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Legal Triplex with Private Backyard
For Sale
$699,999

575 Sanford Avenue, Newark, NJ 07106

Three-unit property with separate utilities, radiator heating, and an oversized driveway.

Property Size950 SF
Price / SF$736.84
Days on Market206

Property Features for 575 Sanford Avenue

General Information

Standard status Active
Size 950 SF
Property subtype Multi Family / 3-Three Story

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $8,225

Amenities

private backyard
oversized driveway
large unfinished basement
Yes
No
Asphalt Shingle
Fire Extinguisher, High Ceilings
Finished-Partially, Full
Patio
Vinyl Siding

Building Details

Year Built 1934
Buildings 1
Listing Agency: PRESTIGE PROPERTY GROUP MONTCLAIR
Listed By: SEBASTIAN DIAZ MARTES · License #404380
Source: Compass
Added: Feb 6 Changed: Aug 30 Last Checked: Aug 31 at 12:09AM

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 PRESTIGE PROPERTY GROUP MONTCLAIR

Investment Insights

Based on property information with market context.

This legal triplex, built in 1934, contains 8 bedrooms and 3 full bathrooms across three residential units. Multiple bonus rooms add flexibility for offices, guests, storage, or other household needs. The property also includes radiator heating, separate utilities, a basement, vinyl siding, and a patio.

Outdoor features include a private backyard and an oversized driveway. The property is positioned for access to the Garden State Parkway, I-78, Newark Liberty International Airport, public transportation, shopping, and New York City.

Key Highlights

  • Legal 3‑family property with 8 bedrooms and 3 full bathrooms
  • Separate utilities and radiator heating
  • Private backyard with patio

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,127
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with separate utilities, radiator heating, and an oversized driveway.
Where is this triplex located?
The property is located at 575 Sanford Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Legal 3‑family property with 8 bedrooms and 3 full bathrooms; Separate utilities and radiator heating; Private backyard with patio
More about this property
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