414 Raritan Street, Highland Park, NJ 08904
SINGLE_FAMILY - Highland Park, NJ
- Added:
- Mar 17, 2026
- Days on Market:
- 62
- Last Refresh:
- May 17 at 12:06 pm
Property Features for 414 Raritan Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- On Street, Open
- Security features
- Security System
- Interior features
- Storage Area Leased
- Exterior features
- Security System
- Standard status
- Active
- Size
- 1,000 SF
Utilities
- Heating system
- Hot Water(Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Additional Structures
- Storage
Listing agent Michael Mcdonald (732) 549-1998
Listing office KELLER WILLIAMS ELITE REALTORS 481 MEMORIAL PARKWAY, Metuchen, NJ (732) 549-1998
Listing date Mar 17, 2026
Copyright © 2026 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.
HighLights
- Established Business: Benefit from a 20‑year‑old antique store with a loyal, year‑round clientele.
- Prime Location: High‑traffic, main street location in Highland Park, NJ, with high visibility.
- Diverse, High‑End Inventory: Features Giovanni wedding dresses, fine jewelry, luxury furs, Waterford crystal, and art.
- Immediate Revenue Streams: Enjoy substantial revenue potential through in‑store and online sales.
- Growth Potential: High potential for expanding online sales channels using existing inventory.
- Turnkey Opportunity: Ideal for experienced retailers or passionate entrepreneurs.
Overview
Financial Insights
Value Estimation Calculated for Retail
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.6k | $21.60 |
| − Vacancy | −$1.2k | −$1.21 |
| EGI | $20.4k | $20.39 |
| − OpEx | −$6.1k | −$6.12 |
| NOI | $14.3k | $14.27 |
Alternative Use Scenarios
Current Use by Public Records
Similar Places Nearby
- Highland Flower — 75 Raritan Ave, Highland Park, NJ 08904
- Avalon Designs LLC — 114 Raritan Ave, Highland Park, NJ 08904
Map
- City
- Highland Park
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.4284
- Latitude
- 40.5001