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JJ Elek Realty Co.

jjelekrealty@jjelekrealty.com +1(732) 634-9100

$ 829,900

Est. payment | -/mo

7 Beds

3.5 Baths

0.36 Acres Lot

Save Virtual Tour

$ 829,900

Est. payment | -/mo

Save Virtual Tour

7 Beds

3.5 Baths

0.36 Acres Lot

OPEN HOUSE

Sun Dec 22, 1:00pm - 3:00pm

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Historic District

MLS Listing ID 3935929

Style 2-Two Story, See Remarks

Bedrooms 7

Full Baths 3

Half Baths 1

Year Built 1890

Annual Tax Amount $16,342

Tax Year 2024

Lot Size 0.360 Acres

Property Description

First Time Available in the Unique Historic Area of North Plainfield, Three Unit Multifamily Home. Owner Could Live in One and Rent Two Units or Rent all Three. Quiet Stable Neighborhood with Mixed Single and Multifamily Units. Square Footage of Units As Per Tax Records (5,128). Actual Rent and Net Operating Income Estimated as Previously Were Owner Occupied. In Documents, you will find Three Years of Expenses for the Building. These are directly off the Owner's tax returns for 2021, 2022 and 2023. The owner of the Property lived in the upstairs apartment so there was no rental history. Please note that this is a large 3-bedroom apartment. The one current tenant is month to month (coming off a 1-year lease in the last 60 days). The current rent of $1,500 per month is very low. The other apartment is vacant. We purposely left it vacant so that the Buyer could pick his own tenant and set his own rental rate. Please note additionally that there is a two-car garage which could be included or not included for a higher rental rate.

Location

State NJ

County Somerset

Rooms

Basement Slab

Interior

Interior Features Fire Extinguisher

Heating Electric, Gas-Natural

Cooling Central Air

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature See Remarks, Wood

Parking Features Attached Garage, Finished Garage, On Site

Garage Spaces 3.0

Utilities Available Electric, Gas In Street, See Remarks

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story, See Remarks

Schools

Elementary Schools N Plainfld

Middle Schools N Plainfld

High Schools N Plainfld

Others

Senior Community No

Listed by COLDWELL BANKER REALTY

+1(732) 634-9100

jjelekrealty@jjelekrealty.com

117 Main Street, United States

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99 Linden Ave North Plainfield Boro, NJ 07060