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1101-1109 E 2nd St
Plainfield, NJ 07062
Mixed-Used Investment FULLY LEASED · Retail Property For Sale
Investment Highlights
- Fully leased 6-unit mixed-use property
- Significant recent capital improvements (roof, HVAC)
- 4 retail storefronts, 2 apartments (plus dedicated storage/parking income)
- Strong cash-flow
Executive Summary
1101–1109 East 2nd Street, Plainfield is a stabilized, 100% leased mixed-use property with 4 retail spaces, 2 3-bedroom apartments, and on-site parking/storage. The property has newer HVAC throughout, roofs renovated within 5 years, modernized apartments (2018/2024), and a recently renovated retail suite. Located on an active NJ Transit bus line, and 1/2 mile from Netherwood NJ Transit Station (direct NYC access), the property offers consistent cash flow.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
6,500 SF
Building Class
C
Year Built/Renovated
1920/2010
Price
$1,275,000
Price Per SF
$196.15
Percent Leased
100%
Building Height
1 Story
Building FAR
0.88
Lot Size
0.17 AC
Zoning
NC
Parking
4 Spaces (0.61 Spaces per 1,000 SF Leased)
Frontage
125’ on 2nd St
Property Taxes
| Parcel Number | 12-00331-0000-00019 | Improvements Assessment | $224,100 |
| Land Assessment | $40,000 | Total Assessment | $264,100 |
Property Taxes
Parcel Number
12-00331-0000-00019
Land Assessment
$40,000
Improvements Assessment
$224,100
Total Assessment
$264,100
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