424 Madison Avenue

Plainfield, NJ 07060

$400,000
Last Sold Price
5
Beds
2
Baths
1,742 Sq. Ft.
$230 / Sq. Ft.
1,742
Sq. Ft.
$230
per Sq. Ft.

Description

Great investment opportunity in Plainfield City. Fully rented two family house located on a corner lot. Total monthly income $2,350/month. 1st Floor - 2 bedroom, 1 bath, living room, and kitchen - rented for $1,250/month. 2nd Floor - 3 bedrooms, 1 bath, living room, and kitchen - rented for $1,100/month. Access from second floor to finished attic. Parking for 8+ cars. Just four blocks away from Plainfield Train Station and downtown.Great investment opportunity in Plainfield City. Fully rented two family house located on a corner lot. Total monthly income $2,350/month. 1st Floor - 2 bedroom, 1 bath, living room, and kitchen - rented for $1,250/month. 2nd Floor - 3 bedrooms, 1 bath, living room, and kitchen - rented for $1,100/month. Access from second floor to finished attic. Parking for 8+ cars. Just four blocks away from Plainfield Train Station and downtown.

Property Details for 424 Madison Avenue

Tax ID Number
12-00702-00008
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial
Waterfront
No
Garage
No
Municipality
PLAINFIELD CITY
Central Air
No

Location

Add your commute
LISTING UPDATED: 08/09/2023 04:20 PM

Property Details for 424 Madison Avenue

StatusClosed
MLS #NJUN2000260
Days on Market1
Taxes$5,540 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1921
Lot Size0.13 AC / 5,837 SF
CountyUnion County

Location

Add your commute

Building Information for 424 Madison Avenue

Stories-Residences1Year Built1921Building Size-Lot Size0.13 AC / 5,837 SF

Payment Calculator

$2,645 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,183

Property Taxes

$462

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 424 Madison Avenue

Location
Location
  • School District Name: PLAINFIELD PUBLIC SCHOOLS DISTRICT
  • School District County ID: 300200397154
  • SchoolDistrictSource: Listing Agent
  • County: UNION
  • MLS Area: Plainfield City (22012)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $65,500
  • Year Assessed: 2022
  • Improvement Assessed Value: $35,000
  • Land Assessed Value: $30,500
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: MU
  • Tax Lot: 00008
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
Multi Family
Unit 1
  • Type: Unit 2
  • Beds Total: 3
  • Full Baths Count: 1
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 1,742.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 49.22 x 118.58
  • Lot Dimensions Source: Estimated
  • Parcel ID: 5935330
Parking
Parking
  • Type Of Parking: Driveway
  • Parking Features: Asphalt Driveway, Concrete Driveway
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: CORE Association of REALTORS
  • List Agent URL: Tgtsells.com

Property History for 424 Madison Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 424 Madison Avenue

This home is within Plainfield Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Charles H. Stillman Elementary School
PublicK 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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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 05/04/2024 05:52 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.