Property profile

57 4Th St Somerville, NJ 08876

FOR SALE
Other industrial properties
Property ID
US59-0112719
0.77 ac lot
Entity Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Construction CONCRETE BLOCKS
Lot 0.77 ac (33,750 SF)
Zoning code I-2
APN 18 00054-0000-00001
UPID US59-0112719

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

57 4Th St Somerville, NJ 08876
Somerville metro Census 50400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$445k

Owner & transaction history

since 2006
3 recorded transactions
2006
$1.0M
2006
$500,000
2005
Price N/A

Zoning & alternative use

I-2 · Somerville, NJ
Zoning description

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…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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