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$1,150,000
Est. payment /mo
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Condo
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3981776
Year Built 1910
Annual Tax Amount $21,790
Tax Year 2024
Lot Size 6,534 Sqft
Property Description
Excellent opportunity to own a 8-unit multifamily property in a quiet, residential pocket of North Plainfield with substantial opportunity for rental increase. The building features a mix of studio and one-bedroom apartments, catering to strong demand for affordable, efficient living spaces in the area. The property offers on street parking along with a low-maintenance layout. With stable tenancy, solid in-place income, and historically low vacancy, this asset is ideal for investors seeking dependable cash flow in a commuter-friendly location. Close to Route 22, NJ Transit, retail centers, and local amenities, this property combines suburban charm with excellent connectivity.
Location
State NJ
County Somerset
Zoning Commercial
Rooms
Basement Bilco-Style Door, Unfinished
Interior
Heating Gas-Natural
Cooling No Cool
Equipment Fire Alarm
Heat Source Gas-Natural
Exterior
Exterior Feature Concrete, See Remarks
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by RE/MAX CENTRAL