500 Arlington Ave, Plainfield City NJ 07060-1534

Property City
Plainfield City
Property Media
image-4014407-1.jpeg
image-4014407-1.jpeg
Property Price
$4,400,000
Year Built
1940
Tax Annual Amount
$0
TaxYear (*text)
2025
Roof (*text)
See Remarks
Lot Size Area
0.95
MLS Status
Active
MLS #
4014407

Properties are located 510 Arlington Ave, 512 Arlington Ave, 515 Madison and 517 Madison. This premier investment opportunity situated within the Todd South Redevelopment Zone in Plainfield, offering a massive 34,300=square foot footprint with rare three-street frontage. Comprising Block 706, Lots 3,4,and 8, this expansive site is a developer's dream with significant potential for a five-story residential apartment building, aligning with the successful momentum of the ten-high-density buildings already completed under the Todd South Redevelopment Plan. The property is .3 miles to the Plainfield Train to NYC. The property currently features a diverse mix of existing structures and utility:LOT 8: A functional three-family houseLOT 4: A 6,000 Square foot vacant lotLOT 3: A powerhouse of utility featuring a large one-story commercial building, a substantial garage with ample parking, and two additional residential buildings (one two-family and one three family).This unique assemblage provides both immediate rental income and a shovel-ready path toward a landmark transit-oriented development.

Yearly Tax Rate
8.926
Year Built (*numeric)
1940
Basement
No
Roofing (*text)
See Remarks
Days On Market
0
Basement (*text)
No
Cooling (*text)
See Remarks
Heating
Forced Hot Air, Radiators - Hot Water
Lot Size Dimensions
155X266
Property Location

40.61518, -74.42038

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762