1 St Avenue, Raritan Boro, NJ 08869

6 beds |
4 baths

Multi-Family Home
Built in 1940
2,614sqft lot
—— car garage
$——/sqft
Listed 2 days ago

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

Listing Status:: Active
Listing Office:: PROMINENT PROPERTIES SIR : 201-585-8080
MLS ID:: 3979325

Basement: Full
A/C: 4+ UnitsWindow A/C(s)
Heating: 4+ UnitsMulti-ZoneGas-Natural

This listing courtesy of PROMINENT PROPERTIES SIR

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

John F. Kennedy Elementary School

255 Woodmere St, Raritan, NJ, 08869

Grades KG-4

0.55 miles away

Bridgewater-Raritan Regional Middle School

128 Merriwood Dr, Bridgewater, NJ, 08807

Grades 7-8

2.83 miles away

Bridgewater-Raritan Regional High School

600 Garretson Rd, Bridgewater, NJ, 08807

Grades 9-12

1.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.