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    575 Rte, Unit 28 Raritan, NJ 08869

    For Lease
    Contact for pricing

    Conveniently located and recently renovated office space for lease.

    Lot size:
    5.81 Acres

    Property Features for 575 Rte

    General Information

    Lot size
    5.81 Acres

    Building Details

    Year built
    9999

    Source: BHHS FOX & ROACH Agent ANTHONY DELUCCIA

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

    Overview

    Renovated Office Space Near Somerville

    This 2,348 square foot office space is located off the Somerville Circle, providing easy access to Routes 31, 202, 206, 78, and 287. The center has undergone a complete renovation, featuring an upgraded main lobby and a new south side entrance for easier parking lot access. A fitness center has been added to the lower level. Common areas benefit from new carpeting, lighting, and wall coverings. Exterior renovations include new landscaping, an upgraded facade, and updated signage. An elevator provides access to each level. The property is located near hotels, restaurants, banking facilities, and entertainment options. The lease rate is $19.75 per square foot, plus $2.50 per square foot for taxes and expenses.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Raritan
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.6423
    Latitude
    40.5726

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    FAQs

    What type of property is this?
    Office space - Conveniently located and recently renovated office space for lease.
    Where is this office space located?
    The property is located at 575 Rte, Unit 28 Raritan, NJ.
    What are key features of this property?
    This property features: - Fully renovated center with upgraded main lobby and facade.; - Convenient location off Somerville Circle with easy access to multiple major routes (31, 202, 206, 78 & 287).; - New fitness center added to the lower level.
    (732) 469-1515
    Request Owner's contact information
    575 Rte, Unit 28 Raritan, NJ 08869
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    Raritan, NJ 08869
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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
    575 Rte, Unit 28 Raritan, NJ 08869
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