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223 Raritan Avenue #1, Highland Park, NJ 08904

Highly visible ground-floor unit suitable for various commercial uses.

Property Size4,800 SF
Days on Market142

Property Features for 223 Raritan Avenue #1

General Information

Standard status Active
Size 4,800 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $14,949

Amenities

Central air
A/C Central - Some Cooling
Asphalt Roof
Concrete Flooring
On Street
Paved
Separate Control Heating
Separate Furnaces Heating

Building Details

Year Built 1930
Listing Agency: TESLA REALTY GROUP LLC
Listed By: YONGMEI TAN
Source: Corcoran
Added: Apr 15 Changed: Sep 3 Last Checked: Sep 2 at 7:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TESLA REALTY GROUP LLC

Investment Insights

Based on property information with market context.

An opportunity exists to establish a business at a visible location on Raritan Avenue in Edison. The ground-floor unit provides approximately 1,350 square feet of flexible space. It is suitable for a range of commercial uses, including restaurant, salon, retail shop, and office. The location benefits from high foot traffic and vehicle exposure on Raritan Avenue.

Key Highlights

  • Highly visible location on Raritan Avenue.
  • High foot traffic and vehicle exposure.
  • Approximately 1,350 square feet of flexible space.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Catering Service Carpet & Flooring Store Butcher Nursing Home Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,248
Businesses Nearby
32k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 48% Shops & Services 40% Dining 12%
Superfresh Groceries
15,207 visits/mo 0.2 miles
Lukoil Shops & Services
7,194 visits/mo 0.4 miles
Bank of America Shops & Services
5,463 visits/mo 0.4 miles
Papa John's Pizza Dining
2,482 visits/mo 0.3 miles
Pad Thai Dining
1,395 visits/mo 0.1 miles

Demographics for 08904, NJ

15,072
Population
6,858
Households
2.2
Avg Household Size
36
Median Age
70%
College-Educated
94%
High-School Grad
1.8 sq mi
ZIP Area
8,373
Density / Sq Mi
$101,991
Median Household Income
$58,786
Median Earnings
$1,881
Median Rent
$463,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Highly visible ground-floor unit suitable for various commercial uses.
Where is this retail space located?
The property is located at 223 Raritan Avenue #1 Highland Park, NJ.
What are key features of this property?
This property features: Highly visible location on Raritan Avenue.; High foot traffic and vehicle exposure.; Approximately 1,350 square feet of flexible space.
More about this property
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