Above, you will see a summary of real estate in Somerset, NJ. On average, homes in Somerset, NJ cost $305,500, a value that is 3% lower than the average in New Jersey. In general terms, this results in Somerset, NJ real estate being more affordable than New Jersey real estate. On average, people who rent houses in Somerset, NJ pay $1,461; this value is 20% higher than the average amount renters pay in New Jersey. 75.8% of Somerset, NJ residents own their own homes and, on average, each of the homes has 2.6 occupants. Somerset, NJ real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Somerset, NJ is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.