Search
9-Unit Triangle Flex Space
New
For Lease
$2,500,888

106 Somerset Street, Garfield, NJ 07026

Triangle-shaped flex property beside a commuter rail station, with close highway access and multiple commercial configurations.

Space SizeContact for details
Days on Market4

Property Features for 106 Somerset Street

General Information

Standard status Active
Property subtype Retail

Taxes and HOA fees

Annual Taxes $38,269
Listing Agency: Prominent Properties Sotheby's International Realty-Tenafly
Listed By: Christian C. Di Stasio · License #1757464
Source: Drostrealtygroup
Added: Sep 1 Changed: Sep 3 Last Checked: Sep 4 at 1:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prominent Properties Sotheby's International Realty-Tenafly

Investment Insights

Based on property information with market context.

This triangle-shaped flex property contains approximately 23,000 square feet arranged across nine units. The configuration supports a range of commercial formats identified for the building, including industrial, storage, logistics, office, retail, and creative space.

The property is directly beside Passaic Street Train Station in Garfield, placing rail transit immediately adjacent to the building. Highway access is also nearby, adding another transportation connection for the site.

Key Highlights

  • Approximately 23,000 SF of flex space
  • Nine‑unit commercial configuration
  • Triangle‑shaped building

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home (Bike/Boat/Book/etc) Store Parking Lot & Garage Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,878
Businesses Nearby
Balanced
Demand for This Use

Demographics for 07026, NJ

32,655
Population
12,234
Households
2.7
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
15,550
Density / Sq Mi
$75,701
Median Household Income
$44,462
Median Earnings
$1,612
Median Rent
$454,300
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Gold Chef Services 225 Passaic St, Passaic, NJ 07055
  • Alka C Rana Catering 23 Van Kruiningen Ct Apartment 222, Wallington, NJ 07057
  • Michele's Catering Inc 32 Passaic St, Garfield, NJ 07026
  • Pierogi More 40 Spencer Pl, Garfield, NJ 07026
  • More Cheese Please NJ 63 Harrison Ave, Garfield, NJ 07026

Frequently Asked Questions

What type of property is this?
Flex space - Triangle-shaped flex property beside a commuter rail station, with close highway access and multiple commercial configurations.
Where is this flex space located?
The property is located at 106 Somerset Street Garfield, NJ.
What is the lease rate?
The lease rate is $2,500,888.
What are key features of this property?
This property features: Approximately 23,000 SF of flex space; Nine‑unit commercial configuration; Triangle‑shaped building
More about this property
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