West Monmouth - Carol Mazzola
1/26
Listing Courtesy Of: EXP REALTY, LLC, NICHOLAS BOULTON
Local Realty Services Provided By: Keller Williams Realty Premier Properties of Westfield
Overview
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$624,999
427 John Street, Plainfield, NJ 07060
6 Beds
3 Baths
1,616 sq ft
.07 ac
$624,999

427 John Street, Plainfield, NJ 07060

Estimation provided by Keller Williams Realty Inc.
6 Beds
3 Baths
1,616 sq ft
.07 ac
Active - Atty Revu
For Sale
Virtual Tour

Property Description

*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 425 John St. Both have separate deeds, combined both for $1,200,000. 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, 1 New Hot Water Heater, 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 $1,700 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 $1700 a month Newly Renovated total $6,000 a month $72,00 a year NET! If sold with 495 John street as a package $1.2 million in total ** property being sold as-is** *pictures are old pictures taken after renovation prior to the tenants moving in**

Property Details

Compare This Home
Overview
Property Type
3 Family
Property Size
1,616 sq ft
Year Built
1931
Days on Site
40 Days
HVAC
Baseboard Electric, Baseboard Cast Iron
Parking
No
Mazzola Realty Group
West Monmouth
NJ 9480603

Activity History

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Data provided by Keller Williams Realty, Inc.
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Purchase Price: $624,999
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Price & Tax History

Date
Event
Price
02/21/2025
Price Decrease
$624,999
(-0%)
02/19/2025
Listed
$625,000
(+46,786.72%)
04/11/2023
Sold
$1,333
(-99.33%)
02/27/2020
Sold
$200,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$4,790
(+2.21%)
$55,400
Land 11,400 + Additions 44,000
2022
$4,686
(+0.88%)
$55,400
Land 11,400 + Additions 44,000
2021
$4,645
(+0.29%)
$55,400
Land 11,400 + Additions 44,000
2019
$4,632
(+2.14%)
$55,400
Land 11,400 + Additions 44,000
2018
$4,535
(+2.5%)
$55,400
Land 11,400 + Additions 44,000
2017
$4,424
$55,400
Land 11,400 + Additions 44,000
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Mazzola Realty Group
West Monmouth
NJ 9480603

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