1020 Raritan Avenue, Highland Park, NJ 08904

$983,650
6
BD
5
BA

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Sold Price
$983,650
List Price
$1,100,000
Status
CLOSED
Days on Market
203
Closing Date
Dec 22, 2025
MLS#
22516157
Subtype
Residential Income
Year Built
1955
Bedrooms
6
Bathrooms
5
Full Baths
5
Acres
0.12
MLS Area Major
Highland Park (HIP)

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

Taxes
$18,426
Flooring
Ceramic Tile, Wood, Laminate
Air Conditioning
Other, Multi Units
Garage Spaces
2

Listing courtesy of RE/MAX Innovation. Contact:

Selling Office: NON MEMBER.

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