NJ > Raritan Boro
Raritan Boro, NJ 08869,1 St Avenue
Raritan Boro, NJ 08869,1 St Avenue
Raritan Boro, NJ 08869,1 St Avenue
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Giovanni Maggipinto

Giovanni Maggipinto

+1(908) 872-7635
$925,000
Est. payment /mo
6 Beds
4 Baths
3,500 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $264

MLS Listing ID 3979325

Style Fourplex

Bedrooms 6

Full Baths 4

Year Built 1940

Annual Tax Amount $10,376

Tax Year 2024

Lot Size 2,613 Sqft

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

Location

State NJ

County Somerset

Rooms

Basement Full

Interior

Heating Gas-Natural

Cooling 4+ Units, Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Parking Features On-Street Parking

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Corner

Sewer Public Sewer

Water Public Water

Architectural Style Fourplex

Others

Senior Community No

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
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agent

Giovanni Maggipinto

+1(908) 872-7635

Realtor Associate | License ID: 1644529

Realtor Associate License ID: 1644529

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