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$585,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • Updated 14 hours ago

Next open house:

Open House: 11:00 AM - 2:00 PM

Saturday 6/20 11:00 AM - 2:00 PM

5 3rd St,Raritan, NJ 08869

5 3rd StRaritanNJ08869

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Well-positioned investment property featuring two separate residential units and attractive shared outdoor amenities. The main unit includes 3 bedrooms, 1 full bath, hardwood floors, quality millwork, a walk-up attic, unfinished basement and a newer roof. The detached 1-bedroom, 1-bath studio apartment provides an additional income stream and added flexibility.The privacy-fenced backyard offers a gazebo with firepit, patio with outdoor television, and storage shed, creating outdoor space that enhances both units. Ideally situated within walking distance of the train station and offering easy access to highways, Bridgewater Commons, restaurants, shopping, and schools, this property presents a solid opportunity for long-term investment or owner-occupied rental income. Please note that the seller has always lived in Unit 1 and has only rented U2. The Gross Operating Income is based on the rental income of the Unit 2 studio only.

Full Property Details for 5 Third St

General

  • Price: $585,000
  • Taxes: $8,167 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4034692
  • Updated: Today (6/16/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 8
  • Interior Features: Blinds, Carbon Monoxide Detector, Smoke Detector, Tile Floors, Wood Floors

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Gazebo, MetalFnc, OpenPrch, Patio, FencPriv, Sidewalk, Storage, ThrmlW&D
  • Color: White

Location

  • County: Somerset
  • Driving Directions: First Ave to 3rd St., make a left of 3rd St., #5 is on your right. Park in the driveway to the left of the home, or use street parking.

School Information

  • Elementary School: JF KENNEDY
  • Middle School: BRIDG-RAR
  • High School: BRIDG-RAR

Heating & Cooling

  • Cooling Type: Ceiling Fan, Window A/C(s)
  • Heating Type: 1 Unit, Radiators - Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, Cable TV Available, Garbage Extra Charge

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Bilco-Style Door, Unfinished
  • Roof: Asphalt Shingles
  • Year Built: 1900

Unit Information

Unit 1

  • Unit Description: Attic, Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Eat-In Kitchen, Master Bedroom
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Dimensions: 40 x 150
  • Driveway/Sidewalk: 1 Car Width, Blacktop, Fencing, On-Street Parking
  • Lot Description: Level Lot

Financial Considerations

  • Expenses: Utilities, Insurance, Maintenance, Taxes
  • Operating Expenses: $14,589
  • Assessment Amount: $123,000
  • Land Assmt: $145,500
  • Tax Amount: $8,167
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: None, shed, firepit and outdoor TV included
  • Disclosures: Yes
  • Block: 82
  • Lot Number: 11
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 5 Third St —

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5 Third St

School District:Bridgewater-Raritan Regional School District
NameGradesDistance
John F. Kennedy Elementary School, Raritan, NJ
255 Woodmere Street, Raritan, NJ 08869
K-40.6 mi
Adamsville Elementary School
400 Union Avenue, Bridgewater, NJ 08807
K-42.9 mi
Brdgwtr Raritn Middle School
128 Merriwood Road, Bridgewater, NJ 08807
7-82.7 mi
Bridgewater Raritan High School
600 Garretson Road, Bridgewater, NJ 08807
9-121.6 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 5 Third St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/16/2026
Listed
$585,000
38.63%
MLS
1/14/2022
Sold
$422,000
—
Public Record
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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 5 Third St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,017
8%
$268,500
—
2022
$7,427
6%
$268,500
—
2021
$6,981
6%
$268,500
—
2018
$6,581
3%
$268,500
—
2017
$6,406
2%
$268,500
—
2016
$6,283
4%
$268,500
—
2015
$6,017
-12%
$268,500
—
2019
$6,847
11%
$268,500
—
2013
$6,162
—
$268,500
—
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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NMLS#: 1598647

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5 3rd St, Raritan, NJ 08869 (MLS# 4034692) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 5 3rd St is currently listed for $585,000 and was received on June 16, 2026. This property is listed by D. Wendell "Wendy" Carpenter from our Basking Ridge Office.Want to learn more about 5 3rd St? 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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