#2511602R, Listing Office: CENTURY 21 J.J. LAUFER
311 Magnolia St Highland Park, NJ 08904
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
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
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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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$780,000
311 Magnolia St
$9,263
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 02, 2021 | Home Sold | $610,000 |
Tax history
Year | Assessment | Property 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.
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.
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.