-326-328 Cedar Avenue, Highland Park, NJ 08904

Local realty services provided by:Better Homes and Gardens Real Estate Maturo
-326-328 Cedar Avenue,Highland Park, NJ 08904
$1,450,000
  • - Beds
  • - Baths
  • 4,544 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Sep 06
    12:00 pm - 03:00 pm
  • Sun, Sep 07
    12:00 pm - 03:00 pm
Listed by:
Office:re/max innovation
MLS#:2514140R
Source:NJ_MCMLS

Price summary

  • Price:$1,450,000
  • Price per sq. ft.:$319.1

About this home

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%

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Home facts

  • Year built:1928
  • Listing ID #:2514140R
  • Added:1 day(s) ago
  • Updated:August 31, 2025 at 03:06 PM

Rooms and interior

  • Living area:4,544 sq. ft.

Heating and cooling

  • Cooling:A/C Window Unit(s), Ceiling Fan(s)
  • Heating:Radiant, Radiators-Steam

Structure and exterior

  • Roof:Asphalt
  • Year built:1928
  • Building area:4,544 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,450,000
  • Price per sq. ft.:$319.1
  • Tax amount:$22,507
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