Freestanding Retail and Warehouse Building

Somerville Boro Somerville, NJ 08876

Claim this Listing
For Sale
$2,950,000

SINGLE_FAMILY - Somerville Boro, NJ

Property size:
10,857 SF
Price / SF:
$271/SF
Added:
Dec 11, 2025
Days on Market:
211
Last Refresh:
Jul 10 at 9:06 pm

Property Features for Somerville Boro

General Information

Property type
Residential
Property subtype
Other
Standard status
Active
Size
10,857 SF

Building Details

Year built
9999

Listing agent Timothy Deluccia

Listing office BHHS Fox & Roach Martinsville South Sales Office NJ

Listing date Dec 11, 2025

MLS# 4001287

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This freestanding retail building includes more than 3,000 square feet of retail/showroom space and more than 7,000 square feet of warehouse space. The warehouse offers 16-foot clear ceilings, and the property is supported by two tailboard loading features for goods movement. Parking is available in both front and rear lots.

The property is located on US Highway 22 in Somerville Boro, Somerset County, New Jersey, with high visibility along the east side of the route. The listing also notes pylon signage with 50,000 VPD.

This layout is well suited for retailers or showroom operators who need warehouse capacity to store product on-site while maintaining dedicated customer-facing space. The combination of showroom frontage and warehouse operations, along with tailboard loading and on-site parking, supports businesses that require both display and fulfillment in the same facility.

Key Highlights

  • High‑visibility location on Route 22 East in Somerset County with 50,000 vehicles per day (VPD).
  • Freestanding 10,857 SF building with retail/showroom (3,000+ SF) and warehouse (7,000+ SF) space.
  • Two tailboard loading docks for efficient warehouse operations.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $234.5k $21.60
− Vacancy −$13.1k −$1.21
EGI $221.4k $20.39
− OpEx −$66.4k −$6.12
NOI $155.0k $14.27
10,857 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.21M
$1.94M – $2.58M (±1% cap)
NOI $154,965 @ 7.0% cap · market cap 5.25%
Second Best
Warehouse
$2.11M
$1.85M – $2.47M (±1% cap)
NOI $147,975 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$2.83M
$2.48M – $3.31M (±1% cap)
NOI $198,449 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Showrooms

Similar Off Market Nearby

  • Glass & Tile Works — 141 Pine St, Bridgewater, NJ 08807
  • Fox Tile Works — 97 Ardmaer Dr, Bridgewater Township, NJ 08807

FAQs

What type of property is this?
Showroom - Freestanding retail/showroom with warehouse space, 16-foot clear ceilings, and loading for keeping inventory on-site.
Where is this showroom located?
The property is located at Somerville Boro Somerville, NJ.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: High‑visibility location on Route 22 East in Somerset County with 50,000 vehicles per day (VPD).; Freestanding 10,857 SF building with retail/showroom (3,000+ SF) and warehouse (7,000+ SF) space.; Two tailboard loading docks for efficient warehouse operations.
Contact an agent
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