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Office Units with Open Workspace
New
For Lease
$1,600/Mo

715 Somerset Street, Somerset, NJ 08873

Commercial Sale, Franklin Twsp, NJ

Space SizeContact for details
Lot Size0.23 Acres
Days on Market6

Property Features for 715 Somerset Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning SH
Parking features On Street
Directions From Route 27, turn onto Somerset St; property is on the right. GPS works fine.
Standard status Active
APN 0800150000000132
Size 5,978 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11623

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Wall Unit(s), Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Flooring type Wood
Building materials Brick, Vinyl Siding
Roof type Flat
Listing Agency: EXP REALTY, LLC
Listed By: Peter Boutros · License #300361
Added: Aug 25 Changed: Aug 28 Last Checked: Aug 30 at 4:06AM
MLS# 2703289R

Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office property provides 5,978 square feet within a 0.2296-acre parcel. The interior includes two private rooms and a main open office area that can be arranged for workstations, meetings, or additional enclosed offices. Separate public men’s and women’s bathrooms are provided, with two stalls in each. Wood flooring, forced-air heat, wall-unit and central air conditioning, and a flat roof complete the functional improvements.

Located at 715 Somerset Street in Franklin Township, the property has on-street parking and public water and sewer service. Construction includes brick and vinyl siding, and the building dates to 1900. Zoning is SH.

Key Highlights

  • 5,978‑square‑foot office property on a 0.2296‑acre parcel
  • Two private rooms plus a main open office area
  • Separate public men’s and women’s bathrooms with two stalls in each

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.

Lease Details

NNN (Triple Net)
Lease Type
$0.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

793
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Flexible layout combines private rooms with a main open office area.
Where is this office units located?
The property is located at 715 Somerset Street Somerset, NJ.
What is the lease rate?
The lease rate is $1,600/Mo.
What are key features of this property?
This property features: 5,978‑square‑foot office property on a 0.2296‑acre parcel; Two private rooms plus a main open office area; Separate public men’s and women’s bathrooms with two stalls in each
More about this property
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