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Listed price in listed location currency (USD).
$925,000

640

MLS® 3979325

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes $10,376
Days Active 186
Lot Size 0.06 acres
Approx. Age 1940
MLS® Number 3979325

Property Address: 48 1st Ave, Raritan, NJ, 08869-1721

Average square foot calculated using Size range provided by listing agent.

Description

Prime Investment Opportunity - Legal 4 Family + Commercial Property (54 2nd St) in Raritan. An excellent income-producing opportunity for savvy investors! This package includes a fully rented legal 4-family property and a neighboring commercial building . Four units total: Unit #1: 1BR/1BA (new kitchen, freshly painted " rented $1, 350) Unit #2: 1BR/1BA (renovated kitchen " rented $1, 350) Unit #3: 2BR/1BA (new kitchen, new paint " rented $2000, Unit #4: 2BR/1BA -rented $1600 Separate gas, electric & water meters (4 of each) " tenants pay all utilities Full basement, 4 gas furnaces, 4 hot water heaters, Shared driveway, no dedicated parking, street parking available Roof approx. 15"20 years old 2025 Property Tax: $10, 570.95 ( 54 2nd st tax 5, 484 ) Total monthly rent: $6300
MLS® Number3979325
Laundry Level
Central VacNo
FireplaceNo
Acreage0.06
Exterior
GarageNo
Approx. Age1940
BasementFull
DrivewayOn-Street Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 4, 2025List Date
$925,000List Price
  • Commute

Commute

Starting Address
Destination Address
48 1 St Ave, Raritan, NJ

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