Listing Details

957 Central Ave,Plainfield City, NJ 07060-2310

  • March 3, 2026

Description

The iconic Coriell Mansion, built in 1880 and located in the Van Wyck Brooks Historic District, is recognized as one of Plainfield?s largest Gilded Age estates. This rare offering combines a historic landmark property with a fully operational, income-producing short-term rental business.Situated on an approximately 32,000-square-foot lot, the approximately 11,000-square-foot mansion generates approximately $360,000 in gross annual revenue. The sale includes both the real estate and the established short-term rental operation, providing a true turnkey investment.Architectural highlights include Colonial Revival design with Georgian influences, featuring a grand main staircase with Scamozzi Ionic capitals. The property blends historic elegance with modern functionality, offering multiple bedrooms, expansive common areas, and flexible layouts ideal for luxury stays and group accommodations.Backed by proven demand, repeat bookings, and established systems, this asset offers stabilized cash flow with upside potential. A rare opportunity to own a landmark estate delivering scale, income, and long-term value.

Details

Last Updated On: March 3rd, 2026 at 11:23 am
Property ID:PT-30448904-AXZR
Offer Type:For Business
Property Type:Business
Price: 1,900,000 $

Additional Details

Home Details

Basmnt/Desc: Yes - Full, Unfinished, Walkout
Business Established: 2013
Number of Lavatories: 7
Road Type: City/Town Street

Taxes, Fees & Assessments

Existing Lease: Seller Owns Building
Ownership Type: Corporation
Gross Operating Income: 360000
Net Operating Income: 174249
Expense Operating: 185751
Documents Available: Financial Statements, Floor Plans, Tax Returns

Utilities

Heat Source: Gas-Natural
Heating: 4+ Units, Forced Hot Air
Cooling: 4+ Units, Central Air
Water: Public Water
Utilities: Electric, Gas In Street, Gas-Natural
Sewer: Public Available
Services: Garbage Extra Charge

Other

Hours of Operation: Short-Term Rental Business

Statistics

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