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    54 W Main St Somerville, NJ 08876

    For Lease
    Contact for pricing

    Landmark building with historic features and convenient downtown location.

    Property size:
    2,147 SF
    Lot size:
    0.24 Acres

    Property Features for 54 W Main St

    General Information

    Size
    2,147 SF
    Lot size
    0.24 Acres

    Source: NAI DiLeo-Bram & Co. Agent Robert V. DiLeo

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

    Overview

    Historic Office Space in Somerville

    Located on Main Street in downtown Somerville, this landmark mixed-use building, known as the Gaston Building, was built in 1891. It is recognized for its prominent stone facade, turrets, red and white trim, and third-story balcony windows. The property is situated one block from the historic Somerset County Courthouses and two public parking lots, and it is a five-minute walk to Somerville Train Station. The 2,147-square-foot space features central air-conditioning, decorative fireplaces, custom wooden built-ins, classic wood molding, hardwood flooring, ornamental ceilings, and abundant window lines providing natural lighting. FiOS Internet and Optimum Cable service are available at the site. The vibrant downtown location provides walkable access to restaurants, fine-dining, banking, and shopping. Additionally, the building is conveniently accessible to Routes 22, 206, 208, I-287, and I-78, and a New York City bus stops in front of the building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.6133916
    Latitude
    40.5687967

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    FAQs

    What type of property is this?
    Office space - Landmark building with historic features and convenient downtown location.
    Where is this office space located?
    The property is located at 54 W Main St Somerville, NJ.
    What are key features of this property?
    This property features: - Landmark building in vibrant downtown Somerville location with walkable access to amenities.; - Convenient access to major transportation routes (Routes 22, 206, 208, I-287, I-78) and NYC bus stop in front of building.; - Five-minute walk to Somerville Train Station.
    (732) 985-3000
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    Somerville, NJ 08876
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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
    54 W Main St Somerville, NJ 08876
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