1020 Raritan Ave Highland Park, NJ 08904
Estimated payment $7,518/month
Highlights
- Wood Flooring
- 2 Car Garage
- Patio
- Highland Park High School Rated A
- Air Conditioning
- Heating System Uses Steam
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,426
Year Built
- Built in 1955
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 60 x 90
Parking
- 2 Car Garage
Home Design
- Quadruplex
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 4,914 Sq Ft Home
- 3-Story Property
- Partial Basement
- Stove
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
Outdoor Features
- Patio
Utilities
- Air Conditioning
- Multiple cooling system units
- Heating System Uses Steam
- Natural Gas Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 07-03801-0000-00005
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/14/2025 08/14/25 | Pending | -- | -- | -- |
06/02/2025 06/02/25 | For Sale | $1,100,000 | -- | $224 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Deed | -- | None Available |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22516157

APN: 07-03801-0000-00005
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