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Three-Level Triplex with Garage
For Sale
$1,100,000

551-553 Sandford Ave, Newark, NJ 07106

Planned multifamily property with separate apartment layouts across three levels and a ground-floor two-car garage.

Property SizeContact for details
Days on Market51

Property Features for 551-553 Sandford Ave

General Information

Standard status Active
Property subtype Commercial

Site & Location

Neighborhood Upper Vailsburg

Taxes and HOA fees

Annual Taxes $5,874
Listing Agency: JD Frances Realty
Listed By: Deanna F. Sery ()
Source: Fortuneluxuryrealty
Added: Sep 5 Changed: Oct 7 Last Checked: Oct 24 at 4:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JD Frances Realty

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Investment Insights

Based on property information with market context.

Scheduled for completion in summer 2027, this planned triplex is arranged across three levels with nine bedrooms and five bathrooms. The ground floor includes a two-bedroom, one-bath apartment along with a two-car garage. The upper levels follow a similar apartment configuration, with the third floor adding an additional bedroom or office space.

Key Highlights

  • Triplex planned for completion in summer 2027
  • Nine bedrooms and five bathrooms
  • Three‑level layout with apartment spaces on each floor

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,126
Businesses Nearby

Demographics for 07106, NJ

34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Planned multifamily property with separate apartment layouts across three levels and a ground-floor two-car garage.
Where is this triplex located?
The property is located at 551-553 Sandford Ave Newark, NJ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Triplex planned for completion in summer 2027; Nine bedrooms and five bathrooms; Three‑level layout with apartment spaces on each floor
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