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Sold for $1,200,000 on 05/22/25
  • $1,200,000

    317-319 Richmond Street, Plainfield, NJ 07060

    10beds
    5,183sqft
    Multi Family
    Built in ----
    -- sqft lot
    $1,220,600 Zestimate®
    $232/sqft
    $2,303 Estimated rent

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    $2,303/mo

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    What's special

    Cash cow and cash flow positive investment property located in Plainfield, NJ. Four apartments and 1 commercial space. Three of the apartments have been totally renovated within the last two months. Apartment 1 is two bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 2 is two bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 3 is thre bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 4 is three bedrooms and one full bathroom. Occupied. $2,200 per month. Tenant pays electric and gas. Garage has two bays and is leased for $5,000 per month. $500 CAM every month. Triple Net property. 13% cap rate.

    Zillow last checked: 7 hours ago

    Listing updated: May 22, 2025 at 11:23am

    Listed by:

    Marc A Sorrentino 800-531-2885,

    VRI Homes

    Bought with:

    Yitzy Rosenbaum, 2298035

    Blue Key Realty, LLC

    Source: MoreMLS,MLS#: 22418132MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 8
    • Full bathrooms: 5
    • 1/2 bathrooms: 3
    Heating
    • See Remarks
    Cooling
    • Multi Units
    Features
    • Basement: Other,Full
    Interior area
    • Total structure area: 5,183
    • Total interior livable area: 5,183 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Street, Oversized, Workshop in Garage
    • Attached garage spaces: 2
    Features
    • Stories: 2
    Lot
    • Size: 3,049 sqft
    • Dimensions: 29 x 100
    Details
    • Parcel number: 1200304000000013

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Plainfield
    • Subdivision: None
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    Estimated market value
    $1,220,600