#2561070M, Listing Office: EXP REALTY, LLC
427 John St Plainfield, NJ 07060
Property details
About 427 John St
*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**
Highlights
(Under Contract)
Virtual tour
Summary
- Full Bathrooms: 3
- Appliances: Water Heater
- Interior: Unit 1(1 Bath,2 Bedrooms,Kitchen,Living Room), Unit 2(1 Bath,3 Bedrooms,Living Room), Unit 3(1 Bedroom,Kitchen)
- Total Bedroom Count: 6
- Heating: Baseboard
- Cooling: Other
- List Price: $624,999
- Price/SqFt: $386
- Annual Tax Amount: $4,789
- Tax Year: 2024
- Lot: Interior Lot
- Year Built: 1931
- Stories: 3
- Living Area: 1,616 SqFt
- Lot Size: 0.0657 Acres
- MLS Number: 2561071M
- MLS Name: CJMLS API
- Office Name: EXP REALTY, LLC
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Last updated on: 4/29/2025, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$624,999
427 John St
$7,422
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 30, 2020 | Home Sold | $200,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $55,400 | $4,789 |
2022 | $55,400 | $4,686 |
2021 | $55,400 | $4,645 |
2020 | $55,400 | $4,631 |
2019 | $55,400 | $4,535 |
History based on county public records data.
Nearby schools
4
Cresthaven Academy Charter School
Public Charter KG-4
0.2 mi
•530 W 7th St
3
Washington Community School
Public District PK-5
0.2 mi
•427 Darrow Ave
1
Charles H. Stillman Elementary School
Public District KG-5
0.5 mi
•201 W 4th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,336. The majority of Plainfield, NJ residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 427 John St in Plainfield, NJ and zip code 07060. This 1,616 square foot home, which was built in 1931, sits on a 0.07 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $624,999.
Plainfield, NJ housing market in March 2025 saw over 9 listings sold above listed price, more than 3 sold at listed price and over 4 sold below. The inventory of homes for sale in Plainfield, NJ between February and March 2025 increased by 20.4%. Listings spent 147 days on the market in March 2025, and had a median list price of $490,000 during the same period.