Closed$2,500
TLC ≈ $270/mo
2 1 —
37 E Somerset Street #1, Raritan, NJ 08869
325-503 Roycefield Road, Hillsborough, NJ 08844
$899,000
0 beds 0 baths —1 days on marketActive
About this home
Rare opportunity to own a fully renovated property on nearly 3 acres in a commercial zone. This unique offering features a beautifully renovated home with 3 bedrooms, 2 full baths, a finished basement, and 2 additional bonus rooms ideal for a home office, playroom, gym, or flex space. Completely renovated in 2024 with modern finishes throughout. The expansive rear portion of the property includes a large leveled area ideal for trailer parking, equipment storage, or business use. A newly installed privacy fence separates the home from the rear acreage, providing added privacy while preserving the property's exceptional commercial potential.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.
Your estimated payment
$8,330/mo
- Real estate (PITI + HOA + PMI)
- $8,064
- Utilities
- $775
- Transportation
- $112
- Other (entertainment)
- $157
Principal + interest$5,791
Property tax + insurance$1,936
PMI / 2nd mortgage$337
Heating + cooling$226
Internet + TV + phone$157
Water + sewer + garbage$58
Car insurance + maintenance$112
Budget$8,830/mo
Remaining after TLC$500/mo
Purchase price
$899,000
Down payment
$44,950 (5%)
Loan amount
$854,050
APR
7.19%
Quick facts
Type
Commercial
Style
Ranch
Year built
—
Lot size
2.775 ac
Stories
0
Heating
—
Cooling
—
Water
—
HOA
—
Annual tax
$7,631
MLS #
2700320R
County
Somerset
Home features
Ownership
Fee Simple
Lot features
See Remarks, Flag Lot
Neighborhood — 08844
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 33,612 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 34.00% | 14.00% | 20.00% |
| Population Density | 609 | 1,137 | — |
| Male | 16,739 | 4,307,827 | 147,432,321 |
| Female | 16,874 | 4,525,010 | 151,655,844 |
| Never Married | 5,865 | 1,965,811 | 63,775,926 |
| Married | 16,265 | 3,647,435 | 123,120,365 |
| Separated | 721 | 391,239 | 12,639,686 |
| Widowed | 1,060 | 515,172 | 15,467,586 |
| Divorced | 1,731 | 529,393 | 23,075,029 |
| Number Of House Hold | 11,796 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.83 | 2.73 | 2.60 |
| Medial Age | 36.06 | 37.15 | 35.46 |
| Median House Hold Income | $95,236 | $63,392 | $48,276 |
| Average House Hold Income | $109,604 | $83,312 | $63,629 |
| P C I | $39,159 | $30,662 | $24,529 |
| M D I | $74,070 | $52,505 | $41,133 |
| A T H E | $73,971 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 80.82% | 81.02% | 77.74% |
(Zip) Code
8844
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Recently sold nearby
Listing information last refreshed 7/7/2026. Provided courtesy of PREMIER HOME PROS via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.