Property profile

518 Central Ave Plainfield, NJ 07060

FOR SALE
Assisted living facilities
Property ID
US59-0808887
Built 1900
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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

Location

518 Central Ave Plainfield, NJ 07060
Plainfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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