Multifamily Apartment
For Sale
Contact for pricing
1122-1124 East 2nd Street, Plainfield, NJ 07062
For sale multifamily property suited to buyers seeking a residential income asset.
Property Size3,000 SF
Days on Market70
Property Features for 1122-1124 East 2nd Street
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Multifamily, Mixed Use
Building Details
Year Built
1920
Listing Agency:
MYC & Associates, Inc.
Listed By:
Marc Yaverbaum · License #NY
Source:
Crexi
Added: Jun 5
Changed: Aug 8
Last Checked: Aug 8 at 3:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MYC & Associates, Inc.
Investment Insights
Based on property information with market context.
This for-sale multifamily apartment building is offered as a residential income property in the Apartment buildings / multifamily category. The asset is identified as 1122–1124 East 2nd Street, and is presented with the core purpose of supporting rental housing as part of a multi-unit ownership structure.
The property is located in Plainfield, New Jersey. The listing provides the street-level address, positioning the building for buyers who want a straightforward acquisition within the Plainfield market.
Because the offering is classified as a multifamily residential income property, it may fit investors and owner-operators looking for an income-oriented acquisition with multiple rental considerations. As with any multifamily purchase, buyers typically evaluate current occupancy, the state of leases and tenant arrangements, building systems, and overall condition to understand operating requirements and set underwriting assumptions. Prospective purchasers and their representatives can also review any available financial details and property documentation tied to the 1122–1124 East 2nd Street configuration to confirm the basis for value and long-term performance expectations.
The property is located in Plainfield, New Jersey. The listing provides the street-level address, positioning the building for buyers who want a straightforward acquisition within the Plainfield market.
Because the offering is classified as a multifamily residential income property, it may fit investors and owner-operators looking for an income-oriented acquisition with multiple rental considerations. As with any multifamily purchase, buyers typically evaluate current occupancy, the state of leases and tenant arrangements, building systems, and overall condition to understand operating requirements and set underwriting assumptions. Prospective purchasers and their representatives can also review any available financial details and property documentation tied to the 1122–1124 East 2nd Street configuration to confirm the basis for value and long-term performance expectations.
Key Highlights
- Multifamily property
- Built in 1920
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Explore this area
Business Placement
Demographics for 07062, NJ
14,196
Population
4,960
Households
2.9
Avg Household Size
37
Median Age
31%
College-Educated
82%
High-School Grad
1.9 sq mi
ZIP Area
7,472
Density / Sq Mi
$92,711
Median Household Income
$40,541
Median Earnings
$1,794
Median Rent
$374,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - For sale multifamily property suited to buyers seeking a residential income asset.
Where is this apartment building located?
The property is located at 1122-1124 East 2nd Street Plainfield, NJ.
What are key features of this property?
This property features: Multifamily property; Built in 1920
