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.
Active
$585,000
5 3Rd St, Raritan Boro, NJ 08869
4beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$604,100 Zestimate®
$--/sqft
$-- HOA
What's special
Hardwood floorsPrivacy-fenced backyardWalk-up atticQuality millworkNewer roofStorage shedGazebo with firepit
- 2 days |
- 396 |
- 44 |
Zillow last checked:
Listing updated:
Listed by:
D. Wendell Carpenter 908-581-6895,
Coldwell Banker Realty
Source: GSMLS,MLS#: 4034692
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- 1 Unit, Radiators - Hot Water, Natural Gas
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Exhaust Fan, Microwave, Range/Oven - Gas, Refrigerator, Washer, Gas Water Heater
Features
- Attic, Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom, Eat-In Kitchen, Ceiling Fan(s)
- Flooring: Tile, Wood
- Windows: Blinds
- Basement: Yes,Bilco-Style Door,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 2
- Parking features: 1 Car Width, Asphalt, Enclosed, On Street
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Sidewalk
Lot
- Size: 6,098 Square Feet
- Dimensions: 40 x 150
- Features: Level
Details
- Parcel number: 2716000820000000110000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1900
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available, Garbage Extra Charge
Community & HOA
Community
- Security: Carbon Monoxide Detector, Smoke Detector
Location
- Region: Raritan
Financial & listing details
- Tax assessed value: $268,500
- Annual tax amount: $8,167
- Date on market: 6/16/2026
- Exclusions: None, shed, firepit and outdoor TV included
- Total actual rent: 2150
- Electric utility on property: Yes
Estimated market value
$604,100
$574,000 - $634,000
$3,142/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $585,000+38.6% |
Source:  GSMLS #4034692 Report a problem | ||
| 1/14/2022 | Sold | $422,000-10.2% |
Source: GSMLS #3739036 Report a problem | ||
| 11/8/2021 | Contingent | $470,000 |
Source: GSMLS #3739036 Report a problem | ||
| 9/15/2021 | Listed for sale | $470,000+249.4% |
Source: GSMLS #3739036 Report a problem | ||
| 8/21/1997 | Sold | $134,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,017 | $268,500 |
| 2024 | $8,017 +4.9% | $268,500 |
| 2023 | $7,644 +9.5% | $268,500 |
| 2022 | $6,981 | $268,500 |
| 2021 | -- | $268,500 |
| 2020 | $6,847 +4% | $268,500 |
| 2019 | $6,581 | $268,500 |
| 2018 | $6,581 +2.7% | $268,500 |
| 2017 | $6,406 +6.5% | $268,500 |
| 2016 | $6,017 -0.3% | $268,500 |
| 2015 | $6,036 -2% | $268,500 |
| 2014 | $6,162 +0.3% | $268,500 |
| 2013 | $6,141 +0.7% | $268,500 |
| 2012 | $6,098 +1% | $268,500 |
| 2011 | $6,036 +3.8% | $268,500 |
| 2010 | $5,816 +6.1% | $268,500 |
| 2009 | $5,483 | $268,500 |
| 2008 | -- | $268,500 |
| 2007 | -- | $268,500 |
| 2006 | -- | $268,500 |
| 2005 | -- | $268,500 +90% |
| 2004 | $4,069 | $141,300 |
| 2003 | -- | $141,300 |
| 2002 | -- | $141,300 |
| 2001 | -- | $141,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 08869
Nearby schools
GreatSchools rating
- 6/10John F. Kennedy Elementary SchoolGrades: K-4Distance: 0.6 mi
- 7/10Bridgewater-Raritan Middle SchoolGrades: 7-8Distance: 2.7 mi
- 7/10Bridgewater Raritan High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Jf Kennedy
- Middle: Bridg-rar
- High: Bridg-rar
Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
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