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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 38 W Somerset St
General
- Price: $565,000
- Taxes: $18,103 (2025)
- Status: Active
- Type: Commercial
- Source: Middlesex
- MLS ID: 2703160R
- Updated: Today (8/26/2026)
- Added to Site: Today
Interior
- Flooring: Laminate
Rooms
Other Rooms
- Living Room: 6,720 Sq. Ft.
Parking
- Total Spaces: 4
- Parking Features: Driveway, On-Site Parking
- Parking: Driveway, On Site
Location
- County: Somerset
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Wall Unit(s), See Remarks
- Heating Type: Radiant, See Remarks
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Roof: Asphalt
- Stories/Levels: 3
- Square Feet: 6,720
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.2066
- Lot Size (Sq. Ft.): 8,999
- Lot Dimensions: 150.00 x 0.00
- Lot Features: See Remarks
- Zoning: B1
- Lot Description: See Remarks
Financial Considerations
- Tax Amount: $18,103
- Tax Year: 2025
- Tenant Pays: See Remarks
Disclosures and Reports
- Documents Avail.: No Documents Available
- Property ID: 1600090000000022
Listed by Halo Realty
Get Pre-Approved Today
Schools
Schools serving 38 W Somerset St
School District:Bridgewater-Raritan Regional School District
| Name | Grades | Distance |
|---|---|---|
John F. Kennedy Elementary School, Raritan, NJ 255 Woodmere Street, Raritan, NJ 08869 | K-4 | 0.7 mi |
Adamsville Elementary School 400 Union Avenue, Bridgewater, NJ 08807 | K-4 | 2.8 mi |
Brdgwtr Raritn Middle School 128 Merriwood Road, Bridgewater, NJ 08807 | 7-8 | 2.7 mi |
Bridgewater Raritan High School 600 Garretson Road, Bridgewater, NJ 08807 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 38 W Somerset St
Date
Details
Price
Change
Source
8/26/2026
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 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 38 W Somerset St
38 W Somerset Street, Raritan, NJ 08869 (MLS# 2703160R) is a Commercial property. 38 W Somerset Street is currently listed for $565,000 and was received on August 26, 2026. Want to learn more about 38 W Somerset Street? Do you have questions about finding other Commercial real estate for sale in Raritan? You can browse all Raritan real estate or contact a Coldwell Banker agent to request more information.

