Plainfield NJ Commercial for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Baths:
MLS#:
24035591

ADDITIONAL INFORMATION

Fantastic opportunity to own a commercial property located at 1011 E 2nd St in Plainfield NJ. This property is currently being used as a restaurant and benefits from ample street parking! Sale includes all restaurant equipment including the ventilation hood. This property also has a full basement. Located on E 2nd St, which is in both a commercial and residential area. Conveniently, there is a bus stop that runs directly across the street. If you are looking to take ownership, then call today.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2023
Baths:
MLS#:
3914575

ADDITIONAL INFORMATION

"Exciting Business Opportunity in Plainfield!We are thrilled to present a brand-new commercial space available for lease at 1369 South Ave, Plainfield. This spacious 1700 Sq ft location is perfectly suited for a variety of businesses, retail and professional Business, including food, retail, daycare, doctors' offices, and more!Key Features:- Stunning all-glass doors and window surround for maximum visibility and natural lightStreet parking available- Two bathrooms for added convenience and customer comfort- Ample parking available for both customers and employees, and Street parking available- Prime foot traffic spot!- Close proximity to a franchise food business, attracting even more potential customers- Prime location with high foot traffic on South Ave, surrounded by multi-luxury residential buildings.In terms of transportation, Plainfield is well-connected to other parts of New Jersey and beyond. The area has access to major highways, including Route 22 and Interstate 78, making it convenient for commuting by car. Additionally, Plainfield has a train station served by NJ Transit, providing access to regional rail transportation.This beautiful space offers endless possibilities for entrepreneurs and business owners looking to establish or expand their presence in the area. Whether you're starting a restaurant, opening a retail store, or planning to set up a professional office, this location is sure to impress.

Type:
General Commercial
Sq.Ft.:
4,512
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1935
Baths:
6.00
MLS#:
3886503

ADDITIONAL INFORMATION

Just reduced. Cap rate is over 8.5%. All units are rented. Current rent roll is is approximately $12k per month. This property includes 2 residential units each consisting of 3 bdrm/1 bathroom apartments. An operating hair salon, smoke shop, biker's club, and a construction contractor's office. Enjoy the revenues with little or nor work as almost everything has been renovated. New HVAC system, new roof, boiler. Each unit as separate utilities. 3 units have brand new Central A/C. A dedicated 5 car parking lot is in the rear of the building. On-street parking is also available. The roof was replaced in 2021, so less than 3 years old. All retail/residential units were all renovated recently and so this is as turnkey as they come. Lots of storage in this building as there are several basements. The construction contractor's office is owned by the seller, so they can move if you would like to occupy this retail space or they can sign a lease agreement. Yearly gross income - $136k, Expenses - $42k, Net operating income = 94k

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Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of NJMLS. Real estate listings held by brokerage firms other than the owner of this site are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Some properties listing with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date Updated: {{last updated}}
Source: New Jersey Multiple Listing Service, INC.

©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in Purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



Plainfield Real Estate

The median home value in Plainfield, NJ is $400,600. This is lower than the county median home value of $498,700. The national median home value is $338,100. The average price of homes sold in Plainfield, NJ is $400,600. Approximately 39.16% of Plainfield homes are owned, compared to 55.09% rented, while 5.75% are vacant. Plainfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Plainfield real estate agent to arrange a tour today!

Plainfield, New Jersey 07062 has a population of 54,183. Plainfield 07062 is less family-centric than the surrounding county with 28.61% of the households containing married families with children. The county average for households married with children is 34.03%.

The median household income in Plainfield, New Jersey 07062 is $63,750. The median household income for the surrounding county is $87,369 compared to the national median of $69,021. The median age of people living in Plainfield 07062 is 34.1 years.

Plainfield Weather

The average high temperature in July is 86.2 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 49 inches per year, with 22.2 inches of snow per year.

Plainfield Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    32
    30-day change

Plainfield Schools and Demographics

Education near Plainfield, NJ

Metric City County
High School Graduates 77.71 87.27
College Degree - 2 year 5.82 5.83
College Degree - 4 year 20.63 37.59
Graduate Degree 4.69 10.85
Expenditures per Student 23,387 23,387
Students per Teacher 12.8 12.8

Elementary Schools near Plainfield, NJ

School Grades Students P/T Ratio ZIP
Cedarbrook Elementary School KG - 08 655 14.9 07060
Central Jersey Arts Charter School KG - 08 403 10.9 07062
East End School PK - 04 457 12.7 07060
Emerson Elementary School KG - 05 495 15 07062
Evergreen Elementary School KG - 05 618 15.8 07060
Frederic W. Cook Elementary School KG - 05 198 8.3 07062
Washington Community School PK - 05 651 13 07060
West End School PK - 04 608 12.4 07060
William J. McGinn KG - 04 478 13.7 07076
Woodland Elementary School KG - 05 255 11.6 07062

Middle Schools near Plainfield, NJ

School Grades Students P/T Ratio ZIP
Hubbard Middle School 06 - 08 556 12.6 07060
Maxson Middle School 06 - 08 575 11.7 07062
Park Middle School 05 - 08 934 11.3 07076
Somerset School 05 - 06 499 9.6 07060
Terrill Middle School 05 - 08 825 11.8 07076
Warren Middle School 06 - 08 674 8.7 07060

High Schools near Plainfield, NJ

School Grades Students P/T Ratio ZIP
North Plainfield High School 07 - 12 1,480 10.7 07060
Plainfield High School 09 - 12 1,573 13.7 07060
Scotch Plains-Fanwood High School 09 - 12 1,572 13.8 07076
The Barack Obama Green Charter High 09 - 12 233 9.1 07060

Ungraded Schools near Plainfield, NJ

School Grades Students P/T Ratio ZIP
* Academy for Allied Health Sciences 09 - 12 267 14.3 07076
* Academy for Information Technology 09 - 12 266 9.6 07076
* Union County Magnet High School 09 - 12 290 12.8 07076
* Union County Tech 09 - 12 352 7.3 07076
Union County Teams Charter School KG - 12 338 13.5 07060
Union Regional School UG - UG 0 07076

Demographics near Plainfield, NJ 07062

Metric Zip Code City
Neighborhood Type Inner City
Population 54,183 571,963
Population Density 9,093 5,566
Median Age 34.1 39
People per Household 3.2 2.8
Median Household Income 63,750 87,369
Average Income per Capita 26,564 45,178