46-48 W SOMERSET ST Raritan, NJ 08869

$499,000
46-48 W SOMERSET ST, Raritan, NJ 08869
Call 866-441-4349
3274279

Commercial Property for sale in Raritan, NJ

for $499,000 with 3 full baths. This building was built in 1950 on a lot size of 0.14 Acre(s).

Property Information

  • $499,000
  • 3 Full Baths
  • Commercial
  • 0 Square Feet
  • Taxes are $7,408
  • Office/Retail
  • Active
  • 2 Floors
  • Lot size of 0.14 Acre(s)
  • Built in 1950
  • Unit 0
  • Raritan, NJ
  • Somerset County
  • MLS/Web ID is 3274279

Description

Excellent downtown location - Selling 3 unit building, 2 other units are rented - Hair Salon and 3 bedroom apartment, also zoned for commercial use. Third unit is currently owner occupied by practicing dentist. Full basement, paved sidewalk, street parking, easy access to major highways. Approx rental income $5, 000/month.

Interior 9

Appliances

  • Burglar Alarm
  • Security System / Alarm
  • Smoke Detector

Basement

  • Basement
  • Unfinished

Cooling System

  • Multiple Units

Flooring

  • Carpet(s)
  • Vinyl-Linoleum
  • Wood Floors

Heating Source

  • Natural Gas

Heating System

  • 3 Units

Sewer

  • Public Sewer

Utilities

  • Electric
  • Natural Gas

Water Source

  • Public Water

Exterior 5

Construction

  • Wood

Driveway

  • Blacktop
  • Exclusive
  • Shared Driveway

Lot Description

  • Level/Flat
  • Open Lot

Roof

  • Asphalt Shingles

Siding

  • Composition

Miscellaneous 1

Commercial

  • Equipment Included
  • Fixtures/Furniture
  • Private Restroom
  • Sale Includes Building & Land

† Excluded Feature

Listed By

Listing Agent: William "Bill" Gazi
Broker: Weichert Realtors
Office: Warren Township

46-48 W SOMERSET ST , Raritan, NJ, 08869 is a Commercial Property for sale at $499,000 with 0 sqft and a lot size of 0.14 Acre(s). 46-48 W SOMERSET ST has 3 baths and was built in 1950. The property's zip code is 08869 which is in Raritan, NJ

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Pricing History

Date Price Price Change Description
8/5/2016 $499,000 -5.85 % Price Change
1/7/2016 $530,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Raritan $305,485 39 % below $284,000 43 % below
Commerical listings in Raritan $347,000 30 % below $279,500 44 % below
Sold listings in Raritan $550,000 10 % above $0 100 % below

Get the facts about Raritan, NJ!

Population 7,459
Population Growth (since 2000) 18 %
Median Income $114,525
Median Age 41.06
Households w/ Children 38 %

Residential Dwellings

  • Owned 1759
  • Vacant 171
  • Rented 1142

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