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$ 549,999
Est. payment | /mo
4 Beds
2 Baths
4,791 Sqft Lot
$ 549,999
Est. payment | /mo
4 Beds
2 Baths
4,791 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3944445
Style 2-Two Story
Bedrooms 4
Full Baths 2
Annual Tax Amount $7,889
Tax Year 2024
Lot Size 4,791 Sqft
Property Description
Discover an outstanding investment opportunity with this charming two-family residence, ideally situated in the vibrant heart of South Plainfield. 725 New Market Avenue is a meticulously, well-maintained 2-unit home that features two spacious units that are currently rented, with each offering 2 bedrooms and 1 bathroom, providing immediate rental income. Each unit showcases bright, inviting living spaces, well-appointed kitchens, and comfortable bedrooms, ensuring an excellent living experience for tenants. The home sits on a generous L-shaped lot, offering ample potential to enhance its value by adding a garage and driveway with access from the side street. This 2-unit home also boasts 2 newer Navien tankless water heaters providing instant hot water to each apartment. Perfectly positioned near top-rated schools, shopping centers, and within a 1-minute walk away from a beautiful dog park, this property combines convenience with a strong community atmosphere. Whether you're an investor seeking a high-yield rental property or a homeowner looking to live in one unit while renting out the other, this versatile home is an excellent choice.725 New Market Ave is also a unique property nestled on one of the largest lots that a multi family home can offer with potential of increasing its square footage in the future and with lots of opportunities to also increase its value and income. Don't miss out on this incredible opportunity schedule your showing today!
Location
State NJ
County Middlesex
Rooms
Basement Full
Interior
Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Heating Gas-Natural
Cooling Ceiling Fan, Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Detached Garage
Garage Spaces 1.0
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Irregular Lot
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by SIGNATURE REALTY NJ