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5 Frederick St
Raritan, NJ 08869
Multifamily Property For Sale
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18 Units
Property Facts
| No. Units | 18 | Lot Size | 0.81 AC |
| Property Type | Multifamily | Building Size | 13,038 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | C | Year Built | 1930 |
| Zoning | R-3 | ||
| 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
| Parcel Number | 16-00110-0000-00006 | Improvements Assessment | $1,263,300 |
| Land Assessment | $210,000 | Total Assessment | $1,473,300 |
Property Taxes
Parcel Number
16-00110-0000-00006
Land Assessment
$210,000
Improvements Assessment
$1,263,300
Total Assessment
$1,473,300
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