$895,000

720 Madison Ave Unit 22 Plainfield, NJ 07060

Estimated payment $5,727/month

Total Views 4,468
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Discover timeless elegance in this beautifully preserved 1906 brick three-unit home located in the prestigious VanWyck Brooks Historic District of Plainfield, NJ. This stately property blends historic charm with modern convenience, perfect for investors, or owner-occupants, seeking a turnkey, income producing gem! Situated in one of Plainfield's most sought after Historic neighborhoods, this property offers prime access to NJ Transit, bus and rail lines, ideal for commuters, downtown shopping restaurants, bookstores, coffeehouses, municipal buildings, library, public events, schools, and houses of worship. Whether you're looking to live in one unit and rent the others or add a stable income property to your portfolio, this historic 3-unit residence, offers exceptional, long-term value in a thriving community blooming in redevelopment.

Listing Agent

C Jean Rawls

CENTURY 21 JRS REALTY Listed on: 10/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,399

Year Built

  • Built in 1906

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 130.00 x 96.74

Home Design

  • Asphalt Roof

Interior Spaces

  • 3-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • Paved Parking
  • Assigned Parking

Utilities

  • Gas Available at Street
  • Gas Water Heater

Community Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,399

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Lot Size: 130.00 x 96.74
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1906
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator), Unit 3(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks,Water), Unit 2 Owner Pays(See Remarks,Water), Unit 3 Owner Pays(See Remarks)
  • Has Basement: Full, Storage Space
  • Basement YN: No
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks), Unit 2(2 Bedrooms,Kitchen,Living Room,See Remarks), Unit 3(2 Bedrooms,Kitchen,Living Room,1 1/2 Baths,See Remarks)
  • Stories: 3

Exterior Features

  • Lot Features: See Remarks
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 4(+)Car Parking, Paved, Assigned

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Wall Unit(s),A/C Window Unit(s)
  • Heating: See Remarks
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 12632
  • Zoning: R4

Rental Info

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

Tax Info

  • Tax Annual Amount: 12399

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $12,399 $142,000 $65,400 $76,600
2024 $12,277 $142,000 $65,400 $76,600
2023 $12,277 $142,000 $65,400 $76,600
2022 $12,012 $142,000 $65,400 $76,600
2021 $11,907 $142,000 $65,400 $76,600
2020 $11,873 $142,000 $65,400 $76,600
2019 $11,873 $142,000 $65,400 $76,600
2018 $11,624 $142,000 $65,400 $76,600
2017 $11,340 $142,000 $65,400 $76,600
2016 $11,109 $142,000 $65,400 $76,600
2015 $10,781 $142,000 $65,400 $76,600
2014 $10,488 $142,000 $65,400 $76,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 For Sale $799,000 -10.7% --
10/28/2025 10/28/25 For Sale $895,000 -- --
Source: All Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed -- Cortes And Hay Title
Deed -- Cortes And Hay Title
Bargain Sale Deed $458,000 None Available
Deed $93,000 --
Deed -- --
Deed $90,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $558,750 New Conventional
Closed $558,750 New Conventional
Previous Owner $441,626 FHA
Previous Owner $99,000 No Value Available
Previous Owner $97,377 No Value Available
Source: Public Records

Source: All Jersey MLS

MLS Number: 2606659R

All Jersey MLS

APN: 12-00715-0000-00003