The Somerset County market
Somerset holds newer stock than most of the counties around it, and a lot of it sits inside active homeowner associations.
That makes comparable selection cleaner than it is elsewhere: in a development where age, layout and fee structure are already matched, the adjustments left over are small and well supported. It also makes concessions the thing to watch. A builder incentive is part of a transaction but not part of market value, and a report that carries concessions through unadjusted overstates every comparable it uses.
Bridgewater, Bernards, Hillsborough and Branchburg carry most of that inventory. Far Hills, Peapack-Gladstone and Bedminster are a different market entirely — large sites where land carries the value and sales are scarcer.
The corporate corridor keeps relocation work moving through the county. A relocation assignment can be scoped differently from a lender’s, and it is written to whichever applies; what does not change is the standard, or the independence of the conclusion.
Municipalities served in Somerset County
New Brunswick · Somerville · Bound Brook · Manville · North Plainfield · Watchung · Warren · Bernards · Bernardsville · Peapack-Gladstone · Far Hills · Bedminster · Basking Ridge · Liberty Corner · Lyons · Millstone · Rocky Hill · Montgomery · Skillman · Princeton · Hopewell · Pennington · Lawrenceville