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    OFF-MARKET
    Commercial real estate

    201 6Th St, Plainfield, NJ 07060

    Entity Owned 1-yr Hold
    Property ID
    US59-1992383
    Property summary
    AI-generated overview

    This exceptional 21,300 square-foot development site, located at 201-211 W 6th Street in Plainfield, New Jersey (Union County, zip code 07060), presents a unique opportunity. Situated at the prominent north corner of Arlington Avenue and West 6th Street, the vacant lot is currently zoned under the TODD Redevelopment Plan. A proposed development plan envisions a mixed-use project comprising 46 independent senior living apartment units (restricted to residents 55 years and older), dedicated medical/retail space designed to function as a daycare for building residents, and a convenient 45-space parking area. The property's size and zoning make it ideal for a high-density development catering to the growing senior population. This location offers excellent visibility and accessibility, making it an attractive investment for developers seeking to capitalize on the demand for senior housing and related services in Plainfield. The site's strategic location and proposed development plan offer significant potential for a profitable and impactful project. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US59-1992383
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Church Of God Plainfield INC · 1 yrs held
    Church Of God Plainfield INC
    since 2025
    2 recorded transactions
    2025
    $1.2M
    2019
    $3.8M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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