347
Sanford Ave
Newark, NJ
Just Listed
JUST
LISTED
  • List Price
    $599,999
  • Square Feet
    2,495
  • Lot Size
    2613
347 Sanford Avenue is a fully occupied, income-producing retail property in Newark, NJ, offering an attractive opportunity for investors. The single-story, multi-tenant building spans 2,495 square feet and houses three units: two retail storefronts and one restaurant, all occupied by great, reliable tenants. Originally built in 1917 and renovated approximately five years ago, the property combines classic character with modern updates. With gross annual rental income of $63,600 and a net operating income of $57,600 (the owner is responsible only for insurance), this stabilized asset delivers strong, dependable cash flow.

Bruce Elia Jr.

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