$625,000
UNDER CONTRACT

81 Grove St Unit 83 Somerville, NJ 08876

Estimated payment $4,130/month

Total Views 54,126
4 Beds
2 Baths
2,142 Sq Ft
$292 Price per Sq Ft

Highlights

  • Property is near public transit
  • Enclosed Patio or Porch
  • Level Lot
  • Somerville High School Rated A-
  • Private Entrance
  • 3-minute walk to William / East Cliff Park

About This Home

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.

Listing Agent

Piotr Sudal

EXP REALTY, LLC Listed on: 10/18/2025

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,029

Year Built

  • Built in 1900

Lot Details

  • 7,980 Sq Ft Lot
  • Lot Dimensions are 57x140
  • Private Entrance
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,142 Sq Ft Home
  • 2-Story Property
  • Blinds

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Storage

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Radiator
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,029

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1832
  • Lot Size: 57X140
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Special Features: 4224
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 2 Owner Pays(See Remarks), Unit 3 Owner Pays(See Remarks)
  • Has Basement: Full, Laundry Facilities, Storage Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Unit 1(1 Bath,2 Bedrooms,Dining Room,Kitchen,Living Room), Unit 2(1 Bath,2 Bedrooms,Dining Room,Kitchen,Living Room)
  • Living Area: 2142
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Lot Features: Level, Near Public Transit, Near Shopping, Near Train
  • Exterior Features: Porch(es) - Enclosed, Blinds, Porch, Private Entrance
  • Patio And Porch Features: Enclosed, Porch
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 1-2 Car Parking, On Street, See Remarks

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 7980
  • Zoning: PO-R

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 10029
  • Tax Year: 2024

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,029 $253,700 $113,100 $140,600
2024 $10,029 $253,700 $113,100 $140,600
2023 $9,798 $253,700 $113,100 $140,600
2022 $9,542 $253,700 $113,100 $140,600
2021 $9,481 $253,700 $113,100 $140,600
2020 $9,285 $253,700 $113,100 $140,600
2019 $9,222 $253,700 $113,100 $140,600
2018 $9,123 $253,700 $113,100 $140,600
2017 $8,935 $253,700 $113,100 $140,600
2016 $8,573 $253,700 $113,100 $140,600
2015 $8,458 $253,700 $113,100 $140,600
2014 $8,324 $253,700 $113,100 $140,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2025 10/18/25 For Sale $625,000 +19.0% $292 / Sq Ft
12/16/2022 12/16/22 Sold $525,000 +5.2% -- View Prior Sale
10/21/2022 10/21/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $499,000 +33.1% --
04/01/2022 04/01/22 Sold $375,000 -2.6% -- View Prior Sale
11/03/2021 11/03/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $385,000 -- --
Source: All Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed $525,000 Chicago Title
Deed $525,000 Chicago Title
Deed $375,000 Schnitzer David A
Deed $155,000 --
Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $393,750 No Value Available
Closed $393,750 New Conventional
Previous Owner $124,000 No Value Available
Previous Owner $147,000 FHA
Source: Public Records

About the Listing Agent

Piotr Sudal

EXP REALTY, LLC

(908) 867-9151

Section Image

While pursuing his law degree, Peter began working for a large, well-known landscaping company in Poland, which ultimately led to the creation of his own construction company.

After focusing on the construction of gas stations, county and main roads, and overseeing finishing work on apartment complexes, Peter’s natural next step was real estate—a field where he could combine his business acumen with his passion for helping people.

Personally invited to join the Robert Dekanski

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Source: All Jersey MLS

MLS Number: 2660693M

All Jersey MLS

APN: 18-00070-0000-00018