-0-81-83 Grove Street, Somerville, NJ 08876

Local realty services provided by:ERA Central Realty Group
-0-81-83 Grove Street,Somerville, NJ 08876
$625,000
Virtual Tour
  • 4 Beds
  • 2 Baths
  • 2,142 sq. ft.
  • Multi-family
  • Active
Listed by:
Office:exp realty, llc.
MLS#:2660693M
Source:NJ_MCMLS

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 stationand just minutes from major routesthis location ensures continued rental demand and long-term value. Rarely does a property in this condition, location, and price point hit the marketsecure 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 #:2660693M
  • Added:15 day(s) ago
  • Updated:October 31, 2025 at 03:37 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,142 sq. ft.

Heating and cooling

  • Cooling:A/C Window Unit(s)
  • Heating:Radiators-Hot Water

Structure and exterior

  • Roof:Asphalt
  • Year built:1900
  • Building area:2,142 sq. ft.
  • Lot area:0.18 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$625,000
  • Price per sq. ft.:$291.78
  • Tax amount:$10,029
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