Somerville Boro, NJ 08873,81-83 Grove St
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Somerville Boro, NJ 08873,81-83 Grove St
Somerville Boro, NJ 08873,81-83 Grove St
Somerville Boro, NJ 08873,81-83 Grove St
Somerville Boro, NJ 08873,81-83 Grove St
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$ 625,000
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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


Garden State MLS(GSMLS)
Listed by EXP REALTY, LLC
Lena Pesso

Lena Pesso

Broker Associate | License ID: 0901285

+1(973) 368-3801

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81-83 Grove St