NJ > Highland Park
Highland Park, NJ 08904,326-328 Cedar AVE
Highland Park, NJ 08904,326-328 Cedar AVE
Highland Park, NJ 08904,326-328 Cedar AVE
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$1,450,000
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4,544 SqFt
Open Sat 12PM-3PM

326-328 Cedar AVE Highland Park, NJ 08904

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Radhames Tatis

Radhames Tatis

+1(201) 250-3739

Open House

Sat Sep 06, 12:00pm - 3:00pm

Sun Sep 07, 12:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,544 sqft

Price per Sqft $319

MLS Listing ID 2514140R

Year Built 1928

Annual Tax Amount $22,507

Tax Year 2023

Lot Size 5,000 Sqft

Acres 0.1148

Lot Dimensions 100.00 x 50.00

Property Sub-Type 4 Family

Source CJMLS API

Property Description

This well-maintained, income-producing 4-family property is in excellent condition and ideally located near public transportation (bus and train), major shopping centers, Rutgers University, and local hospitals. Each of the four apartments features separate utilities, newer windows, updated kitchens and flooring, and newer boilers and water heaters. The property includes a new garage roof and floor, freshly painted interiors, new toilets and plumbing, and comprehensive landscaping. Significant upgrades include complete replacement of metal plumbing with PVC piping, newer concrete work, and a new roof (2021). Additional features include dual entrances for all ground-floor units, a brand-new coin-operated washer and dryer hookup in the basement, and ample storage space. With one water meter and individual electric meters for each unit, this property offers both convenience and strong investment potential. Annual Income: $135,000 (one vacant unit projected income) Cap Rate 7.19%

Location

State NJ

County Middlesex

Community Curbs, Sidewalks

Rooms

Basement Full, Storage Space, Tenant Use, Laundry Facilities

Interior

Interior Features Unit 1(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 4(3 Bedrooms, Kitchen, 1 Bath, Living Room)

Heating Radiant, Radiators-Steam

Cooling Ceiling Fan(s), None, A/C Window Unit(s)

Window Features Screens/Storms

Appliance Water Heater(See Remarks, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven), Unit 4(Range/Oven, Refrigerator)

Heat Source Natural Gas

Exterior

Exterior Feature Patio, Curbs, Porch(es) - Open, Sidewalk, Porch, Private Entrance, Screens/Storms

Garage Spaces 2.0

Community Features Curbs, Sidewalks

Utilities Available Underground Utilities

Roof Type Asphalt

Handicap Access Unit 1 Accessibility Features, Unit 2 Accessibility Features, Unit 3 Accessibility Features, Unit 4 Accessibility Features

Porch Patio, Porch(es) - Open, Porch

Building

Lot Description Near Shopping, Near Train, Level, Near Public Transit

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 0701903000000011

Ownership Fee Simple

Energy Description Natural Gas

Central Jersey MLS (CJMLS)
Listed by RE/MAX INNOVATION

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Radhames Tatis

Agent | License ID: 2076013

+1(201) 250-3739

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326-328 Cedar AVE

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