1149 Raritan Avenue Highland Park, NJ 8904

This mixed-use property, owned since 1958, offers a range of features and income potential. The building does not have gas, but gas is available in the street for hookup. A rear rental unit of 800 square feet generates $2,200 per month, inclusive of heat, with the tenant responsible for utilities. The rear unit is accessible from the Lexington Avenue side. The property features hot water baseboard heat with a separate thermostat. The rental unit has separate central air, while the front unit is equipped with a wall air conditioner. The owner covers the heat and hot water expenses for the rental unit. The building has all approved permits. The rear garage provides approximately 800-1000 square feet of space and includes two electric overhead remote controls, accommodating parking for four commercial trucks. A 6x8 loading dock is situated on the side of the building, leading to the front unit. A 150-foot radio tower, currently not in use but previously rented to a mobile phone company, is located at the rear of the building. The rental lease on the rear unit has 18 months remaining before termination. All permits for occupancy have been obtained. The owner may require up to six months to relocate and may need a use of occupancy if necessary. The property size is 2800 square feet.