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$550,000

87-89 W Somerset St, Raritan, NJ 08869

4beds

2,084sqft

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Duplex

Built in 1900

-- sqft lot

$557,700 Zestimate^®

$264/sqft

$-- HOA

What's special

Spacious living spaces

If you have been waiting for the right moment to stop renting and start building, this might be it. 87-89 W Somerset Street is a two-unit duplex located on Raritan Borough's Main Street. Each unit offers 2 bedrooms, 1 bath, and spacious living spaces. Plenty of off-street parking in the back. One side is already rented with great tenants in place. Move into the other, let the rental income offset your mortgage, and start building equity right away. Steps to local shops, restaurants, and the Raritan train station with direct service to NYC. Strong rental demand. Prime location. Solid investment. The Magsino Group | Keller Williams Towne Square Kathleen Jadoc, Licensed Real Estate Agent Gabrielle Magsino, Broker-Associate Contact Kathleen for any questions 908-547-0369, kjadoc@kw.com

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Has Heating (Unspecified Type)

Appliances

Laundry: In Basement

Features

Has basement: Yes
Has fireplace: No

Interior area

Total interior livable area: 2,084 sqft

Property

Parking

Parking features: Off Street, Additional Parking

Lot

Size: 4,800 Square Feet

Details

Parcel number: 1600103000000004

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Condition

New construction: No
Year built: 1900

Community & HOA

Location

Region: Raritan

Financial & listing details

Price per square foot: $264/sqft
Tax assessed value: $242,300
Annual tax amount: $7,438

Gabrielle Magsino

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Estimated market value

$557,700

$496,000 - $619,000

$2,489/mo

Price history

Date	Event	Price
7/19/2000	Sold	$110,000$53/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,235	$242,300
2024	$7,235 +4.9%	$242,300
2023	$6,898 +9.5%	$242,300
2022	$6,300	$242,300
2021	--	$242,300
2020	$6,179 +4%	$242,300
2019	$5,939	$242,300
2018	$5,939 +2.7%	$242,300
2017	$5,781 +6.5%	$242,300
2016	$5,430 -0.3%	$242,300
2015	$5,447 -2%	$242,300
2014	$5,561 +0.3%	$242,300
2013	$5,541 +0.7%	$242,300
2012	$5,503 +1%	$242,300
2011	$5,447 +3.8%	$242,300
2010	$5,248 +6.1%	$242,300
2009	$4,948	$242,300
2008	--	$242,300
2007	--	$242,300
2006	--	$242,300
2005	--	$242,300 +81.4%
2004	$3,848	$133,600
2003	--	$133,600
2002	--	$133,600
2001	--	$133,600

Find assessor info on the county website

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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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