Vacant and Bank owned properties Somerset, NJ

Code violations, distress properties in Somerset, NJ

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Graphic Bar of total deals, pre-foreclosure, probate, tax delinquent in Somerset, NJ

Pre-Foreclosed

26

Lis pendens has been filed (before auction).

Somerset is ranked #14 in New Jersey

For Sale With Equity

31

Properties For Sale with at least 30% equity.

Somerset is ranked #21 in New Jersey

Probate

29

The owner is deceased and the will is in process.

Somerset is ranked #38 in New Jersey

Tax Delinquent

3,393

Tax have been delinquent for more than a year.

Somerset is ranked #1 in New Jersey

Tired Landlords

0

Multi-unit owners who have more than four years in title.

Somerset is ranked #3 in New Jersey

Short Sales

3

Upside-down property, where the debt is greater than the market value.

Somerset is ranked #15 in New Jersey

Bank Owned

143

Property is no longer redeemable, the bank owns it.

Somerset is ranked #20 in New Jersey

Auctions

13

Pre-foreclosed property that's going to auction in the next few months.

Somerset is ranked #21 in New Jersey

Repairs For Sale

66

Properties for sale that need repairs.

Somerset is ranked #15 in New Jersey

Vacant Property

0

Vacant and abandoned properties.

Somerset is ranked #1 in New Jersey

Sold property

5,041

Properties sold last 12 months.

Somerset is ranked #11 in New Jersey

For sale

491

Properties for sale.

Somerset is ranked #13 in New Jersey

United States, New Jersey, Somerset
Total Deals 3,704

Single family properties has increase in value 4% since last year, from $493,063 to $511,915. The average time that a Single Family property takes to sale is about 86.71 days. The time that will take to sell the inventory is 1.92 months.


Condominium properties has increase in value 4% since last year, from $286,778 to $300,000. The average time that a Condominium property takes to sale is about 94.19 days. The time that will take to sell the inventory is 1.12 months.