Save to Favorites
Print
Share
Listed with Maggie Huang Raffaele | 201-286-2927, Prominent Properties Sotheby's International Realty-Englewood Cliffs

PRICE $925,000 dsIDX morgage calculator
BEDS 6
BATHS 4
HOME SIZE n/a
LOT SIZE n/a

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.

DAYS ON MARKET 90 LAST UPDATED 8/4/2025
YEAR BUILT 0 COUNTY SOMERSET
STATUS Active PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
STYLE 4 Family
TAXES 10570
UTILITIES Natural Gas Available, Electricity Connected, Natural Gas Connected, Water Connected
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 48 1ST AVENUE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Josh Baris to contact you even if your name is on a Federal or State "Do not call List".

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 Sotheby's 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.

All information deemed reliable but not guaranteed. Last date updated: 11/2/25 1:50 AM PST Source: New Jersey Multiple Listing, Inc.

© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2025.