194 Somerset St , North Plainfield Boro, New Jersey 07060-4832

  • $2,000,000

Description

Investment opportunity in the heart of North Plainfield! 196 & 200 Somerset Street offer a rare chance to own two income-producing buildings on one oversized lot with ample on-site parking. A unique mixed-use asset with strong cash flow and future upside. 200 Somerset features a 4-unit residential building comprised of three 1-bedroom apartments plus one 2-bedroom duplex unit. 196 Somerset includes a street-level liquor store with four additional 1-bedroom apartments above, creating a diverse income stream with both commercial and residential tenants. Positioned on a large lot in a high-visibility location, this property offers approximately a 6% cap rate with potential value-add and redevelopment opportunities for investors looking to maximize the site?s long-term potential. Whether you?re seeking steady cash flow, mixed-use exposure, or future development possibilities, this is a rare portfolio-style offering in a growing Somerset County corridor. Perfect for investors, developers, or owner-operators looking to secure a high-demand mixed-use property with existing income and upside potential

  • City: North Plainfield Boro
  • State/county: Somerset

Details

Updated on May 9, 2026 at 1:26 am
  • Property ID HZ4026345
  • Price $2,000,000
  • Property Size 3000
  • Property Status Active

Features

Mortgage Calculator

Schedule a Tour

Your information

Contact Information

View Listings
Queens Realty New Jersey

Enquire About This Property

Similar Listings

Compare listings

Compare