This Multifamily Property is no longer advertised on LoopNet.com.

5 Frederick St
Raritan, NJ 08869
Multifamily Property For Sale · 18 Units

Property Facts

No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.81 AC
Building Size 13,038 SF
Average Occupancy 100%
No. Stories 3
Year Built 1930
Zoning R-3

About 5 FREDERICK ST , RARITAN, NJ 08869

Principals Only Please. 5 Frederick Street in Raritan, New Jersey, presents an investor with the rare opportunity to own 18 units in a desirable location within Somerset County. The property is within walking distance to public transportation, is situated near stable employment centers, and is within a few blocks of numerous dining, shopping, and nightlife options with major investment visually evident in the local area. Only two apartments have been newly renovated providing the opportunity for unit improvements, achieving premium rents in a municipality with no adopted rent control ordinance. The property will provide a potential owner with a stable, cash-flowing asset, with strong long term appreciation.

Property Taxes

Property Taxes

Parcel Number
16-00110-0000-00006
Land Assessment
$210,000
Improvements Assessment
$1,263,300
Total Assessment
$1,473,300
  • Listing ID: 18469813

  • Date on Market: 2/10/2020

  • Last Updated:

  • Address: 5 Frederick St, Raritan, NJ 08869

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