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$4,700,000
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Property Description
Exceptional mixed use investment redevelopment opportunity in the vibrant downtown district of Plainfield. Located at 12-18 Washington Ave Plainfield, NJ 07060 (Lots 9,16,17, & 18.) This property sits in a prime urban-suburban mixed use corridor with strong visibility and convenient access to local amenities and transportation. The property currently features multiple income-generating components, including an operating daycare, a warehouse space with a loading dock, a printing shop, a juice bar, and two apartments. The residential units consist of one spacious 2 bedroom two bath apartment and a 1 bedroom 1 bath apartment, offering rental income potential.A dedicated parking lot entrance from Washington Ave provides approximately six off-street parking spaces, adding valuable convenience for tenants and visitors. With its large combined lot size and prime downtown location, this property presents an outstanding opportunity investors, developers, or owner-users. The site is well suited for future redevelopment into a modern mixed use residential and commercial building, capitalizing on the continued growth and revitalization of the Plainfield downtown area. A rare chance to acquire a versatile property with existing income streams and significant long-term development potential.
Full Property Details
Full Property Details for 12-18 Washington Ave
General
- Price: $4,700,000
- Taxes: $10,757 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4015498
- Updated: 6/2/2026
- Added to Site: 164 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 7
- Restrooms: 7
Additional Information
- Equipment: Burglar Alarm, Fire Alarm, Sprinkler System
Parking
- Garage Spaces: 6
- Parking: Blacktop, See Remarks
Location
- County: Union
- Driving Directions: Between Grove St & Washington Ave. Take Myrtle to Washington Ave.
- Location Details: See Remarks
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Cable TV Available, Prewired for Internet
Structural Information
- Construction: Formed Concrete
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Flat
- Ceiling Height: 10
- Door Dimensions: 10
- # Loading Docks: 1
- Loading: Truck Docks
- Stories in Building: 3
- Aprox. Leasable: 43,560 Sq. Ft.
- Office: 10,000 Sq. Ft.
- Year Built: 1930
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 1.03
- Lot Size: 109X104 IRR
- Zoning: Mixed use
- Lot Description: Irregular Lot, Possible Subdivision
Financial Considerations
- Price Per Sq. Ft.: $126
- Assessment Amount: $115,000
- Land Assmt: $57,800
- Tax Amount: $10,757
- Tax Year: 2025
- Pays Utilities: Other
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Financial Statement, Income & Expenses, Pro Forma, Survey Available
- Disclosures: Yes
- APN: 2912-00241-0000-00016-0000-
- Block: 241
- Lot Number: 9, 16.17, 18
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 12-18 Washington Ave
School District:Plainfield City School District
| Name | Grades | Distance |
|---|---|---|
Charles H. Stillman Elementary School 201 W Fourth St, Plainfield, NJ 07062 | K-5 | 0.4 mi |
Hubbard Middle School 661 West 8th Street, Plainfield, NJ 07060 | 6-8 | 0.7 mi |
Plainfield High School, Plainfield, NJ 950 Park Avenue, Plainfield, NJ 07060 | 9-12 | 0.9 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 12-18 Washington Ave
Date
Details
Price
Change
Source
6/02/2026
Price Reduced
$4,700,000
-14.55%
MLS
3/19/2026
Listed
$5,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12-18 Washington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,266
4%
$270,000
—
2024
$11,767
7%
$270,000
—
2022
$11,019
1%
$270,000
—
2021
$10,878
8%
$270,000
—
2018
$10,063
-1%
$270,000
—
2017
$10,192
5%
$270,000
—
2016
$9,690
-6%
$270,000
—
2019
$10,282
11%
$270,000
—
2015
$9,280
-7%
$270,000
—
2013
$9,946
—
$270,000
—
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 12-18 Washington Ave
12-18 Washington Ave, Plainfield, NJ 07060 (MLS# 4015498) is a Commercial property. 12-18 Washington Ave is currently listed for $4,700,000 and was received on March 19, 2026. This property is listed by Alina Santana from our Fort Lee Office.Want to learn more about 12-18 Washington Ave? Do you have questions about finding other Commercial real estate for sale in Plainfield? You can browse all Plainfield real estate or contact a Coldwell Banker agent to request more information.



