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9-Unit Apartment Building
For Sale
Contact for pricing
Pending

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

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

Property SizeContact for details
Days on Market144

Property Features for 72-82 Main Street & 2 Highland Avenue

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Weichert Commercial Brokerage Inc Morris Plains
Listed By: John "Jack" Fera · License #NJ 9033806
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 12:24AM

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 Weichert Commercial Brokerage Inc Morris Plains

Investment Insights

Based on property information with market context.

This apartment building property comprises 9 residential units and is classified as a multifamily residential income asset. The offering includes 72-82 Main Street and 2 Highland Avenue in Somerset, New Jersey 08873.

Key Highlights

  • 9‑unit apartment building
  • Property spans 72‑82 Main Street and 2 Highland Avenue
  • Located in Somerset, NJ 08873

Property Analytics

Current Use

Apartment buildings

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.

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Multi-unit residential income property at a two-address Somerset location.
Where is this apartment building located?
The property is located at 72-82 Main Street & 2 Highland Avenue Somerset, NJ.
What are key features of this property?
This property features: 9‑unit apartment building; Property spans 72‑82 Main Street and 2 Highland Avenue; Located in Somerset, NJ 08873
More about this property
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