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    372 Rt 22 Somerville, NJ 08889

    For Sale
    Contact for pricing

    Prime 2nd floor office, ample parking, easy highway access.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    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 Features for 372 Rt 22

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1990
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Somerville
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.62186
    Latitude
    40.58219

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    FAQs

    What type of property is this?
    Office Property / Space - Prime 2nd floor office, ample parking, easy highway access.
    Where is this office property / space located?
    The property is located at 372 Rt 22 Somerville, NJ.
    What is the asking price?
    The asking price for this property is $2,700.
    (201) 933-3366
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    372 Rt 22 Somerville, NJ 08889
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    Somerville, NJ 08889
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    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
    372 Rt 22 Somerville, NJ 08889
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