12-Unit Mixed-Use
For Lease
$2,000,000
839-845 Sanford Avenue, Newark, NJ 07106
Six storefronts and six apartments share an all-brick building with month-to-month occupancy.
Space SizeContact for details
Days on Market105
Property Features for 839-845 Sanford Avenue
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Neighborhood
Upper Vailsburg
Taxes and HOA fees
Annual Taxes
$26,650
Listing Agency:
All-City Realty
Listed By:
Donna Schmiede · License #15499
(908) 403-1762
Source:
Tkregroupinc
Added: Jul 21
Changed: Nov 1
Last Checked: Nov 1 at 4:18PM
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 All-City Realty
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Investment Insights
Based on property information with market context.
This all-brick mixed-use property contains 12 units: six commercial storefronts and six apartments. All occupants, including the owner, have month-to-month leases. Building features include a high-ceiling, semi-finished walkout basement with access at both the front and rear, individual tenant storage, and coin-operated laundry.
The fully enclosed rear yard has a gate from Sanford Place and includes 7 fenced parking spaces available for rental. Capital work includes a roof carrying a 5-year warranty, newer windows, replacement steel lintels, sealed exterior brick, and sealed basement walls.
The fully enclosed rear yard has a gate from Sanford Place and includes 7 fenced parking spaces available for rental. Capital work includes a roof carrying a 5-year warranty, newer windows, replacement steel lintels, sealed exterior brick, and sealed basement walls.
Key Highlights
- 12 units: 6 commercial storefronts and 6 apartments
- Month‑to‑month leases for all occupants, including the owner
- 7 fenced parking spaces available for rental
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
999
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Six storefronts and six apartments share an all-brick building with month-to-month occupancy.
Where is this mixed-use property located?
The property is located at 839-845 Sanford Avenue Newark, NJ.
What is the lease rate?
The lease rate is $2,000,000.
What are key features of this property?
This property features: 12 units: 6 commercial storefronts and 6 apartments; Month‑to‑month leases for all occupants, including the owner; 7 fenced parking spaces available for rental
