Listed by The Kislak Company Inc Woodbridge
$2,800,000
North Plainfield & Middlesex Portfolio - 11 units
Details
Property Type Multifamily
Units 11
Cap Rate 6.57%
NOI $183,871
Occupancy 100%
Tenancy Multi
Year Built 1925
Year Renovated 2019
Buildings 3
Zoning Residential
Investment Type Value Add
6.57% Cap Rate - 11 unit portfolio
Marketing description
This multifamily portfolio comprises three properties totaling 11 units. The two four-family properties in North Plainfield are located only .5 miles apart. The properties are well maintained and have undergone various capital improvements over the last several years.
Investment highlights
Over $80,000 spent on capital improvements
Properties will be sold together as a package
Value-add opportunity featuring below-market rents
Private entrances for most units
The two North Plainfield properties are located about 1 mile from the Plainfield Train Station
Listing Contacts
Listed by The Kislak Company Inc Woodbridge
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$183,871.00
$15,322.58/mo
Valuation Metrics
0
DSCR
6.57%
Cap Rate
6.57%
ROI
Map
Zoning
R-3 ResidentialTwo FamilyResidence Zone
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View all 11 uses
View all 11 uses Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics
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