197 North Ave
Plainfield City, NJ 07060
Price: $2,300,000
GSMLS: 4057747Type: Multi-Family
Style: See Remarks
Total Units: 4
Beds: 20
Baths: 7 Full & 3 Half
Garage: No
Year Built: 1894
Acres: 0.00
Property Tax: $21,383
Description
Located directly across from Plainfield Station, this 10-unit mixed-use investment property offers strong in-place cash flow and long-term upside in one of Plainfield's key transit-oriented redevelopment areas. The property consists of 7 large 3-bedroom, 1-bath apartments and 3 commercial units, providing diversified income and strong rental appeal. With excellent visibility, immediate NJ Transit access and ongoing public and private investment throughout the downtown North Avenue corridor, this property presents a compelling opportunity for investors seeking both current income and future growth.
General Info
Style:
See Remarks
SqFt Building:
9,120
Total Rooms:
40
Basement:
Yes - Bilco-Style Door, Unfinished
Interior:
n/a
Roof:
Rubberized, See Remarks
Exterior:
Brick, Cinder Block
Lot Size:
57X80 IRR
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
None, On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 4
Bedrooms:
3
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Utilities
Heating:
4+ Units, See Remarks
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
See Remarks
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural, See Remarks
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Union
Town:
Plainfield City
Neighborhood:
n/a
Financial Considerations
List Price:
$2,300,000
Tax Amount:
$21,383
Land Assessment:
$38,300
Build. Assessment:
$466,100
Total Assessment:
$504,400
Tax Rate:
8.93
Tax Year:
2025
Listing Information
MLS ID:
4057747
List Date:
10-08-2026
Days On Market:
2
Listing Broker:
RE/MAX CENTRAL
Listing Agent:
Brian Fernandes
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
