Property
Highland Park Boro, NJ 08904 1020 Raritan Ave
$1,100,000
Pending
45 more
Presented By: RE/MAX INNOVATION; 732-298-6006
Beds • 6
Baths • 5
SQFT • 4,914
Garage • 2
Home Details
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.
Presented By: RE/MAX INNOVATION; 732-298-6006
Interior Features for 1020 Raritan Ave
Bedrooms
Total Bedrooms6
Unit 1 Beds Total1
Unit 2 Beds Total3
Unit 3 Beds Total1
Unit 4 Beds Total1
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 4 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
Unit 4 Levels1
UnitType1TotalRent0
UnitType2TotalRent0
UnitType3TotalRent0
Unit 4 Fireplaces0
Unit 4 Appl/EquipCarbon Monoxide Detector, Range/Oven - Electric, Smoke Detector
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Electric, Refrigerator, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
BasementPartial
Fuel TypeGas-Natural
Interior AmenitiesBlinds, Carbon Monoxide Detector, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors
Other Rooms
Unit 4 Rooms3
Unit 2 Rooms6
Unit 1 Rooms3
Unit 3 Rooms3
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living Room, Master Bedroom
Unit 2 Room DescriptionBedrooms, Dining Room, Eat-In Kitchen, Living Room, Master Bedroom, Sunroom
Unit 4 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
General for 1020 Raritan Ave
Architectural StyleFourplex
CoolingWindow A/C(s)
CountyMiddlesex
DirectionsUS-1 to Woodbridge Ave Drive to S 11th Ave in Highland Park. House will be on the left
Drive2 Car Width, Concrete
EasementUnknown
ExclusionsTVs and tenants personal property
Full Baths5
GarageDetached Garage
Garage Spaces2
Gross Income60880
Heating1 Unit, Radiators - Hot Water
Net Operating Income
Number Of Units Total4
Open Parking Spaces2
Operating Expense35236
Possessionclosing
RoofFlat
ServicesCable TV Available, Garbage Included
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount18425
Tax Assessed Value719200
Tax Lot5
Tax Year2024
Total Rooms16
Town #2107
TownshipHighland Park Boro
UtilitiesElectric, Gas-Natural
Water HeaterGas
Year Built1955
ZoningC
Exterior for 1020 Raritan Ave
Building Area Total4914
Exterior AmenitiesCurbs, Open Porch(es), Patio, Sidewalk
Exterior DescriptionBrick
Lot Dimensions60 X 90
Lot FeaturesCorner
Lot Size Acres0.12
Water SourcePublic Water, Water Charge Extra
Additional Details
Price History
Tina Torres
Broker/Owner