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Somerville, NJ Real Estate & Property Data

Somerville Real Estate Market Trends

Last Updated: August 30, 2025

Accurate and comprehensive real estate data is critical for insight into Somerville, NJ 08876. ATTOM’s Somerville real estate data is updated daily, and current market trends show that in Somerville, NJ a total of 306 residential properties have sold over the past year. With a median home price of $599,000 in Somerville and a total of 1 foreclosures. Get detailed property data for Somerville, NJ instantly. ATTOM is your one-stop-shop for the Somerville property reports and real estate data you need in Somerville, NJ.

Somerville Real Estate Market Trends

Get property data for any address in Somerville, NJ or the country:

Total Residential Properties 6,559

Total Commercial Properties 538

Avg. Home Age (Single Family Home) 61 Years

Avg. Square Feet (Single Family Home) 1,999

Total 2025 Residential Sales (year-to-date) 114

% of Homes Seriously Underwater (Q3 2025) 0.75%

Total 2024 Residential Sales 266

% of Equity Rich Homes (Q3 2025) 52.07%

Effective 2024 Property Tax 1.55%

Total Foreclosure Filings (year-to-date) 13

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Somerville, NJ 08876 Real Estate Overview

There were 306 residential properties sold in the past year in Somerville, NJ 08876. The median home value in Somerville, NJ 08876 is $582,300. There are a total of 6,559 residential properties in the 08876.

Median Sales Price i

$599,000

(Jun 2025)

-3.1%

year-over-year

y-o-y

June '25 Jun '25 $599,000
May '25 May '25 $598,000
April '25 Apr '25 $565,000
March '25 Mar '25 $555,000
February '25 Feb '25 $590,000
January '25 Jan '25 $575,000
December '24 Dec '24 $529,000
November '24 Nov '24 $592,500
October '24 Oct '24 $539,000
September '24 Sep '24 $568,500
August '24 Aug '24 $663,000
July '24 Jul '24 $650,000

Median Down Payment i

$132,875

(Jun 2025)

+6.3%

year-over-year

y-o-y

June '25 Jun '25 $132,875
May '25 May '25 $100,000
April '25 Apr '25 $148,000
March '25 Mar '25 $103,997
February '25 Feb '25 $122,459
January '25 Jan '25 $74,250
December '24 Dec '24 $142,028
November '24 Nov '24 $113,125
October '24 Oct '24 $105,600
September '24 Sep '24 $130,625
August '24 Aug '24 $131,000
July '24 Jul '24 $130,000

Number of Homes Sold i

24

(Jun 2025)

-7.7%

year-over-year

y-o-y

June '25 Jun '25 24
May '25 May '25 25
April '25 Apr '25 9
March '25 Mar '25 19
February '25 Feb '25 19
January '25 Jan '25 18
December '24 Dec '24 21
November '24 Nov '24 24
October '24 Oct '24 30
September '24 Sep '24 28
August '24 Aug '24 30
July '24 Jul '24 33

Number of Purchase Loans i

17

(Jun 2025)

-26.1%

year-over-year

y-o-y

June '25 Jun '25 17
May '25 May '25 20
April '25 Apr '25 8
March '25 Mar '25 19
February '25 Feb '25 12
January '25 Jan '25 18
December '24 Dec '24 19
November '24 Nov '24 19
October '24 Oct '24 27
September '24 Sep '24 20
August '24 Aug '24 24
July '24 Jul '24 27

Number of REFI Loans i

10

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 10
May '25 May '25 11
April '25 Apr '25 14
March '25 Mar '25 10
February '25 Feb '25 8
January '25 Jan '25 10
December '24 Dec '24 10
November '24 Nov '24 8
October '24 Oct '24 12
September '24 Sep '24 9
August '24 Aug '24 9
July '24 Jul '24 12

Number of HELOC Loans i

14

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 14
May '25 May '25 9
April '25 Apr '25 10
March '25 Mar '25 13
February '25 Feb '25 7
January '25 Jan '25 5
December '24 Dec '24 11
November '24 Nov '24 6
October '24 Oct '24 15
September '24 Sep '24 16
August '24 Aug '24 3
July '24 Jul '24 13

Somerville, NJ 08876 Real Estate Market Overview

Last 30 days

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Somerville, NJ 08876 Foreclosure Activity

There were a total of 1 Somerville, NJ 08876 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

1

(Jun 2025)

-50%

year-over-year

y-o-y

June '25 Jun '25 1
May '25 May '25 1
April '25 Apr '25 3
March '25 Mar '25 2
February '25 Feb '25 3
January '25 Jan '25 3
December '24 Dec '24 1
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 4
August '24 Aug '24 1
July '24 Jul '24 1

Foreclosure Starts i

1

(Jun 2025)

-50%

year-over-year

y-o-y

June '25 Jun '25 1
May '25 May '25 1
April '25 Apr '25 2
March '25 Mar '25 2
February '25 Feb '25 3
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 1
July '24 Jul '24 1

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 1
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 N/A
August '24 Aug '24 2
July '24 Jul '24 N/A

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