$1,550,000

204 Montrose Ave South Plainfield, NJ 07080

Estimated payment $9,294/month

Total Views 5,921
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.46 Acre Lot
  • Forced Air Heating System
  • Level Lot
  • South Plainfield High School Rated A-
  • Baseboard Heating

About This Home

Don't miss this turnkey multi-family investment located in a quiet, well-established neighborhood. This fully occupied 4-unit apartment building offers a strong CAP rate and consistent rental income from reliable, long-term tenants. Renovated in 2020, the property features updated interiors, modern finishes, and low-maintenance systems. Plenty of parking spaces for tenants. With solid cash flow from day one, this is a perfect addition to any investor's portfolio!

Listing Agent

Sang Lee

RE/MAX NOW Listed on: 10/17/2025

RE/MAX NOW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,964

Year Built

  • Built in 1869

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 150.00 x 0.00
  • Level Lot

Home Design

  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Basement Storage

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Water Heater

Community Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,964

Year Built

Built in 1869

Lot Details

0

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4649
  • Lot Size: 150.00 x 0.00
  • Ownership: Sole Proprietorship
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1869
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(See Remarks,Gas), Water Heater, Unit 1(Refrigerator), Unit 2(Refrigerator), Unit 3(Refrigerator), Unit 4(Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(Electric), Unit 3 Owner Pays(Gas), Unit 4 Owner Pays(Gas)
  • Has Basement: Slab, Storage Space
  • Basement YN: No
  • Interior Amenities: Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath), Unit 3(4 Bedrooms,Kitchen,2+ Baths), Unit 4(4 Bedrooms,Kitchen,2+ Baths)
  • Stories: 2

Exterior Features

  • Lot Features: Level
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s),A/C Window Unit(s)
  • Heating: Baseboard Electric, Electric, Forced Air, Separate Control
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 20251
  • Zoning: R1-2

Tax Info

  • Tax Annual Amount: 13964
  • Tax Year: 2023

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2025 $14,599 $209,100 $47,400 $161,700
2024 $13,964 $209,100 $47,400 $161,700
2023 $13,964 $209,100 $47,400 $161,700
2022 $13,790 $209,100 $47,400 $161,700
2021 $13,466 $209,100 $47,400 $161,700
2020 $13,269 $209,100 $47,400 $161,700
2019 $12,732 $209,100 $47,400 $161,700
2018 $12,404 $209,100 $47,400 $161,700
2017 $12,245 $209,100 $47,400 $161,700
2016 $12,122 $209,100 $47,400 $161,700
2015 $11,912 $209,100 $47,400 $161,700
2014 $11,570 $209,100 $47,400 $161,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 For Sale $1,550,000 -- --
Source: All Jersey MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- First American Title
Quit Claim Deed -- First American Title
Deed $545,000 Fidelity National Ttl Ins Co
Deed $611,000 --
Deed $486,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $653,450 New Conventional
Closed $653,450 New Conventional
Previous Owner $408,750 New Conventional
Previous Owner $340,000 No Value Available
Source: Public Records

Source: All Jersey MLS

MLS Number: 2606084R

All Jersey MLS

APN: 22-00407-0000-00014

New Jersey Middlesex County South Plainfield 07080

204 Montrose Ave, South Plainfield, NJ

For Sale

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Listing Agent
Sang Lee
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(908) 374-0755