$10,000 Closing Credit¹
#3939581, Listing Office: THOMAS ASSOCIATES
$9,380
closing credit¹
525-529 Sanford Ave Newark City, NJ 07106
$789,888 List price
$9,380
Closing credit¹
10 beds
6 full
Multi-Family
Property details
About 525-529 Sanford Ave
Don't miss this incredible opportunity to own a versatile investment property! Situated on a rare double lot, this expansive 4-family home is perfect for generating rental income or accommodating owner-occupied living. Well-Maintained Units: Unit 1: A sprawling 5-bedroom, 2-bathroom apartment with an eat-in kitchen and a spacious living room. Unit 2: Features 2 bedrooms, a cozy living room, and a well-equipped kitchen. Unit 3: A charming 1-bedroom unit with a living room and kitchen. Unit 4: Located on the third floor, this unit offers 2 bedrooms, an eat-in kitchen, and ample closet space. Partially Finished Basement: Boasting 8 additional rooms, a full bathroom, and two separate entrances, offering endless potential for storage, recreational space, or additional income opportunities. Updated Roof: Recently replaced for peace of mind and reduced maintenance costs. Prime Location: Conveniently located near public transportation hubs, with easy access to Newark Airport and NYC, this property is ideal for commuters and tenants seeking accessibility and convenience.Whether you're an investor looking to expand your portfolio or a homeowner seeking rental income, this property has it all.
Highlights
Home typeMulti Family
HeatingNatural Gas
StatusActive
CoolingOther
BasementYes
Year built1922
ParkingBlacktop
MLS #3943330
Summary
- MLS Number: 3943330
- Office Name: WEST HOBOKEN RESIDENTIAL LLC
- Office Phone: (201) 903-0444
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Last updated on: 2/7/2025, 12:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$789,888
525-529 Sanford Ave
$9,380
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
2
Madison Avenue
Public District PK-5
0.5 mi
•173 Madison Ave
3
Florence Avenue Elementary School
Public District KG-5
0.6 mi
•1324 Springfield Ave
3
Burch Charter School of Excellence
Public Charter KG-5
0.7 mi
•100 Linden Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,125. Residents of Newark City, NJ typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
15%
<35k
58%
35k-100k
26%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
37%
Single, No Kids
20%
Single, with Kids
22%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
11%
12-17 yrs old
18%
18-34 yrs old
48%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
IKEA
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Quiznos
Starbucks
Jack In The Box
What do the neighbors drive?
Lexus
BMW
Toyota
What do the neighbors listen to?
Soft Adult Contemporary
News
Jazz
All data provided by Home Junction and Claritas
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This home is located at 525-529 Sanford Ave in Newark City, NJ and zip code 07106 in the West Ward neighborhood. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $789,888.
The number of listings in Newark City, NJ increased by 14.9% between December and January 2025. In January 2025 median list price was $498,990 and the average listing age was 104 days.
From Rocket Homes Real Estate and based on county public records data.