About 81-83 Grove St
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.
Features of 81-83 Grove St
| MLS® # | 3992773 |
|---|---|
| Price | $625,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,142 |
| Acres | 0.18 |
| Year Built | 1900 |
| Type | Multi Family |
| Style | Duplex |
| Status | Active |
Community Information
| Address | 81-83 Grove St |
|---|---|
| City | Somerville Boro |
| County | Somerset |
| State | NJ |
| Zip Code | 08873-1971 |
Amenities
| Utilities | Electric, Gas-Natural |
|---|---|
| Parking Spaces | 2 |
| Parking | 1 Car Width, Blacktop, Driveway-Exclusive, On-Street Parking |
Interior
| Interior Features | Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector |
|---|---|
| Heating | Gas-Natural |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Exterior Features | Enclosed Porch(es), Partially Fenced |
| Roof | Asphalt Shingle |
School Information
| Elementary | SOMERVILLE |
|---|---|
| Middle | SOMERVILLE |
| High | SOMERVILLE |
Additional Information
| Date Listed | October 15th, 2025 |
|---|---|
| Days on Market | 19 |
Listing Details
| Office | EXP REALTY, LLC |
|---|---|
| Contact Info | 609-306-0573 |