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    242 Plainfield Ave Edison, NJ 08817

    For Sale
    $149,999

    Retail - Edison, NJ

    Type:Retail
    Days on Market:
    59
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 242 Plainfield Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    GB
    APN
    0500160030004001

    Building Details

    Architectural style
    Other

    Realty World America Agency, Inc. (732) 985-7894 [email protected]

    Listing agent LOUIS TRENTA (800) 541-1999

    Listing date Oct 8, 2025

    MLS# 2602867R Listing URL

    Copyright © 2025 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Edison, NJ

    This retail space, located in Edison, NJ, is currently operating 6 days a week, from Tuesday to Sunday. The property is zoned GB. The current tenant is Chase Bank. The lease extends until November 2029. The monthly rent is $3,600, which includes a $550 common area maintenance fee. Additional monthly expenses include $413 for insurance, $800 for gas and electric, and $277 for phone and internet services. The security deposit held by the landlord is $9,150. The property is located at 244 Plainfield Avenue, Edison, NJ 08817.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Zia Lisa Pizzeria ... Italian Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edison
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4029281
    Latitude
    40.5130378

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    FAQs

    What type of property is this?
    Retail space - Retail space for sale in Edison, NJ with existing lease.
    Where is this retail space located?
    The property is located at 242 Plainfield Ave Edison, NJ.
    What is the asking price?
    The asking price for this property is $149,999.
    What are key features of this property?
    This property features: - Established business generating $4,500 weekly revenue.; - Lease extends to November 2029.; - Open 6 days a week (Tuesday to Sunday).
    (800) 541-1999
    Request Owner's contact information
    242 Plainfield Ave Edison, NJ 08817
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    Edison, NJ 08817
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    242 Plainfield Ave Edison, NJ 08817
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