1020 Raritan AVE new Save Request In-Person Tour Request Virtual Tour
Highland Park,NJ 08904
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,914 sqft
Price per Sqft $223
MLS Listing ID 2514435R
Year Built 1955
Annual Tax Amount $18,426
Tax Year 2024
Lot Size 5,401 Sqft
Acres 0.124
Lot Dimensions 90.00 x 0.00
Property Sub-Type 4 Family
Source CJMLS API
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
Community Curbs,Sidewalks
Rooms
Basement Partial,Interior Entry
Interior
Interior Features Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room),Unit 2(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room),Unit 3(1 Bedroom,Kitchen,1 Bath,Living Room),Unit 4(1 Bedroom,Kitchen,1 Bath,Living Room)
Heating Radiators-Steam
Cooling A/C Central - All,Ceiling Fan(s),A/C Wall Unit(s),A/C Window Unit(s),Unit 1(A/C Unit),Unit 2(A/C Unit),Unit 3(A/C Unit),Unit 4(A/C Unit)
Flooring Unit 2 Carpet,Unit 3 Carpet
Appliance Water Heater(Gas),Water Heater,Unit 1(Range/Oven,Refrigerator),Unit 2(Range/Oven,Refrigerator),Unit 3(Range/Oven,Refrigerator),Unit 4(Range/Oven)
Heat Source Natural Gas
Exterior
Exterior Feature Patio,Curbs,Porch(es) - Open,Sidewalk,Yard,Semi-Private Entry
Garage Spaces 2.0
Community Features Curbs,Sidewalks
Utilities Available Electricity Connected,Natural Gas Connected
Roof Type Flat
Porch Patio,Porch(es) - Open
Building
Lot Description Near Shopping,Near Train,Corner Lot,Near Public Transit
Story 3
Sewer Public Sewer,Sewer Charge
Water Public
Others
Senior Community no
Tax ID 0703801000000005
Ownership Fee Simple
Energy Description Natural Gas
Virtual Tour https://view.spiro.media/order/e5c78367-79d4-4f0e-e947-08dd7cd7de61?branding=false