81 1st Avenue

Raritan, NJ 08869

$499,000
Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Excellent Opportunity to live in the 1st floor unit and collect rent from the tenants upstairs! This two family is in a great location a few blocks from the train station, major highways, main street and large scale shopping centers! The vacant first floor unit is ready for you or a new tenant to move in with its new flooring, freshly painted and some updated electrical work. The floorplan has a nice flow to it with a large eat-in kitchen, nice family room and dining area plus two bedrooms. The first...Excellent Opportunity to live in the 1st floor unit and collect rent from the tenants upstairs! This two family is in a great location a few blocks from the train station, major highways, main street and large scale shopping centers! The vacant first floor unit is ready for you or a new tenant to move in with its new flooring, freshly painted and some updated electrical work. The floorplan has a nice flow to it with a large eat-in kitchen, nice family room and dining area plus two bedrooms. The first floor has access to basement with washer & dryer. Half the basement is used by the 2nd floor unit. The rear parking can fit 5 vehicles. The second floor has been renovated over the years and also features 2 bedrooms, large eat-in kitchen and a 3rd floor with more living space. Great location, good condition and a great investment opportunity, a must see!
  1. Listed by ALEXANDER PETRONE • KELLER WILLIAMS TOWNE SQUARE REAL

Property Details for 81 1st Avenue

Directions
Route 202/206 to 1st Ave
Days On Market
9

Location

Listing Courtesy of KELLER WILLIAMS TOWNE SQUARE REAL, ALEXANDER PETRONE
Add your commute
LISTING UPDATED: 04/25/2024 01:00 PM

Property Details for 81 1st Avenue

StatusUnder Contract
MLS #3896416
Days on Market9
Taxes$8,239 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1890
Lot Size0.15 AC / 6,534 SF
CountySomerset County

Location

Listing Courtesy of KELLER WILLIAMS TOWNE SQUARE REAL, ALEXANDER PETRONE
Add your commute

Building Information for 81 1st Avenue

Stories-Residences2Year Built1890Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$3,410 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,723

Property Taxes

$687

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 81 1st Avenue

Summary
Location and General Information
  • Middle/Jr High School: BRIDG-RAR
  • Grade School: BRIDG-RAR
  • High School: BRIDG-RAR
  • Active Days on Market: 9
  • County #: Somerset
  • Town Name: Raritan Boro
  • Block Identifier: 38
  • Listing Type: Exclusive Right to Sell
  • Town #: 2716.0
  • Street # Display: 81.0
  • # Parking Spaces: 5
  • County Or Parish: Somerset
  • Street Name: 1ST Ave
  • Zip Code: 08869-1549
  • 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: $8,239
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 289400.0
  • Tax ID For Property: 2716-00038-0000-00008-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Blacktop, Off-Street Parking
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 8
  • Approximate Lot Size: 45X144
  • Total Acres: 0.15
  • Construction Date/Year Built: 1890
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 148100.0
  • Assessment Land: 141300.0
  • Farm Assessment: No
Utilities
  • Cooling: Wall A/C Unit(s)
  • Services: Cable TV Available, Fiber Optic, Garbage Included
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: Radiators - Hot Water
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Storage Shed
Interior Features
  • Interior Features: Carpeting, Vinyl-Linoleum Floors, Walk-In Closet, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Ceiling Fan(s), Dishwasher, Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • 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, Tenant Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Porch
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Ceiling Fan(s), Dishwasher, Range/Oven - Gas, Refrigerator, Smoke Detector, Stackable Washer/Dryer
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 12-31-2024
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 2 Rent: 2250.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 3300.0
  • Unit 2 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00
Rental
Rental Information
  • Home Warranty: false

Property History for 81 1st Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 81 1st Avenue

Taxable ValueLand$141,300Additions$148,100Total$289,400
Tax Record2022$8,005 ($667 / month)
Home Facts
Beds0Total Finished SqFt2,288 SqFtAbove Grade Finished SqFt2,288 SqFtStories2Lot Size6,480 SqFtStyleSingle Family ResidenceYear Built1890CountySOMERSETAPN16 00038-0000-00008

Schools near 81 1st Avenue

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS TOWNE SQUARE REAL, ALEXANDER PETRONE

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