50
See all 50 photos
$1,100,000
Est. payment /mo
6 Beds
5 Baths
4,914 SqFt
Active
1020 Raritan Ave Highland Park Boro, NJ 08904
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,914 sqft
Price per Sqft $223
MLS Listing ID 3966880
Style Fourplex
Bedrooms 6
Full Baths 5
Year Built 1955
Annual Tax Amount $18,425
Tax Year 2024
Lot Size 5,227 Sqft
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.
Location
State NJ
County Middlesex
Zoning C
Rooms
Basement Partial
Interior
Interior Features Blinds, Carbon Monoxide Detector, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Brick
Parking Features Detached Garage
Garage Spaces 2.0
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Lot Description Corner
Sewer Public Sewer
Water Public Water, Water Charge Extra
Architectural Style Fourplex
Others
Senior Community No
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