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Sold on 08/09/2023

424 Madison Ave, Plainfield, NJ 07060

  • $446,249

    Last sold 08/09/2023 for $400K

  • —

    bed

  • —

    bath

  • 1,742

    Sqft ($230/Sqft)

Multi-family not for sale
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About 424 Madison Ave

Property type Multi-family
Year built 1921
HOA fee $0/month
Lot size 5,837 Sqft
Movoto estimate
Rental estimate
Property description
Great investment opportunity in Plainfield City. Fully rented two family house located on a corner lot. Total monthly income $2,350/month. 1st Floor - 2 bedroom, 1 bath, living room, and kitchen - rented for $1,250/month. 2nd Floor - 3 bedrooms, 1 bath, living room, and kitchen - rented for $1,100/month. Access from second floor to finished attic. Parking for 8+ cars. Just four blocks away from Plainfield Train Station and downtown.
Listed by
Listing Agent - Michele Gomez
Listing Office - Keller Williams Premier
Source: Bright MLS mls logo
MLS#NJUN2000260 • last updated 10 months ago
Movoto checked Bright MLS for data 7 minutes ago
Overview
Cooling/AC None, None
Heating Natural Gas
Levels/Style Colonial
Type Multi-Family
SubType Duplex
Status Closed
SqFt 1742
Lot Size (SqFt) 5837
Lot Size (Acres) 0.13
Tax: Assessed Value 65500
Annual Property Tax 5540
Year Built 1921
Municipality PLAINFIELD CITY
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Full
Accessibility Features None
Exterior
Construction Other
Foundation Other
Parking Desc Driveway
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Water Source Public
School District PLAINFIELD PUBLIC SCHOOLS DISTRICT
Directions W 4th Street To Madison Avenue
Zoning MU
Multifamily Details
# 2-Bedroom Units 2
$446K
Range: $401K-$490K
Last 30 days 
Rental est.: $2,126/month
Gross rent multiplier: 15.7
  • Aug 2023
    mls logo MLS # NJUN2000260
  • Aug 9, 2023 Sold
    $400,000 (+6.7%)
  • Jul 27, 2023 Pending
    —
  • Jul 27, 2023 Listed
    $375,000
  • Apr 2023
    mls logo MLS # NJUN2000108
  • Apr 14, 2023 Listed
    —
  • Mar 17, 2023 Active
    —
  • Jan 26, 2023 Listed
    —
  • Jan 4, 2023 Pending
    —
  • Aug 22, 2022 Listed
    —
  • May 11, 2022 Active
    —
  • Apr 1, 2022 Listed
    $375,000
  • Apr 2022
    mls logo MLS # 3774393
  • Apr 8, 2022 Listed
    $375,000
  • 424 Madison Ave
    $400K
  • —
  • 07060
    $445K +4% y/y
  • Plainfield
    $525K +5% y/y
No chart available
Statistics calculated by Movoto

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4/10
Hubbard Middle School
public Grades 6-8
Plainfield Public School District
1/10
Plainfield High School
public Grades 9-12
Plainfield Public School District
Source: GreatSchools.org © 2026. All rights reserved.

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Information Deemed Reliable But Not Guaranteed
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Movoto participates, and is provided by BRIGHT through a licensing agreement.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 7/30/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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