Closed 36-38 W Somerset Street, Raritan, NJ 08869
$565,000
0 beds 0 baths 6,720 sqft Built 196013 days on marketActive
About this home
Excellent mixed-use investment opportunity featuring three residential apartments and one commercial storefront. This versatile property offers the potential for multiple income streams and is ideal for investors or owner-occupants.
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 4% APR.
Your estimated payment
$4,547/mo
- Real estate (PITI + HOA + PMI)
- $4,206
- Utilities
- $689
- Transportation
- $112
- Other (entertainment)
- $143
Principal + interest$2,563
Property tax + insurance$1,431
PMI / 2nd mortgage$212
Heating + cooling$190
Internet + TV + phone$143
Water + sewer + garbage$58
Car insurance + maintenance$112
Budget$5,047/mo
Remaining after TLC$500/mo
Purchase price
$565,000
Down payment
$28,250 (5%)
Loan amount
$536,750
APR
4%
Quick facts
Type
Commercial
Style
—
Year built
1960
Lot size
0.2066 ac
Stories
3
Heating
Radiant, See Remarks
Cooling
Ceiling Fan(s), Wall Unit(s), See Remarks
Water
Public
HOA
—
Annual tax
$7,730
MLS #
2703160R
County
Somerset
Home features
Parking
DrivewayOn Site
Flooring
Laminate
Roof
Asphalt
Sewer
Public Sewer
Lot features
See Remarks
Neighborhood — 08869
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 7,018 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 21.00% | 14.00% | 20.00% |
| Population Density | 3,237 | 1,137 | — |
| Male | 3,394 | 4,307,827 | 147,432,321 |
| Female | 3,624 | 4,525,010 | 151,655,844 |
| Never Married | 1,338 | 1,965,811 | 63,775,926 |
| Married | 3,130 | 3,647,435 | 123,120,365 |
| Separated | 275 | 391,239 | 12,639,686 |
| Widowed | 452 | 515,172 | 15,467,586 |
| Divorced | 485 | 529,393 | 23,075,029 |
| Number Of House Hold | 2,794 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.51 | 2.73 | 2.60 |
| Medial Age | 38.09 | 37.15 | 35.46 |
| Median House Hold Income | $59,193 | $63,392 | $48,276 |
| Average House Hold Income | $76,316 | $83,312 | $63,629 |
| P C I | $30,526 | $30,662 | $24,529 |
| M D I | $49,157 | $52,505 | $41,133 |
| A T H E | $58,590 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 92.45% | 81.02% | 77.74% |
(Zip) Code
8869
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Recently sold nearby
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Listing information last refreshed 8/26/2026. Provided courtesy of HALO REALTY via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.