81-83 Grove St, Somerville, NJ 08873
Local realty services provided by:ERA Boniakowski Real Estate
81-83 Grove St,Somerville Boro, NJ 08873
$625,000
- 4 Beds
- 2 Baths
- 2,142 sq. ft.
- Multi-family
- Active
Listed by:piotr sudal
Office:exp realty, llc.
MLS#:3992773
Source:NJ_GSMLS
Price summary
- Price:$625,000
- Price per sq. ft.:$291.78
About this home
High-Demand 8% Cap Rate Investment Opportunity Just One Block from Downtown Somerville!Perfectly positioned near Somerville's vibrant downtown and NJ Transit to NYC, this 2-family duplex is a prime opportunity for any investor or owner-occupant seeking immediate income in a high-growth market. Each unit features 2 bedrooms and 1 full bath, with separate entrances, private storage, and laundry access in the basement. Off-street parking via a private driveway, plus ample street parking, makes it tenant-friendly and low-maintenance.Walkable to shops, restaurants, bars, cafes, and the train station and just minutes from major routes this location ensures continued rental demand and long-term value.Rarely does a property in this condition, location, and price point hit the market secure a solid-performing asset in one of Somerset County's most sought-after rental corridors.
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Home facts
- Year built:1900
- Listing ID #:3992773
- Added:14 day(s) ago
- Updated:October 30, 2025 at 06:03 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,142 sq. ft.
Heating and cooling
- Cooling:Wall A/C Unit(s)
- Heating:Radiators - Hot Water
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1900
- Building area:2,142 sq. ft.
- Lot area:0.18 Acres
Schools
- High school:SOMERVILLE
- Middle school:SOMERVILLE
- Elementary school:SOMERVILLE
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$625,000
- Price per sq. ft.:$291.78
- Tax amount:$10,028 (2024)
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