Property Development Opportunity. This listing presents an exceptional opportunity for property development. The site consists of either two or three lots, including the current residence, offering flexibility and significant potential for future projects .Current Residence: The existing home is both beautiful and full of charm, making it an ideal foundation for renovation or expansion. Its character and appeal enhance the overall value of the property and provide numerous possibilities for customization or redevelopment. Development Potential The combination of multiple lots and a charming home creates a unique chance to build, expand, or invest. Whether maintaining the current residence or pursuing new construction, this property is well-suited for those seeking a project with considerable promise.
EXTERIOR FEATURESCurbs, Enclosed Porch(es), Open Porch(es), Sidewalk, Storm Door(s)
Lot FeaturesCorner, Level Lot, Possible Subdivision
Garage spaces2
CITYSomerville Boro
COUNTYSomerset
STATENJ
TAX AMOUNT20476.0
LATEST UPDATE2026-04-06T15:46:12.632Z
PRICE CHANGE(S)
$1,005,000 Apr 3, 2026
Market Trends
New Properties On Market
26
Average Asking Price
$403,913
$59,324 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$189
$37 Decrease In List Price/Sq. Ft.
Average Days On Market
2
5 Day
Decrease In Days On Market
Data as of Jun 03, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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