Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    147-151 Pierce St Somerset, NJ 08873

    For Sale
    Contact for pricing

    High-visibility retail space available in prime Somerset location.

    Property size:
    37,778 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 37,778 square foot retail center is situated on a 4.5-acre lot in the thriving business area of Somerset, New Jersey. Currently, one retail space is available, measuring 1,685 square feet. The property boasts a highly visible location at a signalized intersection, ensuring maximum exposure for your business. This successful retail center is located in the prestigious Somerset County, benefiting from a strong local economy and high traffic volume. The available space is ideal for a variety of retail uses and offers significant potential for growth. The asking rate is $24 per square foot, NNN. This represents a unique opportunity to establish or expand your business in a prime retail location within a well-established and successful commercial center. The property's size and location make it an attractive investment for businesses seeking high visibility and accessibility. The 4.5-acre lot provides ample parking and potential for future expansion. Don't miss this chance to secure a prominent space in a thriving Somerset County commercial hub. Contact us today to schedule a viewing and learn more about this exceptional opportunity.

    Property Features for 147-151 Pierce St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    37,778 SF
    Lot Size
    196,020 SF

    Building Details

    Year Built
    2008
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Somerset
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.52023
    Latitude
    40.52932

    Nearby Similar for Sale

    • New
      $625,000
      Pending

      Somerville Duplex: Investment Opportunity

      Two-unit duplex near downtown Somerville and NJ Transit.
      81-83 Grove St, Somerset, NJ 08873
      View Details
    • New
      Contact for pricing
      2,000 SF

      Versatile Office in Medical Complex

      2,000 SF office suite in a convenient medical complex.
      636 Easton Ave, Somerset, NJ 08873
      View Details
    • Contact for pricing
      1,313 SF

      Franklin Township Office End Unit

      Second floor office unit with reception, conference room, and offices.
      17 Clyde Rd, Somerset, NJ 08873
      View Details
    • $349,900

      Medical/Professional Office Space Available

      Medical/Professional office space for sale near major hospitals.
      1553 Rt 27, Somerset, NJ 08873
      View Details
    • $737,000

      Spacious Home in 55+ Community

      Well-maintained 3-bedroom home in desirable Canal Walk community.
      53 Tallman Ln, Somerset, NJ 08873
      View Details
    • $2,300,000
      12,000 SF

      Industrial Building with Office Space

      Industrial building featuring both warehouse and office areas for sale.
      5 Veronica Ave, Somerset, NJ
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-visibility retail space available in prime Somerset location.
    Where is this commercial real estate located?
    The property is located at 147-151 Pierce St Somerset, NJ.
    (732) 469-1515
    Request Owner's contact information
    147-151 Pierce St Somerset, NJ 08873
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    147-151 Pierce St
    Somerset, NJ 08873
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    147-151 Pierce St Somerset, NJ 08873
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.