51 West Somerset Street
51 West Somerset Street
$495,000
2
1
1
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Under Contract
Description
Price Reduced! Location! Location! Location! In the middle of thriving Raritan downtown next to Somerville. Amazing Mix Use Building. 1st Floor is a Retail Store. 2nd Floor is a 2 Bedroom Apartment. Large Storage Shed & Parking in Back. Separate Utilities except water. Below market rent. Low Taxes. Potential Rental Income $45,600. Building is only 4 Blocks to Raritan Train Station, just a short 6 minutes walk. Plus access to a Great School System. Motivated Seller, make offer.Price Reduced! Location! Location! Location! In the middle of thriving Raritan downtown next to Somerville. Amazing Mix Use Building. 1st Floor is a Retail Store. 2nd Floor is a 2 Bedroom Apartment. Large Storage Shed & Parking in Back. Separate Utilities except water. Below market rent. Low Taxes. Potential Rental Income $45,600. Building is only 4 Blocks to Raritan Train Station, just a short 6 minutes walk. Plus access to a Great School System. Motivated Seller, make offer.
- Listed by NADEEM QAVI • RE/MAX COMPETITIVE EDGE
Property Details for 51 West Somerset Street
Directions
Rte 287 or Rte 22 to Rte 206 to Somerset St
Days On Market43
Section/Subdiv/DevelopmentDowntown
Location
LISTING UPDATED: 03/22/2024 09:01 PM
Property Details for 51 West Somerset Street
Status | Under Contract |
---|---|
MLS # | 3885316 |
Days on Market | 43 |
Taxes | $6,158 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 2-Two Story |
Year Built | 1940 |
Lot Size | 0.06 AC / 2,613 SF |
County | Somerset County |
Location
Building Information for 51 West Somerset Street
Stories-Residences2Year Built1940Building Size-Lot Size0.06 AC / 2,613 SF
Payment Calculator
$3,215 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 51 West Somerset Street
Property History for 51 West Somerset Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 51 West Somerset Street
Taxable ValueLand$119,500Additions$96,800Total$216,300
Tax Record2022$5,982 ($499 / month)
Home Facts
Stories2Lot Size2,640 SqFtStyleMiscellaneous CommercialYear Built1940CountySOMERSETAPN16 00105-0000-00003
Schools near 51 West 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 | ||
Brdgwtr Raritn Middle School Public7 to 8 | ||
Brdgwtr Raritn 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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