305-307 Sanford Avenue, Newark, NJ 07106 - Photo 1

1/1

$605,968

Sold
Closed
Multi-Family
5 Total Beds

1/1

Property Description

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.

Full Property Details

Full Property Details for 305-307 Sanford Ave

General

Sold For: $605,968
Taxes: $6,434
Status: Closed
Type: Multi-Family
Source: NJMLS
MLS ID: 24012942
Added to Site: 676 day(s) ago

Interior

Number of Rooms: 13

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 5

Other Rooms

Laundry: Hook Ups, In Unit

Location

Area: Newark
County: ESSEX

Utilities

Utility Description: Sep Elec, Sep Gas, Sep Heat

Structural Information

Architectural Style: 3 Family

Financial Considerations

For Sale: Yes
For Sale/Rent/Lease: For Sale
Tax Amount: $6,434

Listed and Sold by RE/MAX First Realty II (908) 664-1500, Leslie Farrell (908) 664-1500

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Listing agent

— 305-307 Sanford Ave —

Leslie Farrell

RE/MAX First Realty II

(908) 664-1500

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Schools

Schools serving 305-307 Sanford Ave

School District:Newark City School District

Name	Grades	Distance
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106	K-8	0.6 mi
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106	PK-8	0.9 mi
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106	PK-8	1 mi
Mount Vernon Elementary School 142 Mount Vernon Place, Newark, NJ 07106	PK-8	1.2 mi
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103	K-4	1.6 mi
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103	5-8	1.8 mi
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112	K-6	2.5 mi
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112	PK-8	2.8 mi
Louise A. Spencer Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108	PK-8	2.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 305-307 Sanford Ave

Date

Details

Price

Change

Source

11/07/2024

Sold

$605,968

2.71%

MLS

5/08/2024

Price Reduced

$589,999

-5.6%

MLS

4/30/2024

Listed

$625,000

—

MLS

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

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Sold

$540,000

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Single Family
Closed

3
Beds

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Sold

$540,000

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Single Family
Closed

3
Beds
3
Total Baths

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305-307 Sanford Avenue, Newark, NJ 07106 (MLS# 24012942) is a Multi-Family property that was sold at $605,968 on November 07, 2024. Want to learn more about 305-307 Sanford Avenue? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

305-307 Sanford Ave Newark, NJ 07106