$534,999

725 New Market Ave South Plainfield Boro, NJ 07080

$6,353
Closing credit¹
4 beds
2 full
0.1 acres
Multi-Family

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

Home typeMulti Family
HeatingNatural Gas
StatusActive
CoolingCeiling Fan(s)
BasementYes
Lot size0.11 Acres
Year built
ParkingBlacktop, Detached Garage
MLS #3944445
Garage1 space

Summary

  • MLS Number: 3944445
  • Office Name: SIGNATURE REALTY NJ
  • Office Phone: (732) 956-6899

Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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view of front of property

$534,999

725 New Market Ave

$6,353

closing credit¹

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0.5% sale price²

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.

All data from GreatSchools

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.

How much money do the neighbors make?

18%
<35k
37%
35k-100k
42%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

30%
Single, No Kids
10%
Single, with Kids
31%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
45%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • TennisTennis
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Chico'sChico's
  • IKEAIKEA
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • QdobaQdoba

What do the neighbors drive?

  • VolvoVolvo
  • JeepJeep
  • InfinitiInfiniti

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
  • Active RockActive Rock
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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