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Property profile & analytics
FOR LEASE
Commercial real estate

4 Essex Ave Bernardsville, NJ 07924

0.51 ac lot
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US59-0860179
Property summary
AI-generated overview

This exceptional Class A office and retail building, located at 4 Essex Avenue in the heart of Bernardsville's central business district, offers a unique investment opportunity. The property boasts a total of 37,060 square feet, providing flexible space options for various business needs. Multiple tenancy is available, with minimum divisible space starting at 1,784 square feet and a maximum contiguous space of 4,424 square feet. Currently, there are 11,753 square feet of vacant space ready for immediate occupancy. The building's prime location ensures high visibility and accessibility for businesses. On-site parking is available, with two spaces directly on the property and one additional space nearby. The property is categorized as both retail and office space, suitable for a variety of uses, including executive office suites, storefronts, and traditional office layouts. Situated in Somerset County, New Jersey, this property offers a blend of modern amenities and a desirable location within a thriving community. The zip code is 07924. This is an excellent opportunity to establish or expand your business in a vibrant and convenient location. Contact us today to learn more about leasing options and explore the possibilities this exceptional property offers.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Lot 0.51 ac (22,216 SF)
Zoning code D-CO
APN 03 00076-0000-00005
UPID US59-0860179
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
Current use
Occupant on record · Public records
  • SOCRATIC FUND MANAGEMENT LP Financial Advisor
  • Professional Answering Service, Inc. Telecommunications Service Business Service Center
  • OTEX Specialty Narrow Fabrics® Textile Manufacturer
  • PRC Capital Markets Consultant
  • FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$595k
Owner & transaction history
NOT AVAILABLE FROM DATA SOURCE
NOT AVAILABLE FROM DATA SOURCE
Zoning & alternative use
D-CO · Bernardsville, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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