231 Sanford Street, East Orange, NJ 07018 - Photo 1

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$350,000

For Sale
Active
Business

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Property Description

Established dry cleaning business with long-time, steady customers and strong revenue. All equipment is included. The current tenant, who owns the building, also operates another successful dry cleaner in South Orange (just 5 minutes away). The South Orange location is surrounded by luxury condominiums and has great income potential (MLS# 2205372 'â‚¬" no equipment included). ?? Highly recommended to purchase both locations for even higher earnings! ?? Combined gross income of both stores exceeds $420,000. ?? Additional potential for increased revenue by introducing pickup & delivery services. Don'â‚¬™t miss this fantastic investment opportunity!

Full Property Details

Full Property Details for 231 Sanford St

General

Price: $350,000
Status: Active
Type: Business
Source: NJMLS
MLS ID: 22005377
Updated: 3/5/2025
Added to Site: 1, 185 day(s) ago

Location

Area: East Orange
County: ESSEX

Heating & Cooling

Heating Type: Gas

Utilities

Utility Description: Other (See Remarks)

Structural Information

Architectural Style: Merch/Retail
Description/Design: Other

Listed by K Realty Group LLC (201) 600-4800, Jihyeon Seong (201) 780-6725

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Listing agent

— 231 Sanford St —

Jihyeon Seong

K Realty Group LLC

(201) 780-6725

(201) 780-6725

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NMLS#: 1598647

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Schools

Schools serving 231 Sanford St

School District:East Orange School District

Name	Grades	Distance
Benjamin Banneker Academy 500 S Clinton St, East Orange, NJ 07018	PK-8	0.4 mi
John L. Costley Middle School 116 Hamilton St, East Orange, NJ 07017	7-7	1.6 mi
Patrick F Healy Middle School 116 Hamilton St Bldg C, East Orange, NJ 07017	8-8	1.7 mi
Sojourner Truth Middle School 116 Hamilton St, East Orange, NJ 07017	7-7	1.7 mi
East Orange Campus High School 344 Prospect St, East Orange, NJ 07017	9-12	1.9 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 231 Sanford St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

11/21/2024

Price Increased

$350,000

4.48%

MLS

11/01/2024

Price Reduced

$335,000

-4.29%

MLS

4/25/2024

Price Increased

$350,000

6.06%

MLS

3/24/2024

Price Increased

$330,000

10%

MLS

10/04/2023

Price Reduced

$300,000

-6.25%

MLS

8/30/2023

Price Increased

$320,000

18.52%

MLS

5/07/2023

Price Reduced

$270,000

-6.9%

MLS

3/16/2023

Price Reduced

$290,000

-9.38%

MLS

2/28/2023

Price Reduced

$320,000

-8.57%

MLS

12/23/2022

Price Reduced

$350,000

-2.78%

MLS

9/30/2022

Price Increased

$360,000

2.86%

MLS

7/31/2022

Price Reduced

$350,000

-2.78%

MLS

4/29/2022

Price Increased

$360,000

2.86%

MLS

2/20/2022

Listed

$350,000

75%

MLS

3/10/2009

Sold

$200,000

—

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 231 Sanford St

Year

Property Taxes

Change

Tax Assessment

Change

2022

$8,175

-9%

$281,300

—

2021

$9,023

—

$281,300

30%

2021

$9,023

-22%

$216,200

—

2018

$11,530

$216,200

—

2017

$11,208

$216,200

—

2016

$11,033

$216,200

—

2015

$10,762

-8%

$216,200

—

2019

$11,675

14%

$216,200

—

2013

$10,213

—

$216,200

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 231 Sanford St

231 Sanford Street, East Orange, NJ 07018 (MLS# 22005377) is a Business property. 231 Sanford Street is currently listed for $350,000 and was received on February 20, 2022. Want to learn more about 231 Sanford Street? Do you have questions about finding other Business real estate for sale in East Orange? You can browse all East Orange real estate or contact a Coldwell Banker agent to request more information.

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231 Sanford St East Orange, NJ 07018