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.
For sale
$625,000
81-83 Grove St, Somerville, NJ 08876
4beds
2,142sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$627,300 Zestimate®
$292/sqft
$-- HOA
What's special
- 11 days |
- 953 |
- 55 |
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