Residential Income

Somerset, NJ Residential Income Properties for Sale

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Franklin Twp, NJ Franklin, NJ North Brunswick, NJ Piscataway, NJ Hillsborough, NJ East Brunswick, NJ South Bound Brook, NJ Kendall Park, 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

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Multifamily building for sale with 9 total units
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9-Unit Apartment Building
9-Unit Apartment Building

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

Contact for pricing

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

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See what stands out in Somerset County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 3 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.

Duplex with Partially Finished Basement
Duplex with Partially Finished Basement

240 Cedar St, South Bound Brook, NJ 08880

$675,000
0.15 AC lot

Two renovated units feature separate utilities, private laundry, and access to a fenced yard.

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Renovated Duplex with Separate Utilities
Renovated Duplex with Separate Utilities

240 Cedar St, South Bound Brook, NJ 08880

$675,000

Two updated residential units with private laundry, off-street parking, basement storage, and outdoor space.

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64-Unit Apartment Building Portfolio
64-Unit Apartment Building Portfolio

19 Henry St, New Brunswick, NJ 08901

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New Jersey apartment portfolio with varied layouts, renovated interiors, and documented capital improvements across multiple properties.

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Renovated Multifamily Property
Renovated Multifamily Property

1 Adams Pl., New Brunswick, NJ 08901

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Multifamily offering in New Brunswick with updated kitchen and bathroom finishes and a studio-plus-bedroom apartment mix.

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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.

Residential Land in Franklin Township
Residential Land in Franklin Township

193 Hillcrest Ave, Franklin Twp, NJ 08873

$199,999
0.23 AC lot

Land for building a single-family home in Franklin Township.

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Hillsborough Land Near Sourland Mountains
Hillsborough Land Near Sourland Mountains

0-0 Amwell Road, Hillsborough, NJ 08844

$450,000
7.73 AC lot

7+ acre lot in Hillsborough, ideal for building a home.

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Land for Subdivision in Weston
Land for Subdivision in Weston

946 Kennedy Blvd, Manville, NJ 08835

$800,000
0.70 AC lot

0.7 acres available for subdivision into four lots.

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Cleared Land in South Brunswick
Cleared Land in South Brunswick

55-B Davidson Mill Road, South Brunswick, NJ 08902

$1,050,000
8.00 AC lot

8 acres of cleared land with development potential.

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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

$460,000
Estimated value
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

$270,000
Estimated value
1,071 sqft 5.16 AC lot
View details
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

$420,000
Estimated value
11.10 AC lot
View details
66 Cedar Grv Ln
APARTMENT HOUSE (UNDER 5 UNITS)

66 Cedar Grv Ln, Somerset, NJ 08873-6472

$465,000
Estimated value
12.72 AC lot
View details

Somerset, NJ Residential Income Properties Market Trends and Statistics

Explore 15 residential income properties for sale in Somerset, NJ, showcased through 3 active listings 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 3
Multifamily properties 3

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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