Somerville Boro, Somerville, NJ 08876
Commercial - Somerville Boro, NJ
- Added:
- Feb 28, 2026
- Days on Market:
- 101
- Last Refresh:
- Jun 9 at 1:06 am
Property Features for Somerville Boro
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- POR
- Rooms
- Basement
- Parking
- 15
- Parking features
- Parking Lot
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 4,500 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 27019
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1980
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Carpet, Tile
- Roof type
- Flat
- Architectural style
- Other
Listing agent PATRICK M KELLY (908) 685-0700
Listing office RE/MAX PREFERRED PROFESSIONALS 1170 ROUTE 22 EAST, Hillsborough, NJ (908) 685-0700
Listing date Feb 28, 2026
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Excellent location, just 2 blocks from RWJ Hospital
- 2800 sq ft finished first floor configured as a medical office
- Features include 6 exam rooms, 2 patient bathrooms, and a 10‑person waiting room
- Additional features: Reception/Billing area, Consultation Room, Lab, Break Room, and Kitchen
- Convenient to Downtown Somerville shops, restaurants, bus/train, and courthouse
- 1700 sq ft unfinished lower level space
Overview
Local Financial Insights For Office B
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 | $135.0k | $30.00 |
| − Vacancy | −$43.2k | −$9.60 |
| EGI | $91.8k | $20.40 |
| − OpEx | −$23.0k | −$5.10 |
| NOI | $68.9k | $15.30 |
Alternative Uses
Current Use by Public Records
Map
- City
- Somerville
- County
- Somerset
- State
- New Jersey
- Longitude
- -74.6608
- Latitude
- 40.5554
