317 Richmond St Plainfield City, NJ 07060

Multi-Family (2-4 Units) MLS #: 3941348 Courtesy Of Better Homes Realty

$1,590,000

10 beds | 4 baths
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Est. Property Tax: $11,448
Estimated monthly payments: $7,904/mo.* (recalculate)

Property InformationDescription

Cash cow and cash flow positive investment property located in Plainfield, NJ. Four apartments and 1 commercial space. Three of the apartments have been totally renovated within the last two months. Apartment 1 is two bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 2 is two bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 3 is thre bedrooms and one full bathroom. Occupied. $2,000 per month. Tenant pays electric and gas. Apartment 4 is three bedrooms and one full bathroom. Occupied. $2,200 per month. Tenant pays electric and gas. Garage has two bays and is leased for $5,000 per month. $500 CAM every month. Triple Net property. 13% cap rate.
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Appliances: Oven - Gas, Range, Refrigerator
  • Architecture Style: Other
  • Exterior Type: Brick
  • Roof Type: Asphalt
  • Rooms: Basement, Kitchen, Living Room

MAP & DIRECTIONS

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317 Richmond St, Plainfield City, NJ 07060
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School Information

317 Richmond St, Plainfield City, NJ 07060

Elementary School
Grades KG-5 | Public School
DEWITT D. BARLOW ELEMENTARY SCHOOL
Plainfield, NJ 07060
E Front St & Farragut Rd
908.­731.4300
Distance: 0.5 mi
School Rating
D-
Student:Teacher Ratio
17:1
Total Students
415
Middle School
Grades 7-12 | Public School
PLAINFIELD ACADEMY FOR THE ARTS & ADVANCED STUDIES
Plainfield, NJ 07063
1700 W Front St
908.­731.4421
Distance: 2.7 mi
School Rating
C+
Student:Teacher Ratio
10:1
Total Students
414
Middle School
Grades 6-8 | Public School
MAXSON MIDDLE SCHOOL
Plainfield, NJ 07062
920 E 7th St
908.­731.4310
Distance: 0.6 mi
School Rating
D
Student:Teacher Ratio
14:1
Total Students
829
High School
Grades 9-12 | Public School
PLAINFIELD HIGH SCHOOL
Plainfield, NJ 07060
950 Park Ave
908.­731.4390
Distance: 0.8 mi
School Rating
F
Student:Teacher Ratio
14:1
Total Students
1854
Other Nearby Schools Distance Type Grades School Rating
The Barack Obama Green Charter High School 0.5 mi Public 9-12 D
Charles H. Stillman Elementary School 0.6 mi Public KG-5 F
East End Elementary School 0.7 mi Public PK-4 C+
Evergreen Elementary School 0.7 mi Public KG-5 D-
Somerset Intermediate School 0.8 mi Public 5-6 D+
College Achieve Central Charter School 0.9 mi Public KG-11 C+
Emerson Community School 0.9 mi Public KG-5 C
Union County Teams Charter School 1.0 mi Public KG-12 D+
Cresthaven Academy Charter School 1.0 mi Public KG-4 C-
Frederic W. Cook Elementary School 1.1 mi Public KG-5 B
Phoenix Preschool Of New Jersey 1.2 mi Private PK-KG
Stony Brook Elementary School 1.2 mi Public KG-4 D+
North Plainfield Middle School 1.3 mi Public 7-8 C
Hubbard Middle School 1.3 mi Public 6-8 C
Cedarbrook Elementary School 1.3 mi Public KG-8 D+
North Plainfield High School 1.4 mi Public 9-12 D
Washington Community School 1.4 mi Public PK-5 D
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Plainfield, NJ 07060

Median Age: 35.8
Married: 39%
Number of Households: 15,175
Households with Children: 36.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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