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Ataullah Barnes

ataullah@rogprodigy.com +1(973) 277-2575

$4,400,000

Est. payment - /mo

0.95 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4014407

Year Built 1940

Tax Year 2025

Lot Size 0.950 Acres

Property Description

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.

Location

State NJ

County Union

Zoning TSR2

Interior

Heating Gas-Natural, Oil Tank Above Ground - Outside

Cooling See Remarks

Equipment See Remarks

Heat Source Gas-Natural, Oil Tank Above Ground - Outside

Exterior

Exterior Feature Concrete

Utilities Available Electric, Gas In Street, Gas-Natural

Roof Type See Remarks

Building

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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Listed by ERA SUBURB REALTY

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Ataullah Barnes

+1(973) 277-2575

Broker | License ID: 0454603

Broker License ID: 0454603

500 Arlington Ave Plainfield City, NJ 07060

Ataullah Barnes

Key Details

Location

Interior

Exterior

Building

Others

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500 Arlington Ave