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51 W Somerset St

Raritan Boro, NJ 08869
  • $515,000
  • STATUS: Active
  • ON SITE: 116 Days
  • MLS #: 3846570
Price Reduced
UPDATED: 222 min ago
$515,000
  • 2
    BEDS
  • 0.06
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
Downtown
Type:
Multi-Family
Built:
1940
County:
Somerset
Area:
Raritan Boro

School Ratings & Info

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Description

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.

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Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kiliszek Real Estate Experts | Keller Williams Midtown Direct. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Kiliszek Real Estate Experts | Keller Williams Midtown Direct are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-24T23:46:01.77.
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51 W Somerset St Raritan Boro, NJ 08869

  • Price: $515,000
  • Status: Active
  • On Site: 116 Days
  • Updated: 222 min ago
  • MLS #: 3846570
2
Beds
1
Baths
1
½ Baths
0.06
Acres
1940
Built
Neighborhood:
Downtown
County:
Somerset
Area:
Raritan Boro
Property Description
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.
Exterior Features

Approximate Lot Size 22X120 Exterior Description Vinyl Siding Exterior Features Storage Shed Lot Description Level Lot Number Of Parking Spaces 3 Parking Driveway Description Blacktop Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Central AirWall A/C Unit(S) Heating Forced Hot AirRadiators - Steam Total Number Of Rooms 7 Unit1 Appliances Equipment See Remarks Unit1 Baths 0.5 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See Remarks Unit1 Rooms 3 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment See Remarks Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsKitchenLiving Room Unit2 Rooms 4 Unit2 Sq Ft 0

Property Features

Assessment Total 216300 Building Assessment 96800 Easement Unknown Expenses Include Cold WaterInsuranceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 45600 Land Assessment 119500 Net Operating Income 34218 Sewer Public Sewer Tax Amount 5982 Tax Rate Amount 2.766 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 11382 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1200 Unit2 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Year Built Description Approximate

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Re/Max Competitive Edge: 732-548-5555.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kiliszek Real Estate Experts | Keller Williams Midtown Direct. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Kiliszek Real Estate Experts | Keller Williams Midtown Direct are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-24T23:46:01.77.
 
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