81-83 Grove St, Somerville, NJ 08873

Local realty services provided by:ERA Central Realty Group
81-83 Grove St,Somerville Boro, NJ 08873
$625,000
  • 4 Beds
  • 2 Baths
  • 2,142 sq. ft.
  • Multi-family
  • Pending
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:62 day(s) ago
  • Updated:December 17, 2025 at 12:16 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)
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated December 17, 2025

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