Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    106 W Somerset St Raritan, NJ 08869

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $650,000

    Duplex in Raritan with strong rental potential and convenient location.

    Lot size:
    0.18 Acres

    Property Features for 106 W Somerset St

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1900

    Source: LUMINANCE REALTY Agent MAULIK AMIN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Raritan Duplex Investment Opportunity

    This duplex in Raritan presents an investment opportunity, offering rental potential and a location near shopping, dining, and major routes. Each unit includes a private driveway. The property features a large backyard and basement space for storage or additional utility. It is suited for both experienced investors and those entering the rental market.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raritan
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.6382024
    Latitude
    40.5660677

    Nearby Similar for Sale

    • $1,100,000
      0.07 Acres

      Raritan Boro Investment Opportunity

      Four rentals in a business/residential district of Raritan.
      2 E Somerset St, Raritan, NJ 08869
      View Details
    • Contact for pricing
      2,500 SF

      Raritan Automotive Repair Facility For Sale

      2,500 SF automotive repair facility with high visibility location.
      403 Us Highway 202, Raritan, NJ 08869
      View Details
    • Contact for pricing
      12,000 SF

      Raritan Commercial Building with Showroom

      12,000 SF commercial building with high visibility and permitted uses.
      401 Us Highway 202, Raritan, NJ 08869
      View Details
    • $2,500,000
      12,000 SF

      Raritan Commercial Building For Sale

      12,000 SF commercial building with high visibility and permitted uses.
      401 Us Highway 202, Raritan, NJ 08869
      View Details
    • $344,000
      8,979 SF

      Turnkey Office Condo on Route 202

      Updated office condo with flexible layout in Raritan Boro, NJ.
      1124 Rt202, Raritan, NJ 08869
      View Details
    • $214,900
      1,600 SF

      Turn Key Medical Office Suite

      1600 SF medical or professional office suite for sale.
      1130 Rte, Raritan, NJ 08869
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex in Raritan with strong rental potential and convenient location.
    Where is this duplex located?
    The property is located at 106 W Somerset St Raritan, NJ.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Strong rental income potential.; - Convenient location near shopping, dining, and major routes.; - Two separate units (duplex).
    (732) 470-0447
    Request Owner's contact information
    106 W Somerset St Raritan, NJ 08869
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    106 W Somerset St
    Raritan, NJ 08869
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    106 W Somerset St Raritan, NJ 08869
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.