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Sold for $460,000
  • $460,000

    24 Leupp Ln, Somerset, NJ 08873

    5beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $465,500 Zestimate®
    $--/sqft
    $3,228 Estimated rent

    Home value

    $465,500

    $428,000 - $507,000

    $3,228/mo

    Zestimate® history
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    What's special

    Delivered completely vacant and sitting on an exceptionally rare 34,560 sq ft (0.7934 acres) lot, this two-family fixer-upper is the kind of canvas investors and developers wait for, space, flexibility, and upside in one package.The existing layout offers a solid starting point for value-add: a 4-bedroom / 1-bath unit over a 1-bedroom / 1-bath unit. 5 bedrooms, 2 bathrooms, total ideal for a full renovation and reposition. With two separate units and vacant possession, you can move straight into your plan: renovate and hold, renovate and sell, or explore longer-term strategies based on what's feasible for the site. What truly separates this opportunity is the nearly 0.8-acre parcel. Land like this opens the door to creative possibilities expanded outdoor amenities, parking, storage, potential addition/expansion, acknowledging that any future use, subdivision, or redevelopment would be subject to township approvals, zoning, permits, and due diligence. Bring your contractor, architect, and vision, this is a true investor-grade opportunity with room to add real value. Book through showingtime. Property is vacant. Go and Show after booking through showingtime.

    Zillow last checked:

    Listing updated:

    Listed by:

    LUIS T. ESTRELLA,

    KELLER WILLIAMS VILLAGE SQUARE 201-445-4300,

    CAMILLE ESTRELLA,

    KELLER WILLIAMS VILLAGE SQUARE

    Source: All Jersey MLS,MLS#: 2661003MMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard Hotwater, Hot Water
    Cooling
    • A/C Window Unit(s)
    Appliances
    • Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
    Features
    • Unit 1(1 Bath, 1 Bedroom, Living Room), Unit 2(1 Bath, 3 Bedrooms, Dining Room, Living Room)
    • Basement: Partially Finished, Laundry Facilities, Storage Space, Tenant Use
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Stories: 3
    • Exterior features: Sidewalk
    Lot
    • Size: 0.79 Acres
    • Dimensions: 144’ x 240
    • Features: Near Public Transit, Near Shopping
    Details
    • Parcel number: 080036300000002301

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Somerset

    Financial & listing details

    • Tax assessed value: $562,000
    • Annual tax amount: $9,824
    • Date on market: 12/20/2025
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/3/2026Sold$460,000+4.5%
    Source: All Jersey MLS #2661003M Report a problem
    1/14/2026Pending sale$440,000
    Source: GSMLS #4002337 Report a problem
    12/21/2025Listed for sale$440,000+76%
    Source: All Jersey MLS #2661003M Report a problem
    7/22/2008Sold$250,000-28.4%
    Source: Public Record Report a problem
    3/25/2008Price change$349,000-9.4%
    Source: Homes & Land Report a problem
    2/2/2008Listed for sale$385,000-10.4%
    Source: Homes & Land Report a problem
    11/30/2007Listing removed$429,900
    Source: Obeo #2446970 Report a problem
    11/14/2007Listed for sale$429,900
    Source: Obeo #2446970 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,824 +11%$562,000 +11%
    2024$8,848 0%$506,200 +11%
    2023$8,850 +14.7%$456,200 +15.1%
    2022$7,717 $396,200 +14.4%
    2021-- $346,200 +6.1%
    2020$7,330 +7.5%$326,200 +3.2%
    2019$6,820 $316,200 +8.6%
    2018$6,820 +10.1%$291,200 +5.4%
    2017$6,193 -3%$276,200 +5.7%
    2016$6,387 +5.8%$261,200 -3.7%
    2015$6,037 +1%$271,200 +4.2%
    2014$5,976 $260,200 -24.5%
    2007-- $344,500
    2006-- $344,500 +12.8%
    2005-- $305,400 +12.2%
    2004$2,303 $272,200 +11.9%
    2003-- $243,300 +8%
    2002-- $225,200 +21.9%
    2001-- $184,700
    Find assessor info on the county website

    Neighborhood: 08873

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $465,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $465,500