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81-83 Grove St, Somerville Boro, NJ 08873

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For Sale

$625,000

4 beds • 2 baths • 2,142 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $291.78
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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.
MLS# 3992773

Courtesy Of eXp Realty, LLC

(866) 201-6210

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Appliances
    Dishwasher, Dryer, Oven - Gas, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Lot Size
    0.18 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Dining Room, Kitchen, Living Room

Map and Directions

Directions to 81-83 Grove St, Somerville Boro, NJ 08873

Home seller CENTURY 21 Christel Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Christel Realty

(973) 627-6800
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.