Commercial

Somerset, NJ Commercial Land for Sale

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Corner Development Land Opportunity
Updated: Apr 11
Corner Development Land Opportunity

64 Norma Ave, Somerset, NJ 08873

Contact for pricing
1.69 AC lot
1.69‑acre corner lot on Franklin Blvd
Located in a high‑density area near the Hamilton Street business district
OP (Office Professional) zoning allows for office, multi‑residential, and mixed‑use development
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Commercial Land For Sale
Updated: Jan 19, 2025
Commercial Land For Sale

535 Madison Ave, Somerset, NJ 08873

$95,900
0.11 AC lot
Sewer close by.
Sold as is.
Buyers responsible for their own due diligence.
Needs variance to build.
Any questions please check with township zoning department.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Somerset, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

C3 Commercial Land
C3 Commercial Land

1443 Finnegan Lane, North Brunswick, NJ 08902

$1,500,000
2.67 AC lot

Commercial development parcel with General Commercial zoning and natural gas availability in North Brunswick’s business district.

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C3-Zoned Commercial Land
C3-Zoned Commercial Land

1443 Finnegan Lane, North Brunswick, NJ 08902

$1,500,000

Commercial development parcel within North Brunswick’s business district, surrounded by retail businesses along Finnegans Lane.

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Vacant Parking Lot Development Site
Vacant Parking Lot Development Site

4 N Ward St, New Brunswick, NJ 80901

Contact for pricing

Vacant lot currently used as a parking lot, measuring 75 by 100 feet, adjacent to a repair center.

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Route 130 Development Opportunity
Route 130 Development Opportunity

New Brunswick, NJ 08902

Contact for pricing

Commercial land for development near Route 1 and NJTP.

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Somerset, NJ Commercial Land Market Trends and Statistics

Explore 2 commercial land for sale in Somerset, NJ on our real estate platform. These investment opportunities span a total of 78,408 square feet of properties for sale, with an estimated market value of $95,900.

Sale prices for commercial lots in Somerset, NJ average $95,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 4
Commercial land 2

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Somerset submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
08873 $95.9K

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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