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    475 Watchung Ave, Unit 4 Watchung, NJ 07069
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    Property profile & analytics

    475 Watchung Ave, Unit 4, Watchung, NJ 07069

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    • Commercial real estate
    • 12,293 SF
    • 1.00 lot acres
    Watchung Office Space For Sale For Sale
    $1,715,000

    Watchung Office Space For Sale

    High visibility office space with easy highway access.

    475 WATCHUNG Unit 4, Watchung, NJ 7069
    View Listing
    Property ID
    US59-1809310
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 475 Watchung Ave

    Year built
    1958
    Construction
    FRAME
    Lot size
    1.00 lot acres
    Zone code
    B-A
    Property type
    Commercial real estate
    APN
    21 04701-0000-00005
    APU
    2104701000000005

    Description

    This exceptional second-floor office space, located at 475 Watchung Avenue, Unit 7, in Watchung, NJ, presents a fantastic opportunity for businesses seeking a prominent location with easy access to major transportation routes. Boasting approximately one acre of land, this property offers ample space and high visibility, making it ideal for a variety of professional uses. The office space itself has recently undergone renovations, including fresh paint and new flooring, ensuring a modern and inviting atmosphere for employees and clients alike. Its strategic location provides convenient access to both Highway 22 and Highway 78, significantly enhancing accessibility for commuters and clients traveling from various regions. The square footage is currently unavailable, but interested parties are encouraged to inquire for further details. This property is priced at $800,000 and represents a compelling investment opportunity in a thriving Watchung business district. The combination of its prime location, updated interior, and convenient access to major roadways makes this office space a truly exceptional offering. Don't miss this chance to secure a highly visible and functional workspace in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,046,000
      Market price range: $1.42M - $4.02M
      AI Estimate
      $1,114,000
      Market price range: $528k - $1.95M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,510,000
      Current use
      OFFICE BUILDING
      $2,535,000
      Change: +1% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Watchung
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.4423
    Latitude
    40.6307
    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
    2023
    $35,697
    $625,000
    $1,235,000
    $1,860,000
    -
    $625,000
    $1,235,000
    $1,860,000
    View Listing
    More about this property
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