Back to search
51 W Somerset St Raritan, NJ $ 495,000
Share Save
$ 495,000 Get more info
51 W Somerset St
$ 495,000
Back to search
Share Save

51 W Somerset St

Raritan, NJ, 08869
$ 495,000
Bedrooms2 Baths1.1

Monthly Estimate*

$ 3,290

51 W Somerset St, Raritan, NJ 08869 - Image 1
51 W Somerset St, Raritan, NJ 08869 - Image 2
51 W Somerset St, Raritan, NJ 08869 - Image 3
51 W Somerset St, Raritan, NJ 08869 - Image 4
51 W Somerset St, Raritan, NJ 08869 - Image 5
51 W Somerset St, Raritan, NJ 08869 - Image 6
51 W Somerset St, Raritan, NJ 08869 - Image 7
51 W Somerset St, Raritan, NJ 08869 - Image 8
51 W Somerset St, Raritan, NJ 08869 - Image 9
51 W Somerset St, Raritan, NJ 08869 - Image 10
51 W Somerset St, Raritan, NJ 08869 - Image 11
51 W Somerset St, Raritan, NJ 08869 - Image 12
51 W Somerset St, Raritan, NJ 08869 - Image 13
51 W Somerset St, Raritan, NJ 08869 - Image 14
51 W Somerset St, Raritan, NJ 08869 - Image 15
51 W Somerset St, Raritan, NJ 08869 - Image 16
51 W Somerset St, Raritan, NJ 08869 - Image 17

Multi-Family Home for sale in Raritan, NJ

for $495,000 with 2 bedrooms and 1 full bath, 1 half bath. This home was built in 1940 on a lot size of 0.06.

Price Reduced! Location! Location! Location! In the middle of thriving Raritan downtown next to Somerville. Amazing Mix Use Building. 1st Floor is a Retail Store. 2nd Floor is a 2 Bedroom Apartment. Large Storage Shed & Parking in Back. Separate Utilities except water. Below market rent. Low Taxes. Potential Rental Income $45,600. Building is only 4 Blocks to Raritan Train Station, just a short 6 minutes walk. Plus access to a Great School System. Motivated Seller, make offer.

See more
Multi-Family Pending

Price

$ 495,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 6,158

Style

2-Two Story

Lot Size

0.06

Year Built

1940

Town/City

Raritan

County/Region

Somerset

MLS | Web ID

3885316
Features
General
Sewer Public Sewer
Heating Forced Hot Air Radiators - Steam
Cooling Central Air Wall A/C Unit(s)
Utilities Electric Gas-Natural
Possession At Closing
Roof Asphalt Shingle
Exterior Features Storage Shed
Architectural Style 2-Two Story
Year Built 1940
Township Raritan Boro
Tax Year 2023
Gross Income 45600
County Somerset
Net Operating Income 34218
Operating Expense 11382
Subdivision Name Downtown
Total Rooms 7
Status Under Contract
Directions Rte 287 or Rte 22 to Rte 206 to Somerset St
Open Parking Spaces 3
NumberOfUnitsTotal 2
Street Name W Somerset St
Tax Annual Amount 6158
Drive Blacktop
Days on Market 114
Standard Status Under Contract
Tax Assessed Value 216300
Town # 2716
Tax Lot 3
See more
Interior
Basement Unfinished
Unit 1 Baths Total 0.5
Unit 1 Beds Total 0
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Fuel Type Gas-Natural
Full Baths 1
Half Baths 1
Total Bedrooms 2
See more
Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 22X120
Lot Size Acres 0.06
See more
* Excluded Features
List By
NADEEM QAVI

Listing Agent

Re/Max Competitive Edge

Broker

nadeem@njhomezone.com

Email

Affordability Calculator

$3,803
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,290
Monthly Property Taxes
$513
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/9/2024$495,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

51 W Somerset St, Raritan, NJ, 08869 is a Multi-Family Home for sale at $495,000 with a lot size of 0.06. 51 W Somerset St has 2 bedrooms, 1.1 baths, and was built in 1940. The property's zip code is 08869 which is in Raritan, NJ

Get more info