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720 Madison Ave,Plainfield City, NJ 07060-1544 | Wright Home Realty

Call us:

+01-123-4567

Listing Details

720 Madison Ave,Plainfield City, NJ 07060-1544

  • December 5, 2025

Description

Discover timeless elegance in this beautifully preserved 1906 brick three-unit home located in the prestigious VanWyck Brooks Historic District of Plainfield, NJ. This stately property blends historic charm with modern convenience, perfect for investors, or owner-occupants, seeking a turnkey, income producing gem! Situated in one of Plainfield’s most sought after Historic neighborhoods, this property offers prime access to NJ Transit, bus and rail lines, ideal for commuters, downtown shopping restaurants, bookstores, coffeehouses, municipal buildings, library, public events, schools, and houses of worship. Whether you’re looking to live in one unit and rent the others or add a stable income property to your portfolio, this historic 3-unit residence, offers exceptional, long-term value in a thriving community blooming in redevelopment.

Details

Last Updated On: December 5th, 2025 at 1:30 am
Property ID:PT-16195578-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 799,000 $
Bedrooms:7
Year Built:1906

Additional Details

Listing Details

Status: Active

Location

County: Union
Lotsize: 96.74X130
Lot Identifier: 3
Lot Identifier: 3

Home Details

Open Parking: 6
Basement: Yes
Basmnt/Desc: Yes - Full, Unfinished
Acreage: 0.29
Total Baths: 3.10
Unit Style: 3-Three Story
Number of Units: 3
Rooms: 15
Easement/Desc: No
Exterior Description: Brick
Roof Description: Asphalt Shingle
Possesion: Immediately
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 1 Levels: 2
Unit 1 Rooms: 6
Unit 1 Beds: 3
Unit 1 Baths: 1.0
Unit 1 Fireplaces: 2
Unit 1 Owner/Tenant Pays: Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Unit 1 Handicap: No
Unit 1 SqFt: 1000
Unit 1 Rent: 2800
Unit 1 Room Description: Bedrooms, Kitchen, Living Room, Pantry, Storage
Unit 1 Security Deposit: 4200
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Levels: 1
Unit 2 Rooms: 5
Unit 2 Beds: 2
Unit 2 Baths: 1.0
Unit 2 Fireplaces: 1
Unit 2 Owner/Tenant Pays: Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Unit 2 Handicap: No
Unit 2 SqFt: 1000
Unit 2 Rent: 1750
Unit 2 Room Description: Bedrooms, Kitchen, Living Room, Pantry, Storage
Unit 2 Security Deposit: 2625
Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Levels: 1
Unit 3 Rooms: 5
Unit 3 Beds: 2
Unit 3 Baths: 1.5
Unit 3 Owner/Tenant Pays: Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Unit 3 Handicap: No
Unit 3 SqFt: 1000
Unit 3 Rent: 2300
Unit 3 Room Description: Bedrooms, Kitchen, Living Room, Storage
Unit 3 Security Deposit: 3450
Block Identifier: 715
County Number: 29
Town Number: 2912
YB/Desc: 1906 - Approximate, Historical
Easement: No
Parking/Driveway Description: 1 Car Width, Additional Parking, Blacktop, Off-Street Parking
Block Identifier: 715
County Number: 29
Town Number: 2912
Possession: Immediately

Taxes, Fees & Assessments

Gross Operating Income: 82200
Net Operating Income: 40200
Expense Include: Garbage Collection, Heat, Hot & Cold Water, Insurance
Tax ID For Property: 2912-00715-0000-00003-0000-
Tax Amount: $12,399.00
Tax Year: 2024
Tax Rate: 8.732%
Tax Rate Year: 2025
Land Assessment: $65,400.00
Building Assessment: $76,600.00
Total Assessment: $142,000.00
FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural
Heat System: Radiators - Hot Water
Cool System: 2 Units
Water: Public Water
Sewer: Public Sewer
Utilities: Gas In Street, Gas-Natural

Features

  • High Ceilings
  • Marble Floors
  • See Remarks
  • Sidewalk

Statistics

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