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Downtown Somerville Office Space Available
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50 Division St, Somerville, NJ 08876

5,945 SF office suite in downtown Somerville for lease.

Space SizeContact for details
Property Size5,945 SF
Lot Size0.75 Acres
Days on Market164

Property Features for 50 Division St

General Information

Standard status Active
Size 5,945 SF
Lot size 0.75 Acres
Property subtype Commercial / Office

Building Details

Building Size 5,945 SF
Year Built 9999
Stories 5
Listing Agency: BHHS FOX & ROACH
Listed By: TIM DELUCCIA · License #8243435
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 11:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS FOX & ROACH

Investment Insights

Based on property information with market context.

A 5,945 square-foot office suite is available for rent on the second floor of a five-story Class "A" office building. The building has a total area of 73,068 square feet. It is situated in the heart of downtown Somerville, across from the NJ Transit Somerville Station and the Post Office. The property includes covered parking and 292 free surface parking spaces. The location is within walking distance of the train station and the County Court House/Administration Complex. It is also located minutes from Routes 22, 28, 202/206, 287, and 78.

Key Highlights

  • 5,945 SF Class "A" office suite available
  • Located across from NJ Transit Somerville Station
  • Heart of downtown location

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Auto Parts Store Storage Facility Computer & Electronic Repair Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,757
Businesses Nearby

Demographics for 08876, NJ

22,849
Population
9,717
Households
2.4
Avg Household Size
40
Median Age
56%
College-Educated
94%
High-School Grad
16.0 sq mi
ZIP Area
1,428
Density / Sq Mi
$120,823
Median Household Income
$70,464
Median Earnings
$1,776
Median Rent
$468,400
Median Home Value

Market

Lease Benchmarks for Somerville, NJ

$17.13 /SF/Yr
Avg Asking Price
$5.54–$26 /SF/Yr
Price Range
13,268 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - 5,945 SF office suite in downtown Somerville for lease.
Where is this office units located?
The property is located at 50 Division St Somerville, NJ.
What are key features of this property?
This property features: 5,945 SF Class "A" office suite available; Located across from NJ Transit Somerville Station; Heart of downtown location
More about this property
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