For Multi Family

600 Madison Ave,Plainfield City, NJ 07060-1542

March 8, 2026

This well-maintained, updated 4-unit property presents an exceptional investment opportunity in a prime commuter-friendly location. Three of the units offer spacious layouts featuring two bedrooms, one bathroom, a kitchen, and a comfortable living room. All have brand-new kitchens and numerous updates throughout. The fourth unit is a fully renovated residence with one bedroom, one bathroom, a modern kitchen, and living room, offering added privacy and strong rental appeal. The main house is fully occupied by outstanding long-term tenants who are respectful, reliable, and pay on time, providing immediate and stable income for the next owner. Ideally situated within walking distance to NJ Transit bus and rail lines – this location is perfect for commuters and highly desirable for renters.

Property ID:PT-31007683-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 825,000 $

Bedrooms:7

Year Built:1906

Listing Details

Status: Active

Location

County: Union

Lotsize: 60.74X137.04IRR

Lot Identifier: 2

Lot Description: Corner

Lot Identifier: 2

Home Details

Open Parking: 5

Basement: Yes

Basmnt/Desc: Yes - Bilco-Style Door, Full

Total Baths: 4.00

Unit Style: Fourplex

Number of Units: 4

Rooms: 15

Easement/Desc: No

Exterior Description: Brick, Wood

Roof Description: Asphalt Shingle

Possesion: Upon Close

Unit 1 Appliances/Equipment: Microwave Oven, Range/Oven - Gas, Refrigerator

Unit 1 Levels: 1

Unit 1 Rooms: 4

Unit 1 Beds: 2

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 SqFt: 850

Unit 1 Rent: 1950

Unit 1 Room Description: Bedrooms, Kitchen, Living Room

Unit 1 Security Deposit: 975

Unit 2 Appliances/Equipment: Microwave Oven, Range/Oven - Gas, Refrigerator

Unit 2 Levels: 1

Unit 2 Rooms: 4

Unit 2 Beds: 2

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 SqFt: 850

Unit 2 Rent: 1950

Unit 2 Room Description: Bedrooms, Kitchen, Living Room

Unit 2 Security Deposit: 938

Unit 3 Appliances/Equipment: Microwave Oven, Range/Oven - Gas, Refrigerator

Unit 3 Levels: 1

Unit 3 Rooms: 4

Unit 3 Beds: 2

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 3 Handicap: No

Unit 3 SqFt: 850

Unit 3 Rent: 1950

Unit 3 Room Description: Bedrooms, Kitchen, Living Room

Unit 3 Security Deposit: 750

Unit 4 Appliances/Equipment: Refrigerator

Unit 4 Levels: 1

Unit 4 Rooms: 3

Unit 4 Beds: 1

Unit 4 Baths: 1.0

Unit 4 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 4 Handicap: No

Unit 4 SqFt: 650

Unit 4 Room Description: Bedrooms, Kitchen, Living Room

Block Identifier: 710

County Number: 29

Town Number: 2912

YB/Desc: 1906 - Approximate

Easement: No

Parking/Driveway Description: Additional Parking, Blacktop, Off-Street Parking

Block Identifier: 710

County Number: 29

Town Number: 2912

Possession: Upon Close

Taxes, Fees & Assessments

Gross Operating Income: 91800

Net Operating Income: 69800

Tax ID For Property: 2912-00710-0000-00002-0000-

Tax Amount: $9,372.00

Tax Year: 2025

Tax Rate: 8.926%

Tax Rate Year: 2025

Land Assessment: $50,200.00

Building Assessment: $54,800.00

Total Assessment: $105,000.00

FHA Age Restricted: No

Utilities

Water Heater: Gas

Heat Source: Gas-Natural

Heat System: 2 Units, Multi-Zone, Radiators - Hot Water

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

Schools

Middle School: Hubbard

High School: Plainfield

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Listing Details

600 Madison Ave,Plainfield City, NJ 07060-1542

Description

Details