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Property profile & analytics

1101 Randolph Rd Franklin Township, NJ 08873

  • Commercial real estate
  • 31,536 SF
  • 8.48 lot acres
Value Estimation
Location Intelligence
Property ID
US59-2446925
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1101 Randolph Rd

Lot size
8.48 lot acres
Property size
31,536 SF
Zone code
PAC
Property type
Commercial real estate
APN
08 00516- 09-00055
APU
8005160900055

Description

The Shops at Summerfields, located at 1101 Randolph Rd in Somerset, NJ (zip code 08873), presents a compelling retail investment opportunity in Franklin Township, Somerset County. This established shopping center offers a total of 21,000 square feet of retail and restaurant space, currently featuring multiple tenants. There are 3,500 square feet of immediately available space, divisible into units ranging from a minimum of 1,400 square feet to a maximum contiguous space of 2,100 square feet. This makes it ideal for a variety of businesses seeking flexible space options. The property boasts ample parking with 166 spaces available for customers and employees, ensuring convenient access for patrons. The center's strategic location in Franklin Township, New Jersey provides excellent visibility and accessibility, making it an attractive destination for shoppers. This is a chance to establish or expand your business in a thriving retail environment with a strong existing tenant base. The property is conveniently located at 40.5304102, -74.5567181. Serious inquiries are encouraged.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Somerset
County
Somerset
State
New Jersey
Longitude
-74.5565
Latitude
40.5361
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$133,239
$2,000,000
$4,500,000
$6,500,000
-
$2,000,000
$4,500,000
$6,500,000
More about this property
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