Don't miss this turnkey multi-family investment located in a quiet, well-established neighborhood. This fully occupied 4-unit apartment building offers a strong CAP rate and consistent rental income from reliable, long-term tenants. Renovated in 2020, the property features updated interiors, modern finishes, and low-maintenance systems. Plenty of parking spaces for tenants. With solid cash flow from day one, this is a perfect addition to any investor's portfolio!
For sale
$1,290,000
204 Montrose Ave, South Plainfield, NJ 07080
11beds
6baths
--sqft
:
Get pre-qualified$8,348/mo
Multi Family
Built in 1869
-- sqft lot
$1,279,500 Zestimate®
$--/sqft
$-- HOA
What's special
Modern finishesUpdated interiors
- 301 days |
- 691 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
SANG M. LEE,
RE/MAX NOW 201-891-8000
Source: All Jersey MLS,MLS#: 2606084R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
Heating
- Baseboard Electric, Electric, Forced Air, Separate Control
Cooling
- Ceiling Fan(s), A/C Window Unit(s)
Appliances
- Included: Water Heater(See Remarks, Gas), Water Heater, Unit 1(Refrigerator), Unit 2(Refrigerator), Unit 3(Refrigerator), Unit 4(Refrigerator)
Features
- Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath), Unit 3(4 Bedrooms, Kitchen, 2+ Baths), Unit 4(4 Bedrooms, Kitchen, 2+ Baths)
- Basement: Slab, Storage Space
Interior area
- Total structure area: 0
Video & virtual tour
Property
Parking
- Parking features: 4(+)Car Parking
Features
- Stories: 2
Lot
- Size: 0.46 Acres
- Dimensions: 150.00 x 0.00
- Features: Level
Details
- Parcel number: 2200407000000014
- Zoning: R1-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1869
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: $209,100
- Annual tax amount: $13,964
- Date on market: 10/17/2025
- Ownership: Sole Proprietorship
- Electric utility on property: Yes
Estimated market value
$1,279,500
$1.22M - $1.34M
$2,532/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Price change | $1,290,000-11% |
Source:  All Jersey MLS #2606084R Report a problem | ||
| 3/6/2026 | Price change | $1,450,000-6.5% |
Source: All Jersey MLS #2606084R Report a problem | ||
| 10/17/2025 | Listed for sale | $1,550,000+184.4% |
Source: All Jersey MLS #2606084R Report a problem | ||
| 6/8/2020 | Sold | $545,000-8.4% |
Source: Public Record Report a problem | ||
| 2/25/2020 | Listed for sale | $595,000 |
Source: WEICHERT CO REALTORS #1913601 Report a problem | ||
| 2/25/2020 | Pending sale | $595,000 |
Source: WEICHERT CO REALTORS #1913601 Report a problem | ||
| 11/2/2019 | Listed for sale | $595,000 |
Source: WEICHERT CO REALTORS #1913601 Report a problem | ||
| 11/2/2019 | Pending sale | $595,000 |
Source: WEICHERT CO REALTORS #1913601 Report a problem | ||
| 1/15/2019 | Listed for sale | $595,000 |
Source: WEICHERT CO REALTORS #1913601 Report a problem | ||
| 11/14/2018 | Listing removed | $900 |
Source: Coldwell Banker Residential Brokerage - East Brunswick Office #1910827 Report a problem | ||
| 11/8/2018 | Listed for rent | $900+5.9% |
Source: COLDWELL BANKER RES. BROKERAGE #1910827 Report a problem | ||
| 1/16/2016 | Listing removed | $850 |
Source: Coldwell Banker Residential Brokerage - East Brunswick Office #1610131 Report a problem | ||
| 11/9/2015 | Listed for rent | $850 |
Source: COLDWELL BANKER RES. BROKERAGE #1610131 Report a problem | ||
| 8/5/2015 | Listing removed | $595,000 |
Source: Weichert Realtors #3243586 Report a problem | ||
| 8/4/2015 | Listed for sale | $595,000+22.4% |
Source: Weichert Realtors #3243586 Report a problem | ||
| 5/5/2004 | Sold | $486,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,599 | $209,100 |
| 2024 | $14,599 +4.6% | $209,100 |
| 2023 | $13,964 +1.3% | $209,100 |
| 2022 | $13,790 +2.4% | $209,100 |
| 2021 | $13,466 +1.5% | $209,100 |
| 2020 | $13,269 +7% | $209,100 |
| 2019 | $12,404 | $209,100 |
| 2018 | $12,404 +2.3% | $209,100 |
| 2017 | $12,122 +1.8% | $209,100 |
| 2016 | $11,912 +3% | $209,100 |
| 2015 | $11,570 +2.7% | $209,100 |
| 2014 | $11,264 +5.3% | $209,100 |
| 2012 | $10,693 +4.6% | $209,100 |
| 2011 | $10,219 -2.6% | $209,100 |
| 2010 | $10,493 +7.5% | $209,100 |
| 2009 | $9,761 | $209,100 |
| 2008 | -- | $209,100 |
| 2007 | $34,297 +12.2% | $209,100 |
| 2006 | $30,579 +2% | $209,100 |
| 2005 | $29,985 | $209,100 |
| 2004 | -- | $209,100 |
| 2003 | -- | $209,100 |
| 2002 | -- | $209,100 |
| 2001 | -- | $209,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 07080
Nearby schools
GreatSchools rating
- 4/10Roosevelt Elementary SchoolGrades: K-4Distance: 0.3 mi
- 5/10South Plainfield Middle SchoolGrades: 7-8Distance: 1.5 mi
- 6/10South Plainfield High SchoolGrades: 9-12Distance: 1.6 mi
- $--4 bd2 ba-- sqft204 Montrose Ave APT D, South Plainfield, NJ 07080Off Market
- $--2 bd1 ba-- sqft204 Montrose Ave APT B, South Plainfield, NJ 07080Off Market
- $--4 bd2 ba-- sqft204 Montrose Ave #C, South Plainfield, NJ 07080Off Market
- $--1 bd1 ba-- sqft204 Montrose Ave APT A, South Plainfield, NJ 07080Off Market
- $750,0004 bd4 ba-- sqft150 Montrose Ave, South Plainfield, NJ 07080For Sale
- $686,0003 bd2 ba1.5k sqft1897 Bell Pl, South Plainfield, NJ 07080Sold
- $605,2003 bd2 ba-- sqft157 Elliott Pl, South Plainfield, NJ 07080Off Market
- $703,600-- bd-- ba2.2k sqft146 Montrose Ave, South Plainfield, NJ 07080Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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