Zip Code:

08876, Somerville, NJ

08876 is a New Jersey Zip code within the city of Somerville and the county of Somerset County. Its population is roughly 22,257.

The Real Estate Market in the 8876 Zip Code of Somerville, NJ

The home equity and home prices in the zip code of 8876 in Somerville, NJ have been on the rise for quite some time now. In fact, according to Zillow, the median home value in this zip code is currently $269,000. This is a significant increase from just a few years ago when the median home value was only $217,000.

One of the main reasons that home values have increased so much in this zip code is because of all of the new development that has been happening in and around Somerville. There are a lot of new homes being built here and there are also a lot of people moving into this area who are looking for high-quality housing options.

Another reason why home values have increased so much in this zip code is because there are a lot of good jobs available here. The city of Somerville is growing rapidly and there are many businesses located here that are hiring new employees. This means that there is always demand for homes and property taxes tend to be lower than they would be in other areas of the country.

Overall, it seems like the home equity and home prices in the 8876 zip code continue to rise at an impressive rate. If you're looking to buy or sell a house in this area, it's definitely worth your while to check out all of your options carefully before making any decisions.

Price Index: Newark, NJ-PA (MSAD)

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