Somerset Condos For Sale

Map of Somerset Condos For Sale

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Somerset County, NJ Housing Market Trends

The Somerset housing market is highly competitive, with homes typically receiving around nine offers and selling in about 17 days. Last month, the median sale price was $525K, reflecting a 4.5% decrease from the previous year, while the median price per square foot rose 1.2% to $340.

$525,000

Median Sale Price

$340

Median Sale Price per Sq. Ft.

22

Total Homes Sold

17

Median Days on Market

Why Get Condos for Sale in Somerset County

Buying a condo in Somerset County, NJ, is a smart investment for those looking for a balance of convenience, lifestyle, and financial benefits. Whether you’re a first-time buyer, a downsizer, or someone looking for a low-maintenance property, condos in this sought-after area offer many advantages. Here are three key reasons why purchasing a condo in Somerset County could be the right move for you.

What to Consider When Getting Condos in Somerset County

Navigating Somerset County’s real estate market takes local insight, strategic timing, and a personalized approach. Whether you're still exploring or ready to make an offer, Freeman Smith is here to help every step of the way—from answering questions to setting up private tours. Reach out today to start your journey toward the perfect home in Somerset County.

Condo developments in Somerville, Bound Brook, Bridgewater, and Basking Ridge are directly influenced by NJ TRANSIT stations on the Raritan Valley Line and Gladstone Branch. For condo buyers commuting to Newark or New York, units within walking distance to these stations or near county-operated Park-and-Ride lots command stronger rental demand and resale value. Always confirm actual commute times and station parking availability, as these vary widely by stop.

While Boston has BERDO, New Jersey has begun rolling out statewide building performance requirements through the Clean Energy Act and benchmarking programs. Larger condo associations in Somerset County may soon face audits or retrofit mandates for energy efficiency. Before purchasing, request recent association minutes to see if capital reserves are earmarked for HVAC, insulation, or solar upgrades—costs that directly impact condo fees.

Several condo complexes in Bound Brook, Manville, and South Bound Brook sit near the Raritan and Green Brook basins. Even though major levee and floodwall projects are complete, FEMA maps may still place some condo parcels in or near AE flood zones, triggering higher master-policy premiums that feed into HOA dues. Buyers should review the master policy coverage and FEMA status before closing.

Somerset County is a high-radon region. In condo complexes with garden-style or below-grade units, radon mitigation is critical. Some associations handle mitigation centrally; others leave it to individual owners. Verify whether the HOA has a radon policy and test results for lower units before purchase, since this is a county-wide but condo-specific risk.

Somerset County condos range from modest garden communities to luxury complexes with pools, tennis courts, and clubhouses. While these boost quality of life, they also raise monthly fees and long-term reserve requirements. In a county with already varied property tax burdens, balance the monthly condo assessment against local tax rates to understand your true cost of ownership.

Unlike single-family homes, many Somerset County condo associations restrict leasing to preserve owner-occupancy ratios. Some cap rentals at 20–25% of total units, while others prohibit short-term rentals outright. If your long-term plan includes renting, confirm leasing rules, waitlist status, and enforcement, as these differ from town to town and can strongly affect investment potential.

Looking for the Perfect Condo in Somerset County, NJ?

Whether you're a first-time buyer, downsizing, or looking for a smart investment, finding the right condo in Somerset County, NJ, can be a game-changer. Jeff is here to guide you through the process, answer any questions, and help you explore the best options that fit your needs and lifestyle. Don't miss out on the opportunity to secure your ideal home—reach out today to schedule a private showing or get expert advice on the local market!

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Somerset County, NJ Guide

Discover everything Somerset County, NJ, has to offer with our comprehensive neighborhood guide. From top-rated schools to vibrant communities and local hotspots, our guide has all the insights you need to find your perfect place to call home. Start exploring now and uncover the charm of Somerset County!

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WORK WITH FREEMAN (JEFF)

Freeman's goal is to simplify a very complicated process and arrive at the very best for you, the client. With over 40 years of sales and negotiating experience, your needs will be placed before everything else.