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Property profile & analytics
OFF-MARKET Estimated value $555,000
Commercial real estate

286 Main St Somerville, NJ 08876-3006

3,502 SF 0.46 ac lot Built 1920
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US59-1200466
Property summary
AI-generated overview

This exceptional 3,665 square foot office space at 286 E MAIN ST, Somerville, NJ, is situated on a 0.46-acre lot and presents a unique opportunity for a variety of businesses. The main level boasts 2,600 square feet, featuring two entrances with handicap accessibility. A spacious waiting room and reception area seamlessly flow into eight large rooms, easily adaptable as either two offices and six exam rooms or one office and seven exam rooms. Four rooms are equipped with sinks and vanity/desk stations, catering to specific professional needs. Additional features include a dedicated x-ray room, nurses' station, pantry, break room, and a rolladex filing room, along with a washroom. The entire space is meticulously wired with Category 6 Ethernet networking, ensuring seamless connectivity. The electrical system has been upgraded to LED lighting for energy efficiency. The building benefits from a dual-zone HVAC system, providing climate control for both the waiting/reception area and offices, and the exam rooms, pantry, and nurses' station. The entire 2,600 square foot main level features attractive porcelain flooring with a wood-look finish. Pre-wiring for security systems is also in place. The property is offered at $22 per square foot, plus utilities.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Total area 3,502 SF
Lot 0.46 ac (20,000 SF)
Zoning code PO-R
APN 18 00048-0000-00013
UPID US59-1200466
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
$505k
Blend (final) Blend
$555k
Owner & transaction history
Inspire Estates LLC · 1 yrs held
Inspire Estates LLC
since 2025
Last sale
$589,000
4 recorded transactions
2025
$589,000
2019
$435,000
2016
$270,000
2004
$1
Zoning & alternative use
PO-R · Somerville, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $720,000 +14.0%
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