137 Valpeck Ave

Raritan Boro, NJ 08869


 

Price: $499,900

GSMLS:  4033189
Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 3
Baths: 2 Full
Garage: 2-Car
Year Built: 1947
Acres: 0.26
Property Tax: $8,496
Description
Charming Owner-Occupied Two-Family Home with Income Potential!Nestled in a quiet neighborhood, this well-maintained two-family home has been lovingly owned by the same family since 1947. The first-floor owner's unit features two spacious bedrooms, a bright living room, an updated kitchen, a full bath, and access to a full unfinished basement with convenient Bilco doors offering excellent storage and expansion possibilities.The second-floor apartment includes one bedroom, a living room, and a kitchen and has been consistently rented for several years. The current tenant would be happy to remain, providing immediate rental income for the new owner.Enjoy outdoor living on the spacious open side porch overlooking the large backyard. A detached two-car garage and generous yard offer plenty of room for recreation, gardening, or future expansion. With ample space to add on, this property presents exciting possibilities for growth.An ideal opportunity for an owner-occupant looking to live in one unit while generating rental income from the other. Let the upstairs rent help offset your mortgage while you enjoy all the benefits of homeownership.Don't miss this rare opportunity to own a solid, long-term family-owned property with tremendous potential!
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
7
Basement:
Yes - Bilco-Style Door, Full, Unfinished
Interior:
Carbon Monoxide Detector, Carpeting, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
97X116
Lot Desc:
Level Lot
Parking
Garage Capacity:
2-Car
Description:
Detached Garage, Garage Door Opener
Parking:
2 Car Width, Blacktop
Spaces Available:
6
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Ceiling Fan(s), Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
4
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
1 Unit, Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
1 Unit, Central Air
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
BRIDG-RAR
Community Information
County:
Somerset
Town:
Raritan Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$499,900
Tax Amount:
$8,496
Land Assessment:
$126,800
Build. Assessment:
$152,500
Total Assessment:
$279,300
Tax Rate:
3.04
Tax Year:
2025
Listing Information
MLS ID:
4033189
List Date:
06-09-2026
Days On Market:
0
Listing Broker:
BHHS FOX & ROACH
Listing Agent:
Constance Radlof
 

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3108 Route 10 West
Denville, NJ 07834
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Shawn and Diane Fox