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Office Units with Private Offices
New
For Lease
$1,500/Mo

715 Somerset Street, Somerset, NJ 08873

A 5,978-square-foot office property offers established private offices within a mixed-use building.

Space SizeContact for details
Property Size5,978 SF
Days on Market2

Property Features for 715 Somerset Street

General Information

Standard status Active
Size 5,978 SF
Zoning SH

Additional Details

Space Use Office

Taxes and HOA fees

Annual Taxes $11,623

Building Details

Building Size 5,978 SF
Stories 2
Listing Agency: REALTY ONE GROUP OPEN DOOR
Listed By: Gianna Crocitto
Source: Lacerdarealtors
Added: Oct 29 Last Checked: Oct 29 at 2:43PM

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

Rey
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Investment Insights

Based on property information with market context.

This office property comprises 5,978 square feet and includes individual private offices. It is one of two available units in a mixed-use building that houses local businesses.

The property is at 715 Somerset Street in Somerset County, New Jersey, with reported passing traffic of about 20,000 cars per day. Zoning is SH.

Key Highlights

  • 5,978 square feet of office space
  • Individual private offices are already configured
  • One of two available units

Property Analytics

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

Current Use

Office Units

Suggested Use

Top Pick Locksmith Carpet & Flooring Store Computer & Electronic Repair Veterinary Clinic Catering Service Storage Facility

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
$0.45 /SF/Yr
CAM

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Somerset, NJ

$14.05 /SF/Yr
Avg Asking Price
$3.01–$28.8 /SF/Yr
Price Range
10,981 SF
Avg Space Size

This space is priced 79% below the average of $14.05 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - A 5,978-square-foot office property offers established private offices within a mixed-use building.
Where is this office unit located?
The property is located at 715 Somerset Street Somerset, NJ.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 5,978 square feet of office space; Individual private offices are already configured; One of two available units
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