305-307 Sanford Avenue Newark, NJ $ 589,999
305-307 Sanford Avenue
$ 589,999
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305-307 Sanford Avenue

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

Monthly Estimate*

$ 3,921

305-307 Sanford Avenue, Newark, NJ 07106 - Image 1
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305-307 Sanford Avenue, Newark, NJ 07106 - Image 10
305-307 Sanford Avenue, Newark, NJ 07106 - Image 11
305-307 Sanford Avenue, Newark, NJ 07106 - Image 12

Multi-Family Home for sale in Newark, NJ

for $589,999 with 5 bedrooms and 3 full baths. This home was built in 1970.

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 Family

Year Built

1970

Town/City

Newark

County/Region

Essex

MLS | Web ID

24012942

Features
Interior
Basement None
Total Bedrooms 5
Fireplace 1 Fireplace
Basement Description Partially Finished
Heating/Cooling Baseboard Gas Hot Air Hot Water Multi-Zone
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Exterior
Waterfront None
Flood Plain None
Substyle Top/Btm
Exterior Finish Brick Vinyl
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General
Laundry Y/N Hook Ups In Unit
Area 0714
Style 3 Family
Miscellaneous None
Garage None
Status ACTIVE
Utilities Sep Elec Sep Gas Sep Heat
Rooms 13
Views/Exposure None
Year Built 1970's
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* Excluded Features

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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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$589,999 -5.60% Price Down
4/30/2024$625,000 Listed Price

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305-307 Sanford Avenue, Newark, NJ, 07106 is a Multi-Family Home for sale at $589,999. 305-307 Sanford Avenue has 5 bedrooms, 3.0 baths, and was built in 1970. The property's zip code is 07106 which is in Newark, NJ