Real Estate

Plainfield YMCA Building to be Sold at Public Auction on August 1

Credits: AuctionAdvisors
Credits: AuctionAdvisors
Credits: AuctionAdvisors
Credits: AuctionAdvisors
Credits: AuctionAdvisors
Credits: AuctionAdvisors
Credits: AuctionAdvisors
Credits: AuctionAdvisors
Credits: AuctionAdvisors
Credits: AuctionAdvisors
Credits: AuctionAdvisors
Credits: AuctionAdvisors
Credits: AuctionAdvisors
Credits: AuctionAdvisors

Union County, NJ . - AuctionAdvisors announced that it has been engaged by the Plainfield YMCA’s Board of Directors to commence an accelerated marketing campaign, which will culminate in the public auction sale of the YMCA’s building located at 518 Watchung Avenue, in downtown Plainfield, New Jersey.

Since 1923 the Plainfield YMCA has called this building home, but like so many other YMCA’s and YWCA’s located in downtown locations throughout the country, the Plainfield YMCA recently announced it was reorganizing its operations and moving its operations to a new site. AuctionAvisors’ mandate is to conduct an auction on August 1,2018.

The 54,000 SF building contains all the trimmings that your typical YMCA would have including a pool, steambath, gym, indoor running track, locker rooms, offices and much more. In addition, the Plainfield YMCA, provided housing to the community with 52 single occupancy rooms as well as an additional 50 bed dormitory. “A building like this on a 1.12 acre site is ripe for some sort of re-development, but the breathe is huge” said Mr. Joshua Olshin, a Managing Partner at AuctionAdvisors. The building is located directly across the street from City Hall, and just a short 5-minute walk to the Plainfield Train Station – which was designated by the DOT as a “Transit Village”. Currently 1,500 riders board the 50 trains that stop locally each weekday. Many new developments have recently broken ground in town including the Quinn, a 212-unit luxury residential building, The Station at Grant Avenue, with 90 residential units, and the former Muhlenberg Hospital site that will contain a 186,000 square foot medical arts complex and 120 luxury residential apartments. Mr Olshin adds “as with other auctions we have conducted with similar properties in similar urban settings throughout New Jersey, we might see bidders ranging from residential developers to governmental agencies interested in this property. “It is hard to determine the highest and best use” said Mr. Oren Klein, a Managing Partner at AuctionAdvisors. He emphasizes that “as the Plainfield Y is committed to selling this building in the announced time-frame, it will most likely come down to which interest group is able to line their ducks up properly, figuring out what they are willing to pay for this property and actually preparing themselves to bid and be ready to close.”

Sign Up for E-News

“Whether this building ends up being converted into some sort of residential development, mixed use with offices, or the single occupancy and dormitory portions of the building are resurrected (which earned the YMCA close to $800k a year in revenue alone in previous years), this will be an interesting project for an opportunistic investor with a vision” noted Oren Klein, from AuctionAdvisors.

“It is important to note that the YMCA has chosen the auction method to sell the building in order to maximize value achieved by the sale, ensure the building is sold in a timely manner, as well as to make absolutely sure that an open and transparent sales process is adhered to” explains Mr. Olshin. He adds that “AuctionAdvisors was selected not only based on our ability to achieve superior auction results, but based on our experience in handling sales for non-profit entities and dealing with the unique set of issues non-profits may present.

AuctionAdvisors handled the sale of primary buildings for the following groups: the YWCA in Trenton, the New Jersey Blood Bank, Spring Valley Reform Temple and others.

The auction will be held on Wednesday, August 1st at the property. Inspections are being scheduled in the weeks leading up to that date. Potential buyers shall have full access, together with any advisors or consultants for the purposes conducting such inspections. Buyers shall be able to obtain marketable and insurable title, free and clear of any financial liens and related encumbrances. A $100,000 deposit will be required to participate. A 6% Buyer’s Premium will be charged. A full due diligence package, terms & conditions, contract and more will be posted on the AuctionAdvisors website –

For further information or to reserve a place at one of our inspections, please contact Sahar Berlin, via email at is Plainfield's free online daily newspaper for Plainfield, NJ news. Sign up for our daily eNews and follow us on Facebook, Twitter @PlainfieldTAP, and on Instagram @tapintoplainfield for all of your Plainfield local news.

Download the free TAPinto App for iPhone or Android.

Got a tip or an idea for a story?  Email

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News


You Meet the Most Amazing People on the Trail

The weather cooperated this weekend, so I went for more than one hike. After all, there are only just over fifty days before my walk to Maine commences, so why not.

This Saturday, some friends dragged me away from housecleaning (thank you!) for a quick jaunt through Watchung Reservation.  While we were there, we ran into two individuals from Westfield; the cosplayers introduced themselves ...

Upcoming Events


Mon, June 18, 4:00 PM

Plainfield Public Library, Plainfield

BandLab at the Library

Arts & Entertainment Community Calendar


Tue, June 19, 6:00 PM

Plainfield Public Library, Plainfield

Field Station Dinosaurs

Arts & Entertainment


Wed, June 20, 4:00 PM

Plainfield Public Library, Plainfield

Story Makers

Arts & Entertainment

Plainfield's Roselyn Korngor Named to Circle K club at Alvernia University

June 17, 2018

READING, PA (06/15/2018)-- Roselyn Korngor, a resident of Plainfield, N.J., participated as a member of the Alvernia's Circle K club in 2017-18 while studying Nursing. Korngor is a graduate of Union County Academy for Allied Health Sciences.

Circle K International is a service organization formed to help the community through various service projects. It is part of an umbrella of ...

Get Empowered to Help Prevent Suicide

June 9, 2018

Dear Editor:

Over the past week social media and the news have been filled with stories and articles encouraging people to seek help if they’re in emotional distress. There have been countless articles about the need to break the silence around the topic of mental health and suicide, and I am encouraged by the support people are extending to others.

Often, the death by suicide by ...

Darby Road Celebrates World Cup Excitement, Even Without U.S., Italy and Ireland

June 17, 2018

SCOTCH PLAINS, NJ -- While the game the rest of the world calls "football" is the most popular sport in most countries except the U.S., the 1994 World Cup hosted here remains the tournament with the highest ever attendance (3,568,567). The '94 tournament lifted a growing sports to new heights.

This year will bring something totally different. The 2018 World Cup takes place ...


June 17, 2018

Hay un grupo de oficiales de policía que les dan un servicio a nuestra comunidad de una manera notable. Todos los días estos hombres y mujeres se levantan, van al trabajo, y aseguran que nuestros hijos aprendan en un ambiente seguro. Los llamamos Oficiales de Recursos Escolares, pero son mucho más. 

Si llegas a la oficina de los Oficiales de Recursos Escolares en la ...

Empleando Nuestra Juventud 

Querido Plainfield, 

Todos esperan el verano; los días son más calientes y largos, y la madre tierra se pone su mejor vestido mientras las frutas se maduran en el sol y las flores ondean un alegre "hola". La gente comienzan los paseos de la playa o piscina, y las juntas de barbacoa en los patios son necesarios en los fines de semanas.

Aquí en la ciudad de ...

The Woman in the Window by A.J. Finn

The Woman in the Window by A.J. Finn (William Morrow, 2018)


A friend, whose opinion on literature I respect greatly, reported to me recently that she had just finished reading A.J. Finn's debut novel, The Woman in the Window. Of it she said, “I wish I hadn't finished it,” which I interpreted to mean, “It was so good I'm sorry that I finished it.” ...

When the Men Go Off to War by Victoria Kelly

When the Men Go Off to War by Victoria Kelly (Naval Institute Press, 2015)

Victoria Kelly's first published volume of poetry, When the Men Go Off to War, is a wonder in that poems can be written so beautifully about the subject of war. Each poem is a jewel, polished and colorful, glittering with elegant imagery, and rich in emotional wallop. The book, divided into three sections, ...

The Queen of the Big Time by Adriana Trigiani (Ballentine Books, 2005)

            The Queen of the Big Time by Adriana Trigiani, a New York Times best selling author, was recommended to me by a young woman who actually came from the town of Roseto, Pennsylvania, the place where the novel is set. “The author did such a wonderful job of describing how the town actually is,” said the young lady.

The Great Alone by Kristin Hannah (St. Martin's Press, 2018)

            What is the “final frontier” on the Earth's surface? Many people would say Alaska, the 49th state, which was added to the United States fifty years ago. Once one has traveled to that remote land, it is impossible to forget the magnificence of the terrain and beasts. Floating by ship in Glacier Bay, surrounded by ...

The Man in Room 306 at the Luna Stage, West Orange, NJ

            The Luna Stage, a Jersey theater gem, chose to revive its 1995 world premiere drama, The Man in Room 306, to commemorate the 50th anniversary of the slaying of Dr. Martin Luther King, Jr.  Starring Jamil A.C. Mangan as Dr. King, this 90 minute production portrays Dr. King in the last hours of his life as he struggles to write a speech for the Poor ...

Into the Water by Paula Hawkins

Into the Water by Paula Hawkins (Riverhead Books, 2017)


I wanted to like Into the Water by Paula Hawkins because I had enjoyed her previous novel, The Girl on the Train, which was a suspenseful thriller. However, when I finished reading the first part of the Into the Water, I realized that I had not absorbed anything that was happening in the story. I blamed myself for not paying ...