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$529,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • Updated 5 hours ago
See This Home
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Just listed 2 family, with great convenient location to Downtown, shops, bus, train, restaurants, park, etc.! This has good investment potential with 5 possible bedrooms total, or live in one and let the rent help pay your mortgage. A 2-bedroom and a 3-bedroom apartment. First time buying, this is a fine way to start your Real Estate portfolio. All separate utilities, both apartments have a laundry area. Much more!

Full Property Details for 40 Mechanic St

General

  • Price: $529,000
  • Taxes: $9,638 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4035372
  • Updated: 6/18/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 10
  • Interior Features: Carbon Monoxide Detector, Carpeting, Tile Floors, Vinyl-Linoleum Floors, Wood Floors

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Exterior

  • Exterior Features: Curbs, Deck, Patio, Sidewalk, Storm Window(s), Thermal Windows/Doors

Parking

  • Garage Description: None

Location

  • County: Somerset
  • Subdivision: Park Ave.
  • Driving Directions: Main St. or High St. to Mechanic St. to sign.

School Information

  • Elementary School: VAN DEVEER
  • Middle School: SOMERVILLE
  • High School: SOMERVILLE

Heating & Cooling

  • Cooling Type: Ceiling Fan, Window A/C(s)
  • Heating Type: 2 Units, Baseboard - Cast Iron
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer, Sewer Charge Extra
  • Water: Public Water, Water Charge Extra
  • Utility Description: Electric, Natural Gas, Cable TV Available, Fiber Optic Available, Garbage Included

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Bilco-Style Door, Full, Unfinished
  • Roof: Asphalt Shingles
  • Square Feet: 1,848
  • Year Built: 1908

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, Porch, Storage
  • Square Feet: 900
  • Levels/Stories: 1
  • Handicap: Yes
  • Fireplaces: 9
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Laundry Room, Living Room, Porch
  • Square Feet: 900
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Dimensions: 48 x 166
  • Driveway/Sidewalk: 1 Car Width, Additional Parking, Blacktop, Gravel
  • Zoning: Residential
  • Lot Description: Level Lot

Financial Considerations

  • Expenses: Insurance, Maintenance, Taxes
  • Assessment Amount: $124,900
  • Land Assmt: $111,400
  • Tax Amount: $9,638
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures: Yes
  • Block: 68
  • Lot Number: 8

Listed by Re/Max Preferred Professionals

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Listing agent

— 40 Mechanic St —

  • Re/Max Preferred Professionals

908-285-0321

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40 Mechanic St

School District:Somerville Borough School District
NameGradesDistance
Van Derveer Elementary School
51 Union Avenue, Somerville, NJ 08876
PK-50.6 mi
Somerville Middle School
51 West Cliff Street, Somerville, NJ 08876
6-80.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 Mechanic St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/17/2026
Listed
$529,000
130%
MLS
7/11/2014
Sold
$230,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 40 Mechanic St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,341
5%
$236,300
—
2022
$8,887
1%
$236,300
—
2021
$8,831
2%
$236,300
—
2020
$8,649
2%
$236,300
—
2018
$8,497
2%
$236,300
—
2017
$8,322
4%
$236,300
—
2016
$7,985
-7%
$236,300
—
2019
$8,590
9%
$236,300
—
2015
$7,878
2%
$236,300
—
2014
$7,753
—
$236,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Re/Max Preferred Professionals

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40 Mechanic St, Somerville, NJ 08876 (MLS# 4035372) is a Multi-Family property with 2 units containing 5 bedrooms and 2 full bathrooms. 40 Mechanic St is currently listed for $529,000 and was received on June 17, 2026. Want to learn more about 40 Mechanic St? Do you have questions about finding other Multi-Family real estate for sale in Somerville? You can browse all Somerville real estate or contact a Coldwell Banker agent to request more information.

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