725 New Market Ave
South Plainfield Boro, NJ 07080
Price: $534,999
GSMLS: 3944445Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 4
Baths: 2 Full
Garage: 1-Car
Year Built: Unknown
Acres: 0.11
Property Tax: $7,889
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!
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
10
Basement:
Yes - Full
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
46X100
Lot Desc:
Irregular Lot
Parking
Garage Capacity:
1-Car
Description:
Detached Garage
Parking:
Blacktop
Spaces Available:
4
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Ceiling Fan(s), Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Attic, Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Ceiling Fan(s), Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
Ceiling Fan, Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Middlesex
Town:
South Plainfield Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$534,999
Tax Amount:
$7,889
Land Assessment:
$24,700
Build. Assessment:
$88,300
Total Assessment:
$113,000
Tax Rate:
6.98
Tax Year:
2024
Listing Information
MLS ID:
3944445
List Date:
02-04-2025
Days On Market:
36
Listing Broker:
SIGNATURE REALTY NJ
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHomeHunter.com
