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    Somerset, NJ
    Residential Income

    Somerset, NJ Residential Income Properties for Sale

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    Franklin Twp, NJ Franklin, NJ North Brunswick, NJ Hillsborough, NJ South Brunswick, 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 Any Listing Into an Investment Snapshot Owner equity, real caprate, 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.

    View details
    Mixed-Use Multifamily Property
    Mixed-Use Multifamily Property

    847 Hamilton Street, Franklin, NJ 08873

    $1,175,000
    3,360 sqft 0.11 AC lot

    A Franklin, NJ building with three apartments and two commercial stores, offering income through a mixed-use setup.

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    Two-Unit Duplex on Corner Lot
    Two-Unit Duplex on Corner Lot

    41 Elizabeth St, South Bound Brook, NJ 08880

    $569,900
    0.17 AC lot

    Refreshed two-family duplex with separate entrances, updated interiors, and a paved driveway with rear parking access.

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    Residential Income Property with Ranch
    Residential Income Property with Ranch

    Franklin, NJ 08873

    $1,500,000

    Two family home plus a separate ranch home are rented, each served by septic and public water.

    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.

    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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    Franklin, NJ Residential Land
    Franklin, NJ Residential Land

    Franklin, NJ 08873

    $1,500,000

    4.2 acre residential land in Franklin, NJ for sale.

    View details
    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.

    View details

    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
    View details
    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
    View details
    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
    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

    Value Estimation by Request
    11.10 AC lot
    View details
    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 Residential Income Properties Market Trends and Statistics

    Explore 14 residential income properties for sale in Somerset, NJ on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for residential income properties in Somerset, NJ start at $0.00, averaging $0.00, and reaching up to $0.00 — 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

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    08873 $549K

    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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