46 E Somerset St E Raritan, NJ 08869
Property profile & analytics
46 E Somerset St E, Raritan, NJ 08869
- Commercial real estate
- 2,428 SF
- 0.19 lot acres
Property ID
US59-3061958
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
- Rubio Dental Clinic / Dental Office
- Ronald Francesco, DPM / Physician
- Raritan Foot & Ankle Care / Medical Clinic
- Ali El-Saheli / Physician
- Tony DiStefano / Physician
Property Details for 46 E Somerset St E
- Year built
- 1910
- Construction
- FRAME
- Lot size
- 0.19 lot acres
- Property type
- Commercial real estate
- APN
- 16 00110-0000-00003
- APU
- 1600110000000003
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 7, 2022 | $580,000 | 46 E Somerset St LLC | R & L Naples 107 LLC | Deed | — |
| Oct 7, 2021 | $539,500 | Somerset4648 LLC | Elsa Rubio | Deed | $350k · Td Bank NA |
| Apr 30, 2018 | $300,000 | R & L Naples 107 LLC | Tripod LLC | Grant Deed | — |
| Jun 20, 2006 | $525,000 | Tripod LLC | Masi,douglas | Grant Deed | $400k · Douglas M & Stephanie Masi |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $690,000
- ML approach
- $705,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $680,000
- 6.5%
- $630,000
- 7%
- $585,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $609,000
Market price range: $391k - $938k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $620,000 Current use
- OFFICE BUILDING
- $500,000 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
- -74.6297
- Latitude
- 40.5686
- 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
$8,915
$164,300
$158,000
$322,300
-
$164,300
$158,000
$322,300
