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Financial
Distress signals
Property profile

10 N Gaston Ave Somerville, NJ 08876

FOR LEASE
Other office properties
Property ID
US59-0078285
Built 1988
Last sale Aug 2026 · $72,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
10 N Gaston Ave, Somerville, NJ 08876 For Lease
$1,500/Mo 10,000 SF available
10 N Gaston Ave, Somerville, NJ 08876
View Listing

Property summary

AI-generated overview

This second-floor medical office condominium is configured around a former dental practice and is arranged to support clinical and professional use. The suite includes nine exam rooms or private offices, a substantial reception area with administrative workspace, two restrooms, a dedicated storage room, and a lab or kitchen area. The building features central air and finishes of tile and carpet, and the property was built in 1988. The office is located near downtown Somerville, the train…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$4k
Tax billed · 2022
Assessed value · 2023$99k
Assessed land$74k
Assessed improvement$25k
Effective rate3.76%

Value estimate

· Oct 2026
$105k
$95k – $116k
NOI build-up
Gross scheduled income$300k
Vacancy & credit loss−$96k
Operating expenses−$51k
NOI · 10,200.00% cap applied$153k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$206/SF
County average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$102 – $303

Cap rate analysis

How does the asset earn?
10,200.00%
$153k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PO-R
The intent of this zone is to promote professional office and residential district uses
General categoryRESIDENTIAL
JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner9.2
Computer & Electronic Repair8.6
Garden Center8.5

Location

10 N Gaston Ave Somerville, NJ 08876
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3421 Us Hwy 22, Branchburg, NJ 08876-6026 $3,000,000 Jun 2022 No data
56 Un, Somerville, NJ 08876-2000 $405,000 Dec 2021 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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