52 First Ave
Raritan Boro, NJ 08869-1721
- 4 beds
- 2 baths
- – sqft
- 6,534 sqft lot
- 1950 build
- – on site
Exceptional Investment or Owner-Occupant Opportunity in the Heart of Raritan!Welcome to 52-54 1st Ave a well-maintained duplex located in the highly sought-after Bridgewater-Raritan School District. This versatile two-family property offers strong cash flow potential and the rare option for an owner-occupant to live in one unit while generating income from the other.Each unit features its own private entrance and separate gas/electric, ensuring privacy and ease of management. Unit 1 is currently leased at $2,200/month, while Unit 2 is vacant perfect for immediate occupancy or can be rented at market rate of up to $2,500+/month, offering excellent upside.Located just a short walk from the Raritan Train Station, this home is a commuter's dream with easy access to New York City. Enjoy the charm and convenience of Downtown Raritan, where you'll find local shops, restaurants, and community events. Nature lovers will appreciate being minutes away from the scenic trails and preserved grounds of Duke Farms.With easy access to Routes 202, 206, 22, I-287, and I-78, this location provides unmatched convenience for travel throughout Central Jersey and metropolitan areas. Whether you're a seasoned investor or a savvy home buyer looking to offset your mortgage with rental income, this property is a rare and valuable find in today's competitive market.Don't miss this prime opportunity!
Last checked:
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Last updated Apr 23, 2025
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MLS# 3958366 —
The Building
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Construction Date/Year Built:Renovated
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Construction Date/Year Built:1950
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Renovated Year:2021
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Unit Style:Duplex-Side by Side
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Roof Description:See Remarks
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Exterior Description:Vinyl Siding
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Color of Building:Blue
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Basement:Yes
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Total # of Units:2
Interior
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Interior Features:Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
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Total # of Rooms:10
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Basement Description:Unfinished
Financial & Terms
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Possession:30-60
Location
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Directions:Direct First Ave.
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Latitude:40.56903
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Longitude:-74.63802
The Property
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Approx Lot Size:45 Sqft
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Total Acres:0 Sqft
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Lot Identifier:28
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Easements:Unknown
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Assessment Land:146300
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Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Agent phone:
- (201) 934-0600
- Office phone:
- (201) 934-0600
Taxes
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Tax ID For Property:2716-00082-0000-00028-0000-
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Tax Year:2024
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Tax Year:*
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Tax Rate:*
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Tax Rate Year:2024
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Tax Rate Amount:2.986
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Tax Amount:$9,161
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Tax Amount:$*
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Lot ID Tax:*
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Lot Size Tax:*
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Acres Tax:$*
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Block ID Tax:*
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City Tax:$*
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County Tax:$*
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Zip Code Tax:*
Beds
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# of Bedrooms:4
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Unit 1 Bedrooms:2
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Unit 2 Bedrooms:2
Baths
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Total # of Baths:2.00
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Total # of Full Baths:2
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Unit 1 Baths:1.0
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Unit 2 Baths:1.0
Heating & Cooling
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Cooling:Wall A/C Unit(s)
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Heating:Baseboard - Hotwater
Utilities
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Utilities:Gas-Natural
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Water:Public Water
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Fuel Type:Gas-Natural
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Sewer:Public Sewer
Schools
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Grade School:BRIDG-RAR
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Middle Or Junior School:BRIDG-RAR
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High School:BRIDG-RAR
The Community
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Assessment Total:306800
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Assessment Total Tax:*
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Assessment Bldg:160500
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Assess Amount Building Tax:*
Parking
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Garage Description:None
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# of Parking Spaces:2
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Parking/Driveway Description:1 Car Width, Concrete Strip
Extra Units
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Unit 1 Levels:3
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Unit 2 Levels:2
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Unit 1 Rooms:5
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Unit 2 Rooms:4
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Unit 1 Handicap Modified:No
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Unit 2 Handicap Modified:No
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Unit 1 Room Description:Attic, Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, Porch
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Unit 2 Room Description:Bedrooms, Eat-In Kitchen, Laundry Room, Porch, Master Bedroom
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Unit 1 Appliances/Equipment:Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Stackable Washer/Dryer
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Unit 2 Appliances/Equipment:Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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4/23/25
Apr 23, 2025
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Listed / Active | GSMLS | $575,000 | 55.4% (11.8% / YR) |
8/17/20
Aug 17, 2020
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GSMLS | $370,000 | ||
6/22/20
Jun 22, 2020
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GSMLS | $370,000 | 48.0% (30.0% / YR) |