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$1,595,000 -$305,000 (-16.05%) Price Reduced
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Property Description
The iconic Coriell Mansion, built in 1880 and located in the Van Wyck Brooks Historic District, is recognized as one of Plainfield's largest Gilded Age estates. This rare offering combines a historic landmark property with a fully operational, income-producing short-term rental business.Situated on an approximately 32,000-square-foot lot, the approximately 11,000-square-foot mansion generates approximately $360,000 in gross annual revenue. The sale includes both the real estate and the established short-term rental operation, providing a true turnkey investment.Architectural highlights include Colonial Revival design with Georgian influences, featuring a grand main staircase with Scamozzi Ionic capitals. The property blends historic elegance with modern functionality, offering multiple bedrooms, expansive common areas, and flexible layouts ideal for luxury stays and group accommodations.Backed by proven demand, repeat bookings, and established systems, this asset offers stabilized cash flow with upside potential. A rare opportunity to own a landmark estate delivering scale, income, and long-term value.
Full Property Details
Full Property Details for 957 Central Ave
General
- Price: $1,595,000
- Status: Active
- Type: Business
- Source: Garden_State
- MLS ID: 4008349
- Updated: 5/16/2026
- Added to Site: 101 day(s) ago
Business
- Name: JOSHWA MONEY SCHOOL
- Business Type: See Remarks
- Business Sub-Type: See Remarks
- Year Established: 2013
- Real Estate: Yes - Not Listed in MLS
Rental Information
- Lease Info: Seller Owns Building
Rooms
Bathrooms
- Restrooms: 7
Parking
- Garage Description: None
Location
- County: Union
- Driving Directions: The Coriell Mansion
Heating & Cooling
- Cooling Type: 4+ Units, Central Air Conditioning
- Heating Type: 4+ Units, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: Electric, Gas In Street, Natural Gas, Garbage Extra Charge
Structural Information
- Basement: Yes
- Basement Desc.: Full, Unfinished, Walk-Out
- Square Feet: 11,000
- Aprox. Leasable: 11,000 Sq. Ft.
Lot Features
- Frontage: City/Town Street
- Driveway/Sidewalk: 1 Car Width, Additional Parking, Off-Street Parking
Financial Considerations
- Expenses: Tax Returns
- Operating Expenses: $185,751
Disclosures and Reports
- Ownership: Corporation
- Documents Avail.: Financial Statements, Floor Plans, Tax Returns
- Disclosures: Yes
- APN: 2912-00759-0000-00013-0000-
Listed by Signature Realty Nj
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Schools
Schools serving 957 Central Ave
School District:Plainfield City School District
| Name | Grades | Distance |
|---|---|---|
Evergreen Elementary School 1033 Evergreen Avenue, Plainfield, NJ 07060 | K-5 | 0.4 mi |
Hubbard Middle School 661 West 8th Street, Plainfield, NJ 07060 | 6-8 | 0.5 mi |
Plainfield High School, Plainfield, NJ 950 Park Avenue, Plainfield, NJ 07060 | 9-12 | 0.3 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 957 Central Ave
Date
Details
Price
Change
Source
5/16/2026
Price Reduced
$1,595,000
-16.05%
MLS
2/09/2026
Listed
$1,900,000
2135.29%
MLS
5/13/2013
Sold
$85,000
—
Public Record
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 957 Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$28,379
3%
$325,000
—
2022
$27,492
1%
$325,000
—
2021
$27,251
—
$325,000
150%
2021
$27,251
151%
$130,000
—
2019
$10,869
2%
$130,000
—
2018
$10,642
3%
$130,000
—
2017
$10,382
-34%
$130,000
-35%
2016
$15,646
3%
$200,000
—
2015
$15,184
5%
$200,000
—
2013
$14,428
—
$200,000
—
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 957 Central Ave
957 Central Ave, Plainfield, NJ 07060 (MLS# 4008349) is a Business property. 957 Central Ave is currently listed for $1,595,000 and was received on February 05, 2026. Want to learn more about 957 Central Ave? Do you have questions about finding other Business real estate for sale in Plainfield? You can browse all Plainfield real estate or contact a Coldwell Banker agent to request more information.

