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Turnkey Two-Family Residence
For Sale
$619,900
Pending

11 Gaston Ave, Raritan, NJ 08869

Renovated two-family property with two 2-bedroom units, modern kitchens, new HVAC, and outdoor living space.

Property SizeContact for details
Days on Market53

Property Features for 11 Gaston Ave

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $9,080

Building Details

Year Built 1945
Units 2
Tenancy Multi
Listed By: ANTHONY LOPRESTI
Source: Elliman
Added: Jul 19 Changed: Sep 8 Last Checked: Sep 8 at 7:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ANTHONY LOPRESTI

Investment Insights

Based on property information with market context.

This renovated, turnkey two-family residence offers two separate units, each featuring two bedrooms and one full bathroom, along with a modern kitchen. The property includes new HVAC systems for year-round comfort. Outdoor living is supported by a welcoming front porch and a spacious back deck.

Located in the Borough of Raritan, the home is described as convenient to downtown and schools, with walking access to the train.

Each unit is configured as a 2-bedroom, 1-bath layout with a modern kitchen, making the property well suited for owner-occupants seeking to live in one unit while generating rental income from the other.

Key Highlights

  • Renovated two‑family home built in 1945 with two 2‑bedroom units
  • Each unit has 2 bedrooms, 1 full bathroom, and a modern kitchen
  • New HVAC systems for year‑round comfort

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Storage Facility Garden Center Computer & Electronic Repair Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

675
Businesses Nearby

Demographics for 08869, NJ

7,835
Population
3,257
Households
2.4
Avg Household Size
39
Median Age
40%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
3,918
Density / Sq Mi
$103,699
Median Household Income
$50,108
Median Earnings
$1,927
Median Rent
$449,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Renovated two-family property with two 2-bedroom units, modern kitchens, new HVAC, and outdoor living space.
Where is this duplex located?
The property is located at 11 Gaston Ave Raritan, NJ.
What is the asking price?
The asking price for this property is $619,900.
What are key features of this property?
This property features: Renovated two‑family home built in 1945 with two 2‑bedroom units; Each unit has 2 bedrooms, 1 full bathroom, and a modern kitchen; New HVAC systems for year‑round comfort
More about this property
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