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Property summary
This exceptional 6,720 square foot commercial property, situated on a 0.21-acre lot at 38 W Somerset St in Raritan, NJ, presents a unique opportunity for businesses seeking a prominent location. Currently configured for optimal functionality, the space includes approximately 2,500 square feet ideal for retail or office use. The layout features several private offices, providing individual workspaces for enhanced productivity and privacy. A dedicated conference room facilitates efficient… meetings and presentations, while a spacious bullpen area offers collaborative work space. A well-equipped kitchen adds convenience for staff and clients. The property's prime downtown Raritan location ensures high visibility and accessibility, making it an attractive option for a variety of businesses. The space is available for occupancy beginning October 1st, 2024. The asking price is $3,125,000. This is a rare opportunity to secure a well-appointed commercial space in a thriving New Jersey community. The ample square footage and versatile layout offer significant potential for customization to suit specific business needs. Don't miss this chance to establish your business in a highly desirable location. Contact us today to schedule a viewing and explore the possibilities.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 54 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Location Insight
- Alternative use
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