About 0-81-83 Grove Street
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.
Features of 0-81-83 Grove Street
| MLS® # | 2660693M |
|---|---|
| Price | $625,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,142 |
| Acres | 0.18 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 2 Family |
| Status | Under Contract |
Community Information
| Address | 0-81-83 Grove Street |
|---|---|
| City | Somerville |
| County | Somerset |
| State | NJ |
| Zip Code | 08876 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Parking | 1-2 Car Parking, On Street, See Remarks |
| Is Waterfront | No |
| Has Pool | No |
Interior
| 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 |
| Heating | Radiators-Hot Water |
| Cooling | A/C Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Full, Laundry Facilities, Storage Space |
Exterior
| Exterior Features | Porch(es) - Enclosed, Blinds, Porch, Private Entrance |
|---|---|
| Lot Description | Level, Near Public Transit, Near Shopping, Near Train |
| Roof | Asphalt |
Additional Information
| Days on Market | 30 |
|---|---|
| Zoning | PO-R |
Listing Details
| Office | EXP REALTY, LLC |
|---|