1020 Raritan Ave Highland Park, NJ 08904
Property details
About 1020 Raritan Ave
Fantastic income-producing property located in a vibrant, sidewalk town near major transportation hubs (New Brunswick and Edison Train Stations), Rutgers University, Robert Wood Johnson Medical Center. This well-maintained all-brick building offers outstanding earning potential and long-term value. The property features one spacious 3-bedroom unit with private basement access, three well-appointed 1-bedroom/1-bathroom units, and a versatile bonus space ideal for a live-in super or owner's suite. All units are in excellent condition, with strong rental appeal and stable occupancy. The roof has been replaced in 2020, new hot water heater, updated electric panel, hardwood flooring and LVT plank flooring. Owner/super unit has new LVT flooring and freshly painted with two entrances. Property also offers a 2 car garage and 2 car concrete driveway. Whether you're expanding your portfolio or seeking a smart first investment, this turnkey multi-family offers both immediate cash flow and future appreciation in a sought-after location.
Highlights
Summary
- Full Bathrooms: 5
- Basement: Yes
- Flooring Type: Wood, Laminate, Ceramic Tile
- Total Bedroom Count: 6
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Detached
- Cooling: Multi Unit(s), Other
- List Price: $1,100,000
- Price/SqFt: $223
- Annual Tax Amount: $17,965
- Tax Year: 2024
- Year Built: 1955
- Living Area: 4,914 SqFt
- Lot Size: 0.12 Acres
- MLS Number: 22516157
- MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
- Office Name: RE/MAX Innovation
- Listing Agent: Susan Marcrie
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 12:50:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,100,000
1020 Raritan Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $719,200 | $17,965 |
| 2022 | $167,700 | $14,293 |
| 2021 | $167,700 | $14,101 |
| 2020 | $167,700 | $14,111 |
| 2019 | $167,700 | $13,709 |
History based on county public records data.
Nearby schools
4
Bartle Elementary School
Public District 2-5
0.5 mi
•435 Mansfield St
5
Lindeneau Elementary School
Public District KG-5
0.6 mi
•50 Blossom St
6
John Marshall Elementary School
Public District KG-5
0.6 mi
•15 Cornell St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $144,773. The majority of Highland Park, NJ residents have income between $100k-200k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Men's Tennis
Skiing/snowboarding
Hiking/backpacking
Where do the neighbors shop?
Bloomingdales
Nordstrom
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Chipotle
What do the neighbors drive?
Lexus
BMW
Mazda
What do the neighbors listen to?
News
Talk/Personality
Rock
This home is located at 1020 Raritan Ave in Highland Park, NJ and zip code 08904. This 4,914 square foot home, which was built in 1955, sits on a 0.12 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 2, 2025 and is currently priced at $1,100,000.
While more than 4 listings in Highland Park, NJ in May 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below. The inventory of homes for sale in Highland Park, NJ between April and May 2025 increased by 25.9%. While the average time on the market in May 2025 was 18 days, the median list price was $580,000.