5 3rd St

Raritan Boro, NJ 08869


 

Price: $585,000

GSMLS:  4034692
Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 4
Baths: 2 Full
Garage: No
Year Built: 1900
Acres: 0.14
Property Tax: $8,167
Description
Open House Saturday 11AM–2PM.
Well-positioned investment property featuring two separate residential units and attractive shared outdoor amenities. The main unit includes 3 bedrooms, 1 full bath, hardwood floors, quality millwork, a walk-up attic, unfinished basement and a newer roof. The detached 1-bedroom, 1-bath studio apartment provides an additional income stream and added flexibility.The privacy-fenced backyard offers a gazebo with firepit, patio with outdoor television, and storage shed, creating outdoor space that enhances both units. Ideally situated within walking distance of the train station and offering easy access to highways, Bridgewater Commons, restaurants, shopping, and schools, this property presents a solid opportunity for long-term investment or owner-occupied rental income. Please note that the seller has always lived in Unit 1 and has only rented U2. The Gross Operating Income is based on the rental income of the Unit 2 studio only.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
8
Basement:
Yes - Bilco-Style Door, Unfinished
Interior:
Blinds, Carbon Monoxide Detector, Smoke Detector, Tile Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
40X150
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width, Blacktop, Fencing, On-Street Parking
Spaces Available:
2
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Attic, Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Ceiling Fan(s), Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, Washer
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
2
Room Description:
Eat-In Kitchen, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
1 Unit, Radiators - Hot Water
Heating Fuel:
Gas-Natural
Cooling:
Ceiling Fan, Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Cable TV Available, Garbage Extra Charge
School Information
Elementary:
JF KENNEDY
Middle:
BRIDG-RAR
High School:
BRIDG-RAR
Community Information
County:
Somerset
Town:
Raritan Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$585,000
Tax Amount:
$8,167
Land Assessment:
$145,500
Build. Assessment:
$123,000
Total Assessment:
$268,500
Tax Rate:
3.04
Tax Year:
2025
Listing Information
MLS ID:
4034692
List Date:
06-16-2026
Days On Market:
1
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
D. Wendell Carpenter
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: EdenLaneLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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Shawn and Diane Fox