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    1020 Raritan Ave Highland Park, NJ 08904

    Under Contract
    For Sale
    $1,100,000

    4 Family - Highland Park, NJ

    Property size:
    4,914 SF
    Lot size:
    0.12 Acres
    Days on Market:
    70
    Last Refresh:
    Dec 7 at 12:06 pm

    Property Features for 1020 Raritan Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    0703801000000005
    Parking features
    Garage
    Size
    4,914 SF
    Lot size
    0.12 Acres

    Building Details

    Year built
    1955
    Architectural style
    Other

    RE/MAX Innovation (732) 259-3522 [email protected]

    Listing agent SUSAN MARCRIE (732) 298-6006

    Listing date Sep 29, 2025

    MLS# 2514435R Listing URL

    Copyright © 2025 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highland Park Income Property

    This income-producing property is located in a vibrant town with sidewalks, near major transportation hubs such as the New Brunswick and Edison Train Stations, Rutgers University, and Robert Wood Johnson Medical Center. The all-brick building is well-maintained and offers earning potential and long-term value. The property includes one spacious 3-bedroom unit with private basement access, and three 1-bedroom/1-bathroom units. A versatile bonus space is suitable for a live-in super or owner's suite. All units are in excellent condition, with rental appeal and stable occupancy. The roof was replaced in 2020, and the property features a new hot water heater and an updated electric panel. Hardwood flooring and LVT plank flooring are present throughout. The owner/super unit has new LVT flooring and fresh paint, with two entrances. The property also includes a 2-car garage and a 2-car concrete driveway. This turnkey multi-family property offers cash flow and future appreciation in a sought-after location. The property is situated on a lot of approximately 0.124 acres and the building size is approximately 4914 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4189072
    Latitude
    40.5032605

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained 4-unit property near transportation and universities.
    Where is this quadplex located?
    The property is located at 1020 Raritan Ave Highland Park, NJ.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Prime location near major transportation (New Brunswick & Edison Train Stations), Rutgers University, and Robert Wood Johnson Medical Center.; - Income-producing property with strong rental appeal and stable occupancy.; - Well-maintained all-brick building featuring one 3-bedroom unit, three 1-bedroom units, and a versatile bonus space.
    (732) 298-6006
    Request Owner's contact information
    1020 Raritan Ave Highland Park, NJ 08904
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    Highland Park, NJ 08904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1020 Raritan Ave Highland Park, NJ 08904
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