1020 Raritan Ave
Highland Park Boro, NJ 08904
Price: $1,100,000
GSMLS: 3966880Type: Multi-Family
Style: Fourplex
Total Units: 4
Beds: 6
Baths: 5 Full
Garage: 2-Car
Year Built: 1955
Acres: 0.12
Property Tax: $18,425
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.
General Info
Style:
Fourplex
SqFt Building:
4,914
Total Rooms:
16
Basement:
Yes - Partial
Interior:
Blinds, Carbon Monoxide Detector, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors
Roof:
Flat
Exterior:
Brick
Lot Size:
60 X 90
Lot Desc:
Corner
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
2 Car Width, Concrete
Spaces Available:
2
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Electric, Refrigerator, Smoke Detector
Utilities:
Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Master Bedroom, Sunroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
Utilities:
Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
Utilities:
Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Unit 4
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Electric, Smoke Detector
Utilities:
Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Utilities
Heating:
1 Unit, Radiators - Hot Water
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
Gas
Water:
Public Water, Water Charge Extra
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Cable TV Available, Garbage Included
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Middlesex
Town:
Highland Park Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$1,100,000
Tax Amount:
$18,425
Land Assessment:
$157,800
Build. Assessment:
$561,400
Total Assessment:
$719,200
Tax Rate:
2.56
Tax Year:
2024
Listing Information
MLS ID:
3966880
List Date:
06-03-2025
Days On Market:
3
Listing Broker:
RE/MAX INNOVATION
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: GlenmontCommons.com
