Land Parcels in Somerset | Reonomy

Land Parcels in Somerset

Unlock property data on 885 land parcels 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 land parcels.

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Somerset land sold prices and values

Values and sold prices (last 24 months) United States New Jersey Somerset
Average price/sqft -- -- --
Average sold price $473,120 $640,180 $1,201,997
Median sold price $128,899 $280,934 $330,842
Number of sales 3,545,404 25,792 194
Number of sales over $250k 1,236,799 13,695 117
Number of sales over $1m 166,748 2,385 10
Number of sales over $10m 22,425 137 --
Average total tax amount $1,606 $4,580 $6,179
Average assessed value $72,492 $210,113 $383,740
Average market value $101,666 $254,239 $391,111

Somerset land property averages

Property averages United States New Jersey Somerset
Average lot size 675,939 sf 532,691 sf 106,532 sf
Median lot size 22,609 sf 10,439 sf 9,379 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1991 1971 2019
Average number of units 33 4 10
Median number of units -- -- --

Somerset land total supply

Supply United States New Jersey Somerset
Number of parcels 34,624,740 200,182 885
Aggregate lot acerage 379,232,102 3,096,726 1,367
Aggregate building area -- -- --
Aggregate units 27,800,607 39,441 207

Somerset land industrial mortgages

Debt United States New Jersey Somerset
Number of mortgages 18,108,695 141,946 648
Average value of mortgages $3,977,051 $7,949,481 $1,572,392

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