311 Magnolia St Highland Park, NJ 08904
Estimated payment $5,960/month
Highlights
- Property is near shops
- Highland Park High School Rated A
- Baseboard Heating
About This Home
RARE opportunity to own a well-maintained four-family in Highland Park, NJ! Fully tenant-occupied for $6250/mo with plenty of room to raise the rents and add value. Great location around the block from downtown Highland Park, where Raritan Ave features a wide variety of shops and restaurants. Enjoy a quiet block while just 1 mile from Rutgers University, Johnson & Johnson World Headquarters, RWJ Hospital, and New Brunswick train station with a direct train into NYC, Princeton Junction, and more. Parking is available for all units in the back. Laundry is 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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,382
Year Built
- Built in 1925
Lot Details
- 5,249 Sq Ft Lot
- Lot Dimensions are 150.00 x 35.00
Parking
- Paved Parking
Interior Spaces
- 3,579 Sq Ft Home
- 2-Story Property
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Location
- Property is near shops
Utilities
- No Cooling
- Baseboard Heating
- Gas Water Heater
Community Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/09/2025 04/09/25 | For Sale | $780,000 | +27.9% | $218 / Sq Ft |
02/17/2021 02/17/21 | Sold | $610,000 | 0.0% | $180 / Sq Ft |
02/17/2021 02/17/21 | Sold | $610,000 | -2.4% | $180 / Sq Ft |
01/18/2021 01/18/21 | Pending | -- | -- | -- |
01/15/2021 01/15/21 | Pending | -- | -- | -- |
11/11/2020 11/11/20 | For Sale | $624,888 | +2.4% | $185 / Sq Ft |
08/21/2020 08/21/20 | For Sale | $610,000 | -- | $180 / Sq Ft |
Source: All Jersey MLS
MLS Number: 2511721R

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