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Sold for $775,000
  • $775,000

    201 Merchants Ave, South Plainfield, NJ 07080

    6beds
    2baths
    --sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $921,100 Zestimate®
    $--/sqft
    $2,836 Estimated rent

    Home value

    $921,100

    $820,000 - $1.06M

    $2,836/mo

    Zestimate® history
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    Owner options

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    $2,836/mo

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    $2,836/mo

    Rent Zestimate®

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    $5,359/mo

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    $5,359/mo

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    What's special

    Welcome to this fantastic 2-family home on a spacious corner lot in the heart of South Plainfield! Whether you're an investor seeking high cash flow or a homeowner looking to live in one unit while renting the other, this property offers incredible flexibility. Each unit has its own private entrance, and the home also features a fully finished basement with a separate entrance, providing additional living space or rental potential. Enjoy the convenience of two garages, a large driveway, and a spacious backyard, perfect for outdoor gatherings or extra parking. The solar panels help keep energy costs low, and the home is situated in a peaceful, well-kept community with great curb appeal. Conveniently located near shopping, dining, and major highways for easy commuting, this is a rare opportunity you don't want to missschedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    EXP REALTY, LLC 866-201-6210

    Source: All Jersey MLS,MLS#: 2511009RMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Radiators-Steam
    Cooling
    • See Remarks, Unit 1(A/C Unit)
    Appliances
    • Included: Water Heater(Gas), Water Heater
    Features
    • Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room, See Remarks), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room)
    • Basement: Full, Laundry Facilities
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, See Remarks, 1-2 Car Parking
    • Garage spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Patio, Enclosed
    • Exterior features: Patio, Porch(es) - Enclosed
    Lot
    • Features: Irregular Lot
    Details
    • Parcel number: 22001770000000010000
    • Zoning: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1960

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Location
    • Region: South Plainfield

    Financial & listing details

    • Tax assessed value: $178,600
    • Annual tax amount: $12,470
    • Date on market: 4/3/2025
    • Ownership: Fee Simple
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/8/2025Sold$775,000+6.9%
    Source: All Jersey MLS #2511009R Report a problem
    4/4/2025Listed for sale$725,000+99.7%
    Source: All Jersey MLS #2511009R Report a problem
    9/7/2010Sold$363,000-9.2%
    Source: Agent Provided Report a problem
    6/19/2010Listed for sale$399,900+9897.5%
    Source: Prudential Real Estate #2781566 Report a problem
    3/12/2003Sold$4,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,470 $178,600
    2024$12,470 +109.1%$178,600 +100%
    2023$5,963 +1.3%$89,300
    2022$5,889 -48.8%$89,300 -50%
    2021$11,502 +3.8%$178,600
    2020$11,084 +7.1%$178,600
    2019$10,345 $178,600
    2018$10,345 +4.6%$178,600
    2017$9,890 +1.8%$178,600
    2016$9,719 +3%$178,600
    2015$9,439 +2.7%$178,600
    2014$9,190 +7.8%$178,600
    2013$8,527 +2.5%$178,600 +9.8%
    2012$8,315 +4.6%$162,600
    2011$7,946 -2.6%$162,600
    2010$8,159 +7.5%$162,600
    2009$7,590 $162,600
    2008-- $162,600
    2007$26,670 +12.2%$162,600
    2006$23,778 +2%$162,600
    2005$23,317 $162,600
    2004-- $162,600
    2003-- $162,600
    2002-- $162,600
    2001-- $162,600
    Find assessor info on the county website

    Neighborhood: 07080

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $921,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $921,100