$775,000
SOLD JUL 8, 2025

201 Merchants Ave South Plainfield, NJ 07080

-- Bed
-- Bath
-- Sq Ft
1960 Built

Recently Sold

7% Above List Price

11 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Air Conditioning
  • Radiator
  • South Plainfield High School Rated A-
  • 2 Car Garage

About This Home

As of July 2025

Welcome to this fantastic 2-family home on a spacious corner lot in the heart of South Plainfield! Whether you're an investor seeking high cash flow or a homeowner looking to live in one unit while renting the other, this property offers incredible flexibility. Each unit has its own private entrance, and the home also features a fully finished basement with a separate entrance, providing additional living space or rental potential. Enjoy the convenience of two garages, a large driveway, and a spacious backyard, perfect for outdoor gatherings or extra parking. The solar panels help keep energy costs low, and the home is situated in a peaceful, well-kept community with great curb appeal. Conveniently located near shopping, dining, and major highways for easy commuting, this is a rare opportunity you don't want to missschedule your showing today!

Last Agent to Sell the Property

Serhat Okdemir

EXP REALTY, LLC Listed on: 04/03/2025

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,470

Year Built

  • Built in 1960

Parking

  • 2 Car Garage

Home Design

  • Asphalt Roof

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Air Conditioning
  • Radiator
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Enclosed Patio or Porch
  • Irregular Lot

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(electric fuel water gas)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,470

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1960
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(Electric,Fuel,Water,Gas)
  • Has Basement: Full, Laundry Facilities
  • Basement YN: No
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks), Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room)
  • Stories: 2

Exterior Features

  • Lot Features: Irregular Lot
  • Exterior Features: Patio, Porch(es) - Enclosed
  • Patio And Porch Features: Patio, Enclosed
  • Roof: Asphalt

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, See Remarks, 1-2 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: See Remarks, Unit 1(A/C Unit)
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 12470
  • Tax Year: 2024

Multi Family

  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2025 07/08/25 Sold $775,000 +6.9% --
04/03/2025 04/03/25 For Sale $725,000 -- --
Source: All Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 -- $89,300 $18,950 $70,350
2022 $0 $89,300 $18,950 $70,350
2021 $0 $89,300 $18,950 $70,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2511009R

All Jersey MLS

APN: 22 00177-0000-00001