Remodeled Office Space For
For Lease
$5,500/Mo
61 5Th St, Somerville, NJ 08876
5500 sq ft office space near downtown and highways.
Space SizeContact for details
Property Size5,500 SF
Lot Size1.24 Acres
Days on Market164
Property Features for 61 5Th St
General Information
Standard status
Active
Size
5,500 SF
Lot size
1.24 Acres
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$23,899
Building Details
Building Size
5,500 SF
Year Built
1999
Stories
2
Units
2
Listing Agency:
BHHS FOX & ROACH
(908) 334-9980
Listed By:
TIM DELUCCIA
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 20 at 11:34AM
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.
This is a 5500 square foot office space that can be divided into two units, one 3500 square feet and the other 2000 square feet. The space has been recently remodeled with new flooring and painted walls. The property is located close to downtown and all major highways.
Key Highlights
- 5500 sq ft office space, divisible into 3500 and 2000 sq ft units.
- Recently remodeled with new flooring and painted walls.**
- Great location close to downtown.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
933
Businesses Nearby
Explore this area
Business Placement
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
Market
Lease Benchmarks for Somerville, NJ
$17.13 /SF/Yr
Avg Asking Price
$5.54–$26 /SF/Yr
Price Range
13,268 SF
Avg Space Size
This space is priced 30% below the average of $17.13 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 5500 sq ft office space near downtown and highways.
Where is this office units located?
The property is located at 61 5Th St Somerville, NJ.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: 5500 sq ft office space, divisible into 3500 and 2000 sq ft units.; Recently remodeled with new flooring and painted walls.**; Great location close to downtown.
