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48 1st Avenue, 
Raritan Boro, NJ 08869

$925,000

—

Bed

4

Baths

-

Sq Ft

Multi-Family

Active

Listed by

Maggie Raffaele

Prominent Properties Sir

201-585-8080

Last updated:

September 6, 2025, 02:17 PM

MLS#

3979325

Source:

NJ GSMLS

About This Home

48 1st Avenue

Prime Investment Opportunity - Legal 4 Family + Commercial Property (54 2nd St) in Raritan. An excellent income-producing opportunity for savvy investors! This package includes a fully rented legal 4-family property and a neighboring commercial building . Four units total: Unit #1: 1BR/1BA (new kitchen, freshly painted " rented $1,350) Unit #2: 1BR/1BA (renovated kitchen " rented $1,350) Unit #3: 2BR/1BA (new kitchen, new paint " rented $2000, Unit #4: 2BR/1BA -rented $1600 Separate gas, electric & water meters (4 of each) " tenants pay all utilities Full basement, 4 gas furnaces, 4 hot water heaters, Shared driveway, no dedicated parking, street parking available Roof approx. 15"20 years old 2025 Property Tax: $10,570.95 ( 54 2nd st tax 5,484 ) Total monthly rent: $6300

Home Facts

Multi-Family

4 Baths

Built in 1940

Price Summary

925,000

MLS #:

3979325

Last Updated:

September 6, 2025, 02:17 PM

Added:

a month ago

Rooms & Interior

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Structure

Structure

Architectural Style:

Fourplex

Year Built:

1940

Lot

Lot Size (Sq. Ft):

2,613

Finances & Disclosures

Finances

Price:

$925,000

Source:NJ GSMLS
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated September 6, 2025

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.