$1,100,000

1020 Raritan Ave Highland Park, NJ 08904

Estimated payment $7,628/month

Total Views 6,290
6 Beds
5 Baths
4,914 Sq Ft
$224 Price per Sq Ft

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Walk-In Closet
  • Highland Park High School Rated A
  • Porch
  • Patio

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.

Listing Agent

Susan Marcrie

RE/MAX INNOVATION Brokerage Phone: 732-298-6006 Listed on: 06/03/2025

RE/MAX INNOVATION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,425

Year Built

  • Built in 1955

Lot Details

  • 60 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • Blinds
  • Partial Basement
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Community Details

  • 4,914 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 2107-03801-0000-00005-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,425

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Unit Style: Fourplex
  • Year Built: 1955
  • Year Built Description: Approximate
  • County Name: Middlesex
  • Exclusions: TVs and tenants personal property
  • Street Number Display: 1020
  • Directions: US-1 to Woodbridge Ave Drive to S 11th Ave in Highland Park. House will be on the left
  • I D: 5361782
  • Modified: 2025-06-30
  • Number Images: 50
  • Attribution Contact: 732-298-6006
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Blinds, Carbon Monoxide Detector, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors
  • Total Number Rooms: 16
  • Bedrooms: 6
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Basement: Yes
  • Basement Description: Partial

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Curbs, Open Porch(es), Patio, Sidewalk
  • Roof Description: Flat

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Concrete

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Lot Info

  • Lot Size: 60 X 90
  • Assessed Improvement Value: 561400
  • Assessed Land Value: 157800
  • Assessment: 719200
  • Easement: Unknown
  • Lot Description: Corner
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12
  • Zoning: C

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 18425
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2107-03801-0000-00005-0000-
  • Tax Rate Amount: 2.562
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $1,100,000 -- $224 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Deed -- None Available
Source: Public Records

Source: Garden State MLS

MLS Number: 3966880

Garden State MLS

APN: 07-03801-0000-00005