The median home value in Somerset, NJ is $540,000. 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 $540,000. 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.
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.