CCertihomes
204 Montrose Avenue, South Plainfield, NJ 07080

$1,290,000

0 beds 6 baths Built 1869210 days on marketActive

About this home

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!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$28,243/mo

Real estate (PITI + HOA + PMI)
$24,680
Principal + interest$5,851
Property tax + insurance$18,345
PMI / 2nd mortgage$484
Utilities
$7,628
Heating + cooling$3,652
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$158
$28,243/mo TLC
Budget$28,743/mo
Remaining after TLC$500/mo
Purchase price
$1,290,000
Down payment
$64,500 (5%)
Loan amount
$1,225,500
APR
4%

Quick facts

Type
4 Family
Style
Year built
1869
Lot size
0.4649 ac
Stories
2
Heating
Baseboard Electric, Electric, Forced Air, Separate Control
Cooling
Ceiling Fan(s),A/C Window Unit(s)
Water
Public
HOA
Annual tax
$13,964
MLS #
2606084R
County
Middlesex

At a glance

Basement

Home features

Appliances
Water Heater(See RemarksGas)Water HeaterUnit 1(Refrigerator)Unit 2(Refrigerator)Unit 3(Refrigerator)Unit 4(Refrigerator)
Interior
Unit 1(1 BedroomKitchen1 BathLiving Room)Unit 2(2 BedroomsKitchen1 Bath)Unit 3(4 BedroomsKitchen2+ Baths)Unit 4(4 BedroomsKitchen2+ Baths)
Parking
4(+)Car Parking
Roof
Asphalt
Sewer
Public Sewer
Ownership
Sole Proprietorship

Lot features

Level

Neighborhood — 07080

MetricThis ZIPCountyUSA
Population25,0128,832,837299,088,112
Population Change Since199016.00%14.00%20.00%
Population Density2,9941,137
Male12,2934,307,827147,432,321
Female12,7194,525,010151,655,844
Never Married4,8631,965,81163,775,926
Married11,4723,647,435123,120,365
Separated756391,23912,639,686
Widowed1,564515,17215,467,586
Divorced1,256529,39323,075,029
Number Of House Hold8,3373,167,345111,826,380
Average House Hold Size2.972.732.60
Medial Age38.1237.1535.46
Median House Hold Income$78,745$63,392$48,276
Average House Hold Income$87,467$83,312$63,629
P C I$30,316$30,662$24,529
M D I$63,105$52,505$41,133
A T H E$64,425$61,369$50,898
S T R7.00%7.00%
W C J72.15%81.02%77.74%
(Zip) Code
7080

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 10/17/2025. Provided courtesy of RE/MAX NOW via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.