Property
Raritan, NJ 08869 48 1st Avenue
$925,000
5 more
Presented By: Maggie Huang Raffaele with Prominent Properties Sotheby's International Realty-Englewood Cliffs - 201-585-8080
Beds • 6
Baths • 4
Home Details
Prime Investment Opportunity - Legal 4 Family + Commercial Property (54 2nd St) in Raritan. An excellent income-producing opportunity for savvy investors! This package includes a fully rented legal 4-family property and a neighboring commercial building.Four units total: Unit #1: 1BR/1BA (new kitchen, freshly painted " rented $1,350) Unit #2: 1BR/1BA (renovated kitchen " rented $1,350) Unit #3: 2BR/1BA (new kitchen, new paint " rented $2000, Unit #4: 2BR/1BA -rented $1600 Separate gas, electric & water meters (4 of each) " tenants pay all utilities Full basement, 4 gas furnaces, 4 hot water heaters, Shared driveway, no dedicated parking, street parking available Roof approx. 15"20 years old 2025 Property Tax: $10,570.95( 54 2nd st Tax 5,484 ) Total monthly rent: $6300 Agent Remarks: Please call maggie at 201-286-2927 to make an appointment.
Presented By: Maggie Huang Raffaele with Prominent Properties Sotheby's International Realty-Englewood Cliffs - 201-585-8080
Interior Features for 48 1st Avenue
Bedrooms
Total Bedrooms6
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
Heating Y/NNo
General for 48 1st Avenue
Architectural Style4 Family
CityRaritan
CountySOMERSET
DisclosuresSeller's Agent
Full Baths4
HOANo
Lease Considered Y/NNo
ModificationTimestamp2025-08-05T21:01:24.8+00:00
Property Type2-4 Family
RoomsNone
Standard StatusActive
StatusActive - Active
Tax Annual Amount10570.0
Total Rooms14
UtilitiesElectricity Connected, Natural Gas Connected, Sep Heat, Water Connected
Year Built Details1940's
Additional Details
Price History
Tina Torres
Broker/Owner