ADDRESS
62 E Park Place
Morristown, NJ 07960
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$1,395,000
97 Days On Site
317 Richmond StPlainfield City, NJ 07060
For Sale|Multi Family|Active
10
Beds
4
Full Baths
0
Partial Baths
—
SqFt
—
/SqFt
1955
Built
County:
Union
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973-349-0459
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Cash cow and cash flow positive investment property located in Plainfield, NJ. Four apartments and 1 commercial space. Three of the apartments have been totally renovated within the last two months. Apartment 1 is two bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 2 is two bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 3 is thre bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 4 is three bedrooms and one full bathroom. Occupied. $2,200 per month. Tenant pays electric and gas. Garage has two bays and is leased for $5,000 per month. $500 CAM every month. Triple Net property. 13% cap rate.
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Listing Snapshot
Price
$1,395,000
Days On Site
97 Days
Bedrooms
10
Inside Area (SqFt)
N/A
Total Baths
4
Full Baths
4
Partial Baths
N/A
Lot Size
N/A
Year Built
1955
MLS® Number
3941348
Status
Active
Property Tax
$11,448
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Price changed to $1,395,000 | |
| 3 months ago | Listing first seen on site |
General Features
Number Of Stories
3
Parking
On Street
Property Sub Type
Multi Family
Sewer
Public Sewer
Style
2-Two Story3-Three Story
Utilities
Underground Utilities
Water Source
Public
Interior Features
Appliances
Gas Water Heater
Basement
Unfinished
Cooling
Window Unit(s)
Heating
Forced AirNatural Gas
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Exterior Features
Construction Details
Brick
Roof
Asphalt
Listing courtesy of VRI HOMES 7322649511
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Neighborhood & Commute
Source: Walkscore
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