Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 1 |
Acreage buckets
The median price for land in Somerville, New Jersey is currently $472K per acre. For a typical parcel, the median sale price is $130K. Recently, the cheapest land sold for $130K while premium lots reached $130K.
The 12-month rate is 4.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Somerville, New Jersey averages $472K per acre. The median price per acre is $472K, which may be more representative of typical transactions. Most parcels sold are around 12,000 sq ft.
There are currently 2 active listings in Somerville, New Jersey. The median asking price is $937K.
The median land price in Somerville, New Jersey stands at $130K. This translates to roughly $472K per acre for the typical parcel size.
Over the past 12 months, Somerville, New Jersey saw 1 properties sold, totaling $130K in sales volume.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
