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    Somerville, NJ
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    Somerville, NJ Commercial Land for Sale

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    Somerville Boro Land Opportunity
    Updated: May 22, 2023
    Somerville Boro Land Opportunity

    Somerville, NJ 08876

    $1,125,000
    0.47 AC lot
    Large lot in Somerville offering a development opportunity.
    Zoned POR (professional office/research/residential) allowing for diverse development options.
    Frontage on West End Ave and easement access to West High St.
    Survey available.
    Potential for luxury townhome development.
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    Commercial Land Near Somerville Circle
    Updated: Mar 25, 2024
    Commercial Land Near Somerville Circle

    79 Us Highway 206, Somerville, NJ 08876

    $1,100,000
    Commercial land at 79 US Highway 206, Somerville, NJ
    Located close to Somerville Circle
    Zoned for most commercial uses
    All utilities available
    Survey available
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    Commercial Land Near Somerville Circle
    Commercial Land Near Somerville Circle

    79 Route 206, Somerville, NJ 08876

    $1,100,000
    1.65 AC lot

    Vacant commercial land with utilities, ideal for fast food.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Somerville, 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.

    Prime Land on Route 22
    Prime Land on Route 22

    229 Adamsville Rd, Bridgewater, NJ 08807

    $2,500,000
    50,000 sqft 4.10 AC lot

    4.1 acres on corner of Route 22 and Adamsville Road.

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    Commercial Land with Medical Uses
    Commercial Land with Medical Uses

    351 Doctors Way, Hillsborough, NJ 08844

    $2,500,000
    3.29 AC lot

    Commercial HS zoning supports medical offices, business services, restaurants, and designated care facilities.

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    Commercial Lot at Traffic Light
    Commercial Lot at Traffic Light

    306 Us Highway 206, Hillsborough, NJ 08844

    $199,000

    Municipal sewer and water are available, with construction contingent on approval of a variance.

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    Commercial Land Available
    Commercial Land Available

    Bridgewater, NJ 08807

    $1,200,000
    3.10 AC lot

    Commercial land for sale in Bradley Gardens, New Jersey.

    View details

    Somerville, NJ Commercial Land Market Trends and Statistics

    Explore 3 commercial land for sale in Somerville, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 92,347 square feet of properties for sale, with an estimated market value of $3,325,000.

    Sale prices for commercial lots in Somerville, NJ start at $1,100,000, averaging $1,108,333, and reaching up to $1,125,000 — 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

    Commercial land 3
    Residential land & home lots 2

    Demographics Overview

    Population 23K
    Population Growth (5Y) +3.8%
    Median Household Income $120,823
    College Educated 77.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    08876 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.23%
    Property Tax per SF $24.12 per SF
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Somerset County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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