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Listing Details

2 E Somerset St,Raritan Boro, NJ 08869-2102

  • February 6, 2026

Description

Back On The Market…Prime location for any investor. Corner lot and Thompson Street offering high visibility. This is a unique investment property offering 4 rentals in a business/residential district of Raritan. All 3 apartments have updates and store front totally remodeled. Roofs are 1 year old electric was updated 200 amp. New central air for store front and 1 apt. All units are currently occupied including store front. Tenants pay the utilities owner pays water. County court house opening across the street walking distance to train station close to shopping malls.

Details

Last Updated On: February 6th, 2026 at 11:13 am
Property ID:PT-27337308-AXZR
Offer Type:For Sale
Property Type:Mixed Use
Price: 1,100,000 $
Year Built:1940

Additional Details

Listing Details

Status: Active

Location

County: Somerset
Lotsize: 40X80
Lot Description: Level Lot
Property Type: Mixed Use, Store With Apartment
Lot Identifier: 1

Home Details

Location: Business District, Corner, Shopping Mall
Acreage: 0.07
Sale Includes: Building & Land
Renovated: 2023
Construction: Brick/Block
Exterior Description: Brick/Block, Vinyl Siding
Roof Description: Asphalt Shingle
Number of Stories: 2
Number of Units: 4
Number of Lavatories: 5
Floors: Carpeting, Tile, Wood
Color of Building: Brick
Parking Desc: On-Street Parking
Easement/Desc: No
Basmnt/Desc: Yes - Full
Tenant Pays: Cable T.V., Electric, Heat
Owner Pays: Water
YB/Desc: 1940 - Approximate
Block Identifier: 108
County Number: 27
Town Number: 2716
Possession: POT

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: No Documents Available
Lease Info: Month-To-Month
Ownership: Fee Simple
Tax ID For Property: 2716-00108-0000-00001-0000-
Tax Amount: $11,549.00
Tax Year: 2024
Tax Rate: 2.986%
Tax Rate Year: 2025
Farm Assessment: No
Land Assessment: $120,300.00
Building Assessment: $266,500.00
Total Assessment: $386,800.00

Utilities

Equipment Available: Appliances, Kitchen Area, Smoke Detector
Heat Source: Gas-Natural
Heat System: 4+ Units, Forced Hot Air
Cool System: 2 Units, Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural
Services: Cable TV Available, Garbage Included

Other

Permitted Use: Mixed Use
Zoning: Commercial

Statistics

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