Mixed-Use Property with
New
For Sale
$565,000
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 Market3
Property Features for 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
1600090000000022
Size
6,720 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
18103
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 27
Last Checked: Aug 28 at 3:06PM
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 combines three residential apartments with one commercial storefront in a 6,720-square-foot building. Built in 1960, the structure features vinyl siding, laminate flooring, radiant heating, ceiling fans, wall-unit cooling, an asphalt roof, and driveway parking. Public water and public sewer serve the property.
The 0.2066-acre parcel is located at 38 W Somerset Street in Raritan, New Jersey, within Somerset County. B1 zoning supports the property’s mixed residential and commercial configuration as identified in the listing information.
The 0.2066-acre parcel is located at 38 W Somerset Street in Raritan, New Jersey, within Somerset County. B1 zoning supports the property’s mixed residential and commercial configuration as identified in the listing information.
Key Highlights
- Three residential apartments and one commercial storefront
- 6,720 square feet of building area
- 0.2066‑acre lot at 38 W Somerset Street, Raritan, NJ 08869
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 create a combined residential and business-use configuration.
Where is this mixed-use property located?
The property is located at 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 and one commercial storefront; 6,720 square feet of building area; 0.2066‑acre lot at 38 W Somerset Street, Raritan, NJ 08869
