1020 Raritan Avenue new

Highland Park,NJ 08904

$ 1100000

6 Beds

5 Baths

4914 SqFt


Key Details

Property Type Multi-Family

Sub Type Four Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,914 sqft

Price per Sqft $223

Municipality Highland Park (HIP)

MLS Listing ID 22516157

Bedrooms 6

Full Baths 5

Year Built 1955

Annual Tax Amount $18,426

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 60 x 90

Property Sub-Type Four Family

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

Fantastic income-producing property located in a vibrant, sidewalk town near major transportation hubs (New Brunswick and Edison Train Stations), Rutgers University, Robert Wood Johnson Medical Center. This well-maintained all-brick building offers outstanding earning potential and long-term value. The property features one spacious 3-bedroom unit with private basement access, three well-appointed 1-bedroom/1-bathroom units, and a versatile bonus space ideal for a live-in super or owner's suite. All units are in excellent condition, with strong rental appeal and stable occupancy. The roof has been replaced in 2020, new hot water heater, updated electric panel, hardwood flooring and LVT plank flooring. Owner/super unit has new LVT flooring and freshly painted with two entrances. Property also offers a 2 car garage and 2 car concrete driveway. Whether you're expanding your portfolio or seeking a smart first investment, this turnkey multi-family offers both immediate cash flow and future appreciation in a sought-after location.

Location

State NJ

County Middlesex

Area None

Direction US-1 to Woodbridge Ave Drive to S 11th Ave in Highland Park. House will be on the left

Rooms

Basement Partial

Interior

Cooling Multi Units,Other

Flooring Wood,Laminate,Ceramic Tile

Exterior

Parking Features Detached

Garage Spaces 2.0

Roof Type Flat

Porch Patio

Garage Yes

Private Pool No

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 07-03801-0000-00005

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