Medical Premises

Raritan, NJ Medical Office Space for Sale

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Raritan Borough Leased Building
Updated: Nov 4, 2024
Raritan Borough Leased Building

46 E Somerset Street, Raritan, NJ 08869

$975,000
2,428 sqft
Fully leased building provides immediate rental income during renovations.
Attractive 6.01% Cap Rate.
Located in the downtown Raritan Borough neighborhood.
Includes 5 exam rooms, suitable for medical or professional services.
Features 10 parking spaces, including one handicapped space.
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See what stands out in Somerset County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Raritan, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Remodeled Medical Office Building
Remodeled Medical Office Building

2 Park Avenue, Somerville, NJ 08876

$700,000
4,000 sqft

Freestanding, newly remodeled one-story brick building offering flexible space that can divide into two office units.

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Fully Furnished Medical Office Suites
Fully Furnished Medical Office Suites

72 W End Ave, Somerville, NJ 08876

Contact for pricing
7,040 sqft

Second-floor medical office suites offer fully furnished single offices with convenient off-street parking.

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Medical and Office Suites
Medical and Office Suites

350 Grove St, Bridgewater, NJ 08807

Contact for pricing
16,320 sqft

Five office suites, plus a larger former medical spa suite, are available with on-site parking and major highway access.

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Medical Condo Suite For Sale
Medical Condo Suite For Sale

215 Union Ave, Bridgewater, NJ 08807

$299,900
2,690 sqft 1.46 AC lot

2690 SF medical condo suite in Bridgewater, NJ.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Medical Uses
Commercial Land with Medical Uses

351 Doctors Way, Hillsborough, NJ 08844

$2,500,000
3.29 AC lot

Commercial HS zoning supports medical offices, business services, restaurants, and designated care facilities.

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Commercial Development Land
Commercial Development Land

812-822 US Highway 206, Hillsborough, NJ 08844

$2,995,000
7.88 AC lot

Three-lot commercial development site with 631 feet of frontage on US Highway 206 in Hillsborough’s HS zone.

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Commercial Land in HD Zone
Commercial Land in HD Zone

123 Applegarth Road, Monroe, NJ 08831

$1,275,000
3,204 sqft 4.60 AC lot

4.6-acre commercial land on Applegarth Road with existing single-family residence and public water access in Monroe’s HD zone.

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Off-Market Properties in Raritan, NJ

Consider similar Off-Market properties in Raritan, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

575 Nj-28
Medical Office Space

575 Nj-28, Raritan, NJ 08869

Value Estimation by Request
82,000 sqft
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Raritan, NJ Medical Office Space Market Trends and Statistics

Explore 2 medical office space for sale in Raritan, NJ on our real estate platform. These investment opportunities span a total of 2,428 square feet of properties for sale, with an estimated market value of $975,000.

Sale prices for medical spaces in Raritan, NJ average $975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 9

Demographics Overview

Population 8,192
Population Growth (5Y) +5.1%
Median Household Income $103,699
College Educated 56.1%

Taxes & Financing

Tax Rate (average for all types) 2.74%
Property Tax per SF $12.05 per SF
Tax Rate vs County Average 0.68 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Somerset County

New Delisted

Total CRE Inventory on Market (SF)

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