Sold
Last Sold Price
3 beds
88 E Somerset St, Raritan, NJ 08869
Multi FamilyProperty Type
0.14 acresLot Size
1900Year Built
5 carsParking Spaces

Description

Garage Roof 5 years old, Usable space approx. 2000 including renovated attic and Finished portion of the basement. 3 car garage with walk up storage area above all 3 garages. 2006 Renovated 3rd floor walk up attic including new windows, New insulation and wall boards. All new electric and new flooring.Garage Roof 5 years old, Usable space approx. 2000 including renovated attic and Finished portion of the basement. 3 car garage with walk up storage area above all 3 garages. 2006 Renovated 3rd floor walk up attic including new windows, New insulation and wall boards. All new electric and new flooring.
  • Listed by: ZURMA VARGAS • COLDWELL BANKER REALTY
Listing closed: 09/05/2018 12:00 AM • Source: GSMLS Back Office, MLS#: 3479537

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Recent comparable sales

Median sold price

$500,000

Avg days on market

57

Sale-to-list ratio

101.8%

Raritan, NJ

9 comparable properties found

1

$510,000

Sold 11/21/24

3
Bedrooms
Unavailable
Square Feet
0.11
Acres
2

$367,000

Sold 09/25/26

3
Bedrooms
Unavailable
Square Feet
0.04
Acres
3

$335,000

Sold 04/30/25

3
Bedrooms
Unavailable
Square Feet
0.07
Acres
4

$395,000

Sold 06/03/26

3
Bedrooms
Unavailable
Square Feet
0.24
Acres
5

$420,000

Sold 04/21/25

3
Bedrooms
Unavailable
Square Feet
0.09
Acres
6

$595,000

Sold 05/08/25

3
Bedrooms
Unavailable
Square Feet
0.17
Acres
7

$490,000

Sold 03/19/25

3
Bedrooms
Unavailable
Square Feet
0.11
Acres
8

$540,000

Sold 02/14/25

3
Bedrooms
Unavailable
Square Feet
0.17
Acres
9

$620,000

Sold 07/24/26

4
Bedrooms
Unavailable
Square Feet
0.14
Acres

Location

Listing Courtesy of COLDWELL BANKER REALTY, ZURMA VARGAS
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$2,047 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,484

Property Taxes

$563

HOA Dues

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Property Information for 88 East Somerset Street

Property Details
  • Taxes: $6,755 / year
  • MLS Type: Multi Family
  • Directions: south on US-206 S toward E Somerset St,Turn right at the 1st cross street onto E Somerset St
  • Days On Market: 35
Building Information
  • Residences: 2
  • Year Built: 1900
  • Lot Size: 0.14 AC / 6,098 SF
Summary
Location and General Information
  • Zoning: Residential
  • Active Days on Market: 28
  • Comprehensive Days on Mkt: 0
  • County #: Somerset
  • Town Name: Raritan Boro
  • Block Identifier: 112
  • Listing Type: Exclusive Right to Sell
  • Town #: 2716.0
  • Street # Display: 88.0
  • # Parking Spaces: 2
  • County Or Parish: Somerset
  • Street Name: E SOMERSET ST
  • Zip Code: 08869-2121
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $6,755
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 283100.0
  • Tax ID For Property: 2716-00112-0000-00002-0000-
  • Tax Rate Amount: $2
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year: 2018
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Blacktop, Driveway-Exclusive, On-Street Parking
  • # Garage Spaces: 3
  • Garage Description: See Remarks, Loft Storage, Detached Garage
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 2
  • Approximate Lot Size: 40X153
  • Total Acres: 0.14
  • Construction Date/Year Built: 1900
Property and Assessments
  • Assessment Bldg: 137600.0
  • Assessment Land: 145500.0
  • Farm Assessment: No
Utilities
  • Cooling: Window A/C(s)
  • Services: Cable TV Available, Garbage Included
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Natural Gas
  • Heating: Radiators - Hot Water
  • Fuel Type: Gas-Natural
  • Sewer: Public Available, Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
  • Exterior Features: Open Porch(es)
Interior Features
  • Interior Features: Fire Extinguisher, Blinds, Wood Floors, Carbon Monoxide Detector, Smoke Detector, Vinyl-Linoleum Floors
  • Roof Description: Slate
  • Basement: Yes
  • Basement Description: Finished-Partially, Finished, Full
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CarbMDet, CeilFan, RgOvGas, Refrig, CookGas, KitExhFn
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 1
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Owner Pays Water
  • Unit 1 Rent: 1100.0
  • Unit 1 Room Description: Dining Room, Kitchen, Porch, Bedrooms, Den
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 800.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Washer, Dryer, Fire Alarm System, Range/Oven - Gas, Refrigerator
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 12-31-2017
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Owner Pays Water
  • Unit 2 Rent: 1100.0
  • Unit 2 Room Description: Kitchen, Bedrooms, Eat-In Kitchen, Rec Room
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 1503.0
  • Unit 2 Sq Ft: 724.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $7,855.00
  • Expenses Include: Insurance, Taxes
  • Net Operating Income: $18,545.00
  • Gross Operating Income: $26,400.00
Rental
Rental Information
  • Home Warranty: false
  • Tenant Pays: Electricity, Hot Water, Gas

Property History for 88 East Somerset Street

DateEvent & SourcePriceAppreciation
Sep 5, 2018

Sold

MOMLS #21823803

$278,000—
Aug 31, 2018

Sold (Public Record)

Public Record #631042015

$278,000

-0.5% / yr

Aug 31, 2018

Sold

GSMLS #3479537

$278,000—
DateEvent & SourcePrice
09/05/2018

Sold

MOMLS #21823803

$278,000
08/31/2018

Sold (Public Record)

Public Record #631042015

$278,000

-0.5% / yr

08/31/2018

Sold

GSMLS #3479537

$278,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 88 East Somerset Street

Taxable ValueLand$145,500Additions$137,600Total$283,100
Tax Record2025$8,612 ($718 / month)
Home Facts
Beds0Total Finished SqFt1,524 SqFtAbove Grade Finished SqFt1,524 SqFtStories2Lot Size6,120 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated1900CountySOMERSETAPN16-00112-0000-00002

Schools near 88 East Somerset Street

This home is within Bridgewater-Raritan Regional School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
John F. Kennedy Elementary School
PublicK to 4

Eisenhower Elementary School
Public5 to 6

Bridgewater-Raritan Middle School
Public7 to 8

Bridgewater Raritan High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 88 East Somerset Street, Raritan, NJ 08869
$278,000
3
–
6,098
$21,000
–
–
3,096
12,998
$590,000
–
3
1,872
12,079
$750,000
–
–
–
13,839
–
–
–
1,648
4,800
–
–
–
–
96,268

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER REALTY, ZURMA VARGAS

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 09/30/2026 01:25 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 09/30/2026 01:25 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.