1. New Jersey
  2. Raritan
  3. 48 1st Avenue
$925,000

48 1st Avenue, Raritan, NJ 08869

  • 6 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month 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 Agent Remarks: Please call maggie at 201-286-2927 to make an appointment.

Listing Status:
Active
Date Added:
August 4, 2025 at 05:00AM
Listing Office:
Prominent Properties Sotheby's International Realty-Englewood Cliffs : 201-585-8080
Listing Agent:
Maggie Huang Raffaele : 201-286-2927
MLS ID:
25026894
  • Rooms: 14
  • Laundry: See Remarks

This listing courtesy of Maggie Huang Raffaele, Prominent Properties Sotheby's International Realty-Englewood Cliffs

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

John F. Kennedy Elementary School

255 Woodmere St, Raritan, NJ, 08869

Grades KG-4

0.56 miles away

B

Bridgewater-Raritan Regional Middle School

128 Merriwood Dr, Bridgewater, NJ, 08807

Grades 7-8

2.82 miles away

B

Bridgewater-Raritan Regional High School

600 Garretson Rd, Bridgewater, NJ, 08807

Grades 9-12

1.67 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.