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Ground-Floor Office Unit
For Lease
$3,000/Mo

23 Park Ave #23, Somerville, NJ 08876

B-2-zoned space in downtown Somerville offers convenient access for office or service-oriented operations.

Space Size3,000 SF
Days on Market178

Property Features for 23 Park Ave #23

General Information

Standard status Active
Size 3,000 SF
Net Rentable 3,000 SF
Zoning B-2

Space & Availability

Available Space 3,000 SF
Contiguous Space 3,000 SF
Floor Ground Floor
Space Use Office

Lease Terms

Lease Rate $3,000 /USD/MO
Monthly Rent $3,000
Rent per SF/Year $12
Listing Agency: Bhhs Fox & Roach
Listed By: Tim Deluccia · License #8243435
Source: Cammarotarealestate
Added: Apr 29 Changed: Oct 22 Last Checked: Oct 22 at 2:32PM

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

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Investment Insights

Based on property information with market context.

This ground-floor office and shop unit contains approximately 3,000 SF and is available for lease. Its configuration is described as suitable for office or service-oriented use, with B-2 zoning.

The property is at 23 Park Ave in downtown Somerville, New Jersey. Convenient access is noted as a feature of the location.

Key Highlights

  • Approximately 3,000 SF of ground‑floor office and shop space
  • B‑2 zoning
  • Located in downtown Somerville at 23 Park Ave

Property Analytics

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Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Storage Facility HVAC Service Auto Parts Store Computer & Electronic Repair Furniture & Home Goods

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,727
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Somerville, NJ

$17.76 /SF/Yr
Avg Asking Price
$12–$26 /SF/Yr
Price Range
16,970 SF
Avg Space Size

This space is priced 32% below the average of $17.76 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - B-2-zoned space in downtown Somerville offers convenient access for office or service-oriented operations.
Where is this office unit located?
The property is located at 23 Park Ave #23 Somerville, NJ.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Approximately 3,000 SF of ground‑floor office and shop space; B‑2 zoning; Located in downtown Somerville at 23 Park Ave
More about this property
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