Sell Your Land inSomerset County, NJ
EasyLotBuyer provides cash offers for vacant land in Somerset County, New Jersey. With 39 active land listings and a median sale price of $774K, we use real market data to ensure you receive a fair offer. We serve all 12 communities including Bernardsville, Bound Brook, Far Hills and more.
Why Sell Your Somerset County Land to Us?
- We know the Somerset County land market and provide fair, data-driven offers
- Three offer types: fast cash, higher cash, or owner financing for maximum value
- We handle all New Jersey closing requirements, including required attorney coordination, and title work
Land Market in Somerset County, New Jersey — Current Data
Real-time land market statistics for Somerset County based on recent sales and active listings.
Supply and demand are roughly equal, benefiting both buyers and sellers.
| Metric | Somerset County | NJ Avg |
|---|---|---|
| Median Sale Price | $774,325 | $341,555 |
| Median Price per Acre | $594K | $728K |
| Active Listings | 39 | 1,774 |
| Sold (Last 12 Mo) | 126 | 3,895 |
| Avg Days on Market | 104 days | 121 days |
| Price Change (YoY) | -69.5% | -32.4% |
| Months of Supply | 4.5 | 8.3 |
| Sell-Through Rate | 4.9% | — |
The Somerset County land market is currently a balanced market with 4.5 months of supply. Over the past 12 months, 126 land parcels have sold in the county, totaling $188.5M in transaction volume. Land prices have decreased 69.5% year-over-year. The median price per acre in Somerset County ($594K) is below the New Jersey statewide average of $728K.
Land Prices by Acreage in Somerset County
How land values in Somerset County vary by parcel size, based on recent sales data.
| Acreage | Median Price | $/Acre | Sold (12mo) | For Sale | Avg DOM |
|---|---|---|---|---|---|
| Under 1 Acre | $886K | $5.9M | 60 | 12 | 85d |
| 1-2 Acres | $417K | $292K | 18 | 8 | 70d |
| 2-5 Acres | $515K | $145K | 18 | 3 | 73d |
| 5-10 Acres | $625K | $125K | 7 | 10 | 260d |
| 10-20 Acres | $520K | $48K | 9 | 3 | 9d |
| 20-50 Acres | $485K | $20K | 5 | 2 | — |
| 50-100 Acres | $300K | $3K | 1 | 1 | — |
Small parcels (Under 1 Acre) in Somerset County sell for a median of $5.9M/acre, while larger parcels (50-100 Acres) average $3K/acre — a 100% difference per acre. This per-acre discount for larger parcels is typical across most land markets.
Want to know what your specific parcel is worth?
These are county-wide averages. Your land's value depends on location, road access, utilities, zoning, and other factors. Submit your property above for a personalized cash offer based on your parcel's specific characteristics.
How to Sell Land in Somerset County — 3 Simple Steps
Submit Your Property
Tell us about your Somerset County land — location, acreage, and your contact info. Takes less than 2 minutes.
Get Your Cash Offer
We research your parcel using Somerset County county records, comparable sales, and market data to provide a fair offer within 24 hours.
Close & Get Paid
We coordinate with a New Jersey attorney, handle all New Jersey closing requirements, and pay via wire transfer or cashier's check.
Sell Land in New Jersey Without a Realtor
Compare your options for selling land in Somerset County. Traditional listings can take months — we close in days.
Real Estate Agent | Sell By Owner (FSBO) | EasyLotBuyer | |
|---|---|---|---|
| Time to Sell | 104+ days avg | 135+ days avg | 7-14 days |
| Commission/Fees | 6-10% of sale price | Listing fees + closing costs | $0 — we pay all costs |
| Closing Costs | Transfer tax: 1% (varies by sale price, can be higher) | Transfer tax: 1% (varies by sale price, can be higher) | We cover everything |
| Repairs/Prep | Survey, clearing may be needed | Survey, clearing, signage | We buy as-is |
| Showings | Multiple site visits | You manage all showings | No showings needed |
| Certainty | Buyer financing may fall through | High risk of no sale | Guaranteed cash close |
Land in Somerset County takes an average of 104 days to sell through traditional channels. By selling directly to EasyLotBuyer, you can skip the listing process entirely and close in as few as 7 days with a guaranteed cash offer.
Taxes and Closing Costs for Selling Land in New Jersey
Capital Gains Tax
When you sell land in New Jersey for more than you paid, the profit is subject to capital gains tax. If you've held the property for more than one year, you'll pay long-term capital gains rates (0%, 15%, or 20% federally, depending on your income).
State tax: New Jersey has a graduated income tax from 1.4% to 10.75%. Capital gains are typically taxed as regular income at the state level.
Closing Costs in New Jersey
Transfer Tax
1% (varies by sale price, can be higher)
Typically paid by: seller
Recording Fees
$40-$85
When you sell to EasyLotBuyer, we cover all closing costs including transfer taxes, recording fees, title search, and title insurance. The cash offer you receive is the amount you take home.
Attorney & Closing Requirements
New Jersey requires an attorney to be involved in real estate closings. All land transactions must be supervised by a licensed attorney.
New Jersey requires seller disclosures for real property transfers. When you sell to EasyLotBuyer, we guide you through any required disclosures and handle all paperwork.
Mineral Rights in New Jersey
Mineral rights typically convey with the surface in New Jersey. If you're unsure about the mineral rights status of your property, include this information when you submit your property details and our team will research it during due diligence.
Frequently Asked Questions About Selling Land in Somerset County
Common questions from Somerset County, New Jersey landowners considering selling their property.
The median price per acre for land in Somerset County is $594K, with a median sale price of $774,325. Recent sales range from $146,000 to $1,498,943. Actual value depends on location, size, road access, utilities, zoning, and other parcel-specific factors. Submit your property details for a free personalized valuation.
Cities & Towns in Somerset County
We buy vacant land near all cities and towns in Somerset County, New Jersey. Whether your property is inside city limits or in an unincorporated area, we'll make you a fair cash offer.
Sell Land in Nearby Counties
We also buy land in these neighboring counties. Click to see local market data and get a cash offer.