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

1203 S 2Nd St, Plainfield, NJ 07063

Fully occupied residential income property with individually metered utilities.

Property SizeContact for details
Days on Market50

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: Era Suburb Realty
Listed By: The Luxe Service Group at CB Realty
Source: Luxeservicegroup
Added: Sep 9 Changed: Oct 27 Last Checked: Oct 26 at 4:15PM

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 Era Suburb Realty

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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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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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

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 $1,000,000.
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
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