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 $5,000 per month. $500 CAM every month.
Triple Net property. 13% cap rate.
Sold for $1,200,000 on 05/22/25
$1,200,000
317-319 Richmond Street, Plainfield, NJ 07060
10beds
5,183sqft
Four Family
Built in ----
-- sqft lot
$1,209,000 Zestimate®
$232/sqft
$3,050 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 22, 2025 at 11:23am
Listed by:
Marc A Sorrentino 800-531-2885,
VRI Homes
Bought with:
Yitzy Rosenbaum, 2298035
Blue Key Realty, LLC
Source: MOMLS,MLS#: 22418132

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
- Full bathrooms: 5
- 1/2 bathrooms: 3
Heating
- See Remarks
Cooling
- Multi Units
Features
- Basement: Other,Full
Interior area
- Total structure area: 5,183
- Total interior livable area: 5,183 sqft
Property
Parking
- Total spaces: 2
- Parking features: On Street, Oversized, Workshop in Garage
- Attached garage spaces: 2
Features
- Stories: 2
Lot
- Size: 3,049 sqft
- Dimensions: 29 x 100
Details
- Parcel number: 1200304000000013
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Four Family
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Plainfield
- Subdivision: None
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,209,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,209,000