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Somerset County, NJ
Somerset County, New Jersey. Pinelands restrictions keep supply extremely tight.
Median $/acre
$31,474/ac
12-month change
+8.4%
Sales (12 mo)
27
Median days on market
83 d
Monthly absorption
11.6%
Median price per acre · 36 months
Recorded sales volume · monthly
Price per acre by tract size
| 0–5 ac | 42 listed | $29,016/ac |
| 5–20 ac | 15 listed | $25,873/ac |
| 20–50 ac | 11 listed | $25,875/ac |
| 50–100 ac | 7 listed | $20,824/ac |
| 100+ ac | 14 listed | $18,243/ac |
Most recent recorded sales
| NJ-925066 | 7.8 ac | $215,300 | $27,425/ac | Builder |
| NJ-359641 | 215.9 ac | $3.21M | $14,877/ac | Recreational buyer |
| NJ-741283 | 0.5 ac | $12,500 | $24,522/ac | Neighbor |
| NJ-935581 | 11.4 ac | $468,800 | $41,120/ac | Builder |
| NJ-831001 | 0.4 ac | $8,700 | $21,284/ac | Builder |
| NJ-169529 | 199.1 ac | $3.33M | $16,748/ac | Builder |
| NJ-843580 | 2.7 ac | $64,400 | $24,039/ac | Owner occupant |
| NJ-502937 | 1.7 ac | $91,500 | $54,454/ac | Builder |