Property summary
This exceptional mixed-use property, located at 49 W. Somerset Street in Raritan, New Jersey, presents a compelling investment opportunity. The 3,700 square foot building boasts a prime location in the heart of downtown Raritan, just four blocks from the Raritan Train Station, making it highly accessible for commuters and residents alike. The property is zoned B-1 (Central Business District) and sits on a 0.14-acre lot. The building is a two-story structure featuring approximately 3,700… square feet of space. Currently configured as a seven-unit property, it includes retail space on the first floor and six residential units on the second floor, generating a substantial net operating income (NOI) of $51,755. Ample parking is available both on Somerset Street and in a paved rear lot. Raritan is experiencing significant growth, transforming into a transit-oriented community, with several new apartment complexes recently constructed nearby. This strategic location on Raritan's main street, Somerset Street, places the property within walking distance of local restaurants, retail shops, services, a public library, a post office, and other residential and office buildings. The proximity to the NJ Transit train station further enhances its appeal and potential for future development or expansion. This property offers a unique blend of income-generating retail and residential components, making it an attractive investment in a thriving New Jersey community. The strong NOI and prime location make this a rare opportunity for investors seeking a stable and appreciating asset.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
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 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.14 ac
- Year built
- 1920
- Stories
- 2
- APN
- 16 00105-0000-00004
- Assessed value · 2023
- $470,000
- Annual tax · 2022
- $13,000
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 any signals we can model, to 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.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Alternative use
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