Apartment Building

Somerset, NJ Apartment Buildings for Sale

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Franklin Twp, NJ Franklin, NJ North Brunswick, NJ Piscataway, NJ Hillsborough, NJ East Brunswick, NJ South Bound Brook, NJ Kendall Park, NJ
Mixed-Use Building with Retail
Updated: Apr 11
Mixed-Use Building with Retail

499 Hamilton St, Somerset, NJ 08873

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Three‑story mixed‑use building with six apartments and three ground‑floor retail stores
New construction recently completed in 2018
Ground‑floor spaces include retail/professional use locations for a business
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9-Unit Multifamily Property
Updated: Apr 23
9-Unit Multifamily Property

507 Hamilton Street, Somerset, NJ 08873

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Multifamily building for sale with 9 total units
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9-Unit Apartment Building
9-Unit Apartment Building

72-82 Main Street & 2 Highland Avenue, Somerset, NJ 08873

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Multi-unit residential income property at a two-address Somerset location.

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See what stands out in Somerset County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 3 Active listings in Somerset, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

11-Unit Apartment Building
11-Unit Apartment Building

261 French Street, New Brunswick, NJ 08901

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9,050 sqft

New Brunswick multifamily property with studios, one-bedroom apartments, and a two-bedroom apartment.

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Mixed-Use Property
Mixed-Use Property

38-40 W Main St, Bound Brook, NJ 08805

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0.62 AC lot

Located on W Main St in Bound Brook, New Jersey.

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64-Unit Apartment Building Portfolio
64-Unit Apartment Building Portfolio

19 Henry St, New Brunswick, NJ 08901

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New Jersey apartment portfolio with varied layouts, renovated interiors, and documented capital improvements across multiple properties.

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Mixed-Use Downtown Income Building
Mixed-Use Downtown Income Building

117 E Main St, Bound Brook, NJ 08805

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Well-maintained mixed-use building with two commercial spaces and eight residential units near the train station.

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Off-Market Properties in Somerset, NJ

Consider similar Off-Market properties in Somerset, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

52 Norma Ave
APARTMENT HOUSE (UNDER 5 UNITS)

52 Norma Ave, Somerset, NJ 08873-3166

$565,000
Estimated value
2,512 sqft 0.29 AC lot
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1350 Easton Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1350 Easton Ave, Somerset, NJ 08873-1413

Value Estimation by Request
16,397 sqft 41.98 AC lot
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575 Easton Ave
APARTMENT HOUSE (UNDER 5 UNITS)

575 Easton Ave, Somerset, NJ 08873-1974

$460,000
Estimated value
11.35 AC lot
View details
23 Hawthorne Dr
APARTMENT HOUSE (UNDER 5 UNITS)

23 Hawthorne Dr, Somerset, NJ 08873-5501

$4,665,000
Estimated value
22,206 sqft 1.90 AC lot
View details
23 Hawthorne Dr
APARTMENT HOUSE (UNDER 5 UNITS)

23 Hawthorne Dr, Somerset, NJ 08873-5501

$680,000
Estimated value
3,220 sqft 3.20 AC lot
View details
Rutgers Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

Rutgers Blvd, Somerset, NJ 08873

$595,000
Estimated value
22.36 AC lot
View details
41 Berry St
APARTMENT HOUSE (UNDER 5 UNITS)

41 Berry St, Somerset, NJ 08873

$270,000
Estimated value
1,071 sqft 5.16 AC lot
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1 John F Kennedy Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

1 John F Kennedy Blvd, Somerset, NJ 08873-1789

$630,000
Estimated value
48.30 AC lot
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44 Norma Ave
APARTMENT HOUSE (UNDER 5 UNITS)

44 Norma Ave, Somerset, NJ 08873-3155

$1,970,000
Estimated value
9,280 sqft 0.46 AC lot
View details
Rutgers Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

Rutgers Blvd, Somerset, NJ 08873

$525,000
Estimated value
2.97 AC lot
View details
120 Pierce St
APARTMENT HOUSE (UNDER 5 UNITS)

120 Pierce St, Somerset, NJ 08873

$420,000
Estimated value
11.10 AC lot
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66 Cedar Grv Ln
APARTMENT HOUSE (UNDER 5 UNITS)

66 Cedar Grv Ln, Somerset, NJ 08873-6472

$465,000
Estimated value
12.72 AC lot
View details

Somerset, NJ Apartment Buildings Market Trends and Statistics

Explore 15 apartment buildings for sale in Somerset, NJ, showcased through 3 active listings on our real estate platform.

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Demographics Overview

Population 56K
Population Growth (5Y) +4.1%
Median Household Income $117,866
College Educated 40.0%

Taxes & Financing

Tax Rate (average for all types) 1.89%
Property Tax per SF $27.25 per SF
Tax Rate vs County Average 0.16 pp below county avg
Average Loan-to-Value 65.0%

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