Property profile

286 Main St Somerville, NJ 08876

OFF-MARKET
Commercial real estate
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Property ID
US59-1200466
3,502 SF 0.46 ac Built 1920
Last sale Jan 2025·$589,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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…

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?
$11k
Tax billed · 2022
Assessed value · 2023$300k
Assessed land$176k
Assessed improvement$124k
Effective rate3.76%

Value estimate

· Nov 2026
$550k
$495k – $605k
AI approach$530k
Submarket $/SF estimate$505k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$181/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$144 – $233
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center8.8
Computer & Electronic Repair8.6
Garden Center8.5

Location

286 Main St Somerville, NJ 08876-3006
County assessor Recorded deeds · 4 transfers 11 qualifying comp sales 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
177 High, Somerville, NJ 08876-1817 $535,000 Feb 2026 2,844 SF
1062 Us Hwy 22, Somerville, NJ 08876-1759 $2,556,250 May 2025 1,260 SF
72 Grv, Somerville, NJ 08876-1916 $520,000 Apr 2025 2,100 SF
69 End, Somerville, NJ 08876-1855 $595,000 Feb 2025 3,848 SF
3631 Us Hwy 22, Somerville, NJ 08876-3439 $475,000 Jan 2025 3,421 SF
3592 Us Hwy 22, Somerville, NJ 08876-3438 $1,187,363 Jul 2024 2,232 SF
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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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