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Four-Unit Multifamily Property
New
For Sale
$1,100,000

1203 S 2Nd St, Plainfield, NJ 07063

Fully occupied residential income property with individually metered utilities.

Property SizeContact for details
Days on Market3

Property Features for 1203 S 2Nd St

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 4

Building Details

Year Built 1921
Listing Agency: Signature Realty Nj
Listed By: The Luxe Service Group at CB Realty
Source: Luxeservicegroup
Added: Sep 9 Changed: Sep 10 Last Checked: Sep 10 at 5:40AM

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 Signature Realty Nj

Investment Insights

Based on property information with market context.

This four-unit multifamily property was built in 1921 and is fully occupied. Separate utilities serve each unit, providing distinct utility arrangements across the building.

Located at 1203 S 2nd St in Plainfield City, New Jersey, the property offers an established residential income configuration with four units in one building.

Key Highlights

  • Four‑unit multifamily property at 1203 S 2nd St, Plainfield City, NJ 07063
  • Fully occupied
  • Separate utilities for each unit

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby

Demographics for 07063, NJ

14,745
Population
4,119
Households
3.6
Avg Household Size
33
Median Age
21%
College-Educated
75%
High-School Grad
1.8 sq mi
ZIP Area
8,192
Density / Sq Mi
$89,840
Median Household Income
$35,303
Median Earnings
$1,742
Median Rent
$363,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied residential income property with individually metered utilities.
Where is this quadplex located?
The property is located at 1203 S 2Nd St Plainfield, NJ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Four‑unit multifamily property at 1203 S 2nd St, Plainfield City, NJ 07063; Fully occupied; Separate utilities for each unit
More about this property
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