300 Monroe Avenue

Plainfield, NJ 07063

$750,000
Price
13
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Explore a lucrative investment with this package featuring three residential apartments and one prime commercial unit in Plainfield, NJ. This investment package not only ensures a steady rental income stream from the residential units but also presents an excellent opportunity to capitalize on the growth potential of the thriving commercial district. Opportunity to increase rents. Sold AS IS, owner will not entertain any repairs or sell contingent property inspection. Property inspection is for informational...Explore a lucrative investment with this package featuring three residential apartments and one prime commercial unit in Plainfield, NJ. This investment package not only ensures a steady rental income stream from the residential units but also presents an excellent opportunity to capitalize on the growth potential of the thriving commercial district. Opportunity to increase rents. Sold AS IS, owner will not entertain any repairs or sell contingent property inspection. Property inspection is for informational purposes. No vacancy contingencies. The owner will only do CO repairs.
  1. Listed by RICHARD CAPAC • GROUP TWENTY SIX LLC

Property Details for 300 Monroe Avenue

Directions
W 3rd and Monroe
Days On Market
31

Location

Listing Courtesy of GROUP TWENTY SIX LLC, RICHARD CAPAC
Add your commute
LISTING UPDATED: 04/08/2024 12:30 AM

Property Details for 300 Monroe Avenue

StatusActive
MLS #3889915
Days on Market53
Taxes$8,386 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built1925
Lot Size0.00 AC / 0 SF
CountyUnion County

Location

Listing Courtesy of GROUP TWENTY SIX LLC, RICHARD CAPAC
Add your commute

Building Information for 300 Monroe Avenue

Stories-Residences4Year Built1925Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$4,792 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$699

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 300 Monroe Avenue

Summary
Location and General Information
  • Active Days on Market: 31
  • County #: Union
  • Town Name: Plainfield City
  • Block Identifier: 124
  • Listing Type: Exclusive Right to Sell
  • Town #: 2912.0
  • Street # Display: 300.0
  • # Parking Spaces: 1
  • County Or Parish: Union
  • Street Name: Monroe Ave
  • Zip Code: 07063-1347
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $8,386
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 97000.0
  • Tax ID For Property: 2912-00124-0000-00003-0000-
  • Tax Rate Amount: $9
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Blacktop
Property
Lot Information
  • Lot Identifier: 3
  • Approximate Lot Size: 40X91.6 IRR
  • Total Acres: 0.0
  • Construction Date/Year Built: 1925
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 73300.0
  • Assessment Land: 23700.0
  • Farm Assessment: No
Utilities
  • Cooling: Wall A/C Unit(s)
  • Water: Public Water
  • Heating: 4 Units
  • Fuel Type: Gas-Natural
  • Sewer: Public Available
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
Interior Features
  • Interior Features: Walk-In Closet
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 6
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1700.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
  • Unit 1 Rooms: 8.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 4
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 800.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 1100.0
  • Unit 3 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
  • Unit 3 Rooms: 4.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 0.0
Unit 4 Information
  • Unit 4 Appl/Equip: Carbon Monoxide Detector
  • Unit 4 Baths: 0.0
  • Unit 4 Bedrooms: 1
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 1.0
  • Unit 4 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 4 Rent: 1250.0
  • Unit 4 Room Description: See Remarks, Storage
  • Unit 4 Rooms: 1.0
  • Unit 4 Security Deposit: 0.0
  • Unit 4 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Expenses Include: See Remarks
  • Net Operating Income: $.00
  • Gross Operating Income: $58,200.00
Rental
Rental Information
  • Home Warranty: false

Property History for 300 Monroe Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 300 Monroe Avenue

This home is within Plainfield Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Clinton Elementary School
PublicPK to 5

Hubbard Middle School
Public6 to 8

Plainfield High School
Public9 to 12

Boaacd
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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300 Monroe Avenue is a multi-family home for sale in Plainfield, NJ 07063. This property was listed for sale on March 8, 2024 by GROUP TWENTY SIX LLC, it's currently listed at $750,000. It has been on the market for a total of 53 days and was last sold on June 18, 2020. This listing's school district is Plainfield Public School District. Nearby schools include Clinton Elementary School, Hubbard Middle School and Plainfield High School. 300 Monroe Avenue is a 13-bed, 4-bath, multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GROUP TWENTY SIX LLC, RICHARD CAPAC

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 04/30/2024 02:22 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.