Commercial Real Estate for Sale at 957 Central Ave in Plainfield City, NJ for $1,900,000

957 Central Ave | Plainfield City

$1,900,000 | 7 Baths (7 Half) | 11,000 Sq. Ft.

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. GSMLS 4008349

Directions to property: The Coriell Mansion

MLS Listing ID: 
GSMLS 4008349
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,900,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Plainfield City
Address: 
957 Central Ave, Plainfield City, NJ 07060-2310, U.S.A.
County: 
Union
Latitude: 
40.6084900
Longitude: 
-74.4168400
Directions: 
The Coriell Mansion
Public Remarks: 
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.
Building Details
Details about the building on a property.
Living Area: 
11,000
Basement: 
Full, Unfinished, Walkout
Construction
Energy Information: 
Electric, Gas In Street, Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
7
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
7
Utilities
Information about utilities available on the property.
Heating System: 
4+ Units, Forced Hot Air
Heating System Fuel: 
Gas-Natural
Cooling System: 
4+ Units, Central Air
Water Source: 
Public Water
Sewer: 
Public Available
Lot Features
Driveway: 
1 Car Width, Additional Parking, Off-Street Parking
Parking Type: 
1 Car Width, Additional Parking, Off-Street Parking
Garage: 
None
Public Record
Parcel Number: 
2912-00759-0000-00013-0000-
Contract Details
Details about the listing contract.
Possession: 
at closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
SIGNATURE REALTY NJ

Request More Information