725 New Market Ave
South Plainfield Boro, NJ 07080-2740
- 4 beds
- 2 baths
- – sqft
- 4,792 sqft lot
- – on site
Discover an outstanding investment opportunity with this charming two-family residence, ideally situated in the vibrant heart of South Plainfield. 725 New Market Avenue is a meticulously, well-maintained 2-unit home that features two spacious units that are currently rented, with each offering 2 bedrooms and 1 bathroom, providing immediate rental income. Each unit showcases bright, inviting living spaces, well-appointed kitchens, and comfortable bedrooms, ensuring an excellent living experience for tenants. The home sits on a generous L-shaped lot, offering ample potential to enhance its value by adding a garage and driveway with access from the side street. This 2-unit home also boasts 2 newer Navien tankless water heaters providing instant hot water to each apartment. Perfectly positioned near top-rated schools, shopping centers, and within a 1-minute walk away from a beautiful dog park, this property combines convenience with a strong community atmosphere. Whether you're an investor seeking a high-yield rental property or a homeowner looking to live in one unit while renting out the other, this versatile home is an excellent choice.725 New Market Ave is also a unique property nestled on one of the largest lots that a multi family home can offer with potential of increasing its square footage in the future and with lots of opportunities to also increase its value and income. Don't miss out on this incredible opportunity schedule your showing today!
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Last updated Feb 9, 2025
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MLS# 3944445 —
This property is listed in more than one place. See it here.
The Building
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Construction Date/Year Built:Renovated
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Renovated Year:2018
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Unit Style:2-Two Story
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Roof Description:Asphalt Shingle
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Exterior Description:Vinyl Siding
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Basement:Yes
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Total # of Units:2
Interior
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Interior Features:Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
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Total # of Rooms:10
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Basement Description:Full
Financial & Terms
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Possession:04/04/2025
Location
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Directions:Hamilton Blvd to New Market Ave
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Latitude:40.57792
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Longitude:-74.42115
The Property
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Approx Lot Size:46 Sqft
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Lot Description:Irregular Lot
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Total Acres:0 Sqft
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Lot Identifier:26
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Easements:No
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Assessment Land:24700
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Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Agent phone:
- 302616
- Office phone:
- (973) 921-1111
Taxes
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Tax ID For Property:2122-00315-0000-00026-0000-
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Tax Year:2024
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Tax Year:*
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Tax Rate:*
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Tax Rate Year:2024
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Tax Rate Amount:6.982
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Tax Amount:$7,889
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Tax Amount:$*
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Lot ID Tax:*
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Lot Size Tax:*
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Acres Tax:$*
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Block ID Tax:*
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City Tax:$*
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County Tax:$*
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Zip Code Tax:*
Beds
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# of Bedrooms:4
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Unit 1 Bedrooms:2
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Unit 2 Bedrooms:2
Baths
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Total # of Baths:2.00
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Total # of Full Baths:2
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Unit 1 Baths:1.0
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Unit 2 Baths:1.0
Heating & Cooling
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Cooling:Ceiling Fan, Window A/C(s)
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Heating:Baseboard - Hotwater
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Water Heater:Gas
Utilities
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Utilities:Gas-Natural
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Water:Public Water
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Fuel Type:Gas-Natural
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Sewer:Public Sewer
The Community
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Assessment Total:113000
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Assessment Total Tax:*
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Assessment Bldg:88300
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Assess Amount Building Tax:*
Parking
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# of Garage Spaces:1
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Garage Description:Detached Garage
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# of Parking Spaces:4
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Parking/Driveway Description:Blacktop
Extra Units
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Unit 1 Levels:1
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Unit 2 Levels:1
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Unit 1 Rooms:5
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Unit 2 Rooms:5
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Unit 1 Handicap Modified:No
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Unit 2 Handicap Modified:No
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Unit 1 Room Description:Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
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Unit 2 Room Description:Attic, Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
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Unit 1 Appliances/Equipment:Ceiling Fan(s), Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
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Unit 2 Appliances/Equipment:Ceiling Fan(s), Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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2/6/25
Feb 6, 2025
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Listed / Active | GSMLS | $549,999 | |
2/4/25
Feb 4, 2025
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Coming Soon | GSMLS | $549,999 | 48.7% (8.3% / YR) |
2/2/22
Feb 2, 2022
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Price Changed | GSMLS |