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SOLD 251125

1304-12 SOUTH AVE

Plainfield, NJ

$1,690,000
70
Sq. Ft.
$24,143
Per Sq. Ft.
Commercial
Property Type

Tax Assessment Analysis

Sale Price
$1,690,000
Total Assessed
$450,000
Sale vs. Assessed
+$1,240,000 (+275.6%)
Land Value
$173,000
Building Value
$277,000

Plainfield Market Overview

$500,000
Median Price
215
Total Sales
+0.0%
Year over Year
Active
Market Type

๐Ÿ“Š Investment Analysis

$11,830
Est. Monthly Rent
$12,473
Est. Mortgage
7.03% ยท 20% down
-$643
Monthly Cash Flow
8.4%
Cap Rate
-2.3%
Cash-on-Cash Return

Estimates based on 0.7% rent rule, 7.03% interest rate, 20% down payment. For illustrative purposes only.

๐Ÿ˜ Plainfield Neighborhood Guide

68
Walk Score
Somewhat Walkable
67
Min to NYC
With transfer
Plainfield Station
Train Station
Raritan Valley

Neighborhoods in Plainfield

Van Wyck Brooks Historic District $400,000 to $700,000
Best for: Architecture lovers, investors
Sleepy Hollow $450,000 to $650,000
Best for: Families seeking space
Downtown / West Front Street $300,000 to $450,000
Best for: Urban lifestyle, investors
East End $275,000 to $400,000
Best for: First-time buyers, renovation investors

Plainfield is the Queen City โ€” a historic city with some of the most stunning Victorian architecture in New Jersey, a walkable downtown, and NJ Transit service, all at the deepest value point in Union County. At $410K median, entire colonials with wraparound porches cost less than a condo in Hoboken...

Explore Plainfield โ†’

Property Record

Address 1304-12 SOUTH AVE, Plainfield, NJ
Block / Lot 00625 / 0
Property Class Commercial (Class 4A)
Square Footage 70 sqft
Sale Date 251125
Hector Garcia

Hector Garcia

Licensed Real Estate Sales Associate

๐Ÿ“ž Call Hector Get Your Home Value Thinking of Selling?

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