For Sale
$1,200,000

325 Raritan Ave Highland Park, NJ 08904

Prime NJ location, high rental potential.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional commercial land parcel, located at 325 Raritan Avenue in Highland Park, New Jersey (zip code 08904), presents a unique investment opportunity. The 0.193-acre site currently features three existing structures: two 3-bedroom apartments and a potential efficiency unit. A vacant 1200 square foot retail space is also available, offering significant potential for additional income generation. Each apartment has separate electric, heat, and gas meters, ensuring independent utility management. The property is up to code and has recently completed the required 5-year state inspection. Rental income projections include $560 for the efficiency unit, $3400 for one apartment, and $2500 for the other, with the potential for substantial additional revenue from the retail space. Apartment access varies

Highlights

  • 0.193-acre commercial land parcel at 325 Raritan Avenue, Highland Park, NJ 08904.
  • Three existing structures: two 3-bedroom apartments and a potential efficiency unit.
  • 1200 sq ft vacant retail space available.
  • Separate utilities (electric, heat, gas) for each apartment.
  • Property is up to code and recently passed its 5-year state inspection.

Property Details for 325 Raritan Ave

Property type
Land
Stories
2

Location Insight

City
Highland Park
County
Middlesex
State
New Jersey
Latitude
40.4997065
Longitude
-74.4268463

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FAQs

What type of property is this?
Land - Prime NJ location, high rental potential.
Where is the land located?
The property is located at 325 Raritan Ave Highland Park, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 0.193-acre commercial land parcel at 325 Raritan Avenue, Highland Park, NJ 08904.; Three existing structures: two 3-bedroom apartments and a potential efficiency unit.; 1200 sq ft vacant retail space available.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Louis Trenta
Visit Broker Website

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Raritan Ave
Highland Park, NJ 08904

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Raritan Ave
Highland Park, NJ 08904

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

325 Raritan Ave
  • Louis Trenta
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