Cash cow and cash flow positive investment property located in Plainfield, NJ. Four apartments and 1 commercial space. Three of the apartments have been totally renovated within the last two months. Apartment 1 is two bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 2 is two bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 3 is thre bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 4 is three bedrooms and one full bathroom. Occupied. $2,200 per month. Tenant pays electric and gas. Garage has two bays and is leased for $6,000 per month. $2,700 CAM every quarter. Triple Net property. 12% cap rate.
When opportunity knocks ANSWER, Look upon a spacious two-family find with a backyard big enough for summer fun in grand style. Bring your creative ideas here. Renovate this two-family home and kick it into something fabulous. It is conveniently located near shopping, public transportation, restaurants, walking trails, and parks.
Incredible Opportunity!! MULTI-FAMILY!! Currently a 4 Bedroom, 2 Full Bathroom with the Possibility of being a 6 Bedroom Home!! Live in 1 Unit, Rent out the other, Rent both, or treat it as 1 Home... the Possibilities are Endless Here!! Front Porch, LARGE Backyard, Driveway Accommodates at least 4 Cars, Close to Shopping, Rt 22, NYC and Rutgers! This Could Be THE Investment Opportunity You Have Been Waiting For! Peace and Tranquility Awaits! Estate/AS IS Sale, Buyer Responsible for CO. Call for Your Private Showing Today!
This fully renovated three-family property in Plainfield, NJ offers an outstanding investment opportunity. Each unit features 2 bedrooms, 1 updated bath, and a bright, comfortable living room. The property includes a private, exclusive driveway providing parking, as well as a basement with generous storage space. For added convenience, there are coin-operated washing machines available on-site.Each unit is individually metered for gas, electric, and water, allowing for easy management and ensuring tenants are responsible for their own utilities. With its excellent location and updated features, this property is a fantastic opportunity for both investors and owner-occupiers alike! Conveniently located near major highways, shops, houses of worship, shopping, schools, and much more!
Welcome to updated freshly painted, with new flooring and carpet, 2 family home in the sought out neighborhood of Plainfield, upstairs unit has 3 Bedrooms, 1 bath with new cabinets/countertops and new bathroom, from the unit stairs goes to finished heated attic, which is usable extra space. The second unit has updated 2 bedrooms and 1 bath and eat in kitchen. There is a walkout basement, with separate entrance, bedroom, full bath. The property has ample parking space as well as street parking, 2 blocks away from Woodland Elementary School and Maxon Middle school, also close to three railway stations for easy commute, Netherwood station is 3 mins ,Plainfield Station is only 4 mins and Westfield Metro is 10 Minutes away. All utilities are separate. A must see.
Welcome to updated freshly painted, with new flooring and carpet, 2 family home in the sought out neighborhood of Plainfield, upstairs unit has 3 Bedrooms, 1 bath with new cabinets/countertops and new bathroom, from the unit stairs goes to finished heated attic, which is usable extra space. The second unit has updated 2 bedrooms and 1 bath and eat in kitchen. There is a walkout basement, with separate entrance, bedroom, full bath. The property has ample parking space as well as street parking, 2 blocks away from Woodland Elementary School and Maxon Middle school, also close to three railway stations for easy commute, Netherwood station is 3 mins ,Plainfield Station is only 4 mins and Westfield Metro is 10 Minutes away. All utilities are separate. A must see.
Beautiful,Well maintained and spacious 3 family home centrally located in Van Wyck Historic District. High Ceilings,Wood flooring,Wrap around porch, patios, 1st fl. 2bed/2bath,livingrm,familyrm,eat in kitchen, 2nd fl. 2bed/2bath,livingrm,eat in kitchen,sunroom,3rd fl. 2bed/1bath livingrm,eat in kitchen, central air, sep.utilities, owner pays water, driveway for 4-5 cars plus additional driveway & detached 2 car garage,huge basement, coined operated laundry rooms,Ideally located close to train station, bus stops, shopping, library, schools, county park, entertainment, major highways.
Beautiful 3 family home located in heart of Plainfield Van Wyck Historic District,Dramatic & inviting entryway Each apt is Unique with high ceilings, natural light pours thru each apt. 1st floor 2 bed/2baths Liv, eat in kitchen, familyroom/diningrm (many uses for this large space), 2nd floor 2bed/2bath, Livingrm, eat in kitchen, Sunroom, 3rd floor 2 bed/1bath, livingrm,eat in kitchen, Central Air in each unit, Intercom system, Sep. Electric, Gas, Hotwater, Heat., Wall ovens, cook tops, dishwashers, refrigerators included, coined laundromat rooms in basement 3 washers and 3 dryers. Huge basement with several storage room areas, Bilco doors to backyard, systems to the building are updated and maintained , Wrap around porch, 2 patio areas entertaining, large yard, 2 parking areas one holds 4-5 cars the second a long driveway(4-5 cars) with a detached 2 car garage. State Green card is clear, seller will obtain Cert. of Compliance & Smoke Cert., Ideally located near Cedarbrook County Park, Hospital, Library, Schools, Shopping. NJ Transit Train Station & Bus stops short walk or drive away. Minutes to Rt. 22, Rt.78, Rt. 287, Areas Malls & movie theaters close by. * Recoated the metal roof with geocil 2019
Great opportunity for both first-time homebuyers and savvy investors looking to expand their portfolio. This 2 family house boasts 2 bedrooms and 1 bathroom, dining living room combined and a kitchen on each floor. The finished basement adds even more value, featuring 2 rec-rooms and a full bathroom. This property is being sold as-is, seller will not give any credit nor make reparations, house needs TLC. Buyer is responsible for city inspections.Located just 2 blocks from direct buses to NYC and 10 minutes from the train station, and walking distance to stores. Don't miss out on the opportunity to make this property your own! Buyer is responsible for city inspections. Parking for 3 cars. 2 blocks away from diect buses to NYC, 10 minutes from train station.
This two-family home is a diamond in the rough, waiting for a buyer to infuse the renovations and updates it deserves. A commuter's dream, it's located near major highways, train and bus routes to NYC. The convenience continues with an elementary school right across the street, making school drop-offs effortless. The home features generous front and back porches and a picturesque yard, perfect for spring and summer gatherings. The front unit has generous closet space and an updated kitchen with a pantry. The living area is a combination living and dining room with a fireplace to warm up with a cup of cocoa on those chilly nights. The rear unit boasts a balcony above the front porch, ideal for relaxing and enjoying a cool drink. Also, featuring an alcove near the front door to escape the sun or rain while opening your private access door. Close to Milton Campbell and Seidler Fields, the area offers ample opportunities for sports and recreation. Additionally, the full basement is ready to be finished, providing more living space for your needs. Don't miss your chance to own this income-generating property and be your own landlord. This multi family home is perfect for anyone wanting to earn income on the home they reside in. This opportunity won't last!! Home is being sold as-is. Cash or Renovation Loan Required. Showings begin on Sun 7/28.
Introducing a charming multi-family home in the heart of Plainfield that combines space, convenience, and a touch of whimsy for those appreciating both character and connectivity. This lovely abode features 5 bedrooms and 2.5 bathrooms. Step inside to discover a finished basement with a bonus of a finished attic as well. Outside, the property boasts an 8-car driveway, leading to a detached one car garage. Enjoy the breeze of being mere steps from the Netherwood train station, making commutes or city escapes a breeze. Come and see it just might be love at first visit.
Spacious 3 Family in an excellent location. Large 1st floor can be used as bonus rooms with spacious basement and full bath. There are 2 apartments on the 2nd floor and 1 apartment on the 3rd floor. Perfect owner occupied property. Large wrap around front porch and back deck. Oversized driveway and garage for vehicles and storage. Zoned mixed use. Buyer to verify zoning. Buyer is responsible for municipal CO.
The median home value in Plainfield, NJ is $490,000. This is higher than the county median home value of $344,200. The national median home value is $219,700. The average price of homes sold in Plainfield, NJ is $490,000. Approximately 42.05% of Plainfield homes are owned, compared to 49.12% rented, while 8.83% 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 has a population of 51,097. Plainfield is less family-centric than the surrounding county with 27.15% of the households containing married families with children. The county average for households married with children is 34.27%.
The median household income in Plainfield, New Jersey is $56,425. The median household income for the surrounding county is $73,376 compared to the national median of $57,652. The median age of people living in Plainfield is 34.2 years.
The average high temperature in July is 86.9 degrees, with an average low temperature in January of 23 degrees. The average rainfall is approximately 48.5 inches per year, with 22.8 inches of snow per year.