725 New Market Ave South Plainfield Boro, NJ 07080
Property details
About 725 New Market Ave
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!
Highlights
Summary
- MLS Number: 3944445
- Office Name: SIGNATURE REALTY NJ
- Office Phone: (732) 956-6899
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Last updated on: 3/15/2025, 1:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$534,999
725 New Market Ave
$6,353
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Roosevelt Elementary School
Public District PK-4
0.5 mi
•135 Jackson Ave
5
Franklin Elementary School
Public District PK-4
1.2 mi
•1000 Franklin Ave
3
John F Kennedy Elementary School
Public District PK-4
1.3 mi
•2900 Norwood Ave
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 $91,346. The most common annual income of people living in South Plainfield Boro, NJ is between $100k-200k. Most families are married, no kids. Residents of this area typically have high school diploma education.
This home is located at 725 New Market Ave in South Plainfield Boro, NJ and zip code 07080. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $534,999.
In February 2025 more than 13 listings in South Plainfield Boro, NJ were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below. In February 2025 in South Plainfield Boro, NJ there were 12.1% less homes for sale than in January. While the average time on the market in February 2025 was 34 days, the median list price was $526,000.