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Property profile & analytics
OFF-MARKET
Commercial real estate

708 Somerset St Watchung, NJ 07069

Entity Owned 1-yr Hold
Property ID
US59-1744056
Property summary
AI-generated overview

This remarkable commercial property, located at 708 Somerset Street in Watchung, New Jersey, presents a unique investment opportunity. Priced at $2,350,000, the property offers significant potential for a variety of commercial uses. While the square footage is currently unavailable, the property sits on a zero-acre lot, suggesting a compact and potentially highly efficient layout. The property type is classified as "Other," indicating a versatile space adaptable to diverse business needs. Its location in Watchung, NJ, offers access to a thriving community and convenient transportation links. Further details regarding the property's specific features, zoning regulations, and potential uses are available upon request. Interested parties are encouraged to conduct their own due diligence to assess the suitability of this property for their specific business objectives. This is a rare chance to acquire a strategically located commercial property in a desirable New Jersey market. The absence of specified square footage underscores the need for a thorough on-site inspection to fully appreciate the property's dimensions and layout. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
UPID US59-1744056
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
708somerset LLC · 1 yrs held
708somerset LLC
since 2025
3 recorded transactions
2025
$2.1M
2021
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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