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Property profile & analytics
FOR LEASE
Commercial real estate

72 W End Ave Somerville, NJ 08876

0.47 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US59-0265488
Property summary
AI-generated overview

This exceptional 7,040 square foot free-standing medical/office building in Somerville, New Jersey, presents a compelling investment opportunity. Located at 72 West End Avenue, 08876, the property boasts a meticulously maintained brick exterior and is situated on professionally landscaped grounds. The building features a newly paved 37-car private parking lot, ensuring ample parking for tenants and visitors. Recent upgrades include a new roof and HVAC system, contributing to the building's excellent condition. Currently, the building is fully leased to two tenants: a medical office affiliated with RWJ occupying 4,910 square feet, and a law firm leasing the remaining 2,130 square feet on the second floor. The property generates a net operating income (NOI) of $92,555. This turnkey investment offers a strong return and the benefit of long-term, stable tenants in a desirable location within Somerset County. The building's dual-use functionality as both medical and traditional office space enhances its versatility and appeal to a broad range of potential tenants. The property's excellent condition, coupled with its strong financial performance, makes it an attractive opportunity for discerning investors seeking a stable and profitable addition to their portfolio. The location in Somerville, NJ offers easy access to major transportation routes and amenities.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Lot 0.47 ac (20,301 SF)
APN 18 00136-0000-00019
UPID US59-0265488
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
$1.11M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.12M
Owner & transaction history
April First Holdings LLC · 1 yrs held
April First Holdings LLC
since 2025
Last sale
$1.1M
2 recorded transactions
2025
$1.1M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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