Mixed-Use Property with
New
For Sale
$565,000
36-38 W Somerset Street, Raritan, NJ 08869
Commercial Sale, Raritan, NJ
Property Size6,720 SF
Lot Size0.21 Acres
Price / SF$84.08
Days on Market6
Property Features for 36-38 W Somerset Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B1
Parking
4
Parking features
Driveway
Directions
Exit 14B toward US-202S
Standard status
Active
APN
1600090000000021
Size
6,720 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7730
Utilities
Sewer type
Public Sewer
Heating system
Radiant
Cooling system
Ceiling Fan(s), Wall Unit(s)
Water source
Public
Building Details
Year built
1960
Floors in Building
3
Flooring type
Laminate
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
HALO REALTY
(848) 433-1006
Listed By:
Natalis Ortiz
(732) 910-4707
Added: Aug 26
Changed: Aug 31
Last Checked: Aug 31 at 9:06AM
MLS# 2703160R
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property contains 6,720 square feet with three residential apartments and one commercial storefront. Built in 1960, the building features vinyl siding, laminate flooring, radiant heat, ceiling fans, and wall-unit cooling. A driveway provides on-site parking, while the asphalt roof and public water and sewer serve the property.
The parcel encompasses 0.2066 acres and carries B1 zoning. Its combination of apartment units and street-level commercial space creates a vertically integrated layout for residential and business occupancy in the same building.
The parcel encompasses 0.2066 acres and carries B1 zoning. Its combination of apartment units and street-level commercial space creates a vertically integrated layout for residential and business occupancy in the same building.
Key Highlights
- Three residential apartments plus one commercial storefront
- 6,720 square feet of mixed‑use building area
- B1 zoning on a 0.2066‑acre parcel
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
910
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three apartments and a commercial storefront combine residential and business uses within one income-producing property.
Where is this mixed-use property located?
The property is located at 36-38 W Somerset Street Raritan, NJ.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Three residential apartments plus one commercial storefront; 6,720 square feet of mixed‑use building area; B1 zoning on a 0.2066‑acre parcel
