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360 Sanford Ave, Newark, NJ, 07106

6beds
2baths
3,552sqft
$665,000
$187price/sqft
$5,276/moest. monthly cost
$211,040/yrincome needed

About This Home

Crafted from durable brick and vinyl siding, this detached gem promises low maintenance and long-term value. Each unit has 3 ample sized bedrooms and 1.5 bathrooms. With three attached garage spaces and additional driveway parking, there is an opportunity for additional income. The modern layout offers ample living space, enhancing rental appeal and allowing for competitive pricing in the market. Whether you are looking to live in one unit and rent the other OR desiring to add to your current portfolio, you will appreciate the strong demand in this area, coupled with the potential for steady cash flow. Built in 2018, with a focus on efficiency, your operational costs remain low, maximizing your profit margins. All of the major systems are 8 years old, allowing the savvy purchaser to reap financial benefits with little to no maintenance. Seize this opportunity to add a valuable asset to your portfolio and watch your investment flourish in a thriving community. Don't miss out on this chance to secure your financial future!

Getting Around

75
WalkingVery Walkable
52
TransitGood Transit
46
BikeSomewhat Bikeable

Schools

3/10
Lincoln Elementary SchoolGrades PK-80.5 mi
1/10
West Side High SchoolGrades 9-121.5 mi
1/10
Central High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 2018

Materials

  • Roof: Asphalt

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Water Heater(Gas),Water Heater,Unit 1(Range/Oven,Refrigerator),Unit 2(Range/Oven,Refrigerator)

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2

Features

  • Unit 1(3 Bedrooms,Kitchen,Living Room,1 1/2 Baths),Unit 2(3 Bedrooms,Kitchen,Laundry Hookup,Living Room,1 1/2 Baths)

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: A/C Central - All,Unit 1(A/C Central),Unit 2(A/C Central)

Interior Area

  • Total structure area: 3,552
  • Total interior livable area: 3,552 sqft

Property

Details

  • Parcel number: 0714419898

Features

  • Stories: 2

Lot

  • Lot size: 2,613 sqft
  • Features: Level
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 3
  • Parking features: Garage,Attached,3-4 Car Parking,On Street
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,362$40,344
Home Insurance *$360$4,320
Property Taxes $1,163$13,956
Electricity $391$4,698
Total$5,276$63,312
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$180,891/yr
40% on housing$158,280/yr
45% on housing$140,693/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$187This listing

vs Other Active Listings

Avg $/sqft

ZIP 07106$253
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07106$221
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-05Listed for sale$665,000

For Sale by Agent

AgentFAREEDA STOKES
BrokerageHARKES REALTY AND ASSOCIATES L

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