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Sold for $983,650
    • $983,650

    1020 Raritan Ave, Highland Park, NJ 08904

    6beds
    5baths
    4,914sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $1,130,300 Zestimate®
    $200/sqft
    $2,541 Estimated rent

    Home value

    $1,130,300

    $1.04M - $1.23M

    $2,541/mo

    Zestimate® history
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    $2,541/mo

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    $7,057/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    SUSAN MARCRIE,

    RE/MAX INNOVATION

    Source: All Jersey MLS,MLS#: 2514435RMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    Heating
    • Radiators-Steam
    Cooling
    • A/C Central - All, Ceiling Fan(s), A/C Wall Unit(s), A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit), Unit 3(A/C Unit), Unit 4(A/C Unit)
    Appliances
    • Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator), Unit 4(Range/Oven)
    Features
    • Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 4(1 Bedroom, Kitchen, 1 Bath, Living Room)
    • Flooring: Unit 2 Carpet, Unit 3 Carpet
    • Basement: Partial, Interior Entry
    Interior area
    • Total structure area: 4,914
    • Total interior livable area: 4,914 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Attached, Detached, 3-4 Car Parking
    • Attached garage spaces: 2
    Features
    • Stories: 3
    • Patio & porch: Patio, Porch(es) - Open
    • Exterior features: Patio, Curbs, Porch(es) - Open, Sidewalk, Yard, Semi-Private Entry
    Lot
    • Size: 5,401 Square Feet
    • Dimensions: 90.00 x 0.00
    • Features: Near Shopping, Near Train, Corner Lot, Near Public Transit
    Details
    • Parcel number: 0703801000000005

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Flat
    Condition
    • Year built: 1955

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer, Sewer Charge
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    Location
    • Region: Highland Park

    Financial & listing details

    • Price per square foot: $200/sqft
    • Tax assessed value: $719,200
    • Annual tax amount: $18,426
    • Date on market: 5/30/2025
    • Ownership: Fee Simple
    • Lease term: Unit 1(Month-Month),Unit 2(Month-Month),Unit 4(Month-Month)
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/21/2026Listing removed$2,000
    Source: All Jersey MLS #2615112R Report a problem
    7/8/2026Listed for rent$2,000-39.4%
    Source: All Jersey MLS #2615112R Report a problem
    7/8/2026Listing removed$3,300$1/sqft
    Source: All Jersey MLS #2613955R Report a problem
    5/18/2026Price change$3,300-8.3%$1/sqft
    Source: All Jersey MLS #2613955R Report a problem
    5/7/2026Price change$3,600+80%$1/sqft
    Source: All Jersey MLS #2613955R Report a problem
    5/4/2026Price change$2,000-47.4%
    Source: All Jersey MLS #2615112R Report a problem
    4/15/2026Listed for rent$3,800$1/sqft
    Source: All Jersey MLS #2613955R Report a problem
    12/22/2025Sold$983,650-10.6%$200/sqft
    Source: All Jersey MLS #2514435R Report a problem
    8/14/2025Pending sale$1,100,000$224/sqft
    Source: GSMLS #3966880 Report a problem
    8/14/2025Contingent$1,100,000$224/sqft
    Source: All Jersey MLS #2514435R Report a problem
    6/1/2025Listed for sale$1,100,000$224/sqft
    Source: All Jersey MLS #2514435R Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,426 $719,200
    2024$18,426 +339.8%$719,200 +328.9%
    2023$4,189 -70.7%$167,700
    2022$14,293 +1.4%$167,700
    2021$14,102 --
    2020$14,102 +2.9%$167,700
    2019$13,709 $167,700
    2018$13,709 +3.5%$167,700
    2017$13,245 +3.9%$167,700
    2016$12,749 +1.7%$167,700
    2015$12,541 +4.4%$167,700
    2014$12,017 +4.6%$167,700
    2012$11,494 +3.2%$167,700
    2011$11,139 +2.4%$167,700
    2010$10,879 +3%$167,700
    2009$10,567 $167,700
    2008-- $167,700
    2007-- $167,700
    2006-- $167,700
    2005-- $167,700
    2004$8,653 $167,700
    2003-- $167,700
    2002-- $167,700
    2001-- $167,700
    Find assessor info on the county website

    Neighborhood: 08904

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    Estimated market value
    $1,130,300
    Get a cash offer in 3 minutes
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    Estimated market value
    $1,130,300

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