Property
Highland Park, NJ 08904 1020 Raritan Avenue
$1,100,000
66 more
Presented By: RE/MAX INNOVATION
Beds • 6
Baths • 4
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
Interior Features for 1020 Raritan Avenue
Bedrooms
Total Bedrooms
Bathrooms
Half Baths0
Total Baths
Other Interior Features
BasementPartial, Interior Entry
FlooringUnit 2 Carpet, Unit 3 Carpet
Heating Y/NYes
Interior AmenitiesUnit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 4(1 Bedroom, Kitchen, 1 Bath, Living Room)
Total Stories3
General for 1020 Raritan Avenue
AppliancesWater Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator), Unit 4(Range/Oven)
Attached Garage Yes
Carport Spaces
Carport Y/NNo
CityHighland Park
Close Price
Community FeaturesCurbs, Sidewalks
CoolingA/C Central - All, Ceiling Fan(s), A/C Wall Unit(s), A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit), Unit 3(A/C Unit), Unit 4(A/C Unit)
CountyMiddlesex
Full Baths
Garage Spaces2
Garage Y/NYes
Gas Y/NNatural Gas
HeatingRadiators-Steam
Living Area UnitsSquare Feet
Lot Size Square Feet5401
ModificationTimestamp2025-08-14T17:23:28.000Z
Ok to LeaseUnit 1(Month-Month), Unit 2(Month-Month), Unit 4(Month-Month)
OwnerPaysUnit 1 Owner Pays(Electric), Unit 2 Owner Pays(Electric), Unit 3 Owner Pays(Electric), Unit 4 Owner Pays(Electric)
OwnershipFee Simple
Patio/Porch FeaturesPatio, Porch(es) - Open
Property Subtype4 Family
Property TypeResidential Income
RoofFlat
SewerPublic Sewer, Sewer Charge
Standard StatusActive Under Contract
StatusUnder Contract
Stories Count3
Tax Annual Amount18426
Tax Year2024
Total Rooms15
UtilitiesElectricity Connected, Natural Gas Connected
Virtual TourClick here
Year Built1955
Exterior for 1020 Raritan Avenue
Building Area Total4914
Covered Spaces2
Exterior AmenitiesPatio, Curbs, Porch(es) - Open, Sidewalk, Yard, Semi-Private Entry
Lot Dimensions90.00 x 0.00
Lot FeaturesNear Shopping, Near Train, Corner Lot, Near Public Transit
Lot Size Acres0.124
Lot Size Area0.124
Number of Separate Electric Meters5
Number of Separate Gas Meters1
Number of Separate Water Meters1
Parking FeaturesGarage, Attached, Detached, 3-4 Car Parking
Water SourcePublic
Additional Details
Price History
Tina Torres
Broker/Owner