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48 1st Avenue

Raritan, NJ 08869
  • $925,000
  • STATUS: Active Under Contract
  • ON SITE: 187 Days
  • MLS #: 25026894
Under Contract
UPDATED: 65 min ago
$925,000
  • 6
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Ratings & Info

Description

Prime Investment Opportunity - Legal 4 Family + Commercial Property (54 2nd St) in Raritan. An excellent income-producing opportunity for savvy investors! This package includes a fully rented legal 4-family property and a neighboring commercial building.Four units total: Unit #1: 1BR/1BA (new kitchen, freshly painted " rented $1,350) Unit #2: 1BR/1BA (renovated kitchen " rented $1,350) Unit #3: 2BR/1BA (new kitchen, new paint " rented $2000, Unit #4: 2BR/1BA -rented $1600 Separate gas, electric & water meters (4 of each) " tenants pay all utilities Full basement, 4 gas furnaces, 4 hot water heaters, Shared driveway, no dedicated parking, street parking available Roof approx. 15"20 years old 2025 Property Tax: $10,570.95( 54 2nd st Tax 5,484 ) Total monthly rent: $6300 Agent Remarks: Please call maggie at 201-286-2927 to make an appointment.

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© 2026 New Jersey Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. Data last updated: 2026-02-08T20:16:15.073.
www.trompeterrealestate.com/homes/166587804
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48 1st Avenue Raritan, NJ 08869

  • Price: $925,000
  • Status: Active Under Contract
  • On Site: 187 Days
  • Updated: 65 min ago
  • MLS #: 25026894
6
Beds
4
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
Raritan
County:
Somerset
Area:
Raritan
Property Description
Prime Investment Opportunity - Legal 4 Family + Commercial Property (54 2nd St) in Raritan. An excellent income-producing opportunity for savvy investors! This package includes a fully rented legal 4-family property and a neighboring commercial building.Four units total: Unit #1: 1BR/1BA (new kitchen, freshly painted " rented $1,350) Unit #2: 1BR/1BA (renovated kitchen " rented $1,350) Unit #3: 2BR/1BA (new kitchen, new paint " rented $2000, Unit #4: 2BR/1BA -rented $1600 Separate gas, electric & water meters (4 of each) " tenants pay all utilities Full basement, 4 gas furnaces, 4 hot water heaters, Shared driveway, no dedicated parking, street parking available Roof approx. 15"20 years old 2025 Property Tax: $10,570.95( 54 2nd st Tax 5,484 ) Total monthly rent: $6300 Agent Remarks: Please call maggie at 201-286-2927 to make an appointment.
Exterior Features

Architectural Style 4 Family

Interior Features

Rooms Total 14

Property Features

Flood Plain None For Sale Or Lease S Tax Annual Amount 10570 Utilities Electricity ConnectedNatural Gas ConnectedSep HeatWater Connected Year Built Details 1940's

Listing provided by Maggie Huang Raffaele of Prominent Properties Sotheby's International Realty-Englewood Cliffs: 201-585-8080.


© 2026 New Jersey Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. Data last updated: 2026-02-08T20:16:15.073.
 
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