1020 Raritan Avenue
Highland Park, NJ 08904
4914 sqft | 0.12 acres | #2514435R
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.
Property Details
- InteriorUnit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(1 Bedroom, Kitche
- Exterior FeaturesPatio, Curbs, Porch(es) - Open, Sidewalk, Yard, Semi-Private Entry
- Lot DescriptionNear Shopping, Near Train, Corner Lot, Near Public Transit
- Parking FeaturesGarage, Attached, Detached, 3-4 Car Parking
- Utility FeaturesElectricity Connected, Natural Gas Connected
- FloorsUnit 2 Carpet, Unit 3 Carpet
- Sewer InformationPublic Sewer, Sewer Charge
- BasementPartial, Interior Entry
- Community FeaturesCurbs, Sidewalks
- HeatingRadiators-Steam
- GasNatural Gas
- OwnershipFee Simple
- CountyMiddlesex
- MLS #2514435R
- Property Subtype4 Family
- MLS #2514435R
- Taxes Annual$18,426
- Cost1100000
- Parking TypeGarage
- Utility SourcePublic
- WaterPublic
- Acres0.124
- Square Feet4914
- Year Built1955
- RoofFlat
- Stories3
- Parking Spaces2
Location
Legal
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Last Updated:Â . Source: AJMLS
Listing Courtesy
Listing Agent: SUSAN MARCRIEÂ (#SUSAMARC)
Listing Office: RE/MAX INNOVATION (#RMIN)
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