320 Raritan AveHighland Park, NJ 08904

  • Commercial real estate
  • 0.31 AC
For Lease
$31.92/SF/YR View listing

Property Details for 320 Raritan Ave

Year built
1962
Construction
BRICK
Lot size
0.31 AC
Property type
Commercial real estate
APN
07 03001-0000-00024
APU
703001000000024

Description

This exceptional executive office space in Highland Park, New Jersey, offers a total of 1,222 square feet currently available for lease. Located at 320 Raritan Ave, zip code 08904, in Middlesex County, this property is ideal for businesses seeking flexible and modern office solutions. The building features multiple tenancy options, allowing for customization to suit various needs. Individual suites range from a minimum of 134 square feet to a maximum contiguous space of 408 square feet, providing ample room for small to medium-sized businesses. The entire 1,222 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual suites. This prime location in Highland Park offers easy access to major transportation routes, making it a convenient and attractive option for commuters. The property is classified as an office building with an executive office subtype, ensuring a professional and sophisticated work environment. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure high-quality office space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,554,728
    Hospitality
    $2,340,117
    Educational
    $1,946,950
    Medical
    $2,013,909
    Retail
    $3,028,589

Location Insight

City
Highland Park
County
Middlesex
State
New Jersey
Latitude
40.4991
Longitude
-74.4269
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$65,591
$396,000
$2,661,000
$3,057,000
-
$396,000
$2,661,000
$3,057,000

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