Two-Story Duplex with
New
For Sale
$794,350
64 Norwood Ave, Plainfield, NJ 07060
Multi-Family, 2-Two Story, Plainfield City, NJ
Property Size2,096 SF
Lot Size0.33 Acres
Price / SF$378.98
Days on Market5
Property Features for 64 Norwood Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 2, Basement, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 4
Parking
10
Patio and Porch features
Patio
Interior features
Carbon Monoxide Detector, Smoke Detector
Exterior features
Patio
Elementary school
Barlow
Middle school
Maxson
High school
Plainfield
Directions
E Front St to Norwood Ave
Standard status
Active
Size
2,096 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11157
Utilities
Sewer type
Public Sewer
Heating system
Other (Heating), Hot Water(Heating)
Water source
Public
Building Details
Year built
1931
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
BHGRE ELITE
Listed By:
CHRISTIAN COBO · License #285389
(908) 316-8530
Added: Oct 29
Changed: Nov 1
Last Checked: Nov 2 at 3:06AM
MLS# 4061795
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-story duplex in Plainfield, New Jersey, contains 2,096 square feet and was built in 1931. The recorded room list includes five bedrooms, two bathrooms, and a basement. A patio adds outdoor space, while the shingle roof and hot water heating are existing building features.
The parcel covers 0.33 acres and is zoned R-3. Public water and public sewer serve the property.
The parcel covers 0.33 acres and is zoned R-3. Public water and public sewer serve the property.
Key Highlights
- Two‑story duplex with 2,096 square feet
- 0.33‑acre parcel zoned R‑3
- Five bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,914
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$598,280
$598.3K
Cap Rate 7%
$427,343
$427.3K
Cap Rate 9%
$332,378
$332.4K
Market Conditions
NOI Build-Up for 2,096 SF
Gross rent
$45.3K $21.60/SF
− Vacancy
−$2.5K −$1.21/SF
EGI
$42.7K $20.39/SF
− OpEx
−$12.8K −$6.12/SF
NOI
$29.9K $14.27/SF
Area
Somerset County, NJ
Vacancy
5.61%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$598,280
Cap Rate 7%
$427,343
Cap Rate 9%
$332,378
Alternative Uses
Best Use
Multifamily LT 5
$427.3K
$373.9K – $498.6K
NOI $29,914 @ 7.0% cap · market cap 3.77%
Second Best
Apartment 5plus
$371.9K
$325.4K – $433.9K
NOI $26,035 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$547.3K
$478.9K – $638.5K
NOI $38,312 @ 7.0% cap · market cap 4.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
1,804
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes a patio, basement, and public water and sewer service.
Where is this duplex located?
The property is located at 64 Norwood Ave Plainfield, NJ.
What is the asking price?
The asking price for this property is $794,350.
What are key features of this property?
This property features: Two‑story duplex with 2,096 square feet; 0.33‑acre parcel zoned R‑3; Five bedrooms and two bathrooms
