57 4th St Somerville, NJ 08876
12,500 SF office with warehouse, leased until 2026.
- Added:
- May 15, 2026
- Days on Market:
- 57
- Last Refresh:
- Jul 4 at 9:29 am
Property Features for 57 4th St
General Information
- Standard status
- Active
- Size
- 12,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1987
Listing office BHHS FOX & ROACH (732) 469-1515
Listing date May 15, 2026
Source Corcoran
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
Investment Insights
Based on property information with market context.
Key Highlights
- Net Operating Income (NOI) of $186,000 with a 7.5% Cap Rate.
- Leased to an excellent credit tenant under a true triple net lease until December 31, 2026.
- Large 12,500 SF office building with an additional 4,000 SF warehouse space.
Local Financial Insights For Warehouse
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 | $213.0k | $17.04 |
| − Vacancy | −$12.6k | −$1.01 |
| EGI | $200.4k | $16.03 |
| − OpEx | −$30.1k | −$2.41 |
| NOI | $170.4k | $13.63 |
Alternative Uses
Property Analytics
Current Use by Public Records
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