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202 Sanford St, East Orange, NJ, 07018
Triplex with Detached 3-Car Garage

202 Sanford St East Orange, NJ 07018

For Sale
$825,000
Pending

MULTI_FAMILY - East Orange City, NJ

Property Size4,548 SF
Lot Size0.15 Acres
Days on Market21

Property Features for 202 Sanford St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
3
Rooms
Bedroom 7, Bedroom 4, Bedroom 3, Bedroom 8, Basement, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 2
Parking
7
Standard status
Pending
Size
4,548 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
13596

Utilities

Sewer type
Public Sewer
Heating system
Baseboard, Hot Water(Heating)
Water source
Public

Building Details

Year built
1925
Floors in Building
3
Number of units
3
Roof type
Shingle
Architectural style
Other
Listing Agency: EXP REALTY, LLC
Listed By: ETHAN GORELICK
Added: Jul 5 Changed: Jul 24 Last Checked: Jul 25 at 7:06AM
MLS# 4038513

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This triplex contains three residential units, including two units with three bedrooms and one unit with two bedrooms. Each unit is configured with a bathroom, kitchen, and living room, along with generous closet and storage space. A finished basement adds additional usable space to the property.

The building is supported by fully separated infrastructure, with each unit featuring its own boiler, hot water heater, and dedicated electrical panel. Off-street parking is provided by a detached three-car garage, reducing reliance on street parking for residents.

For tenants and operators, the separated mechanicals and electrical setup can simplify day-to-day utility management while allowing each unit to function independently. The property also offers commuter convenience with easy access to the Garden State Parkway and Route 280. NJ Transit train service is about 5 minutes away, and Newark Penn Station—providing direct connections to New York City and beyond—is less than 20 minutes from the property. Shopping, dining, and everyday amenities are close by, supporting strong everyday livability for residents.

Key Highlights

  • Three‑unit property built in 1925 with a finished basement adding additional usable space
  • Unit layout includes 3 bedrooms in 2 units and 2 bedrooms in the 3rd unit
  • Fully separated utilities: each unit has its own boiler, hot water heater, and dedicated electrical panel

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $136.4k $30.00
− Vacancy −$9.3k −$2.04
EGI $127.2k $27.96
− OpEx −$57.2k −$12.58
NOI $69.9k $15.38
4,548 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.09M
$951.5K – $1.27M (±1% cap)
NOI $76,116 @ 7.0% cap · market cap 9.23%
Second Best
Apartment 5plus
$999.1K
$874.2K – $1.17M (±1% cap)
NOI $69,939 @ 7.0% cap · market cap 8.48%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,130 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Level TV Mounting ... Electrical Service

Suggested Use

Carpet & Flooring Store Pet Grooming Service (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Florist Locksmith Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-unit income property with separate utilities per unit and off-street parking from a detached 3-car garage.
Where is this triplex located?
The property is located at 202 Sanford St East Orange, NJ.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Three‑unit property built in 1925 with a finished basement adding additional usable space; Unit layout includes 3 bedrooms in 2 units and 2 bedrooms in the 3rd unit; Fully separated utilities: each unit has its own boiler, hot water heater, and dedicated electrical panel
More about this property
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