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What makes this property special compared to others in the area
1,664 sqft, 249.6 sqft larger (18%) than nearby homes
Property values in Plainfield have increased 7% in the last year
Plainfield is a sought-after location with great amenities and accessibility
**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 427 John. 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, 2 New Hot Water Heaters, 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 $1,926 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 is vacant but can be rented for $1700 a month. With the upstairs unit rented you will receive $6,226 a month $74,712 a year NET! **property to be sold as-is** **pictures are old pictures taken after renovation prior to the tenants moving in**
Average home price in this area
0 new listings in the last 3 months
0 homes sold in the last 3 months
Market data is based on recent sales and listings in this area.
What makes this property special compared to others in the area
1,664 sqft, offering generous living space in Plainfield
Plainfield is currently a hot seller's market
Built in 1931 with contemporary features
Great value in a desirable Plainfield location
**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 427 John. 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, 2 New Hot Water Heaters, 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 $1,926 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 is vacant but can be rented for $1700 a month. With the upstairs unit rented you will receive $6,226 a month $74,712 a year NET! **property to be sold as-is** **pictures are old pictures taken after renovation prior to the tenants moving in**
Go see 425 John Street, Plainfield NJ 07060
Pick a time to see the home and we'll coordinate a tour for you.
Average home price in this area
45 new listings in the last 3 months
68 homes sold in the last 3 months
Market data is based on recent sales and listings in this area.
Home prices in 07060 have decreased over the last 3 years while overall home prices in Plainfield have been growing.
-1.4% per year
13.7% per year
May 2025
$650k
What makes this property special compared to others in the area
1,664 sqft, offering generous living space in Plainfield
Plainfield is currently a balanced market
Built in 1931 with contemporary features
Great value in a desirable Plainfield location
**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 427 John. 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, 2 New Hot Water Heaters, 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 $1,926 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 is vacant but can be rented for $1700 a month. With the upstairs unit rented you will receive $6,226 a month $74,712 a year NET! **property to be sold as-is** **pictures are old pictures taken after renovation prior to the tenants moving in**
Go see 425 John Street, Plainfield NJ 07060
Pick a time to see the home and we'll coordinate a tour for you.
Average home price in this area
45 new listings in the last 3 months
68 homes sold in the last 3 months
Market data is based on recent sales and listings in this area.
Home prices in 07060 have decreased over the last 3 years while overall home prices in Plainfield have been growing.
-1.4% per year
13.7% per year
May 2025
$650k