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    339 Somerset St North Plainfield, NJ 07060

    Sponsored
    For Lease
    $16 SF/Yr ($2,666 /Mo)

    Newly renovated, flexible office suites available.

    Lot size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,000 square foot office building, completely renovated in 2022, offers a variety of workspace options perfect for businesses of all sizes. The building features six spacious individual offices ranging from 300 to 330 square feet, each designed for optimal productivity and comfort. Five of the six offices enjoy abundant natural light, creating a bright and inviting atmosphere. Shared amenities include two modern bathrooms, a brand-new kitchen, and a fully equipped conference room, ensuring a seamless and efficient workflow. The building is a multi-tenant property, offering flexibility and a collaborative environment. Monthly rent starts at $400 for the smallest suite and includes all utilities and dedicated high-speed Wi-Fi, eliminating the hassle of additional expenses. Located in Somerset County, this property boasts a convenient and desirable location. Built in 1985 and meticulously updated in 2022, this building offers a blend of classic charm and modern functionality. The property taxes are $12 per square foot. Don't miss this opportunity to secure your ideal workspace in this highly sought-after location.

    Property Features for 339 Somerset St

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000 SF
    Total Rate
    2666.67

    Building Details

    Year Built/Renovated
    1985/2022

    Unit(s) available at that property

    Space
    G1
    Size
    300 SF
    Rate per SF
    $16
    Space
    G3
    Size
    300 SF
    Rate per SF
    $20
    Space
    G4
    Size
    300 SF
    Rate per SF
    $20
    Space
    G6
    Size
    330 SF
    Rate per SF
    $20

    HighLights

    • 2,000 SF office building in Somerset County.
    • Multiple suites available, ranging from 300‑330 SF.
    • Traditional, creative, executive, and coworking space options.
    • Recently renovated in 2022 (originally built 1985).
    • $12/SF annual property taxes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coworking space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Plainfield
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.430006589968
    Latitude
    40.622126081597

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    FAQs

    What type of property is this?
    Coworking space - Newly renovated, flexible office suites available.
    Where is this coworking space located?
    The property is located at 339 Somerset St North Plainfield, NJ.
    What is the lease rate?
    The lease rate is $16-$20 SF/Yr.
    What are key features of this property?
    This property features: 2,000 SF office building in Somerset County.; Multiple suites available, ranging from 300-330 SF.; Traditional, creative, executive, and coworking space options.
    Request Owner's contact information
    339 Somerset St North Plainfield, NJ 07060
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    North Plainfield, NJ 07060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    339 Somerset St North Plainfield, NJ 07060
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