Property summary
This exceptional 11,700-square-foot industrial condo unit, located at 50 Tannery Road, Unit 2, Somerville, New Jersey, is now available for lease. Situated in Hunterdon County, this single-tenant property offers a versatile space ideal for various industrial uses, including flex, warehouse, R&D, distribution, and manufacturing. Built in 1990, the building features a single story with a 21-foot ceiling height, providing ample room for operations and storage. The unit includes one loading dock and twenty total parking spaces, ensuring efficient loading and ample employee parking. The property boasts 400 amps of power, sufficient for most industrial needs. Its strategic location offers easy access to major transportation arteries, including Route 22, I-78, and I-287, providing seamless connectivity to key markets in the Northeast, such as Philadelphia and New York City. Property taxes are $2.15 per square foot. This prime location and well-equipped space present an outstanding opportunity for businesses seeking a strategic foothold in New Jersey's thriving industrial sector. The property is part of a larger 93,000 square foot building. This is a rare opportunity to secure a well-positioned industrial space in a highly desirable location. Contact us today to schedule a viewing.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
ROM2 · Branchburg, NJZoning
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Zoning designation
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The district profile from the municipal source: what is on file for ROM2 in Branchburg, NJ.
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