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Randi Bennett & Tracy Warsaw

[email protected] +1(973) 404-0563

$ 625,000

Est. payment -/mo

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81-83 Grove St Somerville Boro, NJ 08873

4 Beds

2 Baths

2,142 SqFt

Open House

Sun Oct 19, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,142 sqft

Price per Sqft $291

MLS Listing ID 3992773

Style Duplex-Side by Side

Bedrooms 4

Full Baths 2

Year Built 1900

Annual Tax Amount $10,028

Tax Year 2024

Lot Size 7,840 Sqft

Property Description

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.

Location

State NJ

County Somerset

Rooms

Basement Unfinished

Interior

Interior Features Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style Duplex-Side by Side

Schools

Elementary Schools Somerville

Middle Schools Somerville

High Schools Somerville

Others

Senior Community No

Listed by EXP REALTY, LLC

Randi Bennett & Tracy Warsaw

Sales Agents

+1(973) 404-0563

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Montville, NJ

Randi Bennett & Tracy Warsaw

81-83 Grove St Somerville Boro, NJ 08873

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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81-83 Grove St