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Two-Story Duplex with PO-R Zoning

72 N Bridge St, Somerville, NJ 08876

For Sale
$625,000
Pending

Multi-Family, 2-Two Story, Somerville Boro, NJ

Property Size2,728 SF
Lot Size0.10 Acres
Days on Market56

Property Features for 72 N Bridge St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning PO-R
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bedroom 2, Bathroom 2
Parking 4
Patio and Porch features Porch
Interior features Blinds, Carbon Monoxide Detector, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors
Exterior features Curbs, Enclosed Porch(es), Sidewalk, Storm Window(s)
Subdivision North End/ Downtown
Lot features Level Lot, Open Lot
Elementary school VAN DEVEER
Middle school SOMERVILLE
High school SOMERVILLE
Directions Route 22 to N Bridge St towards Somerville downdown # 72 on Left
Standard status Pending
Size 2,728 SF
Lot size 0.10 Acres

Additional Details

Individually Metered Utilities central A/C and heating, water heater, gas, electric

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12901

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX CLASSIC GROUP · RE/MAX International
Listed By: TREVON PEIRIS · License #CAT3181
Added: Sep 15 Changed: Nov 6 Last Checked: Nov 9 at 5:06AM
MLS# 4052965

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,728-square-foot duplex occupies a 0.1-acre lot in Somerville Boro and is configured for two-story residential use. Each unit has independent central air conditioning and forced-air heat, along with separate water heaters, gas meters, and electric meters. The property also includes a full basement, walk-up attic, and enclosed porch for additional usable space and storage. Interior finishes include wood and vinyl-linoleum flooring.

PO-R zoning supports the property’s professional office and residential framework. The location is near downtown shopping and dining, as well as the train station. Public water and public sewer serve the property, with cable service available. Exterior features include sidewalks, curbs, storm windows, and a shingle roof.

Key Highlights

  • 2,728‑square‑foot duplex on a 0.1‑acre lot
  • PO‑R zoning supports professional office and residential use
  • Separate utilities for each unit, including HVAC, water, gas, and electric

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,843
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$916,860 $916.9K
Cap Rate 7%
$654,900 $654.9K
Cap Rate 9%
$509,367 $509.4K
Market Conditions
NOI Build-Up for 2,728 SF
Gross rent
$94.3K $34.56/SF
− Vacancy
−$20.9K −$7.67/SF
EGI
$73.3K $26.89/SF
− OpEx
−$27.5K −$10.08/SF
NOI
$45.8K $16.80/SF
Area
Somerset County, NJ
Vacancy
22.20%
Lease Rate
$34.56 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$916,860
Cap Rate 7%
$654,900
Cap Rate 9%
$509,367

Alternative Uses

Best Use
Mixed Use
$654.9K
$573.0K – $764.1K (±1% cap)
NOI $45,843 @ 7.0% cap · market cap 7.33%
Second Best
Multifamily LT 5
$556.2K
$486.7K – $648.9K (±1% cap)
NOI $38,933 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$712.3K
$623.3K – $831.1K (±1% cap)
NOI $49,863 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Garden Center Pet Store Tanning Salon

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

1,768
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

Average Price Trend$/SF for Duplexes in Somerset County, NJ

$313 Jul
$350 Aug
$518 Sep
$329 Oct

Properties on Market for Duplexes in Somerset County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Duplex with separate utilities, full basement, attic storage, and enclosed porch near downtown amenities and rail service.
Where is this duplex located?
The property is located at 72 N Bridge St Somerville, NJ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2,728‑square‑foot duplex on a 0.1‑acre lot; PO‑R zoning supports professional office and residential use; Separate utilities for each unit, including HVAC, water, gas, and electric
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