The median home value in Somerset, NJ is $540,000.
This is
higher than
the county median home value of $450,000.
The national median home value is $308,980.
The average price of homes sold in Somerset, NJ is $540,000.
Approximately 68.5% of Somerset homes are owned,
compared to 22.75% rented, while
6.25% are vacant.
Somerset real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Somerset real estate agent to arrange a tour today!
Learn more about Somerset.
Subdivision is now complete. with 2 lots, 1 acre each, must be bought together. There is a home on one lot, included in sale and is sold as is, where is. The price is for both the lots. All public utilities are on the street. The property has well and septic, they must be removed and homes must be connected to public water and sewer. There is also an underground oil tank that serves the property, the furnace is almost brand new. So much potential as such good price to build 2 new homes. There are some wetlands in front and back of the property. Rare find indeed at such a price. The new lots are addresses 199 and 201 Wilson.
Property had been previously approved for a 28 townhome project each with 2,545 sq. ft. However due to changes in zoning, D&R requirements yield may have changed. Buyer responsible for Engineering and due diligence to determine yield. Existing homes have little value and are rented. Rental income and survey available upon request.
3 LOT SUB DIVISION READY TO BUILD. SUB DIVISION MAP, RESOLUTIONS, LOI, SOIL LOG ALL AVAILABLE FOR REVIEW. PUBLIC WATER ON STRREET, SEPTIC BLOCK 85, LOTS 15.06 (1 ACRE) 15.07 (1 ACRE) AND 15.08 (3,25 ACRES) THIS IS RIGHT DOWN STREET FROM A NEW SUB DIVISION ALMOST COMPLETED WHERE HOMES ARE SELLING IN THE HIGH $700,000 RANGE.