House Prices

Downtown Somerville Somerville, NJ House Prices & Home Values 2026


Average Data

average house price$500,310
average size per house2141 ft²
average price per ft²235 $ / ft²

06/25/2026 - The value range (VR) for house prices in Downtown Somerville Somerville, NJ is $223.25/ sqft to $246.75/ sqft. An average home with 2141 sqft costs approximately $479,891 to $530,405. Somerville, NJ includes 1 ZIP codes and it is located in Somerset county. The lowest prices are found in ZIP 08876, while the highest are in ZIP 08876. The average price per sqare feet is $235. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Downtown Somerville Somerville

08876236 $ / ft²




Historical development of home values in Downtown Somerville Somerville

Year Estimated value (USD) Change vs. 2025
2010 $232,353 -53.6%
2011 $223,368 -55.4%
2012 $222,766 -55.5%
2013 $231,093 -53.8%
2014 $242,584 -51.5%
2015 $255,034 -49.0%
2016 $268,344 -46.4%
2017 $282,827 -43.5%
2018 $298,463 -40.3%
2019 $312,303 -37.6%
2020 $328,447 -34.4%
2021 $373,573 -25.3%
2022 $435,503 -13.0%
2023 $459,258 -8.2%
2024 $485,826 -2.9%
2025 $500,310 0.0%

Graph: estimated home values in Downtown Somerville Somerville over time (USD)



Example: 100% financing house in Downtown Somerville Somerville

Loan amount: $500,310

Interest rate: 6.02%

Fixed monthly payment: $3,007.34

Breakdown in the 1st month:
Interest portion: $2,511.56  –  Principal portion: $495.78

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $29,971.63 $6,116.39 $494,193.61
2 $29,592.84 $6,495.19 $487,698.42
3 $29,190.58 $6,897.44 $480,800.98
4 $28,763.41 $7,324.61 $473,476.36
5 $28,309.79 $7,778.24 $465,698.13
6 $27,828.07 $8,259.95 $457,438.17
7 $27,316.52 $8,771.50 $448,666.67
8 $26,773.29 $9,314.73 $439,351.94
9 $26,196.42 $9,891.61 $429,460.33
10 $25,583.82 $10,504.21 $418,956.12
11 $24,933.28 $11,154.75 $407,801.37
12 $24,242.45 $11,845.58 $395,955.79
13 $23,508.83 $12,579.19 $383,376.60
14 $22,729.79 $13,358.24 $370,018.36
15 $21,902.49 $14,185.53 $355,832.83
16 $21,023.96 $15,064.06 $340,768.77
17 $20,091.03 $15,997.00 $324,771.77
18 $19,100.31 $16,987.72 $307,784.05
19 $18,048.24 $18,039.79 $289,744.26
20 $16,931.01 $19,157.02 $270,587.25
21 $15,744.59 $20,343.44 $250,243.81
22 $14,484.69 $21,603.33 $228,640.47
23 $13,146.77 $22,941.26 $205,699.21
24 $11,725.98 $24,362.04 $181,337.17
25 $10,217.21 $25,870.82 $155,466.35
26 $8,614.99 $27,473.03 $127,993.32
27 $6,913.55 $29,174.48 $98,818.84
28 $5,106.73 $30,981.29 $67,837.55
29 $3,188.02 $32,900.01 $34,937.55
30 $1,150.48 $34,937.55 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Downtown Somerville Somerville, NJ


1500 sqft3900 sqft
Ø selling price$428,232$910,965
Ø fast selling$389,302$819,868
Ø high price sale$467,162$1,002,061

In 2026, houses in Downtown Somerville Somerville, NJ will be offered at an average price of $235 per square foot. A 1,500 sqft home priced at $428,232 is 23.09% more expensive per square foot than a 3,900 sqft home priced at $910,965. Home prices in Downtown Somerville Somerville, NJ vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $630,668. Sellers who can wait longer may achieve a higher price of up to $770,816.

FAQ – Home Values in Downtown Somerville Somerville

What is the median home value in Downtown Somerville Somerville in 2026?

In 2026, the typical home value in Downtown Somerville Somerville is about $500,310 for an average home size of 2141 square feet. This corresponds to an average price of roughly $235 per square foot.

What is the average cost per square foot in Downtown Somerville Somerville?

In 2026, homes in Downtown Somerville Somerville sell for an average of around $235 per square foot, with a typical range between $223.25 and $246.75 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Downtown Somerville?

The average home size in Downtown Somerville Somerville is about 2141 square feet, with an estimated 2026 value around $500,310.



Neighborhoods close to Downtown Somerville Somerville, NJ

Mechanicsville South Amboy, NJ267 $ / ft²
Greenwich Chase Stewartsville, NJ157 $ / ft²
Lake Cushetunk Woods Whitehouse Station, NJ179 $ / ft²
Middlebush Somerset, NJ248 $ / ft²
Sayreville Junction Sayreville, NJ201 $ / ft²
Pittstown Pittstown, NJ188 $ / ft²
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