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197 North Ave Plainfield, NJ $ 2,300,000
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$ 2,300,000 Get more info
197 North Ave
$ 2,300,000
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197 North Ave

Plainfield, NJ, 07060
$ 2,300,000
Bedrooms20 Baths7.3 Sq 9,120

Monthly Estimate*

$ 15,886

197 North Ave, Plainfield, NJ 07060 - Image 1
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Multi-Family Home for sale in Plainfield, NJ

for $2,300,000 with 20 bedrooms and 7 full baths, 3 half baths. This 9,120 square foot home was built in 1894.

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.

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Multi-Family Active

Price

$ 2,300,000

Bedrooms

20

Full Bath

7

Half Bath

3

Property Type

Multi-Family

Taxes

$ 21,383

Style

Year Built

1894

Town/City

Plainfield

County/Region

Union

MLS | Web ID

4057747
Features
General
Sewer Public Sewer
Heating 4+ Units See Remarks
Cooling None
Utilities Electric Gas-Natural See Remarks
Possession at close
Roof Rubberized See Remarks
Water Heater See Remarks
Architectural Style See Remarks
Year Built 1894
Township Plainfield City
Tax Year 2025
Gross Income 247404
County Union
Net Operating Income 174897
Operating Expense 72807
Total Rooms 40
Full Baths 7
Status Active
Directions Watchung ave to north ave
Open Parking Spaces 0
Number Of Units Total 4
Tax Annual Amount 21383
Drive None On-Street Parking
Standard Status Active
Tax Assessed Value 504400
Town # 2912
Tax Lot 9
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Interior
Basement Bilco-Style Door Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 3
Unit 4 Baths Total 1.0
Unit 4 Beds Total 3
Fuel Type Gas-Natural
Half Baths 3
Total Bedrooms 20
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Exterior
Water Source Public Water
Exterior Description Brick Cinder Block
Building Area Total 9120
Lot Dimensions 57X80 IRR
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* Excluded Features
List By
BRIAN FERNANDES

Listing Agent

Re/Max Central

Broker

fernandes.brian1@gmail.com

Email

Affordability Calculator

$17,667
Per Month
90%
10%
0%
Monthly Principal & Interest
$15,886
Monthly Property Taxes
$1,782
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/8/2026$2,300,000 Listed Price

Map

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197 North Ave, Plainfield, NJ, 07060 is a Multi-Family Home for sale at $2,300,000 with 9,120 sqft. 197 North Ave has 20 bedrooms, 7.3 baths, and was built in 1894. The property's zip code is 07060 which is in Plainfield, NJ

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