Somerville, NJ Office Units for Lease
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Similar Spaces for Sale in Somerville, NJ
Somerville, NJ Office Units Lease Rates & Market Statistics
Explore 11 Office Units for lease in Somerville, NJ on Realmo, a commercial real estate exchange covering the Somerville area. The current inventory totals 102,034 square feet of properties — an average of ~9,300 SF per listing.
Office Units lease rates in Somerville range from $12 SF/Yr at the entry level to $26 SF/Yr at the top of the market, averaging $18.97 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $18.97 SF/Yr is 19% below the New Jersey state average of $23.34 SF/Yr.
Somerville accounts for 13% of the 86 office units currently available across Somerset County, where nearby markets include Bridgewater and Somerset. Office Units make up 92% of the 12 Office Spaces currently for lease in Somerville, with asking rates in line with the citywide Office Spaces average.