1075 Easton Ave, Unit 2-1 Somerset, NJ 08873
Property Lookup
Property profile & analytics
1075 Easton Ave, Unit 2-1 Somerset, NJ 08873
- Commercial real estate
- 11,922 SF
- 7.49 lot acres
Property ID
US59-1077190
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.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 1075 Easton Ave
- Year built
- 1972
- Construction
- BRICK
- Lot size
- 7.49 lot acres
- Property size
- 11,922 SF
- Zone code
- GB
- Property type
- Commercial real estate
- APN
- 08 00259-0000-00077- 01
- APU
- 80025900000007701
Description
This exceptional 2,200 square foot retail space is situated within the bustling Village Plaza, located at 1075 Easton Avenue in Franklin Township, New Jersey, 08873. The property is part of a larger 326,221 square foot retail center situated on 7.49 acres of land, zoned GB. Its strategic location on Easton Avenue, a major commuter route providing easy access to Interstate 287 Exit 10, ensures high visibility and significant foot traffic. The space itself is a former dental office, making it readily adaptable for a variety of medical uses, including but not limited to dental, medical, hearing centers, urgent care, pharmacy, physical therapy, or even retail uses such as a candy shop or card store. The plaza boasts multiple points of ingress and egress, enhancing convenience for both tenants and customers. Village Plaza offers a diverse range of retail services, creating a one-stop shop environment that attracts a substantial customer base. This presents a unique opportunity for a business seeking a high-traffic location within an established and thriving retail center in Somerset County. The property offers single-tenant occupancy.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,340,000
- 6.5%
- $3,080,000
- 7%
- $2,860,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,599,000
Market price range: $681k - $2.60M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,470,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Somerset
- County
- Somerset
- State
- New Jersey
- Longitude
- -74.4884
- Latitude
- 40.5166
- 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
2022
$289,396
$4,000,000
$10,700,000
$14,700,000
-
$4,000,000
$10,700,000
$14,700,000
