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305 Sanford Ave

Newark City, NJ 07106
  • $589,999
  • STATUS: Active Under Contract
  • ON SITE: 145 Days
  • MLS #: 3897568
Under Contract
UPDATED: 55 min ago
$589,999
  • 5
    BEDS
  • 0.05
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Ratings & Info

Description

Welcome to 305-307 Sanford Ave, a remarkable 3-family residence showcasing classic brick-faced architecture and elegant hardwood floors. Located in the vibrant city of Newark, New Jersey, this property offers an exceptional opportunity for investors or homeowners seeking a spacious and well-appointed living space within close proximity to transportation options, including a convenient 30-minute commute to New York Penn Station. Comprising three separate units, each with its own unique charm and functionality, this property presents a versatile opportunity for multi-generational living or rental income.For investors, this property presents a lucrative opportunity for rental income in a high-demand rental market. Its proximity to transportation hubs and urban amenities adds to its appeal, promising strong rental yields and potential long-term appreciation. Roof and gutters newly replaced. Property to be sold sold as is. Owner is licsenced realtor.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Caitlyn Mulligan with RE/MAX Revolution. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Caitlyn Mulligan with RE/MAX Revolution are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-09-16T07:46:32.96.
www.mulligansellsmore.com/homes/149829815
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305 Sanford Ave Newark City, NJ 07106

  • Price: $589,999
  • Status: Active Under Contract
  • On Site: 145 Days
  • Updated: 55 min ago
  • MLS #: 3897568
5
Beds
3
Baths
0
½ Baths
0.05
Acres
Neighborhood:
Upper Vailsburg
County:
Essex
Area:
Newark City
Property Description
Welcome to 305-307 Sanford Ave, a remarkable 3-family residence showcasing classic brick-faced architecture and elegant hardwood floors. Located in the vibrant city of Newark, New Jersey, this property offers an exceptional opportunity for investors or homeowners seeking a spacious and well-appointed living space within close proximity to transportation options, including a convenient 30-minute commute to New York Penn Station. Comprising three separate units, each with its own unique charm and functionality, this property presents a versatile opportunity for multi-generational living or rental income.For investors, this property presents a lucrative opportunity for rental income in a high-demand rental market. Its proximity to transportation hubs and urban amenities adds to its appeal, promising strong rental yields and potential long-term appreciation. Roof and gutters newly replaced. Property to be sold sold as is. Owner is licsenced realtor.
Exterior Features

Approximate Lot Size 29.8X73 Color Of Building Red Brick Exterior Description BrickVinyl Siding Exterior Features Open Porch(es)Partially FencedPatioSidewalk Garage Description None Number Of Parking Spaces 0 Parking Driveway Description Off-Street Parking Roof Description Asphalt ShingleFlat

Interior Features

Basement Yes Basement Description Finished-Partially Cooling Ceiling FanWall A/C Unit(s) Heating 3 UnitsBaseboard - HotwaterForced Hot AirRadiant - Hot Water Interior Features Carbon Monoxide DetectorFire ExtinguisherSmoke DetectorWindow TreatmentsWood Floors Total Number Of Rooms 13 Unit1 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(s)DishwasherDryerMicrowave OvenRange/Oven - GasSmoke DetectorStackable Washer/Dryer Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description Bedrooms Unit1 Rooms 5 Unit1 Security Deposit 2625 Unit1 Sq Ft 1200 Unit2 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(s)Microwave OvenRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description Bedrooms Unit2 Rooms 5 Unit2 Sq Ft 1200 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description Attic Unit3 Rooms 4 Unit3 Sq Ft 850

Property Features

Assessment Total 172600 Building Assessment 159600 Easement No Exclusions 1st Floor Refrigerator Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 999 Land Assessment 13000 Net Operating Income 999 Sewer Public Sewer Tax Amount 6434 Tax Rate Amount 3.728 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 999 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1750 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1600 Unit2 Security Deposit 2400 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1000 Unit3 Security Deposit 900 Utilities ElectricGas-Natural Water Public Water Water Heater Gas

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 908-664-1500.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Caitlyn Mulligan with RE/MAX Revolution. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Caitlyn Mulligan with RE/MAX Revolution are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-09-16T07:46:32.96.
 
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Caitlyn Mulligan with RE/MAX Revolution
2101 route 34, Suite B
Wall NJ, 07719