Property
Plainfield City, NJ 07060 425 John St # 3
$605,000
21 more
Presented By: EXP REALTY, LLC; 732-385-3799
Beds • 6
Baths • 3
Home Details
**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**
Presented By: EXP REALTY, LLC; 732-385-3799
Interior Features for 425 John St # 3
Bedrooms
Total Bedrooms6
Unit 1 Beds Total2
Unit 2 Beds Total3
Unit 3 Beds Total1
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft600
Unit 2 Sq Ft700
Unit 3 Sq Ft500
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent1926
UnitType2TotalRent2600
UnitType3TotalRent0
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Appl/EquipCarbMDet, CookIndu, Microwav, Refrig, SmokeDet
BasementFull, Unfinished
Fuel TypeElectric, Gas-Natural
Other Rooms
Unit 2 Rooms6
Unit 1 Rooms5
Unit 3 Rooms3
Unit 3 Room DescriptionAttic, Bedrooms, Kitchen, See Remarks
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living/Dining Room
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Living/Dining Room
General for 425 John St # 3
Architectural Style3-Three Story
CoolingSee Remarks
CountyUnion
DirectionsUSE GPS: In-between W4th st and W7th street
DriveOn-Street Parking
EasementUnknown
Exclusionstenants belongings
Exterior FeaturesOpen Porch(es), Sidewalk
Full Baths3
Gross Income72000
Heating2 Units, Baseboard - Cast Iron, Baseboard - Electric, Multi-Zone
Interior FeaturesCarbon Monoxide Detector, Fire Extinguisher, Marble Floors, Security System, Smoke Detector, Vinyl-Linoleum Floors
Net Operating Income64700
Number Of Units Total3
Open Parking Spaces
Operating Expense7300
Possessionat closing
RoofAsphalt Shingle
ServicesGarbage Included
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount4898
Tax Assessed Value56100
Tax Lot41
Tax Year2024
Total Rooms14
Town #2912
TownshipPlainfield City
Unit Number3
UtilitiesElectric, Gas-Natural
Water HeaterGas
Year Built1931
Exterior for 425 John St # 3
Exterior DescriptionVinyl Siding
Lot Dimensions19.81X150 IRR
Water SourcePublic Water
Additional Details
Price History
YOLANDA CASSIDY-BOGAN
Associate