54 Somerset St Raritan, NJ 08869
This exceptional investment opportunity presents a fully stabilized multifamily property situated on a highly visible corner lot in Raritan, New Jersey. The property comprises two buildings, encompassing a total of 14 tenants – a balanced mix of 4 commercial and 10 residential units. This diverse tenant base contributes to a strong and consistent income stream. The 0.28-acre site is zoned B-1, offering potential for future expansion or redevelopment, subject to local regulations. Both buildings have been meticulously maintained, ensuring a high-quality asset for the discerning investor. The property's strategic location in Raritan, Somerset County, provides excellent visibility and accessibility. The address is 54 & 13 West Somerset Street, Raritan, NJ 08869. This is an ideal investment for those seeking a stable, cash-flowing property with significant upside potential in a desirable New Jersey market. The property's strong occupancy rate and consistent rental income make it an attractive addition to any portfolio. Further details regarding financial performance and potential are available upon request.
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Herbal Medicinals Physician Alternative Medicine Practice
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Raritan Public Library Public Library
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.