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$499,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Total Beds
  • 2 Car Garage
  • Updated 18 hours ago
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Charming Owner-Occupied Two-Family Home with Income Potential!Nestled in a quiet neighborhood, this well-maintained two-family home has been lovingly owned by the same family since 1947. The first-floor owner's unit features two spacious bedrooms, a bright living room, an updated kitchen, a full bath, and access to a full unfinished basement with convenient Bilco doors offering excellent storage and expansion possibilities.The second-floor apartment includes one bedroom, a living room, and a kitchen and has been consistently rented for several years. The current tenant would be happy to remain, providing immediate rental income for the new owner.Enjoy outdoor living on the spacious open side porch overlooking the large backyard. A detached two-car garage and generous yard offer plenty of room for recreation, gardening, or future expansion. With ample space to add on, this property presents exciting possibilities for growth.An ideal opportunity for an owner-occupant looking to live in one unit while generating rental income from the other. Let the upstairs rent help offset your mortgage while you enjoy all the benefits of homeownership.Don't miss this rare opportunity to own a solid, long-term family-owned property with tremendous potential!

Full Property Details for 137 Valpeck Ave

General

  • Price: $499,900
  • Taxes: $8,496 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4033189
  • Updated: 6/9/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 7
  • Interior Features: Carbon Monoxide Detector, Carpeting, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: Open Porch(es)
  • Color: white

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Garage Description: Detached Garage, Garage Door Opener

Location

  • County: Somerset
  • Driving Directions: Somerset St to Gaston Ave to Navatto St to Valpeck Ave. House on left sign on property.

School Information

  • High School: BRIDG-RAR

Heating & Cooling

  • Cooling Type: 1 Unit, Central Air Conditioning
  • Heating Type: 1 Unit, Radiators - Steam
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Bilco-Style Door, Full, Unfinished
  • Roof: Asphalt Shingles
  • Year Built: 1947

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen, Living Room, Porch
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Kitchen, Living Room
  • Levels/Stories: 4
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Dimensions: 97 x 116
  • Driveway/Sidewalk: 2 Car Width, Blacktop
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $152,500
  • Land Assmt: $126,800
  • Tax Amount: $8,496
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Tenants possessions
  • Disclosures: Yes
  • Block: 79
  • Lot Number: 29

Listed by BHHS FOX & ROACH

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Listing agent

— 137 Valpeck Ave —

  • BHHS FOX & ROACH

732-310-7355

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 137 Valpeck Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/09/2026
Listed
$499,900
49989900%
MLS
5/03/2005
Sold
$1
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 137 Valpeck Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,340
8%
$279,300
—
2022
$7,725
9%
$279,300
—
2022
$7,059
1%
$279,300
—
2021
$7,005
2%
$279,300
—
2018
$6,846
3%
$279,300
—
2017
$6,664
2%
$279,300
—
2016
$6,536
-8%
$279,300
—
2019
$7,122
14%
$279,300
—
2015
$6,259
-2%
$279,300
—
2013
$6,410
—
$279,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by BHHS FOX & ROACH

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137 Valpeck Ave, Raritan, NJ 08869 (MLS# 4033189) is a Multi-Family property with 2 units containing 3 bedrooms and 2 full bathrooms. 137 Valpeck Ave is currently listed for $499,900 and was received on June 09, 2026. Want to learn more about 137 Valpeck Ave? Do you have questions about finding other Multi-Family real estate for sale in Raritan? You can browse all Raritan real estate or contact a Coldwell Banker agent to request more information.

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