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    21 5Th St Somerville, NJ 08876

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    For Lease
    $13 SF/Yr ($5,478 /Mo)

    5,057 SF warehouse space available for lease in Somerville.

    Property size:
    5,057 SF
    Lot size:
    1.79 Acres

    Property Features for 21 5Th St

    General Information

    Size
    5,057 SF
    Lot size
    1.79 Acres

    Source: Lee & Associates | Whippany Agent Jeffrey Furey

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

    Overview

    Somerville Warehouse Space Available

    This 5,057 square foot warehouse space is available for lease in Somerville, New Jersey. The asking rate is $14.50 NNN. The property features a 16-foot clear ceiling height and two drive-in loading doors. Taxes are $2.21 per square foot. Occupancy is available starting April 1, 2024.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.612081
    Latitude
    40.5602365

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    FAQs

    What type of property is this?
    Warehouse - 5,057 SF warehouse space available for lease in Somerville.
    Where is this warehouse located?
    The property is located at 21 5Th St Somerville, NJ.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - 5,057 SF Available; - Benefit from the **16’ Clear Ceiling Height**; - Features **2 Drive-In Loading Doors**
    (609) 915-1285
    Request Owner's contact information
    21 5Th St Somerville, NJ 08876
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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
    21 5Th St Somerville, NJ 08876
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