7 Liberty Ln
Somerset, NJ 08873
- 4 Beds
- 2.5 Baths
- 2,321 sqft (on 0.83 acres)
4 Beds
2.5 Baths
2,321 sqft
(on 0.83 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1976
Lot Size
0.83 acres
Living Area
2,321 sqft
Price/Sqft
$318
About this House
The location of this beautiful colonial is not to be missed tucked away in the desirable Cedar Brook neighborhood offering just shy of an acre, tasteful marble tile selections, quartz counters, stainless steel appliances, hardwood floors, generously sized rooms throughout & endless possibilities in your backyard! This one will not last very long !
7 Liberty Ln, Somerset, NJ 08873 is a 4 bedroom, 3 bathroom, 2,321 sqft single-family home built in 1976. It last sold for $530,000 on Dec 17, 2021. More recently, it was listed as a rental in May 2012 with an asking price of $1,450 per month. That rental listing was removed on June 5, 2012. It is currently off market. The Trulia Estimate is $737,100, with a rent estimate of $4,226/month.
Home Details for 7 Liberty Ln
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Levels, Entrance, & Accessibility Stories: 2 |
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Year Built Year Built: 1976 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Exterior: Wood |
Parking & Garage Parking Spaces: 2 |
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Units in Building: 1 |
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Lot Area: 0.83 acres |
Price History for 7 Liberty Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 12/17/2021 | $530,000 | Sold | GSMLS #3743817 |
| 10/01/2021 | $499,999 | Listed For Sale | GSMLS #3743817 |
| 04/09/2020 | $350,000 | Sold | GSMLS #3607458 |
| 01/21/2020 | $359,900 | Pending | Agent Provided |
| 01/03/2020 | $359,900 | Listed For Sale | Agent Provided |
| 06/05/2012 | $1,450 | ListingRemoved | Agent Provided |
| 05/24/2012 | $1,450 | Listed For Rent | Agent Provided |
| 10/03/2005 | $300,000 | Sold | N/A |
Market trends in Somerset
Last updated June 2026
Avg. sale price
$530K
$28.5KMoM
Sale-to-List Price
101.3%
0.6%MoM
Price per sq ft
$331
$12MoM
Available listings
124
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $10,983 |
| Assessment | $628,300 |
Home facts updated by county records
Comparable Sales for 7 Liberty Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $606,200 | 12/16/25 | 3 | 2 | 1,961 | |
0.35 | Single-Family Home | $450,000 | 10/23/25 | 2 | 2 | 1,547 | |
0.05 | Single-Family Home | $800,000 | 07/02/26 | 4 | 3 | - | |
0.69 | Single-Family Home | $650,000 | 03/11/26 | 4 | 2.5 | 1,760 | |
0.87 | Single-Family Home | $760,000 | 01/28/26 | 5 | 3 | 2,500 | |
0.30 | Single-Family Home | $690,000 | 02/06/26 | 4 | 3 | - | |
0.48 | Single-Family Home | $750,000 | 01/21/26 | 4 | 3 | - | |
0.92 | Single-Family Home | $539,000 | 09/30/25 | 3 | 3 | 1,876 | |
1.05 | Single-Family Home | $780,000 | 10/10/25 | 4 | 3 | 1,960 | |
0.44 | Single-Family Home | $999,900 | 10/03/25 | 4 | 3 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 7 Liberty Ln.
What Locals Say about Somerset
At least 451 Trulia users voted on each feature.
83 % Say it's dog friendly
81 % Say car is needed
80 % Say parking is easy
72 % Say there's holiday spirit
72 % Say it's quiet
71 % Say yards are well-kept
69 % Say there are sidewalks
64 % Say people would walk alone at night
62 % Say streets are well-lit
62 % Say kids play outside
62 % Say there's wildlife
60 % Say they plan to stay for at least 5 years
52 % Say neighbors are friendly
47 % Say it's walkable to restaurants
46 % Say it's walkable to grocery stores
30 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 7 Liberty Ln
Off Market Homes Near 7 Liberty Ln
Frequently asked questions about 7 Liberty Ln
- What is 7 Liberty Ln estimated to be worth?Trulia's estimated value for 7 Liberty Ln in Somerset, NJ is $737,100.
- What is the price history for 7 Liberty Ln?7 Liberty Ln in Somerset, NJ last sold for $530,000 in December 2021.
- Is Somerset a buyer's or seller's market?Somerset is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Somerset?The median sale price in Somerset is $530K. That is down $28.5K from the prior month.
- How big is the lot at 7 Liberty Ln?The lot at 7 Liberty Ln in Somerset, NJ is about 0.83 acres (36,155 sq ft).
- Does 7 Liberty Ln have parking?Yes, 7 Liberty Ln in Somerset, NJ has on-site parking.