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311 Magnolia Street

Highland Park, NJ 08904

– beds
– baths
3,579 sqft
5,249 sqft lot
$222 per sqft
1925 build
– on site

RARE opportunity to own a well-maintained four-family in Highland Park, NJ! One VACANT unit & three units occupied under market with plenty of room to add value. Great location around the block from the downtown, where Raritan Ave features a wide variety of shops and restaurant to enjoy. 1 mile to Johnson & Johnson World Headquarters and New Brunswick train station with direct train into NYC, Princeton Junction, etc. Parking available for all units in the back. Laundry accessible to all units in the basement. Passed NJ state inspection a few months ago. Solar panels power the common areas & two front units, loan for solar panels to be transferred to buyer. Selling AS-IS

Listing courtesy of AJMLS / TVERDOV HOUSING

Last checked: Checking… • Last updated Jan 8, 2025 •

MLS# 2507830R —

The Building

Year Built:

1925
Stories:

2
Stories Total:

2
Basement:

Full
Building Area Total:

3579

Interior

Interior Features:

Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 3(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 4(1 Bedroom,Kitchen,1 Bath,Living Room)
Living Area:

3579
Rooms Total:

12

Room Dimensions

Living Area Units:

Square Feet

Financial & Terms

LeaseTerm

Unit 1(Month-Month)
Ownership:

Fee Simple

Location

Latitude:

40.49817470000001
Longitude:

-74.426434

The Property

Property Type:

Residential Income
Property Subtype:

4 Family
Parcel Number:

0703001000000028
Lot Features:

Near Shopping
Lot Size Area:

0.1205
Lot Size Acres:

0.1205
Lot Size SqFt:

5,249 Sqft
Lot Size Dimensions:

150.00 x 35.00

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$19,382

Heating & Cooling

Heating:

Baseboard
Heating:

true
Cooling:

None

Utilities

Utilities:

See Remarks
Sewer:

Public Sewer
# of Separate Electric Meters:

4
# of Separate Water Meters:

1
Water Source:

Public
Gas:

Natural Gas
# of Separate Gas Meters:

4

Appliances

Appliances:

Water Heater(Gas)

Parking

Parking Features:

4(+)Car Parking
Garage:

false
Carport:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/8/25 Jan 8, 2025	Listed / Active	AJMLS	$795,000	27.2% (6.9% / YR)
2/17/21 Feb 17, 2021	Sold	BRIGHT
1/20/21 Jan 20, 2021		AJMLS	$624,888

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This multifamily located in Highland Park, NJ 08904 is currently for sale for $795,000. 311 Magnolia Street is a 3,579 square foot multifamily with – beds and – baths that has been on Estately for 12 days.

Listing Courtesy of: AJMLS and TVERDOV HOUSING.

The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.