$1,450,000
OPEN SAT 12PM - 3PM

326-328 Cedar Ave Highland Park, NJ 08904

Estimated payment $9,762/month

Total Views 372
-- Bed
-- Bath
4,544 Sq Ft
$319 Price per Sq Ft

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Patio
  • Highland Park High School Rated A
  • Porch
  • Accessibility Features

About This Home

This well-maintained, income-producing 4-family property is in excellent condition and ideally located near public transportation (bus and train), major shopping centers, Rutgers University, and local hospitals. Each of the four apartments features separate utilities, newer windows, updated kitchens and flooring, and newer boilers and water heaters. The property includes a new garage roof and floor, freshly painted interiors, new toilets and plumbing, and comprehensive landscaping. Significant upgrades include complete replacement of metal plumbing with PVC piping, newer concrete work, and a new roof (2021). Additional features include dual entrances for all ground-floor units, a brand-new coin-operated washer and dryer hookup in the basement, and ample storage space. With one water meter and individual electric meters for each unit, this property offers both convenience and strong investment potential. Annual Income: $135,000 (one vacant unit projected income) Cap Rate 7.19%

Listing Agent

Alzira Farinhas

RE/MAX INNOVATION Listed on: 08/30/2025

RE/MAX INNOVATION

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,507

Year Built

  • Built in 1928

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 100.00 x 50.00
  • Private Entrance
  • Level Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 4,544 Sq Ft Home
  • 2-Story Property
  • Storm Screens
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Storage

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Radiator
  • Radiant Heating System
  • Underground Utilities
  • Water Heater

Community Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,507

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Lot Size: 100.00 x 50.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1928
  • Special Features: OpenHouse
  • Stories: 2

Interior Features

  • Appliances: Water Heater(See Remarks,Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator), Unit 3(Range/Oven), Unit 4(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks), Unit 3 Owner Pays(See Remarks), Unit 4 Owner Pays(See Remarks)
  • Accessibility Features: Unit 1 Accessibility Features, Unit 2 Accessibility Features, Unit 3 Accessibility Features, Unit 4 Accessibility Features
  • Has Basement: Full, Storage Space, Tenant Use, Laundry Facilities
  • Basement YN: No
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 4(3 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 4544
  • Stories: 2
  • Window Features: Screens/Storms

Exterior Features

  • Lot Features: Near Shopping, Near Train, Level, Near Public Transit
  • Exterior Features: Patio, Curbs, Porch(es) - Open, Sidewalk, Porch, Private Entrance, Screens/Storms
  • Patio And Porch Features: Patio, Porch(es) - Open, Porch
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, 1-2 Car Parking, On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s),None,A/C Window Unit(s)
  • Heating: Radiant, Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 5001

Tax Info

  • Tax Annual Amount: 22507
  • Tax Year: 2023

Multi Family

  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

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
08/30/2025 08/30/25 For Sale $1,450,000 +76.4% $319 / Sq Ft
04/12/2019 04/12/19 Sold $822,000 +3.4% --
02/06/2019 02/06/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $795,000 -- --
Source: All Jersey MLS

Source: All Jersey MLS

MLS Number: 2514140R

All Jersey MLS