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427 John Street

Plainfield, NJ 07060
  • $624,999
  • STATUS: Under Contract
  • ON SITE: 59 Days
  • ID#: 2561071M
Under Contract
$624,999
  • 6
    BEDS
  • 0.07
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,616
    SQFT
  • $387
    $/SQFT
Type:
Multi-Family
Built:
1931
County:
Area:

School Ratings & Info

Description

*LOW TAXES AND HIGH INCOME** **Property is a legal two family with a bonus attic space being rented out** Semi attached to another two family, which is 425 John St. Both have separate deeds, combined both for $1,200,000. New 2023 remolded Updated Section 8 Multi Family Rental Property. Great ROI for investors portfolio to receive monthly guaranteed Passive Income. Section 8 Tenants pay their own utilities electric, Gas and even water. Camera Security System installed. 1 New Furnaces, 1 New Hot Water Heater, New Kitchen Cabinets, Sink, Faucet, Fridge, Stove. New Gray Laminated Floors, New Windows, New Doors and Locks, New Paint, New Bathrooms, New Carpet, New Light Fixtures etc. RentsSection 8: 1st floor 2-Bedroom 1 Bathroom $1,700 a Month Standard Condition but Newly Remodel Cabinets, Sink and repaired plumbing.Section 8: 2nd floor 3-Bedroom 1 Bathroom $2,600 a Month. Newly Renovated ApartmentRoom rental $1700 a month Newly Renovated total $6,000 a month $72,00 a year NET! If sold with 495 John street as a package $1.2 million in total ** property being sold as-is** *pictures are old pictures taken after renovation prior to the tenants moving in**

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Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2025-04-20T00:02:56.82.
www.flagshippropertiesgroup.com/homes/160675589
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427 John Street Plainfield, NJ 07060

  • Price: $624,999
  • Status: Under Contract
  • On Site: 59 Days
  • ID#: 2561071M
6
Beds
3
Baths
0
½ Baths
0.07
Acres
1,616
SQFT
$387
$/SQFT
1931
Built
County:
Union
Area:
Plainfield
Property Description
*LOW TAXES AND HIGH INCOME** **Property is a legal two family with a bonus attic space being rented out** Semi attached to another two family, which is 425 John St. Both have separate deeds, combined both for $1,200,000. New 2023 remolded Updated Section 8 Multi Family Rental Property. Great ROI for investors portfolio to receive monthly guaranteed Passive Income. Section 8 Tenants pay their own utilities electric, Gas and even water. Camera Security System installed. 1 New Furnaces, 1 New Hot Water Heater, New Kitchen Cabinets, Sink, Faucet, Fridge, Stove. New Gray Laminated Floors, New Windows, New Doors and Locks, New Paint, New Bathrooms, New Carpet, New Light Fixtures etc. RentsSection 8: 1st floor 2-Bedroom 1 Bathroom $1,700 a Month Standard Condition but Newly Remodel Cabinets, Sink and repaired plumbing.Section 8: 2nd floor 3-Bedroom 1 Bathroom $2,600 a Month. Newly Renovated ApartmentRoom rental $1700 a month Newly Renovated total $6,000 a month $72,00 a year NET! If sold with 495 John street as a package $1.2 million in total ** property being sold as-is** *pictures are old pictures taken after renovation prior to the tenants moving in**
Exterior Features

Carport Spaces 0 Lot Features Interior Lot

Interior Features

Appliances Water Heater(Gas)Water HeaterUnit 1(Range/OvenRefrigerator)Unit 2(Range/OvenRefrigerator) Basement Full Cooling See Remarks Heating Baseboard Cast IronBaseboard Electric Interior Features Unit 1(1 Bath2 BedroomsKitchenLiving Room)Unit 2(1 Bath3 BedroomsLiving Room)Unit 3(1 BedroomKitchen) Stories Total 3

Property Features

Carport YN No Garage YN No Heating YN Yes Lease Term Unit 1(Month-Month) Owner Pays Unit 1 Owner Pays(See Remarks)Unit 2 Owner Pays(See Remarks)Unit 3 Owner Pays(See Remarks) Ownership Fee SimpleSee Remarks Property Sub Type 3 Family Sewer Public Sewer Tax Annual Amount 4838 Tax Year 2024 Utilities Electricity ConnectedNatural Gas Connected Water Source Public Zoning R-4



Central Jersey MLS logo Listing courtesy of EXP REALTY, LLC: .
Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC.. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.




Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2025-04-20T00:02:56.82.
 
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