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Three-Property Multifamily Portfolio

256 Grove Street North Plainfield, NJ 07060

256 Grove Street, North Plainfield, NJ, 07060
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For Sale
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Well-maintained portfolio with 11 units across three properties, including two four-family buildings near each other.

Days on Market23

Property Features for 256 Grove Street

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1925
Listing agency The Kislak Company Inc Woodbridge
Listed by Max Levinston · License #NJ 1970604
Source Crexi
Added: Jun 29 Updated: Jul 10 at 2:11PM Checked: Jul 20 at 4:37AM

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 The Kislak Company Inc Woodbridge


Investment Insights

Based on property information with market context.

This multifamily portfolio consists of three separate properties totaling 11 units. It includes two four-family properties in North Plainfield, and the remaining property rounds out the total unit count. The buildings are described as well maintained, with various capital improvements completed over the last several years.

The two four-family assets are located approximately 0.5 miles apart in North Plainfield, which can offer operational convenience for ownership and management. The portfolio is presented as a bundled offering, bringing multiple income-producing structures into a single transaction.

For buyers seeking a small, multi-asset residential income portfolio, these properties provide a straightforward scale of 11 units across three buildings. The documented maintenance and recent capital improvements may appeal to investors and owner-operators looking to manage a set of assets that has already received attention. The layout as a clustered four-family pairing, supported by a third property within the portfolio, may be useful for those who want portfolio-level oversight while keeping day-to-day responsibilities manageable.

Key Highlights

  • Multifamily portfolio of 3 properties totaling 11 units
  • Includes two four‑family buildings in North Plainfield located about 0.5 miles apart
  • Year built: 1925

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Skin Care Clinic Locksmith HVAC Service Hotel & Motel (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store Pet Store Fish Market

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

FAQs

What type of property is this?
Quadplex - Well-maintained portfolio with 11 units across three properties, including two four-family buildings near each other.
Where is this quadplex located?
The property is located at 256 Grove Street North Plainfield, NJ.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Multifamily portfolio of 3 properties totaling 11 units; Includes two four‑family buildings in North Plainfield located about 0.5 miles apart; Year built: 1925
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