Listing Agency: FRANKO REALTY LLC

Listed By: JOZSEF TOTH Show Phone

Source: Exprealty

Added: Feb 12 Changed: Aug 30 Last Checked: Aug 30 at 6:46PM

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Investment Insights

Based on property information with market context.

A 306-square-foot office unit is available on the second floor of an office building at 91 E Somerset St in Raritan Borough, New Jersey. The space is offered for rent and provides a dedicated setting for office use.

Key Highlights

• Approximately 306 SF of office space
• Positioned on the second floor
• Located at 91 E Somerset St, Raritan, NJ

Property Analytics

Property Profile

Current Use

Lou's Firearms Gun Shop MEDICAL STAFFING EXPERTS Employment Agency Dingelstedt & Co Customs Broker Chad Gillikin MSW, ... Psychotherapist ReGonz Insulation LLC General Contractor

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Storage Facility Daycare Center Real Estate Agency

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

$3.59 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

598

Businesses Nearby

Explore this area Business Placement

Demographics for 08869, NJ

7,835

Population

3,257

Households

2.4

Avg Household Size

39

Median Age

40%

College-Educated

90%

High-School Grad

2.0 sq mi

ZIP Area

3,918

Density / Sq Mi

$103,699

Median Household Income

$50,108

Median Earnings

$1,927

Median Rent

$449,200

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

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Frequently Asked Questions

What type of property is this?

Office units - Compact workspace within a professional office building in Raritan Borough.

Where is this office units located?

The property is located at 91 E Somerset St Raritan, NJ.

What is the lease rate?

The lease rate is $610/Mo.

What are key features of this property?

This property features: Approximately 306 SF of office space; Positioned on the second floor; Located at 91 E Somerset St, Raritan, NJ