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Two-Family Duplex
For Sale
$629,000

34 N Richards Ave, Somerville, NJ 08876

A two-unit home offers separate residential space on its first and second floors.

Property SizeContact for details
Days on Market15

Property Features for 34 N Richards Ave

General Information

Standard status Active
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $11,653

Building Details

Year Built 1900
Units 2
Listing Agency: RE/MAX PREFERRED PROFESSIONALS
Listed By: PATRICK M KELLY · License #SB7941508
Source: Elliman
Added: Sep 30 Changed: Oct 4 Last Checked: Oct 12 at 8:57PM

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 RE/MAX PREFERRED PROFESSIONALS

Investment Insights

Based on property information with market context.

This duplex was built in 1900 and contains two residential units, with one unit on each floor. The first-floor unit has been occupied by the owner for many years.

The property is located in Somerville, near schools, parks, shopping, and bus and train service. Downtown Somerville is also nearby.

Key Highlights

  • Two‑family property with one unit on each floor
  • Built in 1900
  • First‑floor unit occupied by the owner for many years

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Garden Center Cafe & Coffee Shop Daycare Center Locksmith Bakery

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

Location Intelligence

Trade Area within ½ mile

857
Businesses Nearby

Demographics for 08876, NJ

22,849
Population
9,717
Households
2.4
Avg Household Size
40
Median Age
56%
College-Educated
94%
High-School Grad
16.0 sq mi
ZIP Area
1,428
Density / Sq Mi
$120,823
Median Household Income
$70,464
Median Earnings
$1,776
Median Rent
$468,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - A two-unit home offers separate residential space on its first and second floors.
Where is this duplex located?
The property is located at 34 N Richards Ave Somerville, NJ.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Two‑family property with one unit on each floor; Built in 1900; First‑floor unit occupied by the owner for many years
More about this property
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