$575,000

8 Sherman Ave Unit 2 Raritan, NJ 08869

Estimated payment $3,675/month

Total Views 1,106
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • Eisenhower Intermediate School Rated A-
  • Level Lot

About This Home

Excellent Two-Family Opportunity in Raritan Borough. This property offers flexibility for either an investor or owner-occupant. The second-floor unit was fully renovated within the past 18 months and is in move-in condition. The first-floor unit provides significant potential for upgrades and value-add. Both units will be on a month-to-month tenancy by November, allowing new ownership to set terms as desired. SEPERATE utilities already in place. Full basement with side entrance. Bridgewater / Raritan school district. Conveniently located near shopping, dining, and major commuter routes including train to NYC.

Listing Agent

ANTHONY DELUCCIA

BHHS FOX & ROACH Brokerage Phone: 908-391-7017 Listed on: 09/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,524

Year Renovated

  • 2024

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Additional Parking

Schools

  • Bridg-Rar Middle School
  • Bridg-Rar High School

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Radiator
  • Standard Electricity

Additional Features

  • Walk-Out Basement
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 2716-00050-0000-00012-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,524

Year Renovated

2024

Lot Details

0

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 9999
  • Year Built Description: Unknown
  • County Name: Somerset
  • Directions: Rt 202 / 206 to Sherman Ave
  • I D: 5387852
  • Attribution Contact: 908-391-7017
  • MLS Status: Active
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished, Walkout

Exterior Features

  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 10
  • Parking Driveway Description: 1 Car Width, Additional Parking

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Electric, Gas-Natural
  • Heating: 2 Units, Radiators - Hot Water, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • High School: BRIDG-RAR
  • Middle Jr High School: BRIDG-RAR

Lot Info

  • Lot Size: 45X150
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.15

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7524
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2716-00050-0000-00012-0000-
  • Tax Rate Amount: 2.986
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,525 $252,000 $121,300 $130,700
2024 $7,525 $252,000 $121,300 $130,700
2023 $7,174 $252,000 $121,300 $130,700
2022 $6,970 $252,000 $121,300 $130,700
2021 $6,552 $252,000 $121,300 $130,700
2020 $6,449 $252,000 $121,300 $130,700
2019 $6,426 $252,000 $121,300 $130,700
2018 $6,177 $252,000 $121,300 $130,700
2017 $6,013 $252,000 $121,300 $130,700
2016 $5,897 $252,000 $121,300 $130,700
2015 $5,647 $252,000 $121,300 $130,700
2014 $5,665 $252,000 $121,300 $130,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2025 10/03/25 For Sale $575,000 +4.5% --
10/18/2024 10/18/24 Sold $550,000 0.0% -- View Prior Sale
07/31/2024 07/31/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $550,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $550,000 None Listed On Document
Deed $550,000 None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Bargain Sale Deed $255,000 Acres Land Title
Bargain Sale Deed $255,000 Acres Land Title
Bargain Sale Deed $750,000 Fidelity National Title
Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Closed $250,000 New Conventional
Source: Public Records

Source: Garden State MLS

MLS Number: 3989803

Garden State MLS

APN: 16-00050-0000-00012