46 E Somerset Street E Raritan, NJ 08869

Building Details

Year Built

1910

Listing office ACTION PLUS REALTY C-21 b***@gmail.com Show Phone

Listing date Sep 4, 2025

Source Corcoran

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Investment Insights

Based on property information with market context.

Located in the downtown Raritan Borough neighborhood, this building is fully leased but currently empty, offering the possibility of renovations while collecting rent. The property features 5 exam rooms, 10 parking spaces including one handicapped space, a kitchen/break room, and 2 bathrooms. Additional features include a basement, attic, and original hardwood floors upstairs. The building provides ample office and storage space. The property has a 6.01% cap rate.

Key Highlights

• Fully leased building provides immediate rental income during renovations.
• Attractive 6.01% Cap Rate.
• Located in the downtown Raritan Borough neighborhood.

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FAQs

What type of property is this?

Medical Office Space - Fully leased building in Raritan Borough with renovation potential.

Where is this medical office space located?

The property is located at 46 E Somerset Street E Raritan, NJ.

What is the asking price?

The asking price for this property is $975,000.

What are key features of this property?

This property features: Fully leased building provides immediate rental income during renovations.; Attractive 6.01% Cap Rate.; Located in the downtown Raritan Borough neighborhood.