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For sale by owner
    • Price cut: $100K (6/24)
    $799,000

    728 W 4th St, Plainfield, NJ 07060

    8beds
    2,550sqft
    : 
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    MultiFamily
    Built in 1917
    -- sqft lot
    $-- Zestimate®
    $313/sqft
    $-- HOA

    Overview

    Reliable cash flow meets value-add potential in this Plainfield multi-family gem. Generating strong rental income with long-term tenants and low property taxes under $10K, this property offers investors or owner-occupants immediate income with upside potential. Proudly owned and managed by the same owner for over 15 years, the property features flexible month-to-month leases and a stable tenant base. Select updates have been made, with additional opportunities for rent growth or renovations. Property Layout: - 1st Floor: 3 Bed / 1 Bath - 2nd Floor: 3 Bed / 1 Bath - 3rd Floor: 2 Bed / 1 Bath - Finished Basement: Renovated in 2016 Total: 8 Bedrooms, 4 Bathrooms Parking: 6 off-street spaces Investor Highlights: - Strong cash flow (~7.3%–7.6% cap rate) - Low property taxes under $10K—rare for the area - Immediate rental income with potential for growth - Long-term ownership ensures a well-maintained property Offer & Showing Information: - Financials: Available upon request - Showings: By appointment only—please do not disturb tenants - Pro Tip for Buyers: Include proof of funds or pre-approval to be considered This is a rare investor opportunity in 07060—strong cash flow, low taxes, and value-add potential. Don’t miss it.
    What the owner loves about this home
    Location, tenants, income, and stability.
    111 days
    |
    517
    |
    24
    |
    Listed by:

    Property Owner (347) 725-2162

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Radiant, Electric, Gas
      Appliances
      • Included: Range / Oven, Refrigerator
      Features
      • Basement: Finished
      Interior area
      • Total interior livable area: 2,550 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Off-street
      Features
      • Exterior features: Vinyl
      Lot
      • Size: 4,356 Square Feet
      Details
      • Parcel number: 1200114000000027

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Frame
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1917

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Electric, Gas-Natural

      Community & HOA

      Location
      • Region: Plainfield

      Financial & listing details

      • Price per square foot: $313/sqft
      • Tax assessed value: $109,000
      • Annual tax amount: $9,518
      • Date on market: 3/20/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,660/mo

        Price history

        DateEventPrice
        6/24/2026Price change$799,000-11.1%$313/sqft
        Source: Owner Report a problem
        6/4/2026Price change$899,000+12.5%$353/sqft
        Source: Owner Report a problem
        5/29/2026Price change$799,000-3.6%$313/sqft
        Source: Owner Report a problem
        5/6/2026Price change$829,000-2.4%$325/sqft
        Source: Owner Report a problem
        3/31/2026Price change$849,000-5.6%$333/sqft
        Source: Owner Report a problem
        3/20/2026Listed for sale$899,000+176.6%$353/sqft
        Source: Owner Report a problem
        10/11/2019Listing removed$325,000$127/sqft
        Source: ERA Reed Realty, Inc. #3514980 Report a problem
        9/25/2019Pending sale$325,000$127/sqft
        Source: ERA Reed Realty, Inc. #3514980 Report a problem
        9/25/2019Listed for sale$325,000$127/sqft
        Source: ERA Reed Realty, Inc. #3514980 Report a problem
        4/13/2019Listing removed$325,000$127/sqft
        Source: ERA Reed Realty, Inc. #3514980 Report a problem
        2/6/2019Price change$325,000-4.1%$127/sqft
        Source: ERA Reed Realty, Inc. #3514980 Report a problem
        11/26/2018Listed for sale$339,000+182.5%$133/sqft
        Source: ERA Reed Realty, Inc. #3514980 Report a problem
        6/7/2012Listing removed$120,000$47/sqft
        Source: Prudential New Jersey Properties Watchung Report a problem
        6/2/2012Listed for sale$120,000$47/sqft
        Source: Prudential New Jersey Properties Watchung Report a problem
        7/2/2011Listing removed$120,000$47/sqft
        Source: Prudential New Jersey Properties Watchung Report a problem
        2/25/2011Listed for sale$120,000+9.1%$47/sqft
        Source: Prudential New Jersey Properties Watchung Report a problem
        12/3/2010Sold$110,000+10%$43/sqft
        Source: Public Record Report a problem
        9/18/2010Price change$99,999-33.3%$39/sqft
        Source: Realmart Realty, LLC #2800936 Report a problem
        9/9/2010Price change$149,900-5.7%$59/sqft
        Source: Realmart Realty, LLC #2800936 Report a problem
        8/26/2010Listed for sale$159,000-56.4%$62/sqft
        Source: Realty Executives Exceptional Realtors #2787432 Report a problem
        6/20/2005Sold$365,000+134.1%$143/sqft
        Source: Public Record Report a problem
        2/27/2003Sold$155,900+24.7%$61/sqft
        Source: Public Record Report a problem
        2/14/2001Sold$125,000+38.9%$49/sqft
        Source: Public Record Report a problem
        8/27/1999Sold$90,000$35/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$9,518 +1%$109,000
        2023$9,424 +2.2%$109,000
        2022$9,220 +0.9%$109,000
        2021$9,140 +0.3%$109,000
        2020$9,113 +2.1%$109,000
        2019$8,923 $109,000
        2018$8,923 +37.6%$109,000
        2017$6,484 -21.6%$109,000
        2016$8,275 +2.8%$109,000
        2015$8,051 +2.4%$109,000
        2014$7,863 +3.1%$109,000
        2012$7,623 +3.6%$109,000
        2011$7,355 +8.7%$109,000
        2010$6,768 +3.8%$109,000
        2009$6,517 $109,000
        2008-- $109,000
        2007$6,178 $109,000
        2006-- $109,000
        2005-- $109,000
        2004-- $109,000
        2003-- $109,000
        2002-- $109,000
        2001-- $109,000
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 07060

        Getting around

        48 / 100
        Car-Dependent
        43 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Washington
        • Middle: Hubbard
        • High: Plainfield

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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