Investment Property for Sale at 1020 Raritan Avenue in Highland Park, NJ for $1,100,000

1020 Raritan Avenue | Highland Park

$1,100,000 | 4,914 Sq. Ft.

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. CJMLS 2514435R

MLS Listing ID: 
CJMLS 2514435R
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1955
Age: 
0
Living Area: 
4,914
Basement: 
Partial, Interior Entry
Interior: 
Kitchen, 3 Bedrooms, Kitchen, Kitchen, Kitchen
Construction
Roof: 
Flat
Exterior Features: 
Yard, Semi-Private Entry
Room Details
Details about the rooms in the building.
Total Rooms: 
15
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Radiators-Steam
Cooling System: 
Ceiling Fan(s)
Water Source: 
Public
Sewer: 
Public Sewer, Sewer Charge
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.12
Lot Size (Area): 
0.12
Lot Size (Dimensions): 
90.00 x 0.00
Public Record
Parcel Number: 
0703801000000005
Annual Tax: 
$18,426.00
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX INNOVATION

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