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
Active
$925,000
1 St Avenue, Raritan Boro, NJ 08869
6beds
3,500sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$264/sqft
$-- HOA
What's special
New kitchenShared drivewayFull basementRenovated kitchen
- 11 hours
- on Zillow |
- 72 |
- 4 |
Zillow last checked: 12 hours ago
Listing updated: 20 hours ago
Listed by:
Maggie Raffaele 201-286-2927,
Prominent Properties Sir
Source: GSMLS,MLS#: 3979325

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- 4+ Units, Zoned, Natural Gas
Cooling
- 4+ Units, Window Unit(s)
Features
- Bedrooms, Kitchen, Living/Dining Room
- Basement: Yes,Full
- Has fireplace: No
Interior area
- Total structure area: 3,500
- Total interior livable area: 3,500 sqft
Property
Parking
- Parking features: On Street, On-Street Parking
- Has uncovered spaces: Yes
Lot
- Size: 2,613.6 Square Feet
- Dimensions: 45 x 62
- Features: Corner Lot
Details
- Parcel number: 2716000820000000260000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1940
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Cable Connected
Community & HOA
Location
- Region: Raritan
Financial & listing details
- Price per square foot: $264/sqft
- Tax assessed value: $347,500
- Annual tax amount: $10,376
- Date on market: 8/4/2025
- Total actual rent: 6300
- Tenant pays: Electricity, Gas, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water, Tenant Pays Heat
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