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129 Scofield St
Newark, NJ 07106
SANFORD AVE PORTFOLIO · Multifamily Property For Sale
·
54 Units
Property Facts
| No. Units | 54 | Building Size | 36,256 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 0.48/1,000 SF |
| Lot Size | 0.58 AC | ||
| Zoning | R-3, Newark City | ||
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 36,256 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1960 |
| Parking Ratio | 0.48/1,000 SF |
| Zoning | R-3, Newark City |
Amenities
Unit Amenities
- Kitchen
- Tub/Shower
Site Amenities
- 24 Hour Access
About 129 SCOFIELD ST , NEWARK, NJ 07106
129 Schofield is a mixed use building that sits on the corner of Sanford Ave with 3 commercial tenants and 14 residential units. Property is 100% occupied with separate gas and electric meters (tenants pay). Landlord provides heat and hot water. Roof and boiler are new. The retail spaces all front on Sanford Avenue with high visibility. 698-716 Sanford is an attached three building complex with off-street parking and garages. It consists of 36 units and a super's apartment. Gas and electric are separately metered (tenants pay). Landlord supplies heat and hot water. Roof and boiler are new. There are seven parking spaces and seven detached garages
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 33 | - | - |
| 2+1 | 8 | - | - |
Property Taxes
| Parcel Number | 14-04098-0000-00075 | Improvements Assessment | $1,164,000 |
| Land Assessment | $736,000 | Total Assessment | $1,900,000 |
Property Taxes
Parcel Number
14-04098-0000-00075
Land Assessment
$736,000
Improvements Assessment
$1,164,000
Total Assessment
$1,900,000
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