305-307 Sanford Ave Newark City, NJ $ 589,999
305-307 Sanford Ave
$ 589,999
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305-307 Sanford Ave

Newark City, NJ, 07106
$ 589,999
Bedrooms5 Baths3.0

Monthly Estimate*

$ 3,921

305-307 Sanford Ave, Newark City, NJ 07106 - Image 1
305-307 Sanford Ave, Newark City, NJ 07106 - Image 2
305-307 Sanford Ave, Newark City, NJ 07106 - Image 3
305-307 Sanford Ave, Newark City, NJ 07106 - Image 4
305-307 Sanford Ave, Newark City, NJ 07106 - Image 5
305-307 Sanford Ave, Newark City, NJ 07106 - Image 6
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305-307 Sanford Ave, Newark City, NJ 07106 - Image 8
305-307 Sanford Ave, Newark City, NJ 07106 - Image 9
Multi-Family Home for sale in Newark City, NJ for $589,999 with 5 bedrooms and 3 full baths. The lot size is 0.05.

Welcome to 305-307 Sanford Ave, a remarkable 3-family residence showcasing classic brick-faced architecture and elegant hardwood floors. Located in the vibrant city of Newark, New Jersey, this property offers an exceptional opportunity for investors or homeowners seeking a spacious and well-appointed living space within close proximity to transportation options, including a convenient 30-minute commute to New York Penn Station. Comprising three separate units, each with its own unique charm and functionality, this property presents a versatile opportunity for multi-generational living or rental income.For investors, this property presents a lucrative opportunity for rental income in a high-demand rental market. Its proximity to transportation hubs and urban amenities adds to its appeal, promising strong rental yields and potential long-term appreciation. Roof and gutters newly replaced. Property to be sold sold as is. Owner is licsenced realtor.

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Multi-Family Active

Price

$ 589,999

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,434

Style

3-Three Story

Lot Size

0.05

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3897568

Features
General
Interior Features Carbon Monoxide Detector Fire Extinguisher Smoke Detector Window Treatments Wood Floors
Sewer Public Sewer
Heating 3 Units Baseboard - Hotwater Forced Hot Air Radiant - Hot Water
Cooling Ceiling Fan Wall A/C Unit(s)
Utilities Electric Gas-Natural
Possession At closing
Roof Asphalt Shingle Flat
Water Heater Gas
Exterior Features Open Porch(es) Partially Fenced Patio Sidewalk
Architectural Style 3-Three Story
Exclusions 1st Floor Refrigerator
Garage None
Township Newark City
Tax Year 2023
Gross Income 999
County Essex
Net Operating Income 999
Operating Expense 999
Subdivision Name Upper Vailsburg
Total Rooms 13
Status Active
Directions GSP Exit 144 to South Orange Ave. Then right on Sanford Ave.
Open Parking Spaces 0
Total Units 3
Street Name Sanford Ave
Tax Annual Amount 6434
Drive Off-Street Parking
Days on Market 31
Standard Status Active
Tax Assessed Value 172600
Town # 1614
Tax Lot 3
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Interior
Basement Finished-Partially
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Fuel Type Gas-Natural
Full Baths 3
Half Baths 0
Total Bedrooms 5
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Exterior
Water Source Public Water
Exterior Description Brick Vinyl Siding
Lot Dimensions 29.8X73
Lot Size Acres 0.05
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* Excluded Features
List By
LESLIE FARRELL

Listing Agent

Re/Max First Realty Ii

Broker

Affordability Calculator

$4,457
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,921
Monthly Property Taxes
$536
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$589,999 -5.60% Price Down
4/23/2024$625,000 Listed Price

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305-307 Sanford Ave, Newark City, NJ, 07106 is a Multi-Family Home for sale at $589,999 with a lot size of 0.05. 305-307 Sanford Ave has 5 bedrooms and 3.0 baths. The property's zip code is 07106 which is in Newark City, NJ