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48 1st Avenue
Raritan NJ 08869 US

$925,000

Active Listing ID 25026894
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6 bed
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4.00 Bath (4 Full)
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Other

$925,000

Active Listing ID 25026894
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48 1st Avenue 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 Agent Remarks: Please call maggie at 201-286-2927 to make an appointment.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: None (Cooling)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 925000
  • unparsedaddress: 48 1st Avenue
  • postalcity: Raritan
  • stateorprovince: NJ
  • country: US
  • postalcode: 08869
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Maggie Huang Raffaele
  • listagentemail: maggie@mjgrouprealestate.com
  • listagentkey: 3yd-NJMLS-130363
  • listagentmlsid: 130363
  • listagentpreferredphone: 2012862927
  • listagentofficephone: 2015858080
  • listofficekey: 3yd-NJMLS-57445
  • listofficemlsid: 57445
  • disclaimer: Copyright © 2025 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NJMLS
  • listagenturl: http://prominentproperties.com
  • countyorparish: SOMERSET
  • cooling: None (Cooling)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Sotheby's International Realty
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Prominent Properties Sothebys International Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"maggie@mjgrouprealestate.com", "ListBrokerageCity":"Englewood Cliffs", "ListBrokerageCountry":"US", "ListBrokerageEmail":"randy.ketive@prominentproperties.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Prominent Properties Sothebys International Realty", "ListBrokeragePhone":"(201) 585-8080", "ListBrokeragePostalCode":"07632", "ListBrokerageStateOrProvince":"NJ", "ListBrokerageUnitNumber":"2nd Floor", "ListBrokerageUnparsedAddress":"457 Sylvan Avenue", "ListBrokerageWebsiteUrl":"http://prominentproperties.com", "ListOfficeAddress1":"457 Sylvan Avenue", "ListOfficeAddress2":"2nd Floor", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Englewood Cliffs", "ListOfficeCountry":"US", "ListOfficeEmail":"randy.ketive@prominentproperties.com", "ListOfficePostalCode":"07632", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"4 Family - Raritan, NJ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/48-1st-Ave_Raritan_NJ_08869_M91736-77001?f=listhub&s=NJMLS&m=25026894&c=rexren", "MLSModificationTimestamp":"2025-08-04T21:38:25Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"4 Family", "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/5/2025 12:02:46 AM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Maggie Huang Raffaele, Prominent Properties Sotheby's International Realty-Englewood Cliffs, maggie@mjgrouprealestate.com

Copyright © 2025 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.