Somerset NJ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.26 Acres
Year built:
2007
Baths:
6.00
MLS#:
3914106

ADDITIONAL INFORMATION

Rare find side by side duplex, each side features 4 bedrooms, 21/2 baths , laminate flooring, granite counter tops in kitchen 42 in cherry cabinets, 9 ft ceilings on first floor, 1 car garage each side , full walkout basements, new roof 2023 ,new railings on open porches and step, back deck of of living area, rooms are all spacious. long term tenants, this house has great potential for an investor, original owner, close to rutgers university and st peters and robert wood hospitals.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Lot size:
5.3 Acres
Year built:
1850
Baths:
5.00
MLS#:
3894638
Subdivision:
East Millstone

ADDITIONAL INFORMATION

Two homes on one lot with parking for 15 cars. Operating as a nonprofit Mental Health Facility for the past 40 years. The first structure/main home is a two story Dutch Colonial with 12 rms consisting of 6 bedrooms, 2.5 baths, kit, din, liv, foyer/library and a walk out basement with two offices. The second structure is a Converted Barn/Office/Dwelling with 13 rooms of which the walk out 1st floor offers: 3 bedrooms, lounge & full bath. The 2nd floor is also ground level (in the front) which is the facilities office space and has a reception area, conference rm, 3 offices/Bedrooms, kitchenette & a half bath. An added bonus to the office space is a spiral staircase leading to a mezzanine overlooking the reception area plus two storage rooms. The third structure is a barn which offers parking for 1 car, 2 horse stalls, a storage room and walk up stairs to the loft which has a game room and arts & crafts room. Dutch Colonial/main home has it's own septic, oil fired boiler with radiators/steam for heat & a propane tank for cooking. The Converted Barn/Office/Dwelling has it's own septic, electric heat on 1st floor walkout, radiant heat in the floors for the office space, CAC (only in the office). The third structure/barn has a ceiling mounted propane heater for the loft. Property includes additional adjoining lot 18.05 located at 1 Miller Farm Rd. Total acres for both lots 5.33. Minutes to Princeton, Somerville & New Brunswick. Easy access to Rts 287, 78, 22 & 1.

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Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Somerset Real Estate

The median home value in Somerset, NJ is $518,500. This is lower than the county median home value of $519,300. The national median home value is $338,100. The average price of homes sold in Somerset, NJ is $518,500. Approximately 69.32% of Somerset homes are owned, compared to 25.42% rented, while 5.26% are vacant. Somerset real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Somerset real estate agent to arrange a tour today!

Somerset, New Jersey has a population of 24,827. Somerset is less family-centric than the surrounding county with 34.95% of the households containing married families with children. The county average for households married with children is 37.76%.

The median household income in Somerset, New Jersey is $101,627. The median household income for the surrounding county is $121,695 compared to the national median of $69,021. The median age of people living in Somerset is 40.2 years.

Somerset Weather

The average high temperature in July is 85.8 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 48.2 inches per year, with 23.1 inches of snow per year.

Somerset Real Estate Market Conditions

  • Median sales price

    $518,500
    15.1% change since last quarter
  • # Active listings

    80
    30-day change

Somerset Schools and Demographics

Education near Somerset, NJ

Metric City County
High School Graduates 96.95 94.35
College Degree - 2 year 9.3 6.23
College Degree - 4 year 55.86 56.13
Graduate Degree 17.34 18.19
Expenditures per Student 23,575 23,575
Students per Teacher 10.9 10.9

Elementary Schools near Somerset, NJ

School Grades Students P/T Ratio ZIP
Arthur M. Judd PK - 05 783 12.6 08902
Conerly Road School PK - 04 424 12.9 08873
Elizabeth Avenue School PK - 04 659 13.9 08873
Franklin Park School PK - 04 901 11.3 08823
Hillcrest School PK - 04 394 10 08873
John Adams PK - 05 738 15.4 08902
Livingston Park KG - 05 702 13.3 08902
Macafee Road School PK - 04 433 11.8 08873
Parsons PK - 05 794 13.5 08902
Pine Grove Manor School PK - 04 392 9.9 08873
Robert Morris School PK - 08 465 12.3 08880
Thomas Edison Energysmart Charter School KG - 06 296 16 08873
Weston Elementary School PK - 03 503 16 08835

Middle Schools near Somerset, NJ

School Grades Students P/T Ratio ZIP
Alexander Batcho Intermediate School 06 - 08 303 11.4 08835
Franklin Middle School 07 - 08 1,083 9.5 08873
Linwood Middle School 06 - 08 1,342 12.4 08902
Roosevelt School 04 - 05 224 13.6 08835
Sampson G. Smith School 05 - 06 1,084 9.7 08873

High Schools near Somerset, NJ

School Grades Students P/T Ratio ZIP
Franklin High School 08 - 12 2,149 12.8 08873
Manville High School 09 - 12 389 11.8 08835
North Brunswick Township High School 09 - 12 1,805 12.7 08902

Ungraded Schools near Somerset, NJ

School Grades Students P/T Ratio ZIP
Central Jersey College Prep Cs 06 - 12 316 9.7 08873
Middlesex County Youth Center 06 - 12 45 08902

Demographics near Somerset, NJ

Metric City County
Neighborhood Type Suburban
Population 24,827 343,950
Population Density 3,923 1,139
Median Age 40.2 41.8
People per Household 2.5 2.7
Median Household Income 101,627 121,695
Average Income per Capita 48,901 61,805