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1149 Raritan Ave

4,500 SF 100% Leased Office Building Highland Park, NJ 08904 $988,888 ($220/SF)

Executive Summary

Possible PMM
Building has no gas. Gas in street for hook up. Owner since 1958. Has 800 sq. ft rear rental at $2,200 a month includes heat tenant pays
utilities. Rear unit is on Lexington Ave side of entrance. One hot water baseboard heat throughout, separate thermostat. Rear unit rental has
separate central air front unit has wall air conditioner. Owner pays heat and hot water for rental unit. Building is environmentally clean with all approved permits. Rear garage has 800-1000 sq.ft. with 2 electric overhead remote controls. Side on concrete slab is a 6x8 loading dock to front unit. In rear of building is a 150 ft. radio tower not in use it was previously rented to a mobile phone company. Rental lease on rear unit has 18 month before termination. All permits obtained for occupancy. Owner may need up to 6 months to relocate and may need a use of occupancy is necessary.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
4,500 SF
Building Class
C
Year Built
1920
Price
$988,888
Price Per SF
$220
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
2,250 SF
Building FAR
1.03
Lot Size
0.10 AC
Zoning
C

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,800 SF
  • Office/Retail
  • Full Build-Out
  • 30 Days

Possible PMM Building has no gas. Gas in street for hook up. Owner since 1958. Has 800 sq. ft rear rental at $2,200 a month includes heat tenant pays utilities. Rear unit is on Lexington Ave side of entrance. One hot water baseboard heat throughout, separate thermostat. Rear unit rental has separate central air front unit has wall air conditioner. Owner pays heat and hot water for rental unit. Building is environmentally clean with all approved permits. Rear garage has 800-1000 sq.ft. with 2 electric overhead remote controls. Side on concrete slab is a 6x8 loading dock to front unit. In rear of building is a 150 ft. radio tower not in use it was previously rented to a mobile phone company. Rental lease on rear unit has 18 month before termination. All permits obtained for occupancy. Owner may need up to 6 months to relocate and may need a use of occupancy is necessary.

Space Size Space Use Condition Available
1st Floor 1,800 SF Office/Retail Full Build-Out 30 Days

1st Floor

Size
1,800 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
30 Days

1st Floor

Size 1,800 SF
Space Use Office/Retail
Condition Full Build-Out
Available 30 Days

Possible PMM Building has no gas. Gas in street for hook up. Owner since 1958. Has 800 sq. ft rear rental at $2,200 a month includes heat tenant pays utilities. Rear unit is on Lexington Ave side of entrance. One hot water baseboard heat throughout, separate thermostat. Rear unit rental has separate central air front unit has wall air conditioner. Owner pays heat and hot water for rental unit. Building is environmentally clean with all approved permits. Rear garage has 800-1000 sq.ft. with 2 electric overhead remote controls. Side on concrete slab is a 6x8 loading dock to front unit. In rear of building is a 150 ft. radio tower not in use it was previously rented to a mobile phone company. Rental lease on rear unit has 18 month before termination. All permits obtained for occupancy. Owner may need up to 6 months to relocate and may need a use of occupancy is necessary.

Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-01207-0000-00017
Land Assessment
$200,000
Improvements Assessment
$168,700
Total Assessment
$368,700
  • Listing ID: 32307211

  • Date on Market: 7/1/2024

  • Last Updated:

  • Address: 1149 Raritan Ave, Highland Park, NJ 08904

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