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Photo of 0-81-83 Grove Street, Somerville NJ
0-81-83 Grove Street
Somerville, NJ 08876
Bedrooms
4
Full Baths
2
Acres
0.1832
Age
125
Heating
Radiators-Hot Water
Gas
Natural Gas
Cooling
Window Unit
Water
Public
Sewer
Public
Basement
Full
Taxes (2024)
$10,029
Parking
On Street
Additional Details Below

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 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.

Location

Listing Details

Summary
Design Type

Multi Family

Parking

1-2 Car Parking, On Street

Interior Features
Basement

Full, Laundry Facilities, Storage Space

Interior Features

Unit 1 (1 Bath,2 Bedrooms,Dining Room,Kitchen,Living Room), Unit 2 (1 Bath,2 Bedrooms,Dining Room,Kitchen,Living Room)

Appliances

Water Heater(Gas), Water Heater

Exterior Features
Roofing

Asphalt

Lot Features

Level, Near Public Transit, Near Shopping, Near Train

Exterior Features

Porch(es) - Enclosed, Blinds, Porch, Private Entrance, Enclosed, Porch

Utilities
Cooling

A/C Window Unit(s)

Heating

Radiators-Hot Water

Sewer

Public Sewer

Water

Public

Additional Utilities

Electricity Connected, Natural Gas Connected

Miscellaneous

Assessment : 0
Zoning: Po-r
Lattitude : 40.570571
Longitude : -74.609296
MLS# : 2660693M
Views : 5
Listing Courtesy: EXP REALTY, LLC

Notes

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