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Property profile & analytics

475 Brg St Bridgewater, NJ 08807-2153

  • Commercial real estate
  • 5,390 SF
  • 1.60 lot acres
OFF-MARKET
Value Estimations
$1,290,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US59-3061960
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.

Current Use by Public Records

  • GHILENE JOSEPH / Physician
  • Alexis Rodriguez / Physician

Property Details for 475 Brg St

Lot size
1.60 lot acres
Property size
5,390 SF
Zone code
C6
Property type
Commercial real estate
APN
06 00509-0000-00003
APU
600509000000003

Description

This exceptional two-story office building, totaling 17,000 square feet, is situated on North Bridge Street in Bridgewater Township, a highly desirable location in Somerset County. The building boasts a prime position along a major thoroughfare, experiencing over 16,000 vehicles daily. Currently housing a mix of established businesses including dental, physical therapy, accounting, acupuncture, and educational services, this property offers multiple tenancy options. Available spaces range from 1,900 to 4,500 contiguous square feet, with a total of 1,700 square feet currently vacant. In January 2025, an additional 4,952 rentable square feet will become available, previously occupied by a bank branch with a drive-thru. The building features 90 parking spaces and is conveniently located near major roadways including Routes 22, 28, 206, 202, 287, the Garden State Parkway, and the New Jersey Turnpike. Its proximity to the Bridgewater Post Office, Library, Mall, Marriott, and the Somerset SJP Corporate Park further enhances its appeal. The building's 2010 construction ensures modern amenities, and its Office/Commercial zoning provides flexibility for a variety of businesses. The lot size spans 1-2 acres. This is a rare opportunity to secure office space in a thriving, well-connected community.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,510,000
    6.5%
    $1,395,000
    7%
    $1,295,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,277,000
    Market price range: $652k - $1.28M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,380,000
    Current use
    INDUSTRIAL (GENERAL)
    $1,815,000
    Change: +32% Conversion: Moderate
    OFFICE BUILDING
    $1,110,000
    Change: -19% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Bridgewater
County
Somerset
State
New Jersey
Longitude
-74.6089
Latitude
40.5863
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
$48,962
$1,216,000
$1,168,900
$2,384,900
-
$1,216,000
$1,168,900
$2,384,900
More about this property
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