Property
Raritan Boro, NJ 08869 10 Sherman Ave
$1,100,000
16 more
Presented By: BHHS FOX & ROACH; 908-938-6405
Full/Half Baths • 0 / 3
SQFT • 3,287
Home Details
UNBELIEVABLE: 3 - UNIT INVESTMENT OPPORTUNITY, FREE STANDING 3000 SF RETAIL BUILDING AND TWO FAMILY FULLY LEASED INCOME PRODUCING PROPERTY LOCATED ON RT 206 NORTH IN RARITAN, SOMERSET COUNTY. NEW ROOF ON RETAIL BUILDING, TWO FAMILY HAS ALL NEW REPLACEMENT WINDOWS, NEW SOFFITS, GUTTERS, ONE APARTMENT WITH NEW HARDWOOD FLOORS, CARPET, NEW BATH, BASEMENT HAS BEEN REMODEL, NEW FULL BATH, NEW FRENCH DRAINS SEE FLYER AND INCOME AND EXPENSE INFO IN DOCUMENTS
Presented By: BHHS FOX & ROACH; 908-938-6405
Interior Features for 10 Sherman Ave
Bathrooms
Half Baths3
Other Interior Features
Price Per Sq Ft334.00
Available Sq Ft3287
Num 1 Bdrm Units2
BasementFinished
Fuel TypeGas-Natural
Total Stories2
General for 10 Sherman Ave
Building #10
Cap Rate6.00
ConstructionBrick/Block, See Remarks
CoolingSee Remarks
CountySomerset
Days on Market1
DirectionsRT 206 NORTH JUST BEFORE BELL AVE LIGHT, SOMERVILLE CIRCLE, SIGN
Documents AvailableSee Remarks
DriveBlacktop, Common, Off-Street Parking, See Remarks
EasementUnknown
Equipment AvailableSee Remarks
Farm AssessmentNo
Gross Income86400
Heating2 Units
Leasable Area
LocationBusiness District, Highway Location, See Remarks
Net Operating Income66041
Num Apts2
NumberOfUnitsTotal3
Operating Expense20359
Percent OwnershipFee Simple
PossessionBY AGREEMENT
Prior UseRETAIL/MULTIFAMILY
Property TypeSee Remarks
Property TypeSee Remarks
RoofAsphalt Shingle, Flat
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameRT 206/SOMERVILLE CIRCLE
Tax Annual Amount7265
Tax Assessed Value255200
Tax Lot13
Tax Year2023
Town #2716
TownshipRaritan Boro
UtilitiesElectric, Gas-Natural
Year Built1930
ZoningCOMMERCIAL
Exterior for 10 Sherman Ave
Building Area Total3287
Exterior DescriptionBrick/Block, See Remarks
Lot Dimensions132X110
Lot FeaturesLevel Lot
Lot Size Acres0.33
Max Ceiling Height11
Max Door Height8
Number of Bays2
Number of Docks0
Water SourcePublic Water
Additional Details
Price History
YOLANDA CASSIDY-BOGAN
Associate