$1,100,000

1020 Raritan Ave, Highland Park Boro, NJ 08904

  • 6 beds |
  • 5 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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 Status:
Active
Listing Office:
RE/MAX INNOVATION : 732-298-6006
MLS ID:
3966880
  • General: BlindsCarbon Monoxide DetectorSmoke DetectorTile FloorsWalk-In ClosetWood Floors
  • Basement: Partial
  • A/C: Window A/C(s)
  • Heating: 1 UnitRadiators - Hot WaterGas-Natural

This listing courtesy of RE/MAX INNOVATION

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

I

Irving Primary School

121 S 11th Ave, Highland Park, NJ, 08904

Grades PK-1

0.08 miles away

H

Highland Park Middle School

330 Wayne St, Highland Park, NJ, 08904

Grades 6-8

0.35 miles away

H

Highland Park High School

102 N 5th Ave, Highland Park, NJ, 08904

Grades 9-12

0.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.