1020 Raritan Avenue, Highland Park, NJ 08904

$983,650
6
BD
5
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$983,650
List Price
$1,100,000
Status
CLOSED
Type
Multifamily
MLS#
22516157
Closing Date
Dec 22, 2025
Beds
6
Baths
5
Region
Highland Park (HIP)
Year Built
1955

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.

Additional Information

Acres
0.12
Closing Date
Dec 22, 2025
Taxes
$18,426
Subtype
Four Family
Year Built
1955
Parking Driveway
Detached
Garage
Yes
Garage Capacity
2
Units
4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Innovation. Contact:

Selling Office: NON MEMBER.