Somerville, NJ Storefront Properties for Lease
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Storefront properties for Lease in Nearby Cities
Similar Spaces for Sale in Somerville, NJ
Potential Development Sites for Consideration
Somerville, NJ Storefront properties Lease Rates & Market Statistics
Explore 7 Storefront properties for lease in Somerville, NJ on Realmo, a commercial real estate exchange covering the Somerville area. The current inventory totals 48,704 square feet of properties.
Storefront properties lease rates in Somerville range from $3.15 SF/Yr at the entry level to $3.15 SF/Yr at the top of the market, averaging $3.15 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $3.15 SF/Yr is 88% below the New Jersey state average of $26.45 SF/Yr.
Somerville accounts for 33% of the 21 storefront properties currently available across Somerset County, where nearby markets include Bound Brook and Somerset. Storefront properties make up 41% of the 17 Retail properties & Spaces currently for lease in Somerville, with asking rates averaging $3.15 SF/Yr — 80% below the citywide Retail properties & Spaces average of $16.07 SF/Yr.