This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
$975,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
Property Description
Nestled in the busy downtown Raritan Borough neighborhood, we have a fully leased but empty building with a paying tenant. 6.01% Cap Rate. You can literally make your renovations while collecting rent !! More details, new photos and drone footage coming soon. The building boasts 5 exam rooms, 10 parking spaces (1 is handicapped), a kitchen (Break Room), 2 bathrooms, basement, attic - original hardwood floors upstairs. Offices and storage galore !
Full Property Details
Full Property Details for 46 E Somerset Street E
General
- Price: $975,000
- Taxes: $9,000 (2023)
- Status: Active
- Type: Commercial
- Source: Middlesex
- MLS ID: 2603671R
- Updated: 12/7/2025
- Added to Site: 136 day(s) ago
Interior
- Interior Features: Carpeting, Dropped Ceiling, Lighting Fixtures, Paneling
- Flooring: Carpet, Parquet, Wood, Dropped Ceiling, Lighting Fixtures, Paneling
Rooms
Other Rooms
- Living Room: 2,428 Sq. Ft.
Additional Information
- Security/Safety: Panic Alarm
Parking
- Total Spaces: 10
- Parking Features: Driveway, On-Site Parking, Lighted, Paved
- Parking: Driveway, On Site, Lighted, Paved
Location
- County: Somerset
- Direction Faces: Northeast
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiant, Electric Filter, Forced Air, Hot Water
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Gas in Street
Structural Information
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 2,428
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.186
- Lot Size (Sq. Ft.): 8,102
- Lot Dimensions: 135.00 x 0.00
- Lot Features: Near Train, Business District, Highway Commercial, Level
- Zoning: Business
- Lot Description: Near Train, Business District, Highway Commercial, Level
Financial Considerations
- Tax Amount: $9,000
- Tax Year: 2023
- Tenant Pays: Exterior Maintenance, Grounds Care, Insurance, Common Area Maintenance, Snow Removal, Electricity, Gas, Trash Collection, Heat, Water
Disclosures and Reports
- Documents Avail.: Aerial Photo(s), Leases
- Property ID: 1600110000000003
Listed by Action Plus Realty C-21
Get Pre-Approved Today
Schools
Schools serving 46 E Somerset Street E
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 | 1 mi |
Eisenhower Elementary School 791 Eisenhower Avenue, Bridgewater, NJ 08807 | 5-6 | 3.4 mi |
Brdgwtr Raritn Middle School 128 Merriwood Road, Bridgewater, NJ 08807 | 7-8 | 2.4 mi |
Bridgewater Raritan High School 600 Garretson Road, Bridgewater, NJ 08807 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 46 E Somerset Street E
Date
Details
Price
Change
Source
9/03/2025
Listed
$975,000
68.1%
MLS
6/14/2022
Sold
$580,000
—
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 46 E Somerset Street E
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,624
5%
$322,300
—
2023
$9,176
3%
$322,300
—
2022
$8,915
6%
$322,300
—
2021
$8,380
2%
$322,300
—
2019
$8,219
4%
$322,300
—
2018
$7,900
3%
$322,300
—
2017
$7,690
2%
$322,300
—
2016
$7,542
4%
$322,300
—
2015
$7,223
-2%
$322,300
—
2013
$7,397
—
$322,300
—
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 46 E Somerset Street E
46 E Somerset Street E, Raritan, NJ 08869 (MLS# 2603671R) is a Commercial property. 46 E Somerset Street E is currently listed for $975,000 and was received on September 03, 2025. Want to learn more about 46 E Somerset Street E? 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.

