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Somerville 08876
97 Reimer St
Photo of 97 Reimer St
Sold on Oct 28, 2026

1

Map

$989,000
● House - Off Market

97 Reimer St

Somerville Boro, NJ 08876
bedrooms
6 Beds
bathrooms
0 Bath
$4,366
Est. Monthly
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 11 days ago (GSMLS #4049562)

Price History

Date / Event Date Event Price
Oct 28, 2026 Sold
Premium
Sold
Sep 25, 2026 In contract -
In contract

Property Highlights

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,228
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 680
  • Total Building Area: 3,259
  • Building Area: 3,259
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,259
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VANDERVEER TRACT SECTION TWO
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Somerville Borough School District
  • Census Tract: 050300

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 3
  • District: 18
  • Parcel: 18 00034-0000-00011
  • Block: 34
  • Lot: 11
  • Municipality: SOMERVILLE BORO
  • Latitude: 40.5698
  • Longitude: -74.5975

    Address

  • Full Address: 97 Reimer St
  • Address - House Number: 97
  • Address - Street Name: Reimer
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Somerville
  • Carrier Code: C014
  • 4-Digit Zip Code: 2532
  • Zip Code: 08876

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,710,480

    Appraisal Valuation

  • Standard Deviation: 0.1589
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 695,797
  • High Value: 806,376
  • Low Value: 585,217

    Market Valuation

  • Market Total Value: $588,337
  • Market Land Value: $202,976
  • Market Improvement Value: $385,361

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $442,900
  • Assessed Land Value: $152,800
  • Assessed Improvements Value: $290,100

    Sales

  • Current Sale Contract Date: Jun 30, 2015
  • Current Sale Recording Date: Jul 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015030008
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Somerville

Stats & Trends

Median Asking:

$585,000

Sale Price/ft²

$361

Below Asking

0.02%

Average Days on Market

49

Average Home Size

711 ft²

Average Home Age

71.3 years

Currently For Sale

29 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 10 Cedar Street, Bridgewater, NJ, 08807

$3,800 /mo

  • 3 Beds
  • 1 Bath
10 Cedar Street, Bridgewater, NJ, 08807 Listing by DENISE M. GREER
Unit for rent at 813 Lincoln Avenue, Manville, NJ, 08835

$2,000 /mo

  • 2 Beds
  • 1 Bath
813 Lincoln Avenue #2, Manville, NJ, 08835 Listing by SHANAE S. HAWKINS

Rentals Near You

Click here to view more rentals in the neighborhood.
GSMLS

Last Updated: 11 days ago
Data Source: GSMLS, MLS#
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 97 Reimer Street built and last sold?
The property at 97 Reimer Street was built in 1966 and last sold on Jun 30, 2015 for $348,000.
How much is this home worth?
The estimated value of the home located at 97 Reimer Street is $897,890.
What are some comparable homes to 97 Reimer Street?
There are currently no comparable homes to 97 Reimer Street.
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