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Mixed-Use Building with Storefront
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 Market52

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
Listed By: Natalis Ortiz
Added: Aug 26 Changed: Oct 8 Last Checked: Oct 16 at 11:06AM
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.

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Investment Insights

Based on property information with market context.

This mixed-use property combines two residential apartments with one commercial storefront in a 6,720-square-foot building. Built in 1960, the structure features vinyl siding, laminate flooring, radiant heat, ceiling fans, and wall-unit cooling. An asphalt roof and driveway parking complete the physical improvements.

The property occupies 0.2066 acres at 36-38 W Somerset Street in Raritan, New Jersey, within Somerset County. It is served by public water and public sewer and carries B1 zoning.

The layout brings residential and commercial components together within one building, offering a clearly defined three-part configuration for evaluation by buyers seeking a mixed-use asset.

Key Highlights

  • Two residential apartments plus one commercial storefront
  • 6,720 square feet on a 0.2066‑acre lot
  • B1 zoning in Raritan, NJ 08869

Property Analytics

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Current Use

Duplexes

Suggested Use

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

910
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two apartments accompany a commercial storefront in a three-part configuration with public water and sewer service.
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: Two residential apartments plus one commercial storefront; 6,720 square feet on a 0.2066‑acre lot; B1 zoning in Raritan, NJ 08869
More about this property
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