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    Somerville, NJ Multifamily Properties for Sale

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    Bridgewater, NJ Raritan, NJ Manville, NJ
    Somerville Two-Family Property Near Downtown
    $599,000
    3,000 SF

    Somerville Two-Family Property Near Downtown

    38 N Gaston Ave, Somerville, NJ 08876

    Well-maintained 2-unit property near downtown Somerville with ample parking.

    • Prime Location: Just 2 minutes from downtown Somerville, NJ, near Main Street, NJ Transit, Routes 22 & 202/206, and I‑287, with direct access to New York City.
    • High Parking Capacity: Features 13 off‑street parking spaces.
    • Two Spacious Units: Approximately 3,000 sq ft property with two move‑in‑ready units, each featuring 4 bedrooms and 1 bathroom (8 bedrooms and 2 bathrooms total).
    • Rezoning Potential: Currently commercially zoned, with the owner having begun the process of rezoning to residential multi‑family.
    • Full Basement: Offers a full basement with storage or potential finishing options.
    Updated: May 15
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    Somerville Duplex: Investment Opportunity
    $525,000
    1,560 SF

    Somerville Duplex: Investment Opportunity

    56-58 Hamilton Street, Somerville, NJ 08876

    Two-family duplex in Somerville, ideal for investors or owner-occupants.

    • Income‑generating two‑family duplex.
    • Prime investment opportunity in a desirable Somerville neighborhood.
    • Ideal for owner‑occupants to offset mortgage costs.
    • Two spacious apartments, each with 2 bedrooms and 1 bath.
    • First‑floor apartment includes a full basement for storage or expansion.
    Updated: Feb 20
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    Somerville Duplex Investment Opportunity
    $525,000
    0.12 Acres

    Somerville Duplex Investment Opportunity

    Charming duplex in Somerville, ideal for investors or owner-occupants.

    56-58 Hamilton St, Somerville, NJ 08876
    View details
    Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 3 Active listings in Somerville, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 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.

    Manville Two-Family Investment Opportunity
    $550,000
    1,584 SF

    Manville Two-Family Investment Opportunity

    Fully rented duplex in Manville, NJ with strong rental history.

    346 N 6th Avenue N, Manville, NJ 08835
    View details
    Bound Brook Duplex: Income Opportunity
    $550,000
    0.36 Acres

    Bound Brook Duplex: Income Opportunity

    Well-maintained duplex in Bound Brook with strong rental income potential.

    261 W Main St, Bound Brook, NJ 08805
    View details
    Mixed-Use Investment Property in Manville
    $895,000
    0.13 Acres

    Mixed-Use Investment Property in Manville

    Mixed-use property with 5 units and 2 garages.

    116 Brooks Blvd, Manville, NJ 8835
    View details
    Bound Brook Multifamily Property
    $650,000
    0.12 Acres

    Bound Brook Multifamily Property

    Multifamily property in Bound Brook with finished basement.

    154 W High St, Bound Brook, NJ 8805
    View details

    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.

    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF

    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226
    View details
    Flatbush Development Property For Sale
    $1,249,000
    1,407 SF

    Flatbush Development Property For Sale

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

    14 E 32nd Street lot: 13, Brooklyn, NY 11226
    View details
    Land Near Camelback Resort
    Contact for pricing
    0.18 Acres

    Land Near Camelback Resort

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

    250 Big Hill Pass, Scotrun, PA 18355
    View details
    Vacant Land Near Eagle Lake
    Contact for pricing

    Vacant Land Near Eagle Lake

    Vacant lot in a premier RV vacation community.

    146 Rainbow Drive, Gouldsboro, PA 18424
    View details

    Off-Market Properties in Somerville, NJ

    Consider similar Off-Market properties in Somerville, 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.

    168 Brg St
    APARTMENT HOUSE (UNDER 5 UNITS)
    Lot: 0.84 Acres
    Value Estimation by Request

    168 Brg St, Somerville, NJ 08876-1644

    View details
    140 Fairview Ave, Unit 146
    APARTMENT HOUSE (UNDER 5 UNITS)
    Lot: 0.31 Acres
    Estimated value
    $1,230,000
    Unit 146

    140 Fairview Ave, Somerville, NJ 08876-3104

    View details
    152 Brg St
    APARTMENT HOUSE (UNDER 5 UNITS)
    60,680 SF Lot: 3.00 Acres
    Estimated value
    $11,045,000

    152 Brg St, Somerville, NJ 08876-3239

    View details
    151 Fairview Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,080 SF Lot: 0.23 Acres
    Estimated value
    $615,000

    151 Fairview Ave, Somerville, NJ 08876-3134

    View details
    150 Brg St
    APARTMENT HOUSE (UNDER 5 UNITS)
    17,928 SF Lot: 4.56 Acres
    Estimated value
    $4,185,000

    150 Brg St, Somerville, NJ 08876-3238

    View details
    11 New St
    APARTMENT HOUSE (UNDER 5 UNITS)
    Lot: 1.17 Acres
    Value Estimation by Request

    11 New St, Somerville, NJ 08876-2818

    View details
    139 Fairview Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    Lot: 0.23 Acres
    Value Estimation by Request

    139 Fairview Ave, Somerville, NJ 08876-3138

    View details
    135 Fairview Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    Lot: 0.23 Acres
    Value Estimation by Request

    135 Fairview Ave, Somerville, NJ 08876-3137

    View details
    147 Fairview Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,744 SF Lot: 0.23 Acres
    Value Estimation by Request

    147 Fairview Ave, Somerville, NJ 08876-3140

    View details
    143 Fairview Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    Lot: 0.23 Acres
    Value Estimation by Request

    143 Fairview Ave, Somerville, NJ 08876-3139

    View details
    245 Mtn Ave, Unit 251
    APARTMENT HOUSE (UNDER 5 UNITS)
    30,784 SF Lot: 1.97 Acres
    Estimated value
    $1,700,000
    Unit 251

    245 Mtn Ave, Somerville, NJ 08876-1501

    View details
    93 Brg St
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,350 SF Lot: 0.16 Acres
    Value Estimation by Request

    93 Brg St, Somerville, NJ 08876-2931

    View details
    135-139 Clf St, Unit 139
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,712 SF Lot: 0.23 Acres
    Value Estimation by Request
    Unit 139

    135-139 Clf St, Somerville, NJ 08876-2443

    View details
    148 Fairview Ave, Unit 154
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,672 SF Lot: 0.31 Acres
    Value Estimation by Request
    Unit 154

    148 Fairview Ave, Somerville, NJ 08876-3104

    View details
    60 Veterans Memorial E Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,756 SF Lot: 0.08 Acres
    Value Estimation by Request

    60 Veterans Memorial E Dr, Somerville, NJ 08876-2956

    View details
    215 Main St, Unit 229
    APARTMENT HOUSE (UNDER 5 UNITS)
    Lot: 2.26 Acres
    Value Estimation by Request
    Unit 229

    215 Main St, Somerville, NJ 08876-3022

    View details
    150 Mercer St
    APARTMENT HOUSE (UNDER 5 UNITS)
    Lot: 1.12 Acres
    Value Estimation by Request

    150 Mercer St, Somerville, NJ 08876-1551

    View details
    221 High St
    APARTMENT HOUSE (UNDER 5 UNITS)
    Lot: 0.71 Acres
    Value Estimation by Request

    221 High St, Somerville, NJ 08876-2430

    View details

    Somerville, NJ Multifamily Properties Investment Opportunities Market Analysis

    Explore 21 multifamily properties for sale in Somerville, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,560 square feet of properties for sale, with an estimated market value of $1,124,000.

    Sale prices for multifamily properties in Somerville, NJ start at $525,000, averaging $562,000, and reaching up to $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 4

    Property Size Breakdown

    The majority of commercial real estate listings in Somerville fall within the 5,000 to 10,000 square foot range.

    Demographics Overview

    Population 23K
    Population Growth (5Y) +3.8%
    Median Household Income $120,823
    College Educated 77.4%

    High-Yield Neighborhoods for Investment

    Identify Somerville submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    08876 $549.7K

    Taxes & Financing

    Tax Rate (average for all types) 2.23%
    Property Tax per SF $24.12 per sq ft
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

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