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    621 Hamilton St Somerset, NJ

    For Lease
    Contact for pricing

    Retail property near Rutgers New Brunswick campus with ample parking.

    Property size:
    11,200 SF
    Lot size:
    3.09 Acres

    Property Features for 621 Hamilton St

    General Information

    Size
    11,200 SF
    Lot size
    3.09 Acres

    Source: R.J. Brunelli & Co Agent Pete Nicholson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Rutgers Campus

    This retail property offers 11,200 square feet of space. The location benefits from a high population density, with numerous new apartments delivered in the first quarter of 2020. It is situated within one mile of Rutgers New Brunswick campus and has an oversized parking field. The surrounding area has a population of 30,387 people within a one-mile radius. The property is suitable for medical, banks, fast food, and automotive businesses.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    State
    New Jersey
    Longitude
    -74.5228916
    Latitude
    40.4933734

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    FAQs

    What type of property is this?
    Individual retail property - Retail property near Rutgers New Brunswick campus with ample parking.
    Where is this individual retail property located?
    The property is located at 621 Hamilton St Somerset, NJ.
    What are key features of this property?
    This property features: - High population density: 30,387 people within 1 mile.; - Proximity to Rutgers New Brunswick campus: 1 mile distance.; - Oversized parking field.
    (609) 790-7718
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    621 Hamilton St Somerset, NJ
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    Somerset, NJ
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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
    621 Hamilton St Somerset, NJ
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