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321 Raritan Avenue, Highland Park, NJ, 08904

$939,900

0

Beds

2

Bathrooms

2,420

Building Sqft

0.16

Acres

6,800

Lot Sqft

About 321 Raritan Avenue

**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!

Features of 321 Raritan Avenue

MLS® #
2703461R
Bathrooms
2
Full Baths
2
Acres
0.16
Type
Commercial Sale
Price
$939,900
Square Footage
2,420
Year Built
1700
Sub-Type
Commercial

Exterior

Lot Description
[\"Near Public Transit\",\"Near Shopping\",\"Business District\",\"Commercial Area\"]

Community Information

Address
321 Raritan Avenue
City
Highland park
County
Middlesex
State
NJ
Zip Code
08904

Listing Information

Agent Name
REGINA RODRIGUEZ
Agent Office
HALO REALTY

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(718) 987-7900