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Updated Two-Family Duplex
For Sale
$585,000

23 Home Street, Somerset, NJ 08873

Duplex with one occupied unit and a second unit available for occupancy or new tenancy.

Property Size1,006 SF
Price / SF$581.51
Days on Market155

Property Features for 23 Home Street

General Information

Standard status Active
Size 1,006 SF
Property subtype Multi Family / 1-One Story

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,792

Amenities

No
Asphalt Shingle
Curbs, Partially Fenced, Sidewalk, Storage Shed
Vinyl Siding

Building Details

Year Built 1916
Listing Agency: REALSOPHY REAL ESTATE
Listed By: SOPHIA G. GEORGES · License #300229
Source: Compass
Added: Mar 30 Changed: Aug 31 Last Checked: Aug 31 at 2:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALSOPHY REAL ESTATE

Investment Insights

Based on property information with market context.

This two-family duplex includes one unit that is currently tenant-occupied and a second unit that became vacant on March 31. The available unit can support either new tenancy or owner occupancy. Property improvements include a newer roof installed in 2018, along with flooring and paint updates completed that year.

The property is located near RWJ Barnabas Hospital, New Brunswick Train Station, Rutgers University, and downtown New Brunswick, where restaurants, shopping, and entertainment are available. Exterior features include vinyl siding, partially fenced grounds, curbs, sidewalks, and a storage shed.

Key Highlights

  • Two‑family duplex with one occupied unit
  • Second unit vacated on March 31
  • Roof replacement completed in 2018

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby

Demographics for 08873, NJ

55,500
Population
22,142
Households
2.5
Avg Household Size
42
Median Age
54%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,729
Density / Sq Mi
$117,866
Median Household Income
$61,727
Median Earnings
$1,942
Median Rent
$438,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with one occupied unit and a second unit available for occupancy or new tenancy.
Where is this duplex located?
The property is located at 23 Home Street Somerset, NJ.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Two‑family duplex with one occupied unit; Second unit vacated on March 31; Roof replacement completed in 2018
More about this property
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