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.
For sale
$1,100,000
1020 Raritan Ave, Highland Park, NJ 08904
6beds
4baths
4,914sqft
Est.:
Multi Family
Built in 1955
-- sqft lot
$1,065,300 Zestimate®
$224/sqft
$-- HOA
What's special
- 11 days
- on Zillow |
- 932 |
- 40 |
Zillow last checked: 7 hours ago
Listing updated: June 04, 2025 at 09:12am
Listed by:
Susan Marcrie,
RE/MAX INNOVATION 732-298-6006
Source: All Jersey MLS,MLS#: 2514435R

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Radiators-Steam
Cooling
- A/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)
Appliances
- Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator), Unit 4(Range/Oven)
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)
- Flooring: Unit 2 Carpet, Unit 3 Carpet
- Basement: Partial, Interior Entry
Interior area
- Total structure area: 4,914
- Total interior livable area: 4,914 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage, Attached, Detached, 3-4 Car Parking
- Attached garage spaces: 2
Features
- Stories: 3
- Patio & porch: Patio, Porch(es) - Open
- Exterior features: Patio, Curbs, Porch(es) - Open, Sidewalk, Yard, Semi-Private Entry
Lot
- Size: 5,401 Square Feet
- Dimensions: 90.00 x 0.00
- Features: Near Shopping, Near Train, Corner Lot, Near Public Transit
Details
- Parcel number: 0703801000000005
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Flat
Condition
- Year built: 1955
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer, Sewer Charge
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: Highland Park
Financial & listing details
- Price per square foot: $224/sqft
- Tax assessed value: $719,200
- Annual tax amount: $18,426
- Date on market: 5/30/2025
- Ownership: Fee Simple
- Lease term: Unit 1(Month-Month),Unit 2(Month-Month),Unit 4(Month-Month)
- Electric utility on property: Yes
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