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204 Montrose Ave 4 Unit Apartment Building Offered at $1,786,044 CAD at a 6.61% Cap Rate South Plainfield, NJ 07080
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$145,293
|
$32.58
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$145,293
|
$32.58
|
| Taxes |
$20,213
|
$4.53
|
| Operating Expenses |
$7,078
|
$1.59
|
| Total Expenses |
$27,290
|
$6.12
|
| Net Operating Income |
$118,002
|
$26.46
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $145,293 |
| Annual Per SF | $32.58 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $145,293 |
| Annual Per SF | $32.58 |
| Taxes (CAD) | |
|---|---|
| Annual | $20,213 |
| Annual Per SF | $4.53 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $7,078 |
| Annual Per SF | $1.59 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $27,290 |
| Annual Per SF | $6.12 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $118,002 |
| Annual Per SF | $26.46 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 2 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 22-00407-0000-00014 | Total Assessment | $287,596 CAD |
| Land Assessment | $65,194 CAD | Annual Taxes | $20,213 CAD ($4.53 CAD/SF) |
| Improvements Assessment | $222,402 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
22-00407-0000-00014
Land Assessment
$65,194 CAD
Improvements Assessment
$222,402 CAD
Total Assessment
$287,596 CAD
Annual Taxes
$20,213 CAD ($4.53 CAD/SF)
Tax Year
2025
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204 Montrose Ave
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