REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Sep

Mon

Sep

Tue

Sep

Michael Ades

[email protected] +1(732) 245-7060

$ 975,000

Est. payment -/mo

Save

New

46 E Somerset Street Raritan, NJ 08869

2,428 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,428 sqft

Price per Sqft $401

Municipality Raritan Boro (RAR)

MLS Listing ID 22526703

Year Built 1910

Annual Tax Amount $8,915

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Office

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

Nestled in very busy downtown Raritan Boro is an empty office building with a LEASE IN PLACE ! Raritan Foot and Ankle has moved out but is still paying the rent on the current lease until January 31, 2030. Paying a handsome cap rate of 6.01%, you may elect to renovate the building to your liking while collecting your rent !!

Location

State NJ

County Somerset

Area None

Direction From US 22 West take the jug handle for 202/206 South towards Somerville. Turn left on Highway 206, (West End Avenue) then highway 206 South. Turn right on E Somerset Street and your destination is on your left.

Rooms

Basement Heated, Partially Finished, Tenant Access

Interior

Flooring Wood

Inclusions Signs, Business Name

Exterior

Parking Features Lighted, On Site, Parking Lot, Paver Block

Amenities Available Management, Landscaping

Private Pool No

Building

Lot Description Level, Curbing, Highway Frontage, Landscaped, Sidewalks

Sewer Public Sewer, Storm Sewers

Water Public

New Construction No

Others

Senior Community No

Listed by C21/ Action Plus Realty

Get More Information

Michael Ades

+1(732) 245-7060

Agent | License ID: 1757492

Agent License ID: 1757492

Quick Search