Property summary
The property is a 12,500-square-foot commercial building that includes approximately 4,000 square feet of warehouse space along with professional office areas. The office component features private offices, conference rooms, a bullpen area, and a cafeteria. The warehouse portion has 20-foot ceilings, drive-in access, and tailboard loading. The building is located in Somerville Boro, New Jersey, within an I-2 Light Industrial zoning district. It is configured for use under industrial/commercial tenancy and has historically been operated as leased space under a triple-net structure, with the lease term running through December 31, 2026.
Property profile
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
iness Services District. § 102-108 B-4 Neighborhood Business - Residential District. § 102-109 B-5 Highway Business District. § 102-110 B-6 Shopping Center Business District. § 102-111 I-1 Industrial District. § 102-112…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
I-2 · Somerville, NJiness Services District. § 102-108 B-4 Neighborhood Business - Residential District. § 102-109 B-5 Highway Business District. § 102-110 B-6 Shopping Center Business District. § 102-111 I-1 Industrial District. § 102-112…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
iness Services District. § 102-108 B-4 Neighborhood Business - Residential District. § 102-109 B-5 Highway Business District. § 102-110 B-6 Shopping Center Business District. § 102-111 I-1 Industrial District. § 102-112…
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The district profile from the municipal source: what is on file for I-2 in Somerville, NJ.
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