About 725 New Market Avenue
Discover an outstanding investment opportunity with tis charming two-family residence, ideally situated in the vibrant heart of South Plainfield. This two-unit home is meticulous and well-maintained that features two spacious units that are currently rented, with each offering 2 bedrooms and 1 bathroom, providing immediate rental income. Each unit showcases bright, inviting living spaces, well-appointed kitchens, and comfortable bedrooms, ensuring an excellent living experience for tenants. The home sits on a generous L-shaped lot, offering ample potential to enhance its value by adding a garage and driveway with access from the side street. This two-unit home also boasts 2 newer Navien tankless water heaters providing instant hot water to each apartment. Perfectly positioned near top-rated schools, shopping centers, and within a minute from a beautiful dog park, this property combines convenience with a strong community atmosphere. Whether you're an investor seeking a high-yield rental property or a homeowner looking to live in one unit while renting out the other, this versatile home is an excellent choice. This unique property is nestled on one of the largest lots that a multi family home can offer with potential of increasing its square footage in the future and with lots of opportunities to also increase its value and income. Don't miss out on this incredible opportunity schedule your showing today!
Features of 725 New Market Avenue
| MLS® # | 2508925R |
|---|---|
| Price | $549,999 |
| Bathrooms | 0.00 |
| Square Footage | 1,530 |
| Acres | 0.11 |
| Year Built | 1928 |
| Type | Residential Income |
| Sub-Type | 2 Family |
| Status | Active |
Community Information
| Address | 725 New Market Avenue |
|---|---|
| Subdivision | South Plainfield Park |
| City | South Plainfield |
| County | Middlesex |
| State | NJ |
| Zip Code | 07080 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Parking | Detached, 4(+)Car Parking |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room) |
|---|---|
| Appliances | Water Heater(Electric), Unit 1(Dryer,Refrigerator,Washer), Unit 2(Dryer,Refrigerator,Washer) |
| Heating | Hot Water |
| Cooling | A/C Window Unit(s),Attic Fan, Unit 1(A/C Unit), Unit 2(A/C Unit) |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Full, Storage Space, Divided Use, Laundry Facilities |
Exterior
| Lot Description | Irregular Lot |
|---|
Additional Information
| Days on Market | 4 |
|---|---|
| Zoning | R10 |
Listing Details
| Office | SIGNATURE REALTY NJ |
|---|