Under contract

$590,000

37 E SOMERSET STREET, Raritan Boro, NJ 08869

5beds

--sqft

Est.:

Multi Family

Built in 1900

-- sqft lot

$637,500 Zestimate^®

$--/sqft

$-- HOA

What's special

Vinyl sidingAsphalt shingle roofComfortable living spacesFunctional floor plans

Well-maintained two-unit, over-under multifamily property offering flexibility for owner-occupants or investors. The first-floor unit features 2 bedrooms and 1 full bathroom, while the upper unit offers a spacious 3 bedrooms and 2 full bathrooms. Built circa 1900, the property combines classic construction with practical updates including vinyl siding and an asphalt shingle roof. Each unit has its own distinct layout, providing comfortable living spaces and functional floor plans. A solid opportunity to own a multi-family asset with long-term potential.

47 days

123

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

1 Unit, Baseboard - Hotwater, Zoned, Oil Tank Above Ground - Inside

Cooling

Ceiling Fan(s), Window Unit(s)

Appliances

Included: Dishwasher, Microwave, Range/Oven - Electric, Refrigerator, Self Cleaning Oven, Self-Cleaning Oven, Water Heater From Furnace
Laundry: Laundry Room

Features

High Ceilings, Walk-In Closet(s), Bedrooms, Eat-in Kitchen, Living Room, Master Bedroom, Eat-In Kitchen, Rec Room, Ceiling Fan(s)
Flooring: Carpet, Tile, Wood
Doors: Storm Door(s)
Windows: Thermal Windows/Doors, Blinds
Basement: Yes,Unfinished
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Total spaces: 4
Parking features: 1 Car Width, Asphalt, On Street, None
Uncovered spaces: 4

Features

Levels: Two
Stories: 2
Patio & porch: Open Porch(es), Porch
Exterior features: Sidewalk

Lot

Size: 7,405.2 Square Feet
Dimensions: 50 x 150 .1721
Features: Level

Details

Additional structures: Storage Shed
Parcel number: 2716000970000000160000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1900

Utilities & green energy

Gas: Gas In Street
Sewer: Public Sewer, Sewer Charge Extra
Water: Public, Water Charge Extra
Utilities for property: Electricity Connected, Gas In Street, Cable Available, Garbage Included

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector

Location

Region: Raritan

Financial & listing details

Tax assessed value: $331,100
Annual tax amount: $9,886
Date on market: 2/1/2026
Total actual rent: 0
Tenant pays: Electricity, Tenant Pays Heat, Tenant Pays Electric
Electric utility on property: Yes

Estimated market value

$637,500

$606,000 - $669,000

$2,074/mo

Price history

Date	Event	Price
2/13/2026	Pending sale	$590,000
Source: GSMLS #4007664 Report a problem
2/1/2026	Listed for sale	$590,000+42.2%
Source: GSMLS #4007664 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
9/9/2019	Sold	$415,000
Source: Public Record Report a problem
2/3/2016	Listing removed	$1,450
Source: Owner Report a problem
1/20/2016	Price change	$1,450-6.5%
Source: Owner Report a problem
1/6/2016	Listed for rent	$1,550
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,887	$331,100
2024	$9,887 +4.9%	$331,100
2023	$9,426 +9.5%	$331,100
2022	$8,609	$331,100
2021	--	$331,100
2020	$8,443 +4%	$331,100
2019	$8,115	$331,100
2018	$8,115 +2.7%	$331,100
2017	$7,900 +6.5%	$331,100
2016	$7,420 -0.3%	$331,100
2015	$7,443 -2%	$331,100
2014	$7,599 +1.1%	$331,100
2012	$7,519 +1%	$331,100
2011	$7,443 +3.8%	$331,100
2010	$7,172 +6.1%	$331,100
2009	$6,761	$331,100
2008	--	$331,100 +0.7%
2007	--	$328,800
2006	--	$328,800
2005	--	$328,800 +97.7%
2004	$4,789	$166,300
2003	--	$166,300
2002	--	$166,300
2001	--	$166,300