Property

South Plainfield, NJ 07080 725 New Market Avenue

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Presented By: SIGNATURE REALTY NJ
  • MLS# 2508925R
  • 02/05/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 2
  • SQFT • 1,530
  • Garage • 1

Home Details

Discover an outstanding investment opportunity with tis charming two-family residence, ideally situated in the vibrant heart of South Plainfield. This two-unit home is meticulous and well-maintained that features two spacious units that are currently rented, with each offering 2 bedrooms and 1 bathroom, providing immediate rental income. Each unit showcases bright, inviting living spaces, well-appointed kitchens, and comfortable bedrooms, ensuring an excellent living experience for tenants. The home sits on a generous L-shaped lot, offering ample potential to enhance its value by adding a garage and driveway with access from the side street. This two-unit home also boasts 2 newer Navien tankless water heaters providing instant hot water to each apartment. Perfectly positioned near top-rated schools, shopping centers, and within a minute from a beautiful dog park, this property combines convenience with a strong community atmosphere. Whether you're an investor seeking a high-yield rental property or a homeowner looking to live in one unit while renting out the other, this versatile home is an excellent choice. This unique property is nestled on one of the largest lots that a multi family home can offer with potential of increasing its square footage in the future and with lots of opportunities to also increase its value and income. Don't miss out on this incredible opportunity schedule your showing today!
Presented By: SIGNATURE REALTY NJ

Interior Features for 725 New Market Avenue

Bedrooms

Total Bedrooms

Bathrooms

Half Baths0
Total Baths

Other Interior Features

BasementFull, Storage Space, Divided Use, Laundry Facilities
Heating Y/NYes
Interior AmenitiesUnit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room)
Total Stories2

General for 725 New Market Avenue

AppliancesWater Heater(Electric), Water Heater, Unit 1(Dryer, Refrigerator, Washer), Unit 2(Dryer, Refrigerator, Washer)
Attached Garage No
Carport Spaces
Carport Y/NNo
CitySouth Plainfield
Close Price
CoolingA/C Window Unit(s), Attic Fan, Unit 1(A/C Unit), Unit 2(A/C Unit)
CountyMiddlesex
Full Baths
Garage Spaces
Garage Y/NYes
Gas Y/NNatural Gas
HeatingHot Water
Living Area UnitsSquare Feet
Lot Size Square Feet4600
ModificationTimestamp2025-04-02T21:46:11.000Z
Ok to LeaseUnit 1(Month-Month), Unit 2(Month-Month)
OwnerPaysUnit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
OwnershipFee Simple
Property Subtype2 Family
Property TypeResidential Income
SewerPublic Sewer
Standard StatusActive Under Contract
StatusUnder Contract
Stories Count2
Subdivision NameSouth Plainfield Park
Tax Annual Amount7546
Tax Year2023
Total Rooms10
UtilitiesElectricity Connected, Natural Gas Connected
Virtual TourClick here
Year Built1928
ZoningR10

Exterior for 725 New Market Avenue

Building Area Total1530
Covered Spaces
Lot Dimensions100.00 x 46.00
Lot FeaturesIrregular Lot
Lot Size Acres0.1056
Lot Size Area0.1056
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Parking FeaturesDetached, 4(+)Car Parking
Water SourcePublic

Additional Details

Price History

Brian Lee

Associate
Price $534,999
MLS#2508925R
List Date 02/05/2025
Property Type Contingent
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