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Property profile & analytics
FOR LEASE
Commercial real estate

320 Raritan Ave Highland Park, NJ 08904

0.31 ac lot Built 1962
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-1260599
Property summary
AI-generated overview

This exceptional executive office space in Highland Park, New Jersey, offers a total of 1,222 square feet currently available for lease. Located at 320 Raritan Ave, zip code 08904, in Middlesex County, this property is ideal for businesses seeking flexible and modern office solutions. The building features multiple tenancy options, allowing for customization to suit various needs. Individual suites range from a minimum of 134 square feet to a maximum contiguous space of 408 square feet, providing ample room for small to medium-sized businesses. The entire 1,222 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual suites. This prime location in Highland Park offers easy access to major transportation routes, making it a convenient and attractive option for commuters. The property is classified as an office building with an executive office subtype, ensuring a professional and sophisticated work environment. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure high-quality office space in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1962
Construction BRICK
Lot 0.31 ac (13,500 SF)
APN 07 03001-0000-00024
UPID US59-1260599
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.46M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.23M
Owner & transaction history
Phoenix 320 324 Raritan Avenue Assc · 3 yrs held
Phoenix 320 324 Raritan Avenue Assc
since 2023
Last sale
$3.0M
3 recorded transactions
2023
$3.0M
2023
Price N/A
2010
$330,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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