Multifamily Portfolio with 16
For Sale
Contact for pricing
141 Crescent Ave, Plainfield, NJ 07060
Well-maintained Plainfield portfolio of three buildings offering 16 residential units with a mix of studio, one-, two-, four-, and five-bedrooms.
Property Size10,904 SF
Days on Market59
Property Features for 141 Crescent Ave
General Information
Standard status
Active
Size
10,904 SF
Class
C
Property subtype
Multifamily
Occupancy
93%
Additional Details
Business Included
Yes
Multifamily Units
16
Building Details
Year Built
1904
Buildings
3
Units
16
Tenancy
Multi
Listing Agency:
Fernwood Realty
Listed By:
Mordy Oratz · License #1429936
Source:
Crexi
Added: Jun 15
Changed: Aug 8
Last Checked: Aug 11 at 1:56PM
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 Fernwood Realty
Investment Insights
Based on property information with market context.
This for-sale portfolio includes three multifamily apartment buildings totaling 16 residential units. The unit mix consists of one five-bedroom unit, one four-bedroom unit, six two-bedroom units, six one-bedroom units, and two studio units. The buildings are described as well maintained, and many of the units have been renovated in recent years.
The portfolio is positioned in Plainfield with convenient access to shopping and dining options. Commuter access is supported by nearby Plainfield and Dunellen Train Stations, which offer direct access to Newark, Hoboken, and New York City. The properties are also located near Green Brook Park, providing residents nearby open green space, walking paths, and recreational amenities. Regional connectivity is supported by Interstate 287 to the west, U.S. Route 22 to the north, and Route 28 running through the city.
For buyers and operators seeking a compact multifamily portfolio, this offering provides a mix of unit sizes across studios through five-bedroom layouts within three well-maintained buildings. The presence of recent renovations in many units may be appealing for tenants who value updated interiors while supporting a straightforward, portfolio-based approach to ownership in Plainfield.
The portfolio is positioned in Plainfield with convenient access to shopping and dining options. Commuter access is supported by nearby Plainfield and Dunellen Train Stations, which offer direct access to Newark, Hoboken, and New York City. The properties are also located near Green Brook Park, providing residents nearby open green space, walking paths, and recreational amenities. Regional connectivity is supported by Interstate 287 to the west, U.S. Route 22 to the north, and Route 28 running through the city.
For buyers and operators seeking a compact multifamily portfolio, this offering provides a mix of unit sizes across studios through five-bedroom layouts within three well-maintained buildings. The presence of recent renovations in many units may be appealing for tenants who value updated interiors while supporting a straightforward, portfolio-based approach to ownership in Plainfield.
Key Highlights
- Portfolio of three multifamily buildings with 16 total residential units
- Unit mix: two studio units, six 1‑bedroom units, six 2‑bedroom units, one 4‑bedroom unit, and one 5‑bedroom unit
- Many units have been renovated in recent years; buildings are described as well maintained
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,973
Businesses Nearby
Explore this area
Business Placement
Demographics for 07060, NJ
48,423
Population
16,154
Households
3
Avg Household Size
35
Median Age
22%
College-Educated
74%
High-School Grad
5.0 sq mi
ZIP Area
9,685
Density / Sq Mi
$72,882
Median Household Income
$32,867
Median Earnings
$1,629
Median Rent
$369,400
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 - Well-maintained Plainfield portfolio of three buildings offering 16 residential units with a mix of studio, one-, two-, four-, and five-bedrooms.
Where is this apartment building located?
The property is located at 141 Crescent Ave Plainfield, NJ.
What are key features of this property?
This property features: Portfolio of three multifamily buildings with 16 total residential units; Unit mix: two studio units, six 1‑bedroom units, six 2‑bedroom units, one 4‑bedroom unit, and one 5‑bedroom unit; Many units have been renovated in recent years; buildings are described as well maintained
