34 E Somerset St Raritan, NJ 08869
Property profile & analytics
34 E Somerset St, Raritan, NJ 08869
- Commercial real estate
- 4,224 SF
- 0.15 lot acres
Property ID
US59-0034300
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Morristown Memorial Wound Care: Cooper David MD / Physician
- Morristown Memorial Wound Care: Atlas Arthur MD / Physician
- Shah Ashish MD / Physician
- Morristown Memorial Wound Care: Assefa Dagnachew MD / Physician
- Morristown Memorial Wound Care: Benning Kathleen M DO / Physician
Property Details for 34 E Somerset St
- Year built
- 1940
- Construction
- FRAME
- Lot size
- 0.15 lot acres
- Property type
- Commercial real estate
- APN
- 16 00090-0000-00020
- APU
- 1600090000000020
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 12, 2012 | $335,000 | Property Ventures LLC | Ab Realty LLC | Grant Deed | — |
| Aug 15, 2012 | $401,000 | Ab Realty LLC | Sheriff Of Somerset County | Trustees Deed · related | — |
| Sep 13, 2010 | — | Natale Children LLC | Jdn Properties At Raritan II L | Grant Deed | — |
| Feb 16, 2006 | $1 | Jdn Properties Of Raritan II LLC | Jdn Properties LLC | Quit Claim Deed · related | — |
| Sep 13, 2005 | $600,000 | Jdn Props Ltd Liability Co | Brown,geraldine | Grant Deed | $450k · Amboy National Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,185,000
- 6.5%
- $1,090,000
- 7%
- $1,015,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $961,000
Market price range: $680k - $1.63M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,080,000 Current use
- OFFICE BUILDING
- $870,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Raritan
- County
- Somerset
- State
- New Jersey
- Longitude
- -74.6346
- Latitude
- 40.5675
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$14,061
$126,300
$382,100
$508,400
-
$126,300
$382,100
$508,400