Multifamily

Somerset, NJ Multifamily Properties for Sale

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Franklin Twp, NJ Franklin, NJ North Brunswick, NJ Hillsborough, NJ Kendall Park, NJ Manville, NJ Highland Park, NJ South Bound Brook, NJ
Mixed-Use Building with Retail
Updated: Apr 11
Mixed-Use Building with Retail

499 Hamilton St, Somerset, NJ 08873

Contact for pricing
Three‑story mixed‑use building with six apartments and three ground‑floor retail stores
New construction recently completed in 2018
Ground‑floor spaces include retail/professional use locations for a business
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9-Unit Multifamily Property
Updated: Apr 23
9-Unit Multifamily Property

507 Hamilton Street, Somerset, NJ 08873

Contact for pricing
Multifamily building for sale with 9 total units
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 2 Active listings in Somerset, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Family Residence with Large Yard
Two-Family Residence with Large Yard

173 Clinton Street, South Bound Brook, NJ 08880

$629,900
3,598 sqft 0.30 AC lot

Well-maintained two-family home features two separate units, separate utilities, and an exceptionally large rear yard.

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Two-Family Duplex on Corner Lot
Two-Family Duplex on Corner Lot

41 Elizabeth St, South Bound Brook, NJ 08880

$529,900
0.17 AC lot

Refreshed two-family duplex on a corner lot with updated kitchen, thermopane windows, and roof under five years.

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Renovated Two-Unit Residential Income
Renovated Two-Unit Residential Income

105 Louis Street, New Brunswick, NJ 08901

$850,000
2,312 sqft

Renovated two-family home with separate utilities, new kitchens, and updated flooring across both units.

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Three-Family Residential Income Property
Three-Family Residential Income Property

374 Delavan Street, New Brunswick, NJ 08901

$769,000
2,318 sqft

Three separate units with finished basement and attic, plus covered front porch and a long double-wide driveway for parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Detached Two-Family Duplex
Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

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Flatbush Development Property For Sale
Flatbush Development Property For Sale

14 E 32nd Street lot: 13, Brooklyn, NY 11226

$1,249,000
1,407 sqft 0.09 AC lot

40 x 100 lot with R6, C1-2 zoning.

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Land Near Camelback Resort
Land Near Camelback Resort

250 Big Hill Pass, Scotrun, PA 18355

Contact for pricing
0.18 AC lot

Open lot near Camelback, suitable for RV, tiny home, or mobile.

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Lakefront RV Park Lot with Park Model
Lakefront RV Park Lot with Park Model

WL2-38 Lake View N, Gouldsboro, PA 18424

$155,000
0.12 AC lot

Lakefront RV park lot with a deck, public water and public sewer, and an included park model home for vacation use.

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Off-Market Properties in Somerset, NJ

Consider similar Off-Market properties in Somerset, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

52 Norma Ave
APARTMENT HOUSE (UNDER 5 UNITS)

52 Norma Ave, Somerset, NJ 08873-3166

$565,000
Estimated value
2,512 sqft 0.29 AC lot
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1350 Easton Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1350 Easton Ave, Somerset, NJ 08873-1413

Value Estimation by Request
16,397 sqft 41.98 AC lot
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575 Easton Ave
APARTMENT HOUSE (UNDER 5 UNITS)

575 Easton Ave, Somerset, NJ 08873-1974

Value Estimation by Request
11.35 AC lot
View details
23 Hawthorne Dr
APARTMENT HOUSE (UNDER 5 UNITS)

23 Hawthorne Dr, Somerset, NJ 08873-5501

$4,665,000
Estimated value
22,206 sqft 1.90 AC lot
View details
23 Hawthorne Dr
APARTMENT HOUSE (UNDER 5 UNITS)

23 Hawthorne Dr, Somerset, NJ 08873-5501

$680,000
Estimated value
3,220 sqft 3.20 AC lot
View details
Rutgers Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

Rutgers Blvd, Somerset, NJ 08873

$595,000
Estimated value
22.36 AC lot
View details
41 Berry St
APARTMENT HOUSE (UNDER 5 UNITS)

41 Berry St, Somerset, NJ 08873

Value Estimation by Request
1,071 sqft 5.16 AC lot
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1 John F Kennedy Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

1 John F Kennedy Blvd, Somerset, NJ 08873-1789

$630,000
Estimated value
48.30 AC lot
View details
44 Norma Ave
APARTMENT HOUSE (UNDER 5 UNITS)

44 Norma Ave, Somerset, NJ 08873-3155

$1,970,000
Estimated value
9,280 sqft 0.46 AC lot
View details
Rutgers Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

Rutgers Blvd, Somerset, NJ 08873

$525,000
Estimated value
2.97 AC lot
View details
120 Pierce St
APARTMENT HOUSE (UNDER 5 UNITS)

120 Pierce St, Somerset, NJ 08873

Value Estimation by Request
11.10 AC lot
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66 Cedar Grv Ln
APARTMENT HOUSE (UNDER 5 UNITS)

66 Cedar Grv Ln, Somerset, NJ 08873-6472

Value Estimation by Request
12.72 AC lot
View details

Somerset, NJ Multifamily Properties Market Trends and Statistics

Explore 14 multifamily properties for sale in Somerset, NJ on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2

Demographics Overview

Population 56K
Population Growth (5Y) +4.1%
Median Household Income $117,866
College Educated 40.0%

Taxes & Financing

Tax Rate (average for all types) 1.89%
Property Tax per SF $27.25 per SF
Tax Rate vs County Average 0.16 pp below county avg
Average Loan-to-Value 65.0%

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