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Property profile & analytics
FOR SALE
Assisted living facilities

518 Central Ave Plainfield, NJ 07060

Built 1900
Property ID
US59-0808887
Property summary
AI-generated overview

Currently operating as a residential health care facility, this property offers a rare, turnkey opportunity with established income potential. Fully equipped with safety and security systems throughout all levels including the basement, features include a comprehensive alarm system, interior and exterior video surveillance, sprinkler system, fire extinguishers, and smoke and carbon monoxide detectors- providing peace of mind and immediate readiness for continued care use or adaptable living. First floor 2 bedrooms,1 bath, 1 staff room, living room, dinning room, kitchen. Second floor: 6 beds, 2 baths. Third floor: 6 beds, 1 bath.Ideally situated just minutes from Route 22. Enjoy close proximity to local shops, dining, and everyday conveniences, all while being well-connected to major roadways with easy access to Routes 287, 78, 22. Property is being strictly sold as-is. The seller will not make any repairs or offer any credit. bikeScore: 29, Somewhat Bikeable walkScore: 38, Car-Dependent transitScore: 33, Some Transit

Property profile
Verified
Property type Assisted living facilities
Year built 1900
UPID US59-0808887
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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