Assisted Living Facility with Safety
New
For Sale
$1,200,000
600 Central Avenue, Plainfield, NJ 07060
Commercial Sale, Plainfield, NJ
Property Size4,588 SF
Lot Size0.34 Acres
Price / SF$261.55
Days on Market2
Property Features for 600 Central Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-4
Parking
4
Parking features
On Street
Lot features
Level
Directions
GPS TO 602 Central Ave Plainfield NJ 07060
Standard status
Active
APN
1200709000000002
Size
4,588 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
15621
Utilities
Heating system
Steam, Other (Heating)
Cooling system
Window Unit(s), Central Air
Water source
Public
Amenities
comprehensive alarm system
interior and exterior video surveillance
fire extinguishers
smoke and carbon monoxide detectors
Building Details
Year built
1900
Floors in Building
3
Flooring type
Wood, Laminate, Tile
Roof type
Asphalt
Listing Agency:
KELLER WILLIAMS ELITE REALTORS · Keller Williams Realty
(732) 549-1998
Listed By:
Sonnia Mayorga
(732) 208-3890
Added: Oct 13
Last Checked: Oct 14 at 6:06PM
MLS# 2706167R
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Operating as a residential health care facility, the property includes the real estate, business, and license. Its 4,588-square-foot layout has 12 bedrooms and five bathrooms across three floors. The first floor contains two bedrooms, two bathrooms, a kitchen, living room, and dining room; the second has six bedrooms and two bathrooms; the third has four bedrooms and one bathroom. Safety features include an alarm system, interior and exterior video surveillance, sprinklers, fire extinguishers, and smoke and carbon monoxide detectors, extending through the basement. The building also has wood, laminate, and tile flooring, with central air and window-unit cooling.
The 0.3412-acre property is zoned R-4 and is minutes from Route 22, with access to Routes 287, 78, and 22. Shops, dining, and everyday services are nearby. A new roof was installed two years ago, and the boiler is one year old.
The 0.3412-acre property is zoned R-4 and is minutes from Route 22, with access to Routes 287, 78, and 22. Shops, dining, and everyday services are nearby. A new roof was installed two years ago, and the boiler is one year old.
Key Highlights
- Operating residential health care facility; sale includes the real estate, business, and license
- 4,588 square feet on a 0.3412‑acre lot; zoned R‑4
- 12 bedrooms and five bathrooms across three floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,988
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,139,760
$1.1M
Cap Rate 7%
$814,114
$814.1K
Cap Rate 9%
$633,200
$633.2K
Market Conditions
NOI Build-Up for 4,588 SF
Gross rent
$110.1K $24.00/SF
− Vacancy
−$6.5K −$1.42/SF
EGI
$103.6K $22.58/SF
− OpEx
−$46.6K −$10.16/SF
NOI
$57.0K $12.42/SF
Area
Somerset County, NJ
Vacancy
5.90%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,139,760
Cap Rate 7%
$814,114
Cap Rate 9%
$633,200
Alternative Uses
Best Use
Apartment 5plus
$814.1K
$712.4K – $949.8K
NOI $56,988 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,861 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,936
Businesses Nearby
Under-served
Demand for This Use
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
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Similar Off Market Nearby
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- Advocate Group Care — 602 Central Ave, Plainfield, NJ 07060
Frequently Asked Questions
What type of property is this?
Assisted living facility - The sale includes the real estate, operating business, and license for a residential health care facility.
Where is this assisted living facility located?
The property is located at 600 Central Avenue Plainfield, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Operating residential health care facility; sale includes the real estate, business, and license; 4,588 square feet on a 0.3412‑acre lot; zoned R‑4; 12 bedrooms and five bathrooms across three floors
