This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/42
$2,000,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/42
Property Description
Exceptional Turnkey 12-Unit Mixed-Use Investment Opportunity! 835-839 Sanford Ave. Meticulously maintained and proudly owned by the same family for over 40 years, this all-brick mixed-use building has been thoughtfully renovated and impeccably cared for. The property features 6 commercial storefronts and 6 residential apartments, with long-term tenants and established businesses creating a strong, diversified income stream in a prime location near the Maplewood border. Current gross income is strong, with excellent upside through rent optimization. All tenants, including the owner's unit, are on month-to-month leases, providing flexibility for investors. Additional income OPPORTUNITIES include 7 fenced rentable parking spaces, coin-operated laundry, and individual tenant storage units. The property also offers a high-ceiling, semi-finished walkout basement with front and rear access, ideal for storage or additional utility space. Capital improvements include a roof with a 5-year warranty, newer windows, new steel lintels, professionally sealed exterior brick, and sealed basement walls. The fully fenced rear yard features gated access from Sanford Place. A rare opportunity to acquire an exceptionally maintained mixed-use asset offering stable cash flow, value-add potential, and long-term appreciation in one of the area's most desirable investment corridors.
Full Property Details
Full Property Details for 839-845 Sanford Ave
General
- Price: $2,000,000
- Taxes: $26,650
- Status: Active
- Type: Commercial
- Source: NJMLS
- MLS ID: 26027400
- Updated: 7/21/2026
- Added to Site: 18 day(s) ago
Location
- Area: Newark
- County: ESSEX
Structural Information
- Architectural Style: Res/Com Mixed
- Roof: Asphalt
- Year Built: 1900-1939
Financial Considerations
- Tax Amount: $26,650
- Owner Pays: Common Area, Heat, Snow, Water, Taxes
Listed by All-City Realty (908) 251-5530, Donna Schmiede (908) 403-1762
Get Pre-Approved Today
Schools
Schools serving 839-845 Sanford Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 0.3 mi |
Mount Vernon Elementary School 142 Mount Vernon Place, Newark, NJ 07106 | PK-8 | 0.4 mi |
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106 | K-8 | 0.6 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 1.9 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.9 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 2.4 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.4 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 2.2 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 839-845 Sanford Ave
Date
Details
Price
Change
Source
7/21/2026
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 839-845 Sanford Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,994
7%
$625,000
—
2022
$23,350
—
$625,000
—
2021
$23,338
33%
$625,000
—
2021
$17,594
-24%
$625,000
—
2018
$23,081
-14%
$625,000
-17%
2017
$26,885
3%
$755,200
—
2016
$25,979
4%
$755,200
—
2015
$24,990
6%
$755,200
21%
2019
$23,506
5%
$625,000
-17%
2013
$22,301
—
$755,200
—
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 839-845 Sanford Ave
839-845 Sanford Avenue, Newark, NJ 07106 (MLS# 26027400) is a Commercial property. 839-845 Sanford Avenue is currently listed for $2,000,000 and was received on July 21, 2026. Want to learn more about 839-845 Sanford Avenue? Do you have questions about finding other Commercial real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

