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204 Montrose Ave 4 Unit Apartment Building Offered at $1,997,375 CAD at a 5.88% Cap Rate South Plainfield, NJ 07080
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$144,555
|
$32.41
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$144,555
|
$32.41
|
| Taxes |
$20,110
|
$4.51
|
| Operating Expenses |
$7,042
|
$1.58
|
| Total Expenses |
$27,152
|
$6.09
|
| Net Operating Income |
$117,403
|
$26.32
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $144,555 |
| Annual Per SF | $32.41 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $144,555 |
| Annual Per SF | $32.41 |
| Taxes (CAD) | |
|---|---|
| Annual | $20,110 |
| Annual Per SF | $4.51 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $7,042 |
| Annual Per SF | $1.58 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $27,152 |
| Annual Per SF | $6.09 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $117,403 |
| Annual Per SF | $26.32 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 2 | - | - |
| 4+2 | 3 | - | - |
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 | $286,467 CAD |
| Land Assessment | $64,938 CAD | Annual Taxes | $20,110 CAD ($4.51 CAD/SF) |
| Improvements Assessment | $221,529 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
22-00407-0000-00014
Land Assessment
$64,938 CAD
Improvements Assessment
$221,529 CAD
Total Assessment
$286,467 CAD
Annual Taxes
$20,110 CAD ($4.51 CAD/SF)
Tax Year
2025
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204 Montrose Ave
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