725 New Market AVE Under Contract Save Request In-Person Tour Request Virtual Tour
South Plainfield,NJ 07080
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,530 sqft
Price per Sqft $349
Subdivision South Plainfield Park
MLS Listing ID 2508925R
Year Built 1928
Annual Tax Amount $7,546
Tax Year 2023
Lot Size 4,599 Sqft
Property Sub-Type 2 Family
Property Description
Discover an outstanding investment opportunity with tis charming two-family residence, ideally situated in the vibrant heart of South Plainfield. This two-unit home is meticulous and well-maintained 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 two-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 minute 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. This unique property is 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
Zoning R10
Interior
Heating Hot Water
Cooling A/C Window Unit(s),Attic Fan,Unit 1(A/C Unit),Unit 2(A/C Unit)
Exterior
Utilities Available Electricity Connected,Natural Gas Connected
Building
Lot Description Irregular Lot
Story 2
Sewer Public Sewer
Water Public
Others
Virtual Tour https://www.propertypanorama.com/instaview/msx/2508925R