531 Sanford Avenue

Newark, NJ 07106

$975,000
Price
8
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Brand new 3-family home. 4,604 square feet of gross living space. Ground floor: lr, dr, kit, 2 beds, full bath. Second and third floors both offer 3bedroom/2bath apartments. Central air throughout. Hardwood floors and ceramic tile throughout. Home is eligible for a 5 year property tax abatement. Rental income is estimated. Estimated occupancy: december 31, 2024Brand new 3-family home. 4,604 square feet of gross living space. Ground floor: lr, dr, kit, 2 beds, full bath. Second and third floors both offer 3bedroom/2bath apartments. Central air throughout. Hardwood floors and ceramic tile throughout. Home is eligible for a 5 year property tax abatement. Rental income is estimated. Estimated occupancy: december 31, 2024
  1. Listed by SHAWN ROSA • ROSA AGENCY

Property Details for 531 Sanford Avenue

Directions
SANDFORD AVENUE NEXT TO SILVER STREET
Days On Market
17
Section/Subdiv/Development
VAILSBURG - WEST WARD

Location

Listing Courtesy of ROSA AGENCY, SHAWN ROSA
Add your commute
LISTING UPDATED: 06/10/2024 01:33 PM

Property Details for 531 Sanford Avenue

StatusActive
MLS #3903703
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built2024
Lot Size0.09 AC / 3,920 SF
CountyEssex County

Location

Listing Courtesy of ROSA AGENCY, SHAWN ROSA
Add your commute

Building Information for 531 Sanford Avenue

Stories-Residences3Year Built2024Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$5,321 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,321

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 531 Sanford Avenue

Summary
Location and General Information
  • Active Days on Market: 17
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 4120
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • # Parking Spaces: 1
  • County Or Parish: Essex
  • Street Name: Sandford Avenue
  • Zip Code: 07106-1603
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $0
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 18100.0
  • Tax ID For Property: 1614-04120-0000-00011-0002-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Off-Street Parking
  • # Garage Spaces: 2
  • Garage Description: Built-In Garage
Property
Lot Information
  • Lot Identifier: 11.02
  • Approximate Lot Size: 3912 SF
  • Total Acres: 0.09
  • Construction Date/Year Built: 2024
  • Construction Date/Year Built Des: Under Construction
Property and Assessments
  • Assessment Bldg: 0.0
  • Assessment Land: 18100.0
Utilities
  • Cooling: 3 Units
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 3 Units, Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Stone, Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: No
  • Basement Description: Slab
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Dishwasher, Range/Oven - Gas
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 1 Rent: 2000.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 1460.0
Unit 2 Information
  • Unit 2 Appl/Equip: Dishwasher, Range/Oven - Gas
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 2 Rent: 3000.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 1572.0
Unit 3 Information
  • Unit 3 Appl/Equip: Dishwasher, Range/Oven - Gas
  • Unit 3 Baths: 2.0
  • Unit 3 Bedrooms: 3
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 3 Rent: 3000.0
  • Unit 3 Room Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Unit 3 Rooms: 6.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 1572.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00
Rental
Rental Information
  • Home Warranty: false

Property History for 531 Sanford Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 531 Sanford Avenue

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Lincoln Elementary School
PublicPK to 8

Newark Early College High School
Public6 to 12

Ivy Hill Elementary School
PublicPK to 8

Mount Vernon Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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531 Sanford Avenue is a multi-family home for sale in Newark, NJ 07106. This property was listed for sale on May 24, 2024 by ROSA AGENCY, it's currently listed at $975,000. This listing's school district is The Newark Public School District. Nearby schools include Lincoln Elementary School, Newark Early College High School and Ivy Hill Elementary School. 531 Sanford Avenue is a 8-bed, 5-bath, multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ROSA AGENCY, SHAWN ROSA

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 06/16/2024 08:56 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.