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$565,000 Just Listed
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Property Description
Excellent mixed-use investment opportunity featuring three residential apartments and one commercial storefront. This versatile property offers the potential for multiple income streams and is ideal for investors or owner-occupants.
Full Property Details
Full Property Details for 36-38 W Somerset St
General
- Price: $565,000
- Taxes: $7,729 (2025)
- Status: Active
- Type: Office
- Source: Garden_State
- MLS ID: 4049620
- Updated: 8/31/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Building & Business
Interior
- Flooring: Carpeting, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Restrooms: 4
Additional Information
- Equipment: See Remarks
Parking
- Garage Spaces: 5
- Parking: 2 Car Width, Driveway-Exclusive
Location
- County: Somerset
- Driving Directions: Exit 14B on 287
- Location Details: Business District
Heating & Cooling
- Cooling Type: 1 Unit, Wall A/C Unit(s)
- Heating Type: Radiators - Hot Water
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Gas In Street
Structural Information
- Construction: See Remarks
- Exterior Const.: Brick/Block, Vinyl Siding
- Basement: Yes
- Basement Desc.: Bilco-Style Door, Unfinished
- Roof: Flat
- Stories in Building: 3
- Square Feet: 1,512
- Aprox. Leasable: 1,512 Sq. Ft.
- Year Built: 1940
Unit Information
- 1 Bedroom Units: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 19X145
- Zoning: B1
Financial Considerations
- Assessment Amount: $254,100
- Land Assmt: $119,500
- Tax Amount: $7,729
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 2716-00090-0000-00021-0000-
- Block: 90
- Lot Number: 21
Listed by Halo Realty Properties Llc
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Price & Sales History for 36-38 W Somerset St
Date
Details
Price
Change
Source
8/31/2026
Listed
$565,000
-27.1%
MLS
5/24/2022
Sold
$775,000
—
Public Record
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
Tax History for 36-38 W Somerset St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,103
2%
$595,100
—
2024
$17,770
8%
$595,100
—
2022
$16,461
—
$595,100
—
2022
$16,461
6%
$595,120
—
2021
$15,473
6%
$595,120
—
2018
$14,586
3%
$595,120
—
2017
$14,200
2%
$595,120
—
2016
$13,926
4%
$595,120
—
2015
$13,337
-12%
$595,120
—
2019
$15,176
11%
$595,120
—
2013
$13,658
—
$595,120
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 36-38 W Somerset St
36-38 W Somerset St, Raritan, NJ 08869 (MLS# 4049620) is a Office property. 36-38 W Somerset St is currently listed for $565,000 and was received on August 31, 2026. Want to learn more about 36-38 W Somerset St? Do you have questions about finding other Office real estate for sale in Raritan? You can browse all Raritan real estate or contact a Coldwell Banker agent to request more information.

