81-83 Grove St Coming Soon Save Request In-Person Tour Request Virtual Tour
Somerville Boro,NJ 08873
OPEN HOUSE
Sun Oct 19, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family, Commercial
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