34 Somerset StRaritan, NJ 08869

Property Details for 34 Somerset St

Year built

1985

Construction

BRICK

Lot size

0.42 AC

Property size (Sq ft)

4,900 SF

Property type

Other commercial real estate

APN

16 00109-0000-00001- 01

APU

160010900000000101

Description

This exceptional retail property, located at 34 E Somerset Street in Raritan, New Jersey, presents a compelling investment opportunity. Boasting a generous 4,868 square feet of space, this property is ideally situated for a variety of retail businesses. The building sits on a sizable 0.52-acre lot, offering ample room for customer parking and potential expansion. Its prime location in Raritan ensures high visibility and accessibility, attracting significant foot traffic and driving potential sales. The asking price is $1,700,000, representing a strong value proposition for a property of this size and location in a thriving New Jersey market. The property's substantial square footage allows for flexible layout configurations, catering to diverse business needs. This presents a unique chance to establish or expand a retail presence in a vibrant community. The 0.52-acre lot provides ample space for outdoor displays, seating areas, or additional parking, enhancing the overall customer experience. Serious inquiries are encouraged to explore this exceptional retail opportunity further. The property is ready for immediate occupancy, allowing for a swift and efficient transition for new business owners. Don't miss this chance to secure a prime retail location in a desirable New Jersey town.

• Alternative Use

  Use

  Valuation

  Residential

  $927,272

  Hospitality

  $849,376

  Educational

  $706,671

  Medical

  $730,974

  Retail

  $1,099,266

Location Insight

City

Raritan

County

Somerset

State

New Jersey

Latitude

40.5682

Longitude

-74.6307

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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