NOT LISTED FOR SALE

54 Cedar Ave Highland Park, NJ 08904

Estimated Value: $829,000 - $1,462,000

7 Beds
7 Baths
3,556 Sq Ft
$311/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2023

Last sale price $710,000 $200 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,434 / mo

136 Days on Market

Highlights

  • Property is near shops
  • Irving Primary School Rated A-
  • Hot Water Baseboard Heater

About This Home

As of December 2023

Can you say WOW. Chance to keep all your tenants in 1 building. 4 units, 2 2edrooms, 2 1bedrooms, ideal for College Rentals as its close to current Rutgers Psicatway Medical School and Rutgers Univeristy in New Brunswick. There is a known structural issue Hard to find building with rear parking for tenants. Enjoy down town with Shops and Dining

Last Agent to Sell the Property

John Profaci

MID-STATE REALTY Listed on: 12/06/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,923

Year Built

  • Built in 1918

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions are 75x97

Interior Spaces

  • 3,556 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Location

  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Gas Water Heater

Community Details

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

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks), unit 3 owner pays(see remarks), unit 4 owner pays(see remarks)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,923

Year Built

Built in 1918

Lot Details

7,275 Sq Ft Lot

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.167
  • Lot Size: 75X97
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1918
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • 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)
  • Has Basement: Full
  • Basement YN: No
  • Full Bathrooms: 7
  • Total Bedrooms: 7
  • Interior Amenities: Unit 1(1 Bedroom,2 Bedrooms), Unit 2(1 Bedroom,2 Bedrooms), Unit 3(1 Bedroom,2 Bedrooms), Unit 4(2 Bedrooms)
  • Living Area: 3556
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 7275
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 19923
  • Tax Year: 2021

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2024
Sold by
52 Cedar Llc
Bought by
Triple C Housing Inc
Current Estimated Value
$1,107,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$298,240
Interest Rate
9.3%
Estimated Equity
$809,093

Purchase Details

Closed on
Apr 22, 2024
Sold by
52 Cedar Llc
Bought by
Cedar Avenue Residences Condominium

Purchase Details

Listed on
Dec 6, 2021
Closed on
Dec 6, 2023
Sold by
52-54 Cedar Avenue Llc
Bought by
52 Cedar Llc
Seller's Agent
John Profaci
MID-STATE REALTY
List Price
$799,000
Sold Price
$710,000
Premium/Discount to List
-$89,000
-11.14%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.02%
Original Mortgage
$907,100
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2013
Sold by
Scott Katherine
Bought by
52-54 Cedar Avenue Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Triple C Housing Inc $1,520,000 M A D Title Agency
Triple C Housing Inc $1,520,000 M A D Title Agency
Cedar Avenue Residences Condominium -- None Listed On Document
Cedar Avenue Residences Condominium -- None Listed On Document
52 Cedar Llc $710,000 None Listed On Document
52-54 Cedar Avenue Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Triple C Housing Inc $300,000
Closed Triple C Housing Inc $300,000
Previous Owner Triple C Housing Inc $1,576,202
Previous Owner 52 Cedar Llc $907,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $710,000 -11.1% $200 / Sq Ft
07/18/2022 07/18/22 For Sale $799,000 0.0% $225 / Sq Ft
04/26/2022 04/26/22 Off Market $799,000 -- --
12/06/2021 12/06/21 For Sale $710,000 -- $200 / Sq Ft
Source: All Jersey MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,238 $750,900 $205,300 $545,600
2024 $18,757 $750,900 $205,300 $545,600
2023 $18,757 $750,900 $205,300 $545,600
2022 $19,944 $234,000 $81,200 $152,800
2021 $19,677 $234,000 $81,200 $152,800
2020 $19,677 $234,000 $81,200 $152,800
2019 $19,691 $234,000 $81,200 $152,800
2018 $19,130 $234,000 $81,200 $152,800
2017 $18,383 $234,000 $81,200 $152,800
2016 $18,481 $234,000 $81,200 $152,800
2015 $17,789 $234,000 $81,200 $152,800
2014 $17,499 $234,000 $81,200 $152,800
Source: Public Records

Agents Affiliated with this Home

  • John Profaci

    Seller's Agent in 2023

    John Profaci

    MID-STATE REALTY

    (908) 692-5419

    1 in this area

    99 Total Sales

    John Profaci
    Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2250793M

All Jersey MLS

APN: 07-01801-0000-00013

New Jersey Middlesex County Highland Park 08904

54 Cedar Ave, Highland Park, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

All Jersey MLS The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided.
Copyright 2026, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved
The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.