916 Somerset St, Watchung, NJ 07069-6341
- Commercial real estate
- 6,050 SF
- 1.79 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 916 Somerset St
- Year built
- 1979
- Construction
- FRAME
- Lot size
- 1.79 lot acres
- Zone code
- B-A
- Property type
- Commercial real estate
- APN
- 21 04409-0000-00002
- APU
- 2104409000000002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 3, 2025 | — | Crestview Construction LLC | Horst Oertel | Deed | — |
Description
This exceptional 1,500 square foot office space is situated on the second floor of a two-story, 6,000 square foot building located at 916 Somerset Street in Watchung, New Jersey, 07069. The property boasts a modified gross lease (tenant responsible for electricity and heat) and is part of a single-tenant occupancy building. The suite features a shared bathroom and is situated on a 7,958 square foot lot, providing ample parking for employees and visitors. This prime location offers excellent visibility from a prominent road and is highly accessible, being just five minutes from I-78 exit 40 and two minutes from US 22. Commuting is further simplified by its proximity to Newark Liberty Airport (approximately 30 minutes) and lower Manhattan (approximately 45 minutes). The property is zoned commercial and offers a strategic location for businesses seeking high visibility and convenient access. The building is classified as Executive Office, Creative Office, and Traditional Office space, making it suitable for a variety of business needs. This is a fantastic opportunity to establish a presence in a thriving and easily accessible area. The property's APN is 21-04409-0000-00002.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $910,000
Market price range: $700k - $1.98M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,235,000 Current use
- OFFICE BUILDING
- $1,250,000 Change: +1% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Watchung
- County
- Somerset
- State
- New Jersey
- Longitude
- -74.4475
- Latitude
- 40.6359
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
