FOR SALE WITH FRONTAGE ON ROUTE 206 -- Two multi-family homes, each with two units and basement. A total of four apartments, four bedrooms, and four baths. Each multi-family home has a driveway. Also included in sale is 2,000 SQ FT building with showroom, office, two bays, and parking lot for about 8 to 10 cars. Lots of potential for use as automotive repair shop, convenience or retail store, hair and/or nail salon, and more. In total, sale includes three buildings. GREAT INVESTMENT OPPORTUNITY!
Sold for $50,000 on 10/21/24
$50,000
8 Sherman Ave, Raritan, NJ 08869
4beds
1,472sqft
MultiFamily
Built in 1930
-- sqft lot
$660,400 Zestimate®
$34/sqft
$3,102 Estimated rent
Home value
$660,400
$548,000 - $766,000
$3,102/mo
Zestimate® history
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Owner options
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What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,472 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Wood
Lot
- Size: 6,534 sqft
Details
- Parcel number: 1600050000000012
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1930
Community & neighborhood
Location
- Region: Raritan
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2024 | Sold | $50,000-92.3%$34/sqft |
Source: Public Record | ||
| 7/1/2016 | Listing removed | $649,900$442/sqft |
Source: RE/MAX Preferred Professionals - Bridgewater #3288105 | ||
| 6/16/2016 | Price change | $649,900-7.1%$442/sqft |
Source: RE/MAX Preferred Professionals - Bridgewater #3288105 | ||
| 5/10/2016 | Price change | $699,900-12.5%$475/sqft |
Source: RE/MAX Preferred Professionals - Bridgewater #3288105 | ||
| 3/9/2016 | Listed for sale | $799,900+1499.8%$543/sqft |
Source: RE/MAX Preferred Professionals - Bridgewater #3288105 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,525 | $252,000 |
| 2024 | $7,525 +4.9% | $252,000 |
| 2023 | $7,174 +9.5% | $252,000 |
Find assessor info on the county website
Neighborhood: 08869
Nearby schools
GreatSchools rating
- 6/10John F. Kennedy Elementary SchoolGrades: K-4Distance: 1.2 mi
- 7/10Bridgewater-Raritan Middle SchoolGrades: 7-8Distance: 2.1 mi
- 7/10Bridgewater Raritan High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$660,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$660,400