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Two-Story Medical Office Building
For Sale
Contact for pricing
Pending

477 Hamilton St, Somerset, NJ 08873

Two-story office building offers 5,860 SF and parking for 21 cars, near RWJ and St. Peter’s University Hospitals.

Property Size5,860 SF
Days on Market143

Property Features for 477 Hamilton St

General Information

Standard status Pending
Size 5,860 SF
Total Parking Spaces 21
Property subtype Office

Building Details

Stories 2
Listing Agency: Davis Realtors
Listed By: Stuart Davis · License #NJ 8541355
Source: Crexi
Added: Apr 11 Changed: Aug 16 Last Checked: Aug 29 at 3:13AM

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 Davis Realtors

Investment Insights

Based on property information with market context.

This two-story office building totals 5,860 SF and includes parking for 21 cars. The property is presented as well-suited for an owner-user, particularly for medical use.

Located at the gateway to the Hamilton Street business district revitalization, the building is within one mile of RWJ University Hospital and St. Peter’s University Hospital.

The property also notes potential for conversion to multi-unit residential, including student housing.

Key Highlights

  • 2‑story office building with 5,860 SF
  • On‑site parking for 21 cars
  • Located at the gateway to the Hamilton Street business district revitalization area

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Hair Salon Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby

Demographics for 08873, NJ

55,500
Population
22,142
Households
2.5
Avg Household Size
42
Median Age
54%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,729
Density / Sq Mi
$117,866
Median Household Income
$61,727
Median Earnings
$1,942
Median Rent
$438,600
Median Home Value

Market

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 building - Two-story office building offers 5,860 SF and parking for 21 cars, near RWJ and St. Peter’s University Hospitals.
Where is this office building located?
The property is located at 477 Hamilton St Somerset, NJ.
What are key features of this property?
This property features: 2‑story office building with 5,860 SF; On‑site parking for 21 cars; Located at the gateway to the Hamilton Street business district revitalization area
(732) 254-6700 Call to check price and availability
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