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1020 Raritan Avenue Highland Park, NJ 08904
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Key Details
Sold Price $983,650
Property Type Multi-Family
Sub Type Four Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,914 sqft
Price per Sqft $200
MLS Listing ID 22516157
Bedrooms 6
Full Baths 5
Year Built 1955
Annual Tax Amount $18,426
Tax Year 2024
Lot Size 5,227 Sqft
Property Sub-Type Four Family
Property 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.
Location
State NJ
County Middlesex
Area None
Interior
Cooling Multi Units, Other
Flooring Wood, Laminate, Ceramic Tile
Exterior
Parking Features Detached
Garage Spaces 2.0
Roof Type Flat
Building
Sewer Public Sewer
Water Public
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Bought with NON MEMBER
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