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
๐ 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.
๐ 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 โComparable Sales in Plainfield
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
Licensed Real Estate Sales Associate
๐ Call Hector Get Your Home Value Thinking of Selling?Interested in this area? I can show you similar properties and help you understand the market.