The median home value in Somerset, NJ is $289,000.
This is
lower than
the county median home value of $450,000.
The national median home value is $308,980.
The average price of homes sold in Somerset, NJ is $289,000.
Approximately 68.5% of Somerset homes are owned,
compared to 22.75% rented, while
6.25% are vacant.
Somerset real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Somerset real estate agent to arrange a tour today!
Learn more about Somerset.
Prime Development Site on Route 27 The property is 1.5 Acre Lot on busy Route 27 located minutes from downtown New Brunswick, Rutgers University, RWJUH, St. Peters, Routes 1 & 18, and Princeton University. The zoning is Cluster Residential. The Following Are Permitted Uses: One Family Dwellings Two-Family Dwellings Garden Apartment Developments Townhouse Developments Residential Cluster Developments Community Residences (Conditionally Approved) Churches and Other Similar Places of Worship (Conditionally Approved) Property Features: Prime Location Near Finnegan's Lane Property is 1.5 Acres Lot Dimensions: 100'x655' Development on the Left Side of the Property could have North East Facing Doors Garden Apartments or Townhouses Might be the highest and Best Use. Existing Residence on Site Could be Rented for Income During the Development Process Current Real Estate Taxes: $7,461 Asking $1,200,000 Please call Broker for more information or to schedule to see the property.
BUILD YOUR DREAM HOME ON THIS RARE SITE THAT OFFERS VIEWS OF PRESERVED PARK LANDS PLUS CONVENIENT ACCESS TO ROUTES 287/27, HOSPITALS, SCHOOLS AND SHOPPING! One acre building lot in ideal location that offers the perfect blend of privacy and views along with close proximity to highways, schools, work and shopping. Level lot in area of high end homes situated across from NJ State Park Lands known as Six Mile Run which offers over 13 miles of trails for hiking and biking on over 3000 acres of preserved lands. Zoning allows for one single family home and will require install of well and septic with utilities being either propane gas, oil or electric; no public water service or natural gas is available. Buyer responsible for all necessary permits and approvals.
2 Lot subdivision, ready to build, Well and septic required, 107 Weston Road is 1.552 acres & 109 Weston Road is 1.694 acres
Subdivision is now complete. with 2 lots, 1 acre each, must be bought together. There is a home on one lot, included in sale and is sold as is, where is. The price is for both the lots. All public utilities are on the street. The property has well and septic (seller will remove at their cost once there is a firm contract), they must be removed and homes must be connected to public water and sewer. There is also an underground oil tank that serves the property (seller will remove that and provide clear cert to buyer once under contract). So much potential at such good price to build 2 new homes. There are some wetlands in front and back of the property. Rare find indeed at such a price. The new lots are addresses 199 and 201 Wilson.
Subdivision is now complete with 2 lots, 1 acre each, must be bought together. There is a home on one lot, included in sale and is sold as is, where is. The price is for both the lots. All public utilities are on the street. The property has well and septic (seller will remove once under contract), they must be removed and homes must be connected to public water and sewer. There is also an underground oil tank that serves the property (seller will remove once under contract and provide clear cert). So much potential at such good price to build 2 new homes. There are some wetlands in front and back of the property. Rare find indeed at such a price. New addresses for lots are 199 and 201 Wilson.
Property had been previously approved for a 28 townhome project each with 2,545 sq. ft. However due to changes in zoning, D&R requirements yield may have changed. Buyer responsible for Engineering and due diligence to determine yield. Existing homes have little value and are rented. Rental income and survey available upon request.
3 LOT SUB DIVISION READY TO BUILD. SUB DIVISION MAP, RESOLUTIONS, LOI, SOIL LOG ALL AVAILABLE FOR REVIEW. PUBLIC WATER ON STRREET, SEPTIC BLOCK 85, LOTS 15.06 (1 ACRE) 15.07 (1 ACRE) AND 15.08 (3,25 ACRES) THIS IS RIGHT DOWN STREET FROM A NEW SUB DIVISION ALMOST COMPLETED WHERE HOMES ARE SELLING IN THE HIGH $700,000 RANGE.