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$ 1,595,000
Est. payment /mo
Price Dropped by $305K
957 Central Ave Plainfield City, NJ 07060
11,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,000 sqft
Price per Sqft $145
MLS Listing ID 4008349
Year Built 2013
Property Description
The iconic Coriell Mansion, built in 1880 and located in the Van Wyck Brooks Historic District, is recognized as one of Plainfield's largest Gilded Age estates. This rare offering combines a historic landmark property with a fully operational, income-producing short-term rental business.Situated on an approximately 32,000-square-foot lot, the approximately 11,000-square-foot mansion generates approximately $360,000 in gross annual revenue. The sale includes both the real estate and the established short-term rental operation, providing a true turnkey investment.Architectural highlights include Colonial Revival design with Georgian influences, featuring a grand main staircase with Scamozzi Ionic capitals. The property blends historic elegance with modern functionality, offering multiple bedrooms, expansive common areas, and flexible layouts ideal for luxury stays and group accommodations.Backed by proven demand, repeat bookings, and established systems, this asset offers stabilized cash flow with upside potential. A rare opportunity to own a landmark estate delivering scale, income, and long-term value.
Location
State NJ
County Union
Rooms
Basement Full, Unfinished, Walkout
Interior
Heating Gas-Natural
Cooling 4+ Units, Central Air
Heat Source Gas-Natural
Exterior
Parking Features None
Utilities Available Electric, Gas In Street, Gas-Natural
Building
Sewer Public Available
Water Public Water
Others
Ownership Corporation

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Listed by SIGNATURE REALTY NJ
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