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$2,300,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 20 Total Beds
  • Updated 1 day ago
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Located directly across from Plainfield Station, this 10-unit mixed-use investment property offers strong in-place cash flow and long-term upside in one of Plainfield?s key transit-oriented redevelopment areas. The property consists of 7 large 3-bedroom, 1-bath apartments and 3 commercial units, providing diversified income and strong rental appeal. With excellent visibility, immediate NJ Transit access and ongoing public and private investment throughout the downtown North Avenue corridor, this property presents a compelling opportunity for investors seeking both current income and future growth.

Full Property Details for 197 North Ave

General

  • Price: $2,300,000
  • Taxes: $21,383 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4057747
  • Updated: 10/8/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 40

Rooms

Bathrooms

  • Total Bathrooms: 10
  • Full Bathrooms: 7
  • Half Bathrooms: 3

Bedrooms

  • Total Bedrooms: 20

Location

  • County: Union
  • Driving Directions: Watchung ave to north ave

Heating & Cooling

  • Cooling Type: No Cooling
  • Heating Type: 4+ Units, See Remarks
  • Heating Fuel: Natural Gas
  • Water Heater: See Remarks

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, See Remarks

Structural Information

  • Architectural Style: See Remarks
  • Exterior Const.: Brick, Cinder Block
  • Basement: Yes
  • Basement Desc.: Bilco-Style Door, Unfinished
  • Roof: Rubberized, See Remarks
  • Square Feet: 9,120
  • Year Built: 1894

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Kitchen
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Unit Description: Bedrooms, Kitchen
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 4

  • Unit Description: Bedrooms, Kitchen
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Dimensions: 57 x 80 IRR
  • Driveway/Sidewalk: None, On-Street Parking

Financial Considerations

  • Operating Expenses: $72,807
  • Assessment Amount: $466,100
  • Land Assmt: $38,300
  • Tax Amount: $21,383
  • Tax Year: 2025

Disclosures and Reports

  • Block: 313
  • Lot Number: 9

Listed by Re/Max Central

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Listing agent

— 197 North Ave —

  • Re/Max Central

732-972-1000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 197 North Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/08/2026
Listed
$2,300,000
87.76%
MLS
6/03/2019
Sold
$1,225,000
—
Public Record
Get Price Alerts and Save Property
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 for 197 North Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,383
—
$504,400
121%
2025
$21,383
5%
$228,600
—
2023
$20,307
2%
$228,600
—
2022
$19,900
1%
$228,600
—
2022
$19,762
2%
$228,600
—
2021
$19,398
-1%
$228,600
—
2019
$19,566
5%
$228,600
—
2018
$18,713
—
$228,600
—
2017
$18,695
2%
$228,600
—
2016
$18,274
5%
$228,600
—
2015
$17,355
5%
$228,600
—
2013
$16,491
—
$228,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Re/Max Central

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197 North Ave, Plainfield, NJ 07060 (MLS# 4057747) is a Multi-Family property with 4 units containing 20 bedrooms, 7 full bathrooms and 3 partial bathrooms. 197 North Ave is currently listed for $2,300,000 and was received on October 08, 2026. Want to learn more about 197 North Ave? Do you have questions about finding other Multi-Family real estate for sale in Plainfield? You can browse all Plainfield real estate or contact a Coldwell Banker agent to request more information.

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