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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 $1,100,000 ($198.59/SF)

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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
$1,100,000
Price Per SF
$198.59
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

TD Bank
Retro Fitness
Fulton Bank of New Jersey
PNC Bank
Tim Hortons
Shoprite Of Somerville
Starbucks
Yoga Six
StretchLab
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-00108-0000-00001
Land Assessment
$120,300
Improvements Assessment
$266,500
Total Assessment
$386,800
  • Listing ID: 38520500

  • Date on Market: 11/20/2025

  • Last Updated:

  • Address: 2-4 E Somerset St, Raritan, NJ 08869

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