321 Raritan Avenue | Highland Park

$939,900 | 2 Baths (2 Full) | 2,420 Sq. Ft.

**Prime Multi-Use Commercial & Investment Opportunity!** Unlock the potential of this versatile **multi-use/commercial property** offering a unique combination of income-producing space and future expansion opportunities. The property features **two existing units**, making it an excellent opportunity for an investor, owner-user, or entrepreneur looking to maximize the use of the building. The **upper level** offers a spacious **3-bedroom, 1-bath residential unit**, currently occupied by tenants with an existing **24-month lease**, providing immediate rental income and stability. The **lower level** is currently configured as professional **office space and is occupied by a dental office**, creating an additional income-producing component and adding flexibility for a variety of professional uses. Looking to expand? The **potential third-floor unit** offers an exciting opportunity to finish additional living or working space, subject to applicable zoning, permits, and approvals. An **unfinished basement** provides valuable additional space that can be utilized for storage, inventory, equipment, or other business needs. With multiple income streams, existing tenants, commercial functionality, and significant potential for future expansion, this property offers **flexibility, income, and opportunity in one package**. Whether you're an investor seeking cash flow or an owner-user looking for a property with room to grow, this is an opportunity worth exploring! CJMLS 2703461R

MLS Listing ID: 
CJMLS 2703461R
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$939,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Commercial
Primary Market Area: 
Highland Park
Address: 
321 Raritan Avenue, Highland Park, NJ 08904, U.S.A.
County: 
Middlesex
Latitude: 
40.4995974
Longitude: 
-74.4270469
Public Remarks: 
**Prime Multi-Use Commercial & Investment Opportunity!** Unlock the potential of this versatile **multi-use/commercial property** offering a unique combination of income-producing space and future expansion opportunities. The property features **two existing units**, making it an excellent opportunity for an investor, owner-user, or entrepreneur looking to maximize the use of the building. The **upper level** offers a spacious **3-bedroom, 1-bath residential unit**, currently occupied by tenants with an existing **24-month lease**, providing immediate rental income and stability. The **lower level** is currently configured as professional **office space and is occupied by a dental office**, creating an additional income-producing component and adding flexibility for a variety of professional uses. Looking to expand? The **potential third-floor unit** offers an exciting opportunity to finish additional living or working space, subject to applicable zoning, permits, and approvals. An **unfinished basement** provides valuable additional space that can be utilized for storage, inventory, equipment, or other business needs. With multiple income streams, existing tenants, commercial functionality, and significant potential for future expansion, this property offers **flexibility, income, and opportunity in one package**. Whether you're an investor seeking cash flow or an owner-user looking for a property with room to grow, this is an opportunity worth exploring!
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1700
Age: 
0
Living Area: 
2,420
Construction
Roof: 
Asphalt
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
2
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Zoned, Forced Air
Cooling System: 
Zoned
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.16
Lot Size (Area): 
0.16
Lot Size (Dimensions): 
170.00 x 0.00
Public Record
Parcel Number: 
0701604000000041
Annual Tax: 
$17,106.00
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
HALO REALTY