$780,000

311 Magnolia St Highland Park, NJ 08904

$9,263
Closing credit¹
0 beds
3,579 sqft
0.1 acres
$218 / sqft
Multi-Family

Property details

About 311 Magnolia St

RARE opportunity to own a well-maintained four-family in Highland Park, NJ! Fully tenant-occupied for $6250/mo with plenty of room to raise the rents and add value. Great location around the block from downtown Highland Park, where Raritan Ave features a wide variety of shops and restaurants. Enjoy a quiet block while just 1 mile from Rutgers University, Johnson & Johnson World Headquarters, RWJ Hospital, and New Brunswick train station with a direct train into NYC, Princeton Junction, and more. Parking is available for all units in the back. Laundry is accessible to all units in the basement. Passed NJ state inspection a few months ago. Solar panels power the common areas & two front units, loan for solar panels to be transferred to buyer. Selling AS-IS

Highlights

Home typeMulti Family
HeatingBaseboard
StatusActive
Size3,579 sqft
Lot size0.1205 Acres
Year built1925
Parking4(+)Car Parking, Paved
MLS #2511721R

Summary

  • Appliances: Water Heater
  • Interior: Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 3(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 4(1 Bedroom,Kitchen,1 Bath,Living Room)
  • Parking: 4(+)Car Parking, Paved
  • Heating: Baseboard
  • Cooling: None
  • List Price: $780,000
  • Price/SqFt: $217
  • Annual Tax Amount: $18,897
  • Tax Year: 2024
  • Lot: See Remarks
  • Year Built: 1925
  • Stories: 2
  • Living Area: 3,579 SqFt
  • Lot Size: 0.1205 Acres
  • MLS Number: 2511721R
  • MLS Name: CJMLS API
  • Office Name: TVERDOV HOUSING

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2025, 2:20:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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311 Magnolia St, Highland Park, NJ 08904 - view of traditional style home

$780,000

311 Magnolia St

$9,263

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 02, 2021
Home Sold
$610,000

Tax history

YearAssessmentProperty Tax
2024$756,500$18,897
2022$160,300$13,662
2021$160,300$13,479
2020$160,300$13,489
2019$160,300$13,104

History based on county public records data.

Nearby schools

4

Bartle Elementary School

Public District 2-5

0.2 mi

435 Mansfield St

4

Lord Stirling Community School

Public District PK-5

0.9 mi

101 Redmond St

5

Lindeneau Elementary School

Public District KG-5

1.1 mi

50 Blossom St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $106,888. Residents of Highland Park, NJ typically earn between $100k-200k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

20%
<35k
27%
35k-100k
36%
100k-200k
17%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

44%
Single, No Kids
6%
Single, with Kids
28%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
41%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • H&MH&M

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • VolvoVolvo
  • MazdaMazda
  • AudiAudi

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 311 Magnolia St in Highland Park, NJ and zip code 08904. This 3,579 square foot home, which was built in 1925, sits on a 0.12 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $780,000.

Over 1 listings were sold over their listed price in April 2025 in Highland Park, NJ. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Highland Park, NJ increased by 17.4% between March and April 2025. While the average time on the market in April 2025 was 101 days, the median list price was $580,000.

From Rocket Homes Real Estate and based on county public records data.

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