801 Raritan Ave, Highland Park, NJ 08904-2906
- Commercial real estate
- 0.29 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 801 Raritan Ave
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.29 lot acres
- Property type
- Commercial real estate
- APN
- 07 01303-0000-00025
- APU
- 701303000000025
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 9, 2021 | — | 801 Raritan Ave LLC | — | Deed · related | $50k · Magyar Bank |
| Jan 26, 2021 | $500,000 | 801 Raritan Ave LLC | K P M Auto INC | Deed | $375k · Magyar Bank |
Description
This exceptional executive office space at 801 Raritan Avenue, Highland Park, New Jersey, 08904, is offered for sale at $95,000. The property represents a turnkey business opportunity, established 30 years ago as Metuchen Rent-A-Car and currently operating as Hogan Auto Repair's successful car rental subsidiary for the past decade. This ongoing, profitable venture boasts a consistent client base, including 10 active corporate accounts, maintaining its original phone number and dedicated website. The sale includes 10 rental vehicles, each equipped with GPS tracking. The business generates a gross monthly revenue of $8,000. This presents a unique chance to acquire a well-established, profitable enterprise with a proven track record in a prime Highland Park location. The property's address is conveniently located at 801 Raritan Avenue, within Middlesex County. The building's year of construction is not specified. This is an ideal investment for an entrepreneur seeking a ready-made business with immediate income potential. The property is categorized as an executive office and offers a significant return on investment. Further details are available upon request.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $540,000
- ML approach
- $540,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Highland Park
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.4213
- Latitude
- 40.5021
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
