$725,100
- 4 Beds
- 2.5 Baths
- 2,321 sqft (on 0.83 acres)
7 Liberty Ln, Somerset, NJ 08873
Est. Refi. Payment $5,163/mo*
Refinance Your HomeCurrently Off Market - Sold Dec 17, 2021 for $530,000
Home Value
Trulia Estimate
$725KSince last month
Decreased$7K (-1%)Since last year
Increased$11K (+1.6%)Since last sale
Increased$194K (+36.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +92% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $724K |
| August 2026 | $731K |
| July 2026 | $741K |
| June 2026 | $744K |
| May 2026 | $739K |
| April 2026 | $729K |
| March 2026 | $724K |
| February 2026 | $707K |
| January 2026 | $713K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.35 | Single-Family Home | $450,000 | 10/23/25 | 2 | 2 | 1,547 | |
0.60 | Single-Family Home | $550,000 | 08/06/26 | 5 | 3 | 2,192 | |
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 | |
0.09 | Single-Family Home | $670,000 | 07/17/26 | 3 | 2 | - | |
0.18 | Single-Family Home | $640,000 | 09/04/26 | 4 | 2 | - | |
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 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $627,000 | Studio | - | 1,576 | Off Market | |
0.04 | $620,600 | 2 | 3 | 1,100 | Off Market | |
0.04 | $580,500 | Studio | - | 1,398 | Off Market | |
0.05 | $617,600 | Studio | - | 1,818 | Off Market | |
0.05 | $668,500 | 4 | 2.5 | 2,356 | Off Market | |
0.05 | $598,700 | 3 | 2 | 2,100 | Off Market | |
0.05 | $800,000 | 4 | 3 | - | Recently Sold | |
0.05 | $611,800 | Studio | - | 1,692 | Off Market | |
0.06 | $607,000 | 3 | 2 | 1,384 | Off Market | |
0.06 | $723,500 | Studio | - | 2,266 | Off Market | |
0.07 | $733,100 | 4 | 2 | 2,736 | Off Market | |
0.08 | $822,600 | Studio | - | 3,279 | Off Market | |
0.08 | $739,000 | Studio | - | 2,880 | Off Market | |
0.09 | $757,200 | 4 | 3 | - | Off Market | |
0.09 | $670,000 | 3 | 2 | - | Recently Sold | |
0.09 | $594,400 | 3 | 2 | 1,624 | Off Market | |
0.09 | $633,400 | Studio | - | 1,929 | Off Market | |
0.09 | $646,600 | Studio | - | 1,878 | Off Market | |
0.09 | $641,600 | 4 | 2 | 2,082 | Off Market | |
0.10 | $652,800 | 4 | 2 | 1,599 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1976
0.83 acre lot
2,321 sqft
$312/sqft
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $725,100, with a rent estimate of $4,444/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 and Tax history
| Date | Event | Price |
|---|---|---|
Dec 17, 2021 Source: GSMLS #3743817 | Sold | $530,000 |
Oct 1, 2021 Source: GSMLS #3743817 | Listed For Sale | $499,999 |
Apr 9, 2020 Source: GSMLS #3607458 | Sold | $350,000 |
Jan 21, 2020 Source: Agent Provided | Pending | $359,900 |
Jan 3, 2020 Source: Agent Provided | Listed For Sale | $359,900 |
Jun 5, 2012 Source: Agent Provided | ListingRemoved | $1,450 |
May 24, 2012 Source: Agent Provided | Listed For Rent | $1,450 |
Oct 3, 2005 Source: N/A | Sold | $300,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $10,983 | $628,300 |
Home facts updated by county records
Market trends in Somerset
Last updated August 2026
Avg. sale price
$522K
$1.7KMoM
Sale-to-List Price
101.3%
0.7%MoM
Price per sq ft
$334
$5MoM
Available listings
135
4MoM
Around this home
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
LGBTQ Local Legal Protections
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 $725,100.
- 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 $522K. That is down $1.7K 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.