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 16 Office Units for lease in Somerville, NJ on Realmo, a commercial real estate exchange covering the Somerville area. The current inventory totals 115,721 square feet of properties — an average of ~7,250 SF per listing.
Office Units lease rates in Somerville range from $6 SF/Yr at the entry level to $50 SF/Yr at the top of the market, averaging $21.13 SF/Yr. That's a 8x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $21.13 SF/Yr is 11% below the New Jersey state average of $23.69 SF/Yr.
Somerville accounts for 16% of the 100 office units currently available across Somerset County, where nearby markets include Bridgewater and Somerset. Office Units make up 84% of the 19 Office Spaces currently for lease in Somerville, with asking rates in line with the citywide Office Spaces average.