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2-4 East Somerset Street Raritan NJ 08869 2-4 E Somerset St 5,539 SF 100% Leased Retail Building Raritan, NJ 08869 $1,534,720 CAD ($277.08 CAD/SF)



EXECUTIVE SUMMARY
A unique investment property in prime location of Raritan. 3 apartments and a store front. Roofs are 1 year old, updated electric 200 amp, fully remodeled store front new central air in store and one apartment. Many updates in units all units are currently occupied. Walking distance NJ transit train station, churches, laundromat post office and municipal building opening up. Also shopping malls.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,539 SF
Building Class
C
Year Built/Renovated
1944/2023
Price
$1,534,720 CAD
Price Per SF
$277.08 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
1.73
Lot Size
0.07 AC
Zoning
B-1
Frontage
40’ on SOMERSET ST
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- 91 East Communications
- Finance and Insurance
- -
- -
- -
- Mortgage Unlimited Li
- Professional, Scientific, and Technical Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| 91 East Communications | Finance and Insurance | - | - | - | ||
| Mortgage Unlimited Li | Professional, Scientific, and Technical Services | - | - | - |
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-00108-0000-00001 | Improvements Assessment | $374,259 CAD |
| Land Assessment | $168,943 CAD | Total Assessment | $543,203 CAD |
PROPERTY TAXES
Parcel Number
16-00108-0000-00001
Land Assessment
$168,943 CAD
Improvements Assessment
$374,259 CAD
Total Assessment
$543,203 CAD
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Presented by
RE/MAX Classic Group
2-4 East Somerset Street Raritan NJ 08869 | 2-4 E Somerset St
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