Property
Highland Park, NJ 08904 326-328 Cedar Avenue
$1,370,000
30 more
Presented By: RE/MAX INNOVATION
Beds • 10- Baths • 4
- SQFT • 4,544
- Garage • 2
Beds • 10
Baths • 4
SQFT • 4,544
Garage • 2Home Details
Rare Three 3 bedroom units and One 1 bedroom unit $133,800 annual gross income!!!! Low insurance. Low maintenance. Dry basement, newer roof, maintenance free landscaping, 2 garages plus extra parking spaces. Garages $2,400 yrly. Tenants pay electric and gas. This well-maintained, income-producing 4-family property is in excellent condition and ideally located near public transportation (bus and train), major shopping centers, Rutgers University, and local hospitals. Each of the four apartments features separate utilities, newer windows, updated kitchens and flooring, and newer boilers and water heaters. The property includes a new garage roof and floor, freshly painted interiors, new toilets and plumbing, and comprehensive landscaping. Significant upgrades include complete replacement of metal plumbing with PVC piping, newer concrete work, and a new roof (2021). Additional features include dual entrances for all ground-floor units, a brand-new coin-operated washer and dryer hookup in the basement, and ample storage space. With one water meter and individual electric meters for each unit, this property offers both convenience and strong investment potential. Annual Income: $133,800
Presented By: RE/MAX INNOVATION
Interior Features for 326-328 Cedar Avenue
Bedrooms
Total Bedrooms
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
BasementFull, Exterior Entry, Storage Space, Tenant Use, Laundry Facilities
Heating Y/NYes
Interior AmenitiesUnit 1(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 4(3 Bedrooms, Kitchen, 1 Bath, Living Room)
Total Stories2
Window FeaturesScreens/Storms
General for 326-328 Cedar Avenue
AccessibilityUnit 1 Accessibility Features, Unit 2 Accessibility Features, Unit 3 Accessibility Features, Unit 4 Accessibility Features
AppliancesWater Heater(See Remarks, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven), Unit 4(Range/Oven, Refrigerator)
Attached Garage No
Carport Spaces
Carport Y/NNo
CityHighland Park
Close Price
Community FeaturesCurbs, Sidewalks
CoolingCeiling Fan(s), None, A/C Window Unit(s)
CountyMiddlesex
Full Baths
Garage Spaces2
Garage Y/NYes
Gas Y/NNatural Gas
HeatingRadiant, Radiators-Steam
Living Area4544
Living Area UnitsSquare Feet
Lot Size Square Feet5001
OwnerPaysUnit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks), Unit 3 Owner Pays(See Remarks), Unit 4 Owner Pays(See Remarks)
OwnershipFee Simple
Patio/Porch FeaturesPatio, Porch(es) - Open, Porch
Property Subtype4 Family
Property TypeResidential Income
RoofAsphalt
SewerPublic Sewer
Standard StatusActive Under Contract
StatusUnder Contract
Stories Count2
Tax Annual Amount23084
Tax Year2024
Total Rooms22
UtilitiesUnderground Utilities
Virtual TourClick here
Year Built1928
Exterior for 326-328 Cedar Avenue
Building Area Total4544
Covered Spaces2
Exterior AmenitiesPatio, Curbs, Porch(es) - Open, Sidewalk, Yard, Porch, Private Entrance, Screens/Storms
Lot Dimensions100.00 x 50.00
Lot FeaturesNear Shopping, Near Train, Level, Near Public Transit
Lot Size Acres0.1148
Lot Size Area0.1148
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Parking FeaturesGarage, Detached, 1-2 Car Parking, On Street
Water SourcePublic
Additional Details
Price History
Tina Torres
Broker/Owner