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For sale
  • $1,100,000

    1020 Raritan Ave, Highland Park, NJ 08904

    6beds
    4baths
    4,914sqft
    : 
    Multi Family
    Built in 1955
    -- sqft lot
    $1,065,300 Zestimate®
    $224/sqft
    $-- HOA

    What's special

    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.
    11 days
    on Zillow
    |
    932
    |
    40
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    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#: 2514435RMLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1020 Raritan Ave.

    Next available tour time:Tomorrow at 10am

    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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