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Office Building with Executive Covered Parking
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270 Davidson Ave, Somerset, NJ 08873

Office building featuring executive covered parking, a fitness center, and on-site dining with shared conference space.

Property Size12,031 SF
Days on Market1267

Property Features for 270 Davidson Ave

General Information

Standard status Active
Size 12,031 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Amenities

Executive covered parking
Fitness center
On-site cafe
Shared conference center
On-site property management

Building Details

Year Renovated 2014
Listing Agency: Colliers | Parsippany
Listed By: Michael Tesser, CCIM
Source: Moodyscre
Added: Feb 10, 2023 Changed: Jul 30 Last Checked: Jul 30 at 4:37AM

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 Colliers | Parsippany

Investment Insights

Based on property information with market context.

270 Davidson Ave is an office building that underwent capital plans completed in 2014, including a new roof, parking lot improvements, a fire alarm system upgrade, and a new front entrance.

The property offers executive covered parking plus on-site property management. Amenities include a fitness center, an on-site cafe, and a shared conference center. Access is supported by a 4-way interchange on Route 287 at Exit 10, with Routes 18, 22, and 27 nearby.

Additional convenience is provided by proximity to restaurants and hotels.

Key Highlights

  • Capital plans completed in 2014 with new roof, parking lot, fire alarm system, and new front entrance
  • Executive covered parking
  • Fitness center

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.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

691
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 - Office building featuring executive covered parking, a fitness center, and on-site dining with shared conference space.
Where is this office building located?
The property is located at 270 Davidson Ave Somerset, NJ.
What are key features of this property?
This property features: Capital plans completed in 2014 with new roof, parking lot, fire alarm system, and new front entrance; Executive covered parking; Fitness center
(908) 625-1365 Call to check price and availability
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