Somerset Real Estate Market Overview

Could Somerset, NJ be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Somerset. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Somerset such as North... Brunswick and Piscataway. When you’re ready, Trulia has 231 resale and new homes in Somerset lined up for you, including 15 open houses, and 161 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$336,000

Median Sales Price

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$181

Price Per Sqft

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$2,100

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Somerset show a 15% year-over-year rise in median sales price and a 2% rise in median rent per month.

Median Sales Price
The median sales price for homes in Somerset for Jan 20 to Apr 19 was $336,000 based on 58 home sales.
Price Per Square Ft.
Average price per square foot for Somerset was $181, an increase of 7% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Somerset for Mar 20 to Apr 20 was $2,100.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around Somerset can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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10

Counts of Theft

3

Counts of Vandalism

1

Count of Burglary


Best Schools in Somerset

There are 8 schools in Somerset.

Elementary Schools
5

Macafee Elementary School

Public, PK - 4

4

Conerly Road Elementary School

Public, PK - 4

4

Sampson G. Smith School

Public, 5 - 6

Middle Schools
4

Franklin Middle School

Public, 7 - 8

4

Sampson G. Smith School

Public, 5 - 6

High Schools
4

Franklin High School

Public, 9 - 12


Demographics

Get to know your neighbors in Somerset by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
28%
Single residents
Home owners
76%
Home owners
Median age
40
Median age
Household income
$82,417
Median household income
College educated
51%
College educated

Commute

Most people in Somerset commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
93% commute by car
0% commute by bike
5% commute by public transportation
0% commute by foot

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