5 3Rd St Raritan, NJ $ 585,000
5 3Rd St
$ 585,000
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5 3Rd St

Raritan, NJ, 08869
$ 585,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 3,602

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Multi-Family Home for sale in Raritan, NJ

for $585,000 with 4 bedrooms and 2 full baths. This home was built in 1900 on a lot size of 0.14.

Well-positioned investment property featuring two separate residential units and attractive shared outdoor amenities. The main unit includes 3 bedrooms, 1 full bath, hardwood floors, quality millwork, a walk-up attic, unfinished basement and a newer roof. The detached 1-bedroom, 1-bath studio apartment provides an additional income stream and added flexibility.The privacy-fenced backyard offers a gazebo with firepit, patio with outdoor television, and storage shed, creating outdoor space that enhances both units. Ideally situated within walking distance of the train station and offering easy access to highways, Bridgewater Commons, restaurants, shopping, and schools, this property presents a solid opportunity for long-term investment or owner-occupied rental income. Please note that the seller has always lived in Unit 1 and has only rented U2. The Gross Operating Income is based on the rental income of the Unit 2 studio only. Highest and Best due Monday, June 22 at noon.

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Multi-Family Active

Price

$ 585,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,167

Style

2-Two Story

Lot Size

0.14

Year Built

1900

Town/City

Raritan

County/Region

Somerset

MLS | Web ID

4034692

Features
Interior
Interior Amenities Blinds Carbon Monoxide Detector Smoke Detector Tile Floors Wood Floors
Basement Bilco-Style Door Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 1
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 4
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General
Sewer Public Sewer
Heating 1 Unit Radiators - Hot Water
Cooling Ceiling Fan Window A/C(s)
Utilities Electric Gas-Natural
Possession POT
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 0
Architectural Style 2-Two Story
Exclusions None shed firepit and outdoor TV included
Year Built 1900
Township Raritan Boro
Tax Year 2025
Gross Income 22535
County Somerset
Net Operating Income 7946
Operating Expense 14589
Total Rooms 8
Full Baths 2
Status Active
Directions First Ave to 3rd St. make a left of 3rd St. #5 is on your right. Park in the driveway to the left of the home or use street parking.
High School BRIDG-RAR
Open Parking Spaces 2
Number Of Units Total 2
Elementary School JF KENNEDY
Tax Annual Amount 8167
Home Warranty Y/N No
Middle/Junior High School BRIDG-RAR
Drive 1 Car Width Blacktop Fencing On-Street Parking
Standard Status Active
Tax Assessed Value 268500
Town # 2716
Tax Lot 11
Farm Assessment No
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Exterior
Exterior Amenities Gazebo MetalFnc OpenPrch Patio FencPriv Sidewalk Storage ThrmlW&D
Lot Features Level Lot
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 40X150
Lot Size Acres 0.14
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* Excluded Features
List By
D. WENDELL CARPENTER

Listing Agent

Coldwell Banker Realty

Broker

wendy.carpenter@coldwellbankermoves.com

Email

Affordability Calculator

$4,283
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,602
Monthly Property Taxes
$681
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
290657 Elementary School
290049 Middle School
Bridg-Rar High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$585,000 Listed Price

Map


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5 3Rd St, Raritan, NJ, 08869 is a Multi-Family Home for sale at $585,000 with a lot size of 0.14. 5 3Rd St has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 08869 which is in Raritan, NJ