52 First Ave Raritan Boro, NJ 08869
Listing Courtesy of: GARDEN STATE MLS - IDX / Terrie O'Connor Realtors - Contact:  201-934-0600

  52 First Ave Raritan Boro, NJ 08869

Active (3 Days)
$575,000
4
BED
2
BATH

Description

Exceptional Investment or Owner-Occupant Opportunity in the Heart of Raritan!Welcome to 52-54 1st Ave a well-maintained duplex located in the highly sought-after Bridgewater-Raritan School District. This versatile two-family property offers strong cash flow potential and the rare option for an owner-occupant to live in one unit while generating income from the other.Each unit features its own private entrance and separate gas/electric, ensuring privacy and ease of management. Unit 1 is currently leased at $2,200/month, while Unit 2 is vacant perfect for immediate occupancy or can be rented at market rate of up to $2,500+/month, offering excellent upside.Located just a short walk from the Raritan Train Station, this home is a commuter's dream with easy access to New York City. Enjoy the charm and convenience of Downtown Raritan, where you'll find local shops, restaurants, and community events. Nature lovers will appreciate being minutes away from the scenic trails and preserved grounds of Duke Farms.With easy access to Routes 202, 206, 22, I-287, and I-78, this location provides unmatched convenience for travel throughout Central Jersey and metropolitan areas. Whether you're a seasoned investor or a savvy home buyer looking to offset your mortgage with rental income, this property is a rare and valuable find in today's competitive market.Don't miss this prime opportunity!

MLS #:
3958366
Taxes
$9,161(2024)
Lot Size
6,534 SQFT
Type
Multifamily
Year Built
1950
County
Somerset County

Listed By

Frank J. Cascio, Terrie O'Connor Realtors, Contact: 201-934-0600
Source
GARDEN STATE MLS - IDX
Last checked Apr 26 2025 at 10:57 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Carbon Monoxide Detector
  • Fire Extinguisher
  • Smoke Detector
Heating and Cooling
  • Baseboard - Hotwater
  • Wall A/C Unit(s)
Basement Information
  • Unfinished
Exterior Features
  • Vinyl Siding
  • Roof: See Remarks
Utility Information
  • Utilities: Gas-Natural, Public Water
  • Sewer: Public Sewer
  • Fuel: Gas-Natural
School Information
  • Elementary School: Bridg-Rar
  • Middle School: Bridg-Rar
  • High School: Bridg-Rar
Garage
  • None
Parking
  • 1 Car Width
  • Concrete Strip
Additional Information: Terrie O'Connor Realtors | 201-934-0600
Location
   
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