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$939,900 Just Listed
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Property 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!
Full Property Details
Full Property Details for 321 Raritan Ave
General
- Price: $939,900
- Taxes: $17,106 (2025)
- Status: Active
- Type: Commercial
- Source: Middlesex
- MLS ID: 2703461R
- Updated: Today (8/27/2026)
- Added to Site: Today
Interior
- Appliances: Refrigerator
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Other Rooms
- Living Room: 2,420 Sq. Ft.
Parking
- Total Spaces: 7
- Parking Features: Parking Lot, Driveway, On-Site Parking, On Street, Open
- Parking: Parking Lot, Driveway, On Site, On Street, Open
Location
- County: Middlesex
Heating & Cooling
- Cooling Type: Zoned
- Heating Type: Zoned, Forced Air
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 2,420
- Year Built: 1700
Lot Features
- Lot Size (Acres): 0.1561
- Lot Size (Sq. Ft.): 6,800
- Lot Dimensions: 170.00 x 0.00
- Lot Features: Near Public Transit, Near Shopping, Business District, Commercial Area
- Zoning: CBD
- Lot Description: Near Public Transit, Near Shopping, Business District, Commercial Area
Financial Considerations
- Tax Amount: $17,106
- Tax Year: 2025
- Tenant Pays: Electricity, Gas, Heat, Janitorial Service
Disclosures and Reports
- Documents Avail.: Survey, Leases
- Property ID: 701604000000041
Listed by Halo Realty
Get Pre-Approved Today
Schools
Schools serving 321 Raritan Ave
School District:Highland Park Borough School District
| Name | Grades | Distance |
|---|---|---|
Bartle School 435 Mansfield Street, Highland Park, NJ 08904 | 2-5 | 0.3 mi |
Irving Primary School 121 South 11th Avenue, Highland Park, NJ 08904 | PK-1 | 0.6 mi |
Highland Park Middle School 330 Wayne Street, Highland Park, NJ 08904 | 6-8 | 0.2 mi |
Highland Park High School 102 North 5th Avenue, Highland Park, NJ 08904 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 321 Raritan Ave
Date
Details
Price
Change
Source
8/27/2026
Listed
$939,900
56.65%
MLS
2/08/2006
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 321 Raritan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,106
6%
$600,000
—
2024
$16,140
2%
$600,000
—
2022
$15,820
—
$600,000
240%
2022
$15,820
1%
$176,500
—
2020
$15,601
100%
$176,500
—
2021
$7,800
-50%
$176,500
—
2019
$15,606
3%
$176,500
—
2018
$15,131
4%
$176,500
—
2017
$14,575
-1%
$176,500
—
2016
$14,650
4%
$176,500
—
2015
$14,127
6%
$176,500
—
2013
$13,358
—
$176,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 321 Raritan Ave
321 Raritan Avenue, Highland Park, NJ 08904 (MLS# 2703461R) is a Commercial property. 321 Raritan Avenue is currently listed for $939,900 and was received on August 27, 2026. Want to learn more about 321 Raritan Avenue? Do you have questions about finding other Commercial real estate for sale in Highland Park? You can browse all Highland Park real estate or contact a Coldwell Banker agent to request more information.

