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New Office Units with Private Offices
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715 Somerset St, Somerset, NJ 08873

Newly built office units provide private offices within a mixed-use downtown building.

Property Size5,978 SF
Price / SF$0.25
Days on Market32

Property Features for 715 Somerset St

General Information

Standard status Active
Size 5,978 SF

Amenities

individual private offices
Listing Agency: REALTY ONE GROUP OPEN DOOR
Listed By: GIANNA CROCITTO
Source: Luminancerealty
Added: Jul 30 Changed: Aug 29 Last Checked: Aug 30 at 7:45PM

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 REALTY ONE GROUP OPEN DOOR

Investment Insights

Based on property information with market context.

These office units total 5,978 square feet and are arranged with established individual private offices within a multifunctional layout. The space is described as brand new and is located in a mixed-use building.

The property occupies a downtown setting with exposure to about 20,000 cars passing by each day. The building houses local businesses, adding an established commercial presence to the surrounding environment.

Key Highlights

  • 5,978 SF of office space
  • Individual private offices already established
  • Multifunctional office layout

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Hair Salon Spa & Massage 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.

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby

Demographics for 08873, NJ

55,500
Population
22,142
Households
2.5
Avg Household Size
42
Median Age
54%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,729
Density / Sq Mi
$117,866
Median Household Income
$61,727
Median Earnings
$1,942
Median Rent
$438,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Newly built office units provide private offices within a mixed-use downtown building.
Where is this office units located?
The property is located at 715 Somerset St Somerset, NJ.
What are key features of this property?
This property features: 5,978 SF of office space; Individual private offices already established; Multifunctional office layout
More about this property
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