INCOME-PRODUCING INVESTMENT PROPERTY | PLAINFIELD, NEW JERSEY

703 Marshall Place, Plainfield, NJ 07062

An opportunity to acquire an established, tenant-occupied single-family rental property in Union County, New Jersey. This property may appeal to investors seeking a replacement property for a 1031 tax-deferred exchange, as well as buy-and-hold investors looking for existing rental income.

PROPERTY & INVESTMENT HIGHLIGHTS

• Asking Price: $499,900 (Negotiable)
• Current Monthly Rental Income: $2,850
• Annual Scheduled Rental Income: $34,200
• Existing Lease: Through July 2028
• Occupancy: Tenant-occupied
• Property Type: Single-family residential investment property
• Gross Rental Yield: Approximately 6.84% at asking price, before operating expenses
• Listing Status: Currently listed for sale on the MLS

WHY CONSIDER THIS PROPERTY?

Immediate Income: The property has an existing lease and generates scheduled rental income from an established tenancy, eliminating the need for initial tenant placement.

1031 Exchange Potential: The property may qualify as replacement real estate for investors completing a Section 1031 exchange, subject to their individual circumstances and professional tax advice.

Northern New Jersey Location: Located in Plainfield, Union County, with access to the broader Northern New Jersey rental market.

Existing Marketing Materials: Property photographs and additional details are available through the active Zillow listing.

PURCHASE & SHOWING INFORMATION

The property is being offered with the existing tenants and lease in place. Interior access is limited to minimize tenant disruption.

Qualified investors are encouraged to review the available property photographs and documentation before requesting additional access.

Cash offers and qualified investor-financed purchases will be considered. Proof of funds or financing qualification may be requested.

INVESTOR INQUIRIES WELCOME

This opportunity is particularly suited to:

• 1031 exchange buyers seeking potential replacement property
• Buy-and-hold residential investors
• Portfolio landlords
• Qualified cash buyers
• Investors seeking existing rental income

For additional information, lease details, property photographs, or to submit an offer, please contact the listing agent.

Serious investor inquiries are welcome.