Farms in Somerset | Reonomy

Farms in Somerset

Unlock property data on 153 farms in Somerset. Search through Somerset property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Somerset commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in farms.

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Somerset farm sold prices and values

Values and sold prices (last 24 months) United States New Jersey Somerset
Average price/sqft -- -- --
Average sold price $635,367 $749,880 $1,754,259
Median sold price $94,533 $334,155 $780,000
Number of sales 378,474 3,040 15
Number of sales over $250k 122,199 1,749 10
Number of sales over $1m 31,239 357 3
Number of sales over $10m 4,194 20 --
Average total tax amount $2,200 $4,664 $4,055
Average assessed value $136,425 $184,668 $188,385
Average market value $222,130 $196,133 $190,876

Somerset farm property averages

Property averages United States New Jersey Somerset
Average lot size 2,846,183 sf 773,634 sf 558,400 sf
Median lot size 1,398,419 sf 247,622 sf 213,444 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1977 1960 1931
Average number of units 20 1 1
Median number of units -- -- --

Somerset farm total supply

Supply United States New Jersey Somerset
Number of parcels 7,607,270 58,677 163
Aggregate lot acerage 261,660,184 634,448 1,397
Aggregate building area -- -- --
Aggregate units 3,997,521 12,436 79

Somerset farm industrial mortgages

Debt United States New Jersey Somerset
Number of mortgages 2,989,651 55,198 125
Average value of mortgages $3,141,868 $1,287,677 $2,020,359

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