Date
Details
Price
Change
Source
4/02/2026
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Mixed-use Gem! Exceptional opportunity to live in either the Penthouse apartment, or one of the 2nd floor apartments, while enjoying rental income from 2 apartments and 2 ground-floor commercial units! This well-maintained mixed-use building in prime Westfield location offers strong income potential with both residential and commercial tenants. All leases are up for renewal except one commercial unit which lease ends Feb 2028. The building features two commercial units, two residential units with each 2 bedrm. 1.1 bathr., balcony and in-unit washer & dryer, and a 3-bedroom Penthouse apartment with 2 full bathr. open floorplan, gas fireplace, screened in balcony/porch, grand primary suite and in-unit washer & dryer. All are currently rented well below market value. Total Net Operating Income (NOI) of $186,661 annually, resulting in a 7.47% Cap Rate. (See included financial docs for more details). Units include premium features such as hardwood floors, modern open floor plans, Gym in building, Central AC, Laundry in-unit, handicap accessibility, elevator, dedicated parking. Bus to NYC stops in front of building. Walking distance to schools, NJ Transit & shops. Close to Westfield downtown and the downtown areas of Fanwood and Scotch Plains. Please note that indicated taxes for land assesment and total assesmenton in this listing are for the 3rd floor Penthouse apartment only. For complete info on all units combined see media for additional docs regarding financials & info.
Full Property Details
Full Property Details for 1030 South Ave
General
- Price: $2,500,000
- Taxes: $11,088 (2025)
- Status: Active
- Type: Condo
- Source: Garden_State
- MLS ID: 4018240
- Updated: Today (4/2/2026)
- Added to Site: Today
Interior
- Number of Rooms: 26
- Number of Fireplaces: 1
- Fireplace(s): Gas Fireplace
- Appliances: Carbon Monoxide Detector, Dishwasher, Generator-Built-In, Instant Hot Water, Kitchen Exhaust Fan, Microwave, Gas Range and Oven, Refrigerator, Stackable Washer/Dryer, Sump Pump
Rooms
Bathrooms
- Total Bathrooms: 9
- Full Bathrooms: 4
- Half Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Kitchen: Center Island, Eat-In Kitchen, See Remarks
Exterior
- Exterior Features: Curbs, Sidewalk, Storage Shed, Storm Door(s), Thermal Windows/Doors, Underground Lawn Sprinkler
- Color: blue
Parking
- Uncovered Spaces: 10
Location
- County: Union
- Subdivision: Olympus Court LLC
- Driving Directions: Crossway place to South Ave West, across from Palsted Ave.
Community
- Community Living: Yes
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric Baseboard, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Electric, Natural Gas
Structural Information
- Architectural Style: Multi Floor Unit, See Remarks, Multi Floor Unit
- Basement: Yes
- Basement Desc.: Finished, Finished-Partially
- Roof: Asphalt Shingles
- Square Feet: 9,122
- Additional Use: Business/Commercial, Home-Office, Multi-Family
- Year Built: 2002
Lot Features
- Lot Size (Acres): 0.23
- Lot Size: 50 x 200
- Driveway/Sidewalk: Assigned, Blacktop, Parking Lot-Exclusive
- Zoning: GB-3
- Lot Description: Level Lot
Financial Considerations
- Assoc Fee Freq.: Annually
- Assessment Amount: $483,800
- Land Assmt: $220,000
- Tax Amount: $11,088
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- APN: 2920-02606-0000-00008-0000-C0005
- Block: 2606
- Lot Number: 8
Listed by Elite Realtors Of New Jersey
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Listing agent
— 1030 South Ave —
Elite Realtors Of New Jersey
973-796-6156
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1030 South Ave
School District:Plainfield City School District
| Name | Grades | Distance |
|---|---|---|
Maxson Middle School 920 East 7th Street, Plainfield, NJ 07062 | 6-8 | 0.2 mi |
Plainfield High School, Plainfield, NJ 950 Park Avenue, Plainfield, NJ 07060 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1030 South Ave
Tax History
Tax History for 1030 South Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,625
2%
$383,000
—
2023
$8,449
2%
$383,000
—
2022
$8,273
—
$383,000
—
2022
$8,269
—
$383,000
—
2021
$8,284
—
$383,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1030 South Ave
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1030 South Ave, Plainfield, NJ 07090 (MLS# 4018240) is a Condo property with 7 bedrooms, 4 full bathrooms and 5 partial bathrooms. 1030 South Ave is currently listed for $2,500,000 and was received on April 02, 2026. Want to learn more about 1030 South Ave? Do you have questions about finding other Condo real estate for sale in Plainfield? You can browse all Plainfield real estate or contact a Coldwell Banker agent to request more information.