1149 Raritan AveHighland Park, NJ 08904

For Sale
$988,888

Retail & Land Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
93
This Highland Park, NJ property, located at 1604 Raritan Avenue (08904), offers a unique investment opportunity. Priced at $988,888, the 0.103-acre lot includes a 1-story, 1950-built building featuring an 800 sq ft rear rental unit currently leased at $2,200/month (heat included, tenant pays utilities) with an 18-month lease remaining. The main building has one hot water baseboard heating system with a separate thermostat, and the rental unit has separate central air conditioning, while the front unit has a wall air conditioner. The property also boasts an 800-1000 sq ft rear garage with two electric overhead remote-controlled doors and parking for four commercial trucks. A 6x8 concrete loading dock is conveniently located on the building's side. A 150 ft. radio tower (previously rented to a mobile phone company) is situated at the rear of the property, though currently not in use. The building is environmentally compliant, with all necessary permits obtained. Street gas is available for connection

Property Details for 1149 Raritan Ave

Property type
Other retail properties, Other land
Year Built
1950
Stories
1

Location Insight

City
Highland Park
County
Middlesex
State
New Jersey
Latitude
40.5052067
Longitude
-74.4170455
1149 Raritan Ave, Highland Park, New Jersey

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1149 Raritan Ave
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