$499,999
UNDER CONTRACT

402-4 E 2nd St Plainfield, NJ 07060

Estimated payment $3,417/month

Total Views 8,107
-- Bed
-- Bath
2,120 Sq Ft
$236 Price per Sq Ft

About This Home

Excellent investment opportunity: this charming 2-family home, ideally located in a Prime commuter location of Plainfield, just a few blocks from the train station with direct access to Manhattan in approximately 45 minutes. This property offers a perfect blend of spacious living, convenience, and potential rental income. First Unit: 7 rooms, 3 bedrooms, 1 bath. Second Unit: 5 Rooms, 2 bedrooms, 1 bath and a finished attic. Finished Basement with private entrance. Great investment opportunity with potential for high rental income. This multi-family home is a fantastic opportunity for both investors and owner-occupants. The location is unbeatable, Don't miss out on this opportunity to own a multi-family property in a thriving area of Plainfield. Schedule your private showing today! Share Driveway.

Listing Agent

Elmer Arroyo

BLUEXOMES Listed on: 11/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,320

Year Built

  • Built in 1926

Lot Details

  • 7,815 Sq Ft Lot
  • Lot Dimensions are 156.00 x 50.00

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Radiator
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,320

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1794
  • Lot Size: 156.00 x 50.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1926
  • Special Features: 4224
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Finished, Other Room(s)
  • Basement YN: No
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks)
  • Living Area: 2120
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, See Remarks
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 7815
  • Zoning: MU

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 9320
  • Tax Year: 2023

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Map

Range of Values:

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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 $8,295 $95,000 $44,000 $51,000
2024 $9,320 $95,000 $44,000 $51,000
2023 $9,320 $107,800 $44,000 $63,800
2022 $9,119 $107,800 $44,000 $63,800
2021 $9,039 $107,800 $44,000 $63,800
2020 $9,013 $107,800 $44,000 $63,800
2019 $9,013 $107,800 $44,000 $63,800
2018 $8,825 $107,800 $44,000 $63,800
2017 $8,609 $107,800 $44,000 $63,800
2016 $8,433 $107,800 $44,000 $63,800
2015 $8,184 $107,800 $44,000 $63,800
2014 $7,962 $107,800 $44,000 $63,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2025 01/04/25 Pending -- -- --
11/22/2024 11/22/24 For Sale $499,999 +435.0% --
01/04/2017 01/04/17 Sold $93,450 -30.8% $44 / Sq Ft
12/16/2016 12/16/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $135,000 -- $64 / Sq Ft
Source: All Jersey MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- Ideal Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $369,000 New Conventional
Source: Public Records

Source: All Jersey MLS

MLS Number: 2506247R

All Jersey MLS

APN: 12-00307-0000-00017-01

New Jersey Union County Plainfield 07060

402-4 E 2nd St, Plainfield, NJ

This home is located at 402-4 E 2nd St, Plainfield, NJ 07060 and is currently priced at $499,999, approximately $235 per square foot. This property was built in 1926. 402-4 E 2nd St is a home located in Union County with nearby schools including Dewitt D. Barlow Elementary School, Maxson Middle School, and Plainfield High School.

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Elmer Arroyo
Listing Agent
Elmer Arroyo
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BLUEXOMES
(732) 993-9565