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    147 Pierce Somerset, NJ 08873

    For Lease
    Contact for pricing

    Prime retail space available in a bustling Somerset County location.

    Lot size:
    4.50 Acres

    Property Features for 147 Pierce

    General Information

    Lot size
    4.50 Acres

    Building Details

    Year built
    2008

    Source: BHHS FOX & ROACH Agent TIM DELUCCIA

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

    Overview

    Retail Space in Somerset Center

    Located in the bustling business area of Somerset (Franklin Township), this retail center offers a space for rent. The property is a 37,778 square foot retail center with one available space of 1,357 square feet. Situated at a signalized intersection in Somerset County, the center benefits from high visibility.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Similar Places Nearby

    Summerfields Corner

    Map

    City
    Somerset
    County
    State
    New Jersey
    Longitude
    -74.5325
    Latitude
    40.5013

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    FAQs

    What type of property is this?
    Shopping center - Prime retail space available in a bustling Somerset County location.
    Where is this shopping center located?
    The property is located at 147 Pierce Somerset, NJ.
    What are key features of this property?
    This property features: - Prime retail center location in bustling Somerset (Franklin Township).; - High visibility at a signalized intersection.; - Located in prestigious Somerset County.
    (732) 469-1515
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    147 Pierce Somerset, NJ 08873
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    Somerset, NJ 08873
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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
    147 Pierce Somerset, NJ 08873
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