County:
There are many innovative real estate investing opportunities in the various cities in Somerset County, New Jersey. From single-family homes to multi-family dwellings and even commercial properties, there is something for every investor in this county.
One of the most popular areas for real estate investing in Somerset County is Newark. The city has a population of over 280,000 people and is the largest city in New Jersey. Newark is also home to a number of major corporations, including Prudential Financial, Panasonic Corporation of North America, and PSE&G.
The median home value in Newark is $144,000, which is a great deal for investors looking to purchase property in the city. There are also a number of foreclosed homes available for purchase at discounted prices. In addition to single-family homes, there are also many multifamily dwellings available for purchase in Newark. These properties can be an excellent investment opportunity for those looking to generate rental income.
Another city located in Somerset County that offers innovative real estate investing opportunities is Elizabeth. This city has a population of over 124,000 people and is located just minutes from Newark Liberty International Airport. Elizabeth is also home to a number of large corporations, including Bed Bath & Beyond and Goya Foods.
The median home value in Elizabeth is $159,000, which makes it an affordable option for investors looking to purchase property in the city. There are also many foreclosed homes available for purchase at discounted prices. In addition to single-family homes, there are also many multifamily dwellings available for purchase in Elizabeth. These properties can be an excellent investment opportunity for those looking to generate rental income
Price Index: Newark, NJ-PA (MSAD)
Name | State | Population |
---|---|---|
Somerset | New Jersey | 54,148 |
Hillsborough | New Jersey | 39,604 |
Bridgewater | New Jersey | 38,136 |
Basking Ridge | New Jersey | 27,037 |
Somerville | New Jersey | 22,257 |
Warren | New Jersey | 15,689 |
Bound Brook | New Jersey | 12,253 |
Belle Mead | New Jersey | 11,275 |
Manville | New Jersey | 10,230 |
Franklin Park | New Jersey | 9,117 |
Zipcode | Population | Density | Timezone | Latitude | Longitude | City | County | State |
---|---|---|---|---|---|---|---|---|
08873 | 54,148 | 647.3 | America/New_York | 40.49836 | -74.53286 | Somerset | Somerset County | New Jersey |
08844 | 39,604 | 277.8 | America/New_York | 40.49847 | -74.67290 | Hillsborough | Somerset County | New Jersey |
08807 | 38,136 | 576 | America/New_York | 40.59277 | -74.62025 | Bridgewater | Somerset County | New Jersey |
07920 | 27,037 | 444.8 | America/New_York | 40.67840 | -74.56296 | Basking Ridge | Somerset County | New Jersey |
08876 | 22,257 | 565.5 | America/New_York | 40.58799 | -74.68739 | Somerville | Somerset County | New Jersey |
07059 | 15,689 | 309.3 | America/New_York | 40.63237 | -74.51459 | Warren | Somerset County | New Jersey |
08805 | 12,253 | 1,668.6 | America/New_York | 40.57164 | -74.53689 | Bound Brook | Somerset County | New Jersey |
08502 | 11,275 | 341.2 | America/New_York | 40.44827 | -74.65564 | Belle Mead | Somerset County | New Jersey |
08835 | 10,230 | 1,670.9 | America/New_York | 40.54200 | -74.58923 | Manville | Somerset County | New Jersey |
08823 | 9,117 | 1,006.4 | America/New_York | 40.44153 | -74.56506 | Franklin Park | Somerset County | New Jersey |