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Mixed-Use Property with Retail
For Sale
Contact for pricing
Pending

43 W w somerset Street, Raritan, NJ 08869

Second-floor residential units are occupied, while the ground level provides space for two retail businesses.

Property SizeContact for details
Days on Market143

Property Features for 43 W w somerset Street

General Information

Standard status Pending
Property subtype Special Purpose

Additional Details

Multifamily Units 4

Building Details

Year Renovated 2010
Stories 2
Tenancy Multi
Listing Agency: BETTER HOMES&GARDENS RE MATURO
Listed By: ADRIAN QUA · License #NJ
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 1:35PM

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 BETTER HOMES&GARDENS RE MATURO

Investment Insights

Based on property information with market context.

This mixed-use property combines residential occupancy with ground-floor commercial space. The second floor contains four apartments, all currently tenant occupied, while the retail component includes two stores: a salon and a computer repair business.

The residential portion was reconstructed in 2010 following a fire. Building updates include a roof installed in 2017 and new boilers added in 2015. The property is located at 43 W W Somerset Street in Raritan, New Jersey.

Key Highlights

  • Four second‑floor apartments, all tenant occupied
  • Two ground‑floor retail stores
  • Existing salon and computer repair businesses

Property Analytics

Current Use

Vosi Salon Hair Salon Envios Don Bernie Travel Agency

Suggested Use

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

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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

800
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Second-floor residential units are occupied, while the ground level provides space for two retail businesses.
Where is this mixed-use property located?
The property is located at 43 W w somerset Street Raritan, NJ.
What are key features of this property?
This property features: Four second‑floor apartments, all tenant occupied; Two ground‑floor retail stores; Existing salon and computer repair businesses
More about this property
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