Building Details

Tenancy Single

Spaces For Lease

at 34 E Somerset St

Available Space Active

Size 1,350 SF

Type Office

Lease Type NNN

Contact us

Listing Agency: Deluccia Commercial Group/Berkshire Hathway Fox & Roach Realtors.

Listed By: Tim Deluccia · License #8243435 Show Phone

Source: Crexi

Added: Mar 16 Changed: Aug 8 Last Checked: Aug 8 at 6:34AM

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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 Deluccia Commercial Group/Berkshire Hathway Fox & Roach Realtors.

Investment Insights

Based on property information with market context.

This commercial real estate offers an office space available for rent. The property is suitable for single tenant occupancy and provides 1,350 square feet of space. The property is located in Raritan, New Jersey.

Key Highlights

• Office property perfect for your business needs.
• Single tenant occupancy.
• 1,350 sqft of space.

Property Analytics

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Current Use

Morristown Memorial Wound ... Physician Morristown Memorial Wound ... Physician Shah Ashish MD Physician Morristown Memorial Wound ... Physician Morristown Memorial Wound ... Physician

Suggested Use

Top Pick Computer & Electronic Repair Storage Facility Garden Center Electrical Service Tanning Salon (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

$2.25 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

979

Businesses Nearby

Explore this area Business Placement

Demographics for 08869, NJ

7,835

Population

3,257

Households

2.4

Avg Household Size

39

Median Age

40%

College-Educated

90%

High-School Grad

2.0 sq mi

ZIP Area

3,918

Density / Sq Mi

$103,699

Median Household Income

$50,108

Median Earnings

$1,927

Median Rent

$449,200

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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Single tenant office space available for rent in Raritan.

Where is this office units located?

The property is located at 34 E Somerset St Raritan, NJ.

What is the lease rate?

The lease rate is $15 SF/Yr.

What are key features of this property?

This property features: Office property perfect for your business needs.; Single tenant occupancy.; 1,350 sqft of space.