99 Linden Ave new Save Request In-Person Tour Request Virtual Tour
North Plainfield Boro,NJ 07060
Key Details
Property Type Multi-Family
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
Interior
Heating Electric, Gas-Natural
Cooling Central Air
Exterior
Exterior Feature See Remarks, Wood
Garage 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
Schools
Elementary Schools N Plainfld
Middle Schools N Plainfld
High Schools N Plainfld