Two-Story Office Building in
211 Somerville Rd Bedminster, NJ
For Sale
Contact for pricing
Two-story office building with upscale finishes and private offices.
Property Size5,100 SF
Lot Size0.77 Acres
Price / SF$245.10
Days on Market363
Property Features for 211 Somerville Rd
General Information
Standard status
Active
Size
5,100 SF
Lot size
0.77 Acres
Property subtype
OFFICE
Listing Agency:
Newmark & Associates, Inc.
(973) 722-2979
Listed By:
Marjorie Dorne Murphy
(973) 722-2979
Source:
Moodyscre
Added: Jul 31, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:18AM
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 Newmark & Associates, Inc.
Investment Insights
Based on property information with market context.
This is a two-story building with approximately 5100 square feet, with each floor comprising around 2550 square feet. The first floor features a reception area, a conference room, a kitchen, and nine private windowed offices. The second floor includes a reception area, a conference room, a kitchen, and eight private windowed offices. Both floors have bullpen/secretarial areas and two private bathrooms each. The property also has printer stations, supply closets, and storage spaces. The building features upscale finishes throughout.
Key Highlights
- Approx 5100 sf, 2‑story building with approx 2550 sf per floor.
- Two floors, each with a reception area, conference room, kitchen, and private bathrooms.
- Multiple private windowed offices (9 on the first floor, 8 on the second floor).
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.0k | $30.00 |
| − Vacancy | −$49.0k | −$9.60 |
| EGI | $104.0k | $20.40 |
| − OpEx | −$26.0k | −$5.10 |
| NOI | $78.0k | $15.30 |
5,100 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.11M
$975.4K – $1.30M
NOI $78,030 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.17M – $1.55M
NOI $93,220 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building with upscale finishes and private offices.
Where is this office building located?
The property is located at 211 Somerville Rd Bedminster, NJ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approx 5100 sf, 2‑story building with approx 2550 sf per floor.; Two floors, each with a reception area, conference room, kitchen, and private bathrooms.; **Multiple private windowed offices (9 on the first floor, 8 on the second floor).**
