$1,100,000

1020 Raritan Ave Highland Park, NJ 08904

Estimated payment $7,611/month

Total Views 7,440
6 Beds
5 Baths
4,914 Sq Ft
$224 Price per Sq Ft

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.

Listing Agent

Susan Marcrie

RE/MAX Innovation License #0678430 Listed on: 06/02/2025

RE/MAX Innovation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,426

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Subdivision Name: None
  • Reso Flooring: Wood, Laminate, Ceramic Tile
  • Year Built: 1955
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 60 x 90
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • SidingBrick: Yes
  • Cooling Multi Units: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Stove3: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Stove2: Yes
  • Floors Laminate2: Yes
  • Unit 3 Electric Stove: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Stories: 3
  • Basement:Partial: Yes

Exterior Features

  • Roof: Flat
  • Acres: 0.12
  • Waterfront: No
  • Construction Type: Brick
  • Patio And Porch Features: Patio
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Detached
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Other
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Steam: Yes

Lot Info

  • Lot Dimensions: 60 x 90
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-03801-0000-00005

Rental Info

  • Owner Pays: Gas, Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 18426.0
  • Tax Other Annual Assessment Amount: 719200.0

Multi Family

  • Number Of Units Total: 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: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

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

Similar Home in Highland Park, NJ

  • 1020 Raritan Ave, Highland Park, NJ 08904

    $1,100,000

    • 6 Beds
    • 5 Baths
    • 4,914 Sq Ft
    • 1020 Raritan Ave
    • Highland Park, NJ

    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

    Susan Marcrie RE/MAX INNOVATION

    Section Image

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22516157

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-03801-0000-00005