189 Front St, South Plainfield, NJ 07080
This exceptional mixed-use property, located at 189 Front Street in South Plainfield, New Jersey, presents a unique investment opportunity. The building, a two-story stand-alone structure, boasts a prominent corner location with convenient off-street parking. The ground floor comprises approximately 1500 square feet of versatile space, currently configured as retail space, but easily adaptable to office or showroom use. This area includes a half-bath and basement storage, and is currently leased for $2000 per month. The upper level features a spacious, approximately 1500 square foot apartment, offering three bedrooms, one bathroom, a living room, eat-in kitchen, and a formal dining room. This apartment is currently rented on a month-to-month basis for $2250.00, with a tenant in place for over five years. The property sits on a 0.071-acre lot. The asking price for this income-generating property is $595,000. This presents a compelling opportunity for investors seeking a stable, cash-flowing asset in a desirable New Jersey location. The building's flexible layout and strong rental history make it an ideal investment for both seasoned and new investors. The property's location on a busy corner ensures high visibility and accessibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.