Closed$415,000
TLC ≈ $3,281/mo
2 2 1,926 sqft
317 Magnolia Street, Highland Park, NJ 08904
114 Raritan Avenue, Highland Park, NJ 08904
$70,000
0 beds 0 baths 1,500 sqft0 days on marketActive
About this home
Great opportunity to establish your own business in a prime location on busy Raritan Avenue! Approximately 1, 500 SF of retail space plus basement storage, with a private parking lot in the rear and convenient street parking out front. The space is fully outfitted for a coffee shop, bubble tea shop, dessert shop, or similar concept. Sale includes an extensive equipment package featuring an espresso machine, coffee grinder, boba pearl cooker, ice machines, blender, refrigerated prep counters, dessert display refrigerator, freezer, and more. Sale includes the existing setup and equipment, but not the current business name or brand. An excellent opportunity to open your own concept without the expense and time involved in building out a new space from scratch.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 4% APR.
Your estimated payment
$1,052/mo
- Real estate (PITI + HOA + PMI)
- $572
- Utilities
- $561
- Transportation
- $129
- Other (entertainment)
- $143
Principal + interest$317
Property tax + insurance$229
PMI / 2nd mortgage$26
Heating + cooling$126
Internet + TV + phone$143
Water + sewer + garbage$58
Car insurance + maintenance$129
Budget$5,000/mo
Remaining after TLC$3,948/mo
Purchase price
$70,000
Down payment
$3,500 (5%)
Loan amount
$66,500
APR
4%
Quick facts
Type
General Service
Style
—
Year built
—
Lot size
0.1093 ac
Stories
0
Heating
Forced Air
Cooling
Central Air
Water
Public
HOA
—
Annual tax
—
MLS #
2770915M
County
Middlesex
At a glance
Air conditioning
Garage
Home features
Parking
Garage
Sewer
Public Sewer
Lot features
See Remarks
Neighborhood — 08904
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 13,821 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 5.00% | 14.00% | 20.00% |
| Population Density | 7,135 | 1,137 | — |
| Male | 6,759 | 4,307,827 | 147,432,321 |
| Female | 7,062 | 4,525,010 | 151,655,844 |
| Never Married | 3,459 | 1,965,811 | 63,775,926 |
| Married | 5,822 | 3,647,435 | 123,120,365 |
| Separated | 431 | 391,239 | 12,639,686 |
| Widowed | 613 | 515,172 | 15,467,586 |
| Divorced | 840 | 529,393 | 23,075,029 |
| Number Of House Hold | 5,681 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.43 | 2.73 | 2.60 |
| Medial Age | 35.70 | 37.15 | 35.46 |
| Median House Hold Income | $65,051 | $63,392 | $48,276 |
| Average House Hold Income | $86,524 | $83,312 | $63,629 |
| P C I | $35,667 | $30,662 | $24,529 |
| M D I | $53,899 | $52,505 | $41,133 |
| A T H E | $63,672 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 86.06% | 81.02% | 77.74% |
(Zip) Code
8904
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 11/9/2026. Provided courtesy of KELLER WILLIAMS REAL ESTATE GREATER BRUNSWICK via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.