321 Raritan Ave, Highland Park, NJ

House

For Sale

Listed price in listed location currency (USD).

$939,900

027

MLS® 2703461R

Overview

Key Facts

Type

Levels Commercial Sale

Size 2420 sqft

Garage

Taxes $17,106

Days Active 6

Lot Size 0.1561 Acres

Approx. Age 1700

Avg. Price Per Sqft $388

MLS® Number 2703461R

Property Address: 321 Raritan Ave, Highland Park, NJ, 08904-2701

Average square foot calculated using Size range provided by listing agent.

Description

**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!

MLS® Number2703461R

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1700

Basement

DrivewayParking Lot, Driveway, On Site, On Street, Open

Garage Spaces

HeatZoned, Forced Air

A/CZoned

Extras

Map

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