48 1st Avenue, Raritan, NJ 08869

Local realty services provided by:Better Homes and Gardens Real Estate PorchLight Properties
48 1st Avenue,Raritan Boro, NJ 08869
$925,000
  • 6 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: maggie raffaele
Office: prominent properties sir
MLS#:3979325
Source:NJ_GSMLS

Price summary

  • Price:$925,000

About this home

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

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1940
  • Listing ID #:3979325
  • Added:163 day(s) ago
  • Updated:February 11, 2026 at 03:12 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Cooling:4+ Units, Wall A/C Unit(s)
  • Heating:4+ Units, Multi-Zone

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1940
  • Lot area:0.06 Acres

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$925,000
  • Tax amount:$10,376 (2024)
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated February 11, 2026

New listings near 48 1st Avenue