3 months on rocket

Backup Offers

12 Fairview Ave, Somerville, NJ, 08876

$464,900

Home List Price

$5,521*

Closing Credit

0 Baths
1,712 SqFt
$272/SqFt
Multi

Location

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12 Fairview Ave, Somerville$464,900

Buyer Closing Credits

$5,521*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1900
CoolingNone
MLS #2500661R
Lot Size0.07 Acres
StatusAccepting Backup Offers
(Under Contract)

About 12 Fairview Ave

Huge opportunity to own this income producing property. Newer siding and roof. Apartment 2 recently renovated and ready to rent or live in. Apartment 1 rented for $1195 month. Close to shopping and transportation.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,712 SqFt

Listing Office:

  • Office Name: BEST REALTY

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Flooring Type: Unit 1 Carpet
  • Interior: Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room)

Exterior Features

Exterior Information:

  • Exterior: Sidewalk, Yard

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • Somerville High School, Public District Grades 9-12
  • Somerville Middle School, Public District Grades 6-8
  • Van Derveer Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $464,900
  • Price Per SqFt: $272/SqFt

Tax Information:

  • Annual Amount: $7,255
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Somerville, NJ.

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Somerville, NJ

City

Med. Sold Price

$517.5K

Med. Price/SqFt

$289

# of Sold Homes

10

12 Fairview Ave vs Somerville

112 DAYS ON ROCKET

$464,900

-$52.6K Less

$272/SqFt

-$17 Less

KEY TAKEAWAY

This property is $52.6K less than the Median Sold Price and $17/SqFt less than other homes in Somerville, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CJMLS API
  • MLS Number: #2500661R

Listing Office:

  • Office Name: BEST REALTY

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 1:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 13, 2018Home Sold
$504,996
Oct 17, 2007Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,255$199,600
2019$7,177$199,600
2018$7,178$199,600
2017$7,030$199,600

History based on county public records data.

Payment Calculator

$2,388

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,460

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1963967
4
/10

  • Van Derveer Elementary School

  • Union Ave

  • 0.56 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1963968
5
/10

  • Somerville Middle School

  • 51 W Cliff St

  • 0.77 miles

  • Public District Grades 6-8

High School

school-card-donut-1963969
5
/10

  • Somerville High School

  • 222 Davenport St

  • 1.06 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,709. The most common annual income of people living in Somerville, NJ is between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Somerset County›Somerville›08876›12 Fairview Ave

This home is located at 12 Fairview Ave in Somerville, NJ and zip code 08876. This 1,712 square foot home, which was built in 1900, sits on a 0.07 acre lot. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $464,900.

While more than 6 listings in Somerville, NJ in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below.

From Rocket Homes Real Estate and based on county public records data.

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