1020 Raritan Avenue
Highland Park, NJ 08904
Map
- – beds
- – baths
- 4,914 sqft
- 5,401 sqft lot
- $223 per sqft
- 1955 build
- – on site
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.
Last checked:
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Last updated Jun 4, 2025
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MLS# 2514435R —
This property is listed in more than one place. See it here.
The Building
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Year Built:1955
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Roof:Flat
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Stories:3
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Stories Total:3
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Basement:Partial
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Exterior Features:Patio
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Patio And Porch Features:Patio
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Building Area Total:4914
Interior
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Interior Features:Unit 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)
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Flooring:Unit 2 Carpet
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Living Area:4914
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Rooms Total:15
Room Dimensions
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Living Area Units:Square Feet
Financial & Terms
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Lease Term:Unit 1(Month-Month),Unit 2(Month-Month),Unit 4(Month-Month)
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Ownership:Fee Simple
Location
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Latitude:40.5032605
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Longitude:-74.41890719999999
The Property
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Property Type:Residential Income
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Property Subtype:4 Family
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Parcel Number:0703801000000005
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Lot Features:Near Shopping
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Lot Size Area:0.124
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Lot Size Acres:0.124
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Lot Size SqFt:5,401 Sqft
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Lot Size Dimensions:90.00 x 0.00
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:$18,426
The Listing
Heating & Cooling
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Heating:Radiators-Steam
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Heating:true
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Cooling:A/C Central - All, Ceiling Fan(s), A/C Wall Unit(s), A/C Window Unit(s)
Utilities
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Utilities:Electricity Connected
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Sewer:Public Sewer
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# of Separate Electric Meters:5
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# of Separate Water Meters:1
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Water Source:Public
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Gas:Natural Gas
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# of Separate Gas Meters:1
Appliances
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Appliances:Water Heater(Gas)
The Community
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Community Features:Curbs
Parking
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Parking Features:Garage
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Garage:true
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Attached Garage:true
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Garage Spaces:2
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Carport:false
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Covered Spaces:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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5/31/25
May 31, 2025
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Listed / Active | AJMLS | $1,100,000 |
