59 Reading Rd Raritan Township, NJ $ 1,750,000
59 Reading Rd
$ 1,750,000
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59 Reading Rd

Raritan Township, NJ, 08822
$ 1,750,000
Baths0.5 Sq 5,000

Monthly Estimate*

$ 12,224

59 Reading Rd, Raritan Township, NJ 08822 - Image 1
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59 Reading Rd, Raritan Township, NJ 08822 - Image 8
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59 Reading Rd, Raritan Township, NJ 08822 - Image 13
Studio

Commercial Property for sale in Raritan Township, NJ

for $1,750,000 with 5 half baths. This 5,000 square foot building was built in 1991 on a lot size of 1.36.

5 unit one story strip mall, with income from dentistry practice occupying 2 suites. all Spacious store fronts, facing Reaville Rd. Each with its own bath and utilities. Plentiful parking, good visibility and signage. Great for a variety of tenants (or owner user) professional offices, retail, recreational and medical uses. The units are contiguous and can be combined for various uses.

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Commercial Active

Price

$ 1,750,000

Bedrooms

Studio

Half Bath

5

Property Type

Commercial

Taxes

$ 35,351

Style

Retail Complex

Lot Size

1.36

Year Built

1991

Town/City

Raritan Township

County/Region

Hunterdon

MLS | Web ID

3851024

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 4+ Units
Cooling 4+ Units Central Air
Utilities All Underground Electric Gas-Natural
Possession immed/negot
Roof Metal
Zoning R5 PENC
Garage Spaces 58
Year Built 1991
Township Raritan Twp.
Property Type Office Building Complex Office/Retail Retail Complex Retail Complex
Tax Year 2022
Percent Ownership Fee Simple
Location Residential Area Shopping Mall Strip Mall
Gross Income 202500
County Hunterdon
Net Operating Income 105806
Operating Expense 46069
Subdivision Name Stonegate
Status Active
Directions From 202 N left turn to Voorhees Corner then right onto Reading Rd continue to Building at corner of Reading and Reaville Rd.
Total Units 5
Street Name Reading Rd
Tax Annual Amount 35351
Drive Hard Surface Lighting Off-Street Parking
Leasable Area 5000
Days on Market 256
Standard Status Active
Tax Assessed Value 1331500
Town # 1921
Tax Lot 37
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Interior
Flooring Concrete Laminate Tile
Fuel Type Gas-Natural
Total Stories 1
Half Baths 5
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Exterior
Lot Features Corner Level Lot
Water Source Public Water
Total Parking 36
Exterior Description Brick/Block
Building Area Total 8000
Lot Dimensions 1.3600
Lot Size Acres 1.36
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* Excluded Features
List By
MISCHELLE HYATT-PAGLINO

Listing Agent

Keller Williams Cornerstone

Broker

Affordability Calculator

$15,170
Per Month
81%
19%
0%
Monthly Principal & Interest
$12,224
Monthly Property Taxes
$2,946
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/23/2023$1,500,000 Listed Price

Map


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59 Reading Rd, Raritan Township, NJ, 08822 is a Commercial Property for sale at $1,750,000 with 5,000 sqft and a lot size of 1.36. 59 Reading Rd is a studio with 0.5 baths and was built in 1991. The property's zip code is 08822 which is in Raritan Township, NJ