Raritan Borough Brick 3 Family Investment
$489,900

  • 3 units
  • 11 rooms, 4 bedrooms
  • Full basement
  • $41,400 income 2006
  • $11,448 expenses 2006
  • New oil steam furnace
  • Gas hot water heater
  • Separate electric & gas meters
  • Taxes $7794 2006
Unit #1: 3 rooms: 1 bedroom 15x14, living room 25x13, an eat-in kitchen 15x13, and bath at $975. per month. Owner pays all utilities.

Unit #2: 4 rooms: 1 bedroom 15x12, heated porch 15x8, living room 15x12, an eat-in kitchen 15x9, computer room 12x7, and bath at $950 per month. Tenant pays electric.

Unit # 3: 4 rooms: 2 bedrooms -19x17 & 15x11, eat-in kitchen 19x14, and bath at $1125. per month. Tenant pays electric & gas.

The owner pays oil heat of $2040/year & gas hot water totaling approximately $1440./year. There is public water & sewer. Water & sewer charges are $508/year. The oil hot water heat furnace was new in 2004. The gas hot water heater was new in 1996. The property is 75’ x 150’. In 2006 the property taxes were $7794. The home is brick on 4 sides with composition shingle on the 2nd floor. The asphalt roof was new in 2003.

Directions: From the Somerville Circle take Route 206 south toward Princeton. Make the second right on Bell Avenue house on right #108.


Contact: Tom Fischer
Fischer Brokers
789 Rt. 202
Bridgewater, NJ 08807
(908) 685-9444
When you call, please mention house #FTF275

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