Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    58 Chambers Brk Rd Branchburg, NJ 08876-3551

    • Industrial properties
    • 1.58 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US59-3028605
    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

    • Industrial properties

    Property Details for 58 Chambers Brk Rd

    Year built
    1983
    Lot size
    1.58 lot acres
    Zone code
    I-IP
    Property type
    Industrial properties
    APN
    05 00018- 01-00001
    APU
    5000180100001

    Description

    This exceptional newly renovated 2,500 square foot office space in Somerset County presents a fantastic opportunity for a single tenant. The property boasts a traditional office layout, perfectly suited for a variety of businesses. The space includes four private offices, providing ample room for individual work or team collaboration, complemented by a large open area offering flexibility for various configurations. Recent upgrades include brand new carpeting and modern lighting throughout, creating a bright and inviting atmosphere. Ample parking is available on-site, ensuring convenient access for employees and clients. This is a gross lease at $12 per square foot, which includes all utilities, making budgeting simple and predictable. The property's location in Somerset County offers easy access to major transportation routes and local amenities. This turnkey solution requires no further investment in renovations or upgrades, allowing immediate occupancy and focus on business operations. The combination of modern amenities, convenient location, and all-inclusive lease terms makes this a highly desirable property for any business seeking a productive and comfortable workspace. Don't miss this chance to secure this exceptional office space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Branchburg
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.6929
    Latitude
    40.597
    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
    $28,354
    $1,240,000
    $385,000
    $1,625,000
    -
    $1,240,000
    $385,000
    $1,625,000

    Comparable in this City

    • Value Estimation by Request
      8.36 Acres

      51 Tannery Rd

      INDUSTRIAL (GENERAL) • 8.36 Acres
      51 Tannery Rd, Somerville, NJ 08876-6040
      View Details
    • Value Estimation by Request
      2.12 Acres

      34 Columbia Rd

      INDUSTRIAL (GENERAL) • 2.12 Acres
      34 Columbia Rd, Branchburg, NJ 08876-3519
      View Details
    • Value Estimation
      $705,000
      12.81 Acres

      6166 Columbia Rd

      INDUSTRIAL (GENERAL) • 12.81 Acres
      6166 Columbia Rd, Branchburg, NJ 08876
      View Details
    • Value Estimation by Request
      4.90 Acres

      50 County Line Rd

      INDUSTRIAL (GENERAL) • 4.90 Acres
      50 County Line Rd, Branchburg, NJ 08876-3589
      View Details
    • Value Estimation by Request

      221 Evans Way Ste B

      CONDOMINIUMS (INDUSTRIAL)
      221 Evans Way Ste B, Branchburg, NJ 08876-4300
      View Details
    • Value Estimation
      $22,945,000
      13.48 Acres

      3140 Us Hwy 22

      INDUSTRIAL (GENERAL) • 13.48 Acres
      3140 Us Hwy 22, Branchburg, NJ 08876-3548
      View Details

    Similar Nearby for Sale

    • $725,000

      Versatile Commercial Property For Sale

      Two-unit commercial property with showroom, office, and warehouse space.
      80 Somerset St, Somerville, NJ 08876
      View Details
    • $2,950,000
      10,857 SF

      Retail Building with Warehouse Space

      Freestanding retail building with warehouse in high-visibility location.
      906 Us Highway 22, Somerville, NJ 08876
      View Details
    • Contact for pricing
      45,376 SF

      Branchburg Light Industrial/Manufacturing Facility

      Climate-controlled industrial space on Route 22, ideal for manufacturing.
      3087 Us Highway 22, Somerville, NJ 08876
      View Details
    • $2,950,000
      10,857 SF

      Somerville Flex/Industrial Property For Sale

      10,857 SF flex/industrial property available in Somerville, NJ.
      906 Us Highway 22, Somerville, NJ 08876
      View Details
    • Contact for pricing
      1,600 SF

      Downtown Somerville Office Suite

      Prime Location, 1600 sq ft, $1450/month
      39 Davenport St, Somerville, NJ 08876
      View Details
    • $2,800,000
      8,250 SF

      Prime Branchburg Strip Mall

      High-yield retail investment opportunity.
      1010 Us Highway 202, Branchburg, NJ 08876
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      19,500 SF

      Branchburg Office/Warehouse Space Available

      13,250 SF office/warehouse space available in Branchburg Corporate Park.
      10 Culnen Dr, Millstone, NJ 08876
      View Details
    • $9 SF/Yr
      29,000 SF

      Somerville Warehouse Space Available

      29,000 square foot warehouse space for lease in Somerville.
      6 Bell Ave, Somerville, NJ 08876
      View Details
    • Contact for pricing
      27,600 SF

      Office/Warehouse Flex Space Available

      10,000 SF flex space for lease near major highways.
      189 Meister Ave, Branchburg, NJ 08876
      View Details
    • $550,000

      Somerville Warehouse Space Available

      Warehouse space available for rent in Somerville, New Jersey.
      86 N Gaston Ave, Somerville, NJ 08876
      View Details
    • Contact for pricing
      16,842 SF

      Somerville Warehouse Space Available

      16,842 SF warehouse space available for lease.
      60 4Th St, Somerville, NJ 08876
      View Details
    • $14 SF/Yr
      9,000 SF

      Somerville Warehouse Space Available

      9,000 SF warehouse space for lease in Somerville, NJ.
      25 4Th St, Somerville, NJ 08876
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    58 Chambers Brk Rd
    Branchburg, NJ 08876-3551
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.