Listing Courtesy of: 201-286-2927 - MAGGIE RAFFAELE - PROMINENT PROPERTIES SIR
201-585-8080
$925,000
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48 1ST AVENUE Raritan, NJ 08869
Multi-Family
Residence
6
Beds
4
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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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 k...itchen, 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
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MLS#
3979325
Property Type
Multi-Family
Bedrooms
6
Bathrooms
4 Full
Year Built
1940
Lot Size
0.06
Sewer
Public Sewer
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