10 Gaston Ave Somerville, NJ 08876-2434
This exceptional commercial property at 10 N Gaston Avenue N #6 in Somerville, New Jersey, presents a unique investment opportunity. The two-story building, zoned PO-R, offers a total of 5 square feet of office space, ideally suited for an executive office or similar commercial use. The property boasts a total of ten parking spaces, conveniently located both in the rear parking lot and on the street, ensuring ample parking for tenants and visitors. The interior features a mix of vinyl and ceramic flooring, wall-to-wall carpeting in select areas, and multiple versatile rooms. Unit 4 includes two multipurpose rooms, a half-bath with ceramic tile flooring, and a storage closet. Unit 6 offers nine multipurpose rooms, two half-baths, and a dedicated storage room. Building amenities include drop ceilings, a sprinkler system, and forced-air central air conditioning. Its strategic location in Somerville provides excellent visibility and easy access to shopping, dining, and public transportation. Furthermore, its proximity to major roadways like Routes 206, 22, and 287 ensures convenient commuting for employees and clients. This single-tenant property, with its attractive features and convenient location, represents a compelling opportunity for businesses seeking a thriving environment in a desirable New Jersey market. The property's APN is 18000460100004.
e Family Residence District. § 102-100 R-2 Single Family Residence District. § 102-101 R-3 Single Family Residence District. § 102-102 G Garden Apartment District. § 102-103 SC Senior Citizen Housing District. § 102-104 PO-R Professional Office-Residential District. § 102-105 B-1 Central Business District. § 102-106 B-2 Central Business District. § 102-107 B…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PO-R · Somerville, NJe Family Residence District. § 102-100 R-2 Single Family Residence District. § 102-101 R-3 Single Family Residence District. § 102-102 G Garden Apartment District. § 102-103 SC Senior Citizen Housing District. § 102-104 PO-R Professional Office-Residential District. § 102-105 B-1 Central Business District. § 102-106 B-2 Central Business District. § 102-107 B-3 Business Services District. § 102-108 B-4 Neighborhood Business - Residential Dis
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.