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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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500 Arlington Ave , Plainfield City, NJ 07060
$4,400,000
Est. Payment: $22,392.51/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 131
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House 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.
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Highlights

Listed by DONALD LAMASTRA , MP ERA SUBURB REALTY , 908-322-4434. Garden State MLS

Property Type

Commercial Sale
Lot/Acreage
0.95

Year Built

1940

County

Union

Listing ID

4014407

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:See Remarks
Fireplaces:
Other:Public Water

Exterior Features

Lot Dimensions:155X266
Zoning:TSR2
Roof:See Remarks
Others:Concrete
Sewer:Public Sewer
Parking Features:Blacktop
Principal Interest
$22,393
Taxes
$2,805

Home Price

$4,400,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$880,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$22,392.51

Principal

Taxes

Principal Taxes HOA Total
Monthly $22,392.51 $2,805.00 $0.00 $25,197.51
Yearly $268,710.16 $33,660.00 $0.00 $302,370.16
Total $8,061,304.93 $1,009,800.00 $0.00 $9,071,104.93

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Plainfield City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS