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Retail Space with Parking

7 W Main St, Somerville, NJ 08876

For Lease
$36 SF/Yr

A storefront in downtown Somerville is surrounded by shops, cafés, and restaurants.

Space Size800 SF
Days on Market12

Property Features for 7 W Main St

General Information

Standard status Active
Size 800 SF
Net Rentable 800 SF
Total Parking Spaces 2
Property subtype Commercial
Lease Type Gross

Space & Availability

Available Space 800 SF
Contiguous Space 800 SF
Space Use Retail

Lease Terms

Lease Rate $36 /SF/YR
Monthly Rent $2,400
Rent per SF/Year $36

Taxes and HOA fees

Annual Taxes $14,839

Building Details

Building Size 800 SF
Listing Agency: BHHS FOX & ROACH
Listed By: TIM DELUCCIA
Source: Elliman
Added: Oct 30 Last Checked: Nov 8 at 6:44AM

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

Rey
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Investment Insights

Based on property information with market context.

This 800 SF retail space is located at 7 W Main St in downtown Somerville. Two off-street parking spaces are available in a private lot behind the building.

The surrounding downtown area includes specialty shops, cafés, and restaurants.

Key Highlights

  • 800 SF of retail space
  • Two off‑street parking spaces in a private lot behind the building
  • Located on W Main St in downtown Somerville, near shops, cafés, and restaurants

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Storage Facility HVAC Service Computer & Electronic Repair Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center

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
$5.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,757
Businesses Nearby
107k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 52% Dining 26% Shops & Services 21%
ShopRite Groceries
55,863 visits/mo 0.1 miles
Starbucks Dining
14,696 visits/mo 0.2 miles
Chase Bank Shops & Services
10,843 visits/mo 0.2 miles
Bank of America Shops & Services
10,042 visits/mo 0.2 miles
Playa Bowls Dining
7,943 visits/mo 0.2 miles

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

$20.4 /SF/Yr
Avg Asking Price
$3–$36 /SF/Yr
Price Range
9,481 SF
Avg Space Size

This space is priced 76% above the average of $20.4 /SF/Yr.

Properties on Market for Retail space in Somerset County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A storefront in downtown Somerville is surrounded by shops, cafés, and restaurants.
Where is this retail space located?
The property is located at 7 W Main St Somerville, NJ.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: 800 SF of retail space; Two off‑street parking spaces in a private lot behind the building; Located on W Main St in downtown Somerville, near shops, cafés, and restaurants
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