#3966880, Listing office: RE/MAX INNOVATION
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: 7/24/2025, 1:40:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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 most common annual income of people living in Highland Park, NJ is between $100k-200k. Most families are married, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 1020 Raritan Ave
The listing price of 1020 Raritan Ave property is $1,100,000.
The property 1020 Raritan Ave is a multi located in Highland Park, New Jersey, 08904.
Active Listing: 1020 Raritan Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1020 Raritan Ave are: Bartle Elementary School (GreatSchools Rating 4/10), Lindeneau Elementary School (GreatSchools Rating 5/10), John Marshall Elementary School (GreatSchools Rating 6/10), Highland Park Middle School (GreatSchools Rating 3/10), Thomas Jefferson Middle School (GreatSchools Rating 5/10), Woodrow Wilson Elementary School (GreatSchools Rating 3/10), Highland Park High School (GreatSchools Rating 5/10), Middlesex County Vocational School Piscataway (GreatSchools Rating 4/10), Edison High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $17,965 (source: MLS/based on county public records data).
The property 1020 Raritan Ave is 4,914 SqFt (source: MLS/tax record).
The year of construction for 1020 Raritan Ave is 1955.
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.
In June 2025, from all listings sold in Highland Park, NJ there were more than 4 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. Between May and June 2025, Highland Park, NJ real estate market has seen increase in the number of listings by 17.6%. While the average time on the market in June 2025 was 65 days, the median list price was $575,000.