$625,000
PENDING

425 John St Plainfield, NJ 07060

Estimated payment $3,787/month

Total Views 18,220
6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Porch
  • Zoned Heating
  • Baseboard Heating

About This Home

**LOW TAXES AND HIGH INCOME** **Property is a legal two family with a bonus attic space being rented out** Semi attached to another two family, which is 427 John St with a separate deeds. New 2023 remolded Updated Section 8 Multi Family Rental Property. Great ROI for investors portfolio to receive monthly guaranteed Passive Income. Section 8 Tenants pay their own utilities electric, Gas and even water. Camera Security System installed. 1 New Furnaces, 2 new Hot Water Heaters, New Kitchen Cabinets, Sink, Faucet, Fridge, Stove. New Gray Laminated Floors, New Windows, New Doors and Locks, New Paint, New Bathrooms, New Carpet, New Light Fixtures etc. RentsSection 8: 1st floor 2-Bedroom 1 Bathroom $1,926 a Month Standard Condition but Newly Remodel Cabinets, Sink and repaired plumbing.Section 8: 2nd floor 3-Bedroom 1 Bathroom $2,600 a Month. Newly Renovated Attic ApartmentRoom rental is vacant but can be rented at $1700 a month. Total rent role will be $6,000 a month once upstairs is rented $72,00 a year NET! **property being sold as-is** **pictures are old pictures taken after renovation prior to the tenants moving in**

Listing Agent

NICHOLAS BOULTON

EXP REALTY, LLC Brokerage Phone: 732-385-3799 Listed on: 05/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,898

Year Built

  • Built in 1931 | Remodeled

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Electric Baseboard Heater
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

  • Net Operating Income $64,700

Listing and Financial Details

  • Assessor Parcel Number 2912-00501-0000-00041-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,898

Year Built

Built in 1931 | Remodeled

Lot Details

0

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1931
  • Year Built Description: Renovated
  • County Name: Union
  • Exclusions: tenants belongings
  • Renovated Year: 2023
  • Street Number Display: 425
  • Directions: USE GPS: In-between W4th st and W7th street
  • I D: 5359807
  • Modified: 2025-07-31
  • Number Images: 26
  • Attribution Contact: 732-385-3799
  • MLS Status: Under Contract
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Marble Floors, Security System, Smoke Detector, Vinyl-Linoleum Floors
  • Total Number Rooms: 14
  • Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Full, Unfinished

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es), Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Fuel Type: Electric, Gas-Natural
  • Heating: 2 Units, Baseboard - Cast Iron, Baseboard - Electric, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 19.81X150 IRR
  • Assessed Improvement Value: 44700
  • Assessed Land Value: 11400
  • Assessment: 56100
  • Easement: Unknown
  • Lot Identifier: 41
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4898
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2912-00501-0000-00041-0000-
  • Tax Rate Amount: 8.732
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 3

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
2024 $4,850 $56,100 $11,400 $44,700
2023 $4,850 $56,100 $11,400 $44,700
2022 $4,746 $56,100 $11,400 $44,700
2021 $4,704 $56,100 $11,400 $44,700
2020 $4,691 $56,100 $11,400 $44,700
2019 $4,691 $56,100 $11,400 $44,700
2018 $4,592 $56,100 $11,400 $44,700
2017 $4,480 $56,100 $11,400 $44,700
2016 $4,389 $56,100 $11,400 $44,700
2015 $4,259 $56,100 $11,400 $44,700
2014 $4,144 $56,100 $11,400 $44,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Pending -- -- --
05/22/2025 05/22/25 For Sale $625,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $200,000 None Available
Deed $35,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $468,750 New Conventional
Closed $414,000 New Conventional
Closed $300,000 Commercial
Closed $180,000 Commercial
Source: Public Records

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Source: Garden State MLS

MLS Number: 3964641

Garden State MLS

APN: 12-00501-0000-00041