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Property profile & analytics
OFF-MARKET
Office Spaces

372 Rt 22 Somerville, NJ 08889

Built 1990
Property ID
Property summary
AI-generated overview

This exceptional 2,500 square foot office space is located on the second floor of a well-maintained building at 372 Route 22 West in Somerville, New Jersey. The suite boasts a spacious and bright layout, perfect for a variety of business needs. Features include a private his/her bathroom and a small kitchen area, adding convenience and comfort for occupants. A dedicated reception area provides a professional first impression, while a bullpen area with existing cubicles offers flexible workspace configurations – the cubicles can be removed to suit individual preferences. The building offers abundant parking, accommodating approximately 60-70 vehicles, ensuring ample space for employees and clients. The property's strategic location provides easy access to major roadways, including Routes 22, 78, and 287, enhancing accessibility and commute convenience. The rental rate is $2700 per month, plus a common area maintenance (CAM) charge of $3.50 per square foot. Convenient front and back entrances provide easy access for all. This is a truly prestigious office space in a highly desirable location.

Property profile
Verified
Property type Office Spaces
Year built 1990
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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