Sold on Apr 2026

$695,000

•

2 ba

•

1,952

sq ft

16 Millstone Rd, Somerset, NJ 08873

Track this home’s value and nearby sales activity

About this home

Discover the perfect blend of income potential and future possibilities at 16 Millstone Rd a well-maintained side-by-side duplex nestled on a huge corner lot. This rare opportunity offers two spacious, identical 3-bedroom 1 bath units, each delivering $1,695/month in rental income for a total of $3,390 monthly. With a desirable floor plan, huge space for parking and untapped upside, this property is an investor's dream in one of Somerset County's most sought-after towns. The house has a prime layout for easy living and renting. Thoughtful side-by-side design ensures privacy while simplifying maintenanceperfect for owner-occupancy in one half and renting the other. The expansive corner lot has endless potential (The lot holds exciting possibilities for subdivision but you must verify with the town). Current rents are attractively low for the area, offering immediate rental upside with just some cosmetic updating. Priced to sell in today's competitive market, 16 Millstone Rd combines growth potential with development upside. Whether you're looking to live in one unit and rent out the other, or scaling your portfolio, 16 Millstone is one you want to check out immediately. Best and final for our listing at 16 Millstone Road, Franklin Twp is due before Sunday December 14th at 5pm.

Multi-familyProperty Type

1960Year Built

0.32 acresLot Size

$356Price/Sq.Ft.

4 spacesParking

Listed by PETER TVERDOV • TVERDOV HOUSING

Redfin checked: 2 minutes ago

•Source:CJMLS #2608141R

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 08873, NJ

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.3%

+0.8% MoM

Median sale price

$520K

$20K MoM

Avg. days on market

20d

5 days MoM

Recently sold homes

133

19 MoM

New listings for sale

OPEN TODAY, 1PM TO 4PM
$475,000
2 beds2.5 baths1,575 sq ft
39 Sherborne St, Somerset, NJ 08873
$425,000
2 beds2 baths— sq ft
124 Winchester Way, Somerset, NJ 08873-4906
OPEN TODAY, 12PM TO 2PM
$899,000
4 beds2.5 baths2,791 sq ft
2 Garden Hills Dr, Somerset, NJ 08873
$874,900
3 beds3 baths2,438 sq ft
45 Bryant Ct, Somerset, NJ 08873
OPEN TODAY, 2PM TO 4PM
$459,000
2 beds2.5 baths— sq ft
74 Freemont Ct, Somerset, NJ 08873-4708
$600,000
3 beds2.5 baths2,136 sq ft
11 Disbro Ln, Somerset, NJ 08873-7290
OPEN TODAY, 1PM TO 3PM
$525,000
3 beds2 baths1,680 sq ft
159 Matilda Ave, Somerset, NJ 08873
(609) 921-1411
$460,000
2 beds2 baths— sq ft
7110 Westover Way #7110, Somerset, NJ 08873-5912
OPEN TODAY, 12PM TO 3PM
$320,000
2 beds1 bath974 sq ft
74 Eton Way, Somerset, NJ 08873
OPEN TODAY, 1PM TO 4PM
$739,900
2 beds2 baths— sq ft
441 Crossfields Ln, Somerset, NJ 08873-6013
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Sale and tax history for 16 Millstone Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$9,127 (+17.5%)

$227,800 + $290,500

$518,300

2024

$7,771 (−1.5%)

$227,800 + $290,500

$518,300

2023

$7,886 (−5.3%)

$227,800 + $198,700

$426,500

2022

$8,325 (+1.9%)

$207,800 + $198,700

$406,500

2021

$8,169 (+4.6%)

$207,800 + $198,700

$406,500

2020

$7,810 (+1.6%)

$167,800 + $198,700

$366,500

2019

$7,684 (−5.3%)

$142,800 + $198,700

$341,500

2018

$8,115 (−0.4%)

$132,800 + $198,700

$331,500

2017

$8,146 (−0.8%)

$147,800 + $198,700

$346,500

2016

$8,215 (+2.8%)

$147,800 + $198,700

$346,500

2014

$7,992 (+1.4%)

$147,800 + $196,700

$344,500

2013

$7,882 (+7.7%)

$147,800 + $196,700

$344,500

2011

$7,317 (+4.8%)

$147,800 + $196,700

$344,500

2010

$6,983 (+4.9%)

$147,800 + $196,700

$344,500

2009

$6,658

$147,800 + $196,700

$344,500

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

Lot width

100 ft.

Lot depth

140 ft.

Lot size

0.32 Acres

Year renovated

—

Sq. Ft.

1,952

Year built

1960

Style

Single Family Residential

County

Somerset County

APN

0800139 00019

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 6, 2026.

Property details

Parking

Parking / Garage Information
Parking Features: 4(+)Car Parking

Interior

Virtual Tour

Bathroom Information
# of Bathrooms (Full): 0
# of Bathrooms (1/2): 0

Basement Information
Basement: Full, Storage Space, Utility Room

Room Information
# of Rooms: 12

Interior Features
Flooring: Unit 1 Carpet, Unit 2 Carpet
Stories Total: 2
Interior Features: 3 Bedrooms, Kitchen, 3 Bedrooms, Kitchen

Exterior

Exterior Features
Roof: Asphalt

Lot Information
Lot Size Acres: 0.3214
Lot Size Dimensions: 140.00 x 70.00
Lot Size Area: 0.3214
Lot Features: Near Shopping, Corner Lot

Land Information
Water Source: Public

Property Information
Appliances: Water Heater

Building Information
Building Area Total: 1,952

Financial

Tax Information
Tax Year: 2024
Tax Annual Amount: $7,771

Utilities

Utility Information
# of Separate Electric Meters: 2
Gas: Natural Gas
# of Separate Gas Meters: 2
Sewer: Public Sewer
Utilities: See Remarks
# of Separate Water Meters: 1

Heating & Cooling
Has Heating
Cooling: A/C Wall Unit(s), A/C Window Unit(s)
Heating: Central, Forced Air
# Heat Systems: 2

Location

Other Fee Information
Other Municipal Charges: 0

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,952
Stories: 2.0
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: —
County: Somerset County
APN: 0800139 00019

Home facts updated by county records on Jul 6, 2026

Other

Listing Information
Age: 0
Service: Garbage Included In Tax
Trans Type: Sellers/Landlords Agent/Disclosed Dual Agent/Designated Agent if the opportunity arises
Transaction Type: Sale

Around this home

Schools

Claremont Elementary School

Public PreK-5 • Assigned • 4.7mi

6/10

Sampson G Smith School

Public 6-8 • Assigned • 2.2mi

4/10

Franklin Twp High School

Public 9-12 • Assigned • 4.5mi

3/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

7/10 Heat Factor

7 days above 101° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Somerset, NJ • 08873

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

89/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Somerset. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.6 hrs

5.6 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 08873

OPEN TODAY, 1PM TO 4PM

$475,000

2 beds2.5 baths1,575 sq ft

39 Sherborne St, Somerset, NJ 08873

$425,000

2 beds2 baths— sq ft

124 Winchester Way, Somerset, NJ 08873-4906

OPEN TODAY, 12PM TO 2PM

$899,000

4 beds2.5 baths2,791 sq ft

2 Garden Hills Dr, Somerset, NJ 08873

$874,900

3 beds3 baths2,438 sq ft

45 Bryant Ct, Somerset, NJ 08873

OPEN TODAY, 2PM TO 4PM

$459,000

2 beds2.5 baths— sq ft

74 Freemont Ct, Somerset, NJ 08873-4708

$600,000

3 beds2.5 baths2,136 sq ft

11 Disbro Ln, Somerset, NJ 08873-7290

OPEN TODAY, 1PM TO 3PM

$525,000

3 beds2 baths1,680 sq ft

159 Matilda Ave, Somerset, NJ 08873

(609) 921-1411

$460,000

2 beds2 baths— sq ft

7110 Westover Way #7110, Somerset, NJ 08873-5912

OPEN TODAY, 12PM TO 3PM

$320,000

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Home values near 16 Millstone Rd

Data from public records.

Address	Redfin Estimate
19 Millstone Rd, Somerset, NJ 3 Beds \| 1 Baths \| - Sq. Ft.	$476,812
22 Millstone Rd, Somerset, NJ - Beds \| - Baths \| 1838 Sq. Ft.	$502,044

Address	Redfin Estimate
17 Millstone Rd, Somerset, NJ - Beds \| - Baths \| 1814 Sq. Ft.	$583,959
24 Millstone Rd, Somerset, NJ 3 Beds \| 1 Baths \| - Sq. Ft.	$584,812

Address	Redfin Estimate
23 Millstone Rd, Somerset, NJ - Beds \| - Baths \| 1354 Sq. Ft.	$493,447
28 Millstone Rd, Somerset, NJ 4 Beds \| 1.5 Baths \| 1434 Sq. Ft.	$492,536

Property information provided by CJMLS when last listed in 2026. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 08873, NJ

Homeowner tools

Sale and tax history for 16 Millstone Rd

Public record

Property details

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 08873

Home values near 16 Millstone Rd

More real estate resources