Somerset Real Estate Market Conditions

Median sales price
$450,000

7.39% change since last quarter
# Active listings
132
30-day change

Somerset Schools and Demographics

Schools
Demographics

Education near Somerset, NJ

	City	County
High School Graduates	95.21	94.34
College Degree - 2 year	7.43	6.14
College Degree - 4 year	48.44	53.12
Graduate Degree	15.97	17.07
Expenditures per Student	20,300	18,820
Students per Teacher	11.6	11.3

Elementary Schools near Somerset, NJ

	Grades	Students	P/T Ratio	ZIP
Arthur M. Judd	PK - 05	783	12.6	08902
Conerly Road School	PK - 04	424	12.9	08873
Elizabeth Avenue School	PK - 04	659	13.9	08873
Franklin Park School	PK - 04	901	11.3	08823
Hillcrest School	PK - 04	394	10	08873
John Adams	PK - 05	738	15.4	08902
Livingston Park	KG - 05	702	13.3	08902
Macafee Road School	PK - 04	433	11.8	08873
Parsons	PK - 05	794	13.5	08902
Pine Grove Manor School	PK - 04	392	9.9	08873
Robert Morris School	PK - 08	465	12.3	08880
Thomas Edison Energysmart Charter School	KG - 06	296	16	08873
Weston Elementary School	PK - 03	503	16	08835

	Grades	Students	P/T Ratio	ZIP
Alexander Batcho Intermediate School	06 - 08	303	11.4	08835
Franklin Middle School	07 - 08	1,083	9.5	08873
Linwood Middle School	06 - 08	1,342	12.4	08902
Roosevelt School	04 - 05	224	13.6	08835
Sampson G. Smith School	05 - 06	1,084	9.7	08873

	Grades	Students	P/T Ratio	ZIP
Franklin High School	08 - 12	2,149	12.8	08873
Manville High School	09 - 12	389	11.8	08835
North Brunswick Township High School	09 - 12	1,805	12.7	08902

	Grades	Students	P/T Ratio	ZIP
Central Jersey College Prep Cs	06 - 12	316	9.7	08873
Middlesex County Youth Center	06 - 12	45		08902

	City	County
Neighborhood Type	Suburban
Population	24,779	333,316
Population Density	3,915	1,104
Median Age	39.4	41.3
People per Household	2.8	2.8
Median Household Income	94,680	106,046
Average Income per Capita	40,116	51,923

View Homes for Sale in Somerset

Somerset Real Estate

The median home value in Somerset, NJ is $450,000. This is higher than the county median home value of $405,400. The national median home value is $219,700. The average price of homes sold in Somerset, NJ is $450,000. Approximately 70.68% of Somerset homes are owned, compared to 21.9% rented, while 7.43% are vacant. Somerset real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Somerset real estate agent to arrange a tour today!

Somerset, New Jersey has a population of 24,779. Somerset is less family-centric than the surrounding county with 33.44% of the households containing married families with children. The county average for households married with children is 39.32%.

The median household income in Somerset, New Jersey is $94,680. The median household income for the surrounding county is $106,046 compared to the national median of $57,652. The median age of people living in Somerset is 39.4 years.

Somerset Weather

The average high temperature in July is 85.5 degrees, with an average low temperature in January of 19.9 degrees. The average rainfall is approximately 48.9 inches per year, with 22.8 inches of snow per year.