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    166 W Main St

    Somerville Boro, NJ 08876
    • $2,100,000
    • STATUS: Active
    • ON SITE: 164 days
    • ID#: 3633694
    $2,100,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,441
      SQFT
    • $201
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    UNBELIEVABLE: THREE UNIT CLASS "A" OFFICE BUILDING (FORMER DEAN WITTER OFFICE), ONE STORY 10,441 SF BUILDING ON .31 ACRE ON MAIN STREET IN THE HEART OF DOWNTOWN SOMERVILLE THE COUNTY SEAT FOR PRESTIGIOUS SOMERSET COUNTY, THE SUBJECT PROPERTY OFFERS AN EXCELLENT INVESTMENT OPPORTUNITY FOR OFFICE/RETAIL OWNER-USER AND OR REDEVELOPMENT OPPORTUNITY FOR DEVELOPER FOR MIXED USE PROJECT. NJ TRANSIT SOMERVILLE STATION AND COUNTY COURT AND ADMINISTRATION COMPLEX IS WALKING DISTANCE ALONG WITH BORO PARKING LOT DIRECTLY BEHIND SUBJECT PROPERTY. "SOMERVILLE TOWN CENTER" PHASE ii - 100+ RESIDENTIAL UNITS PLUS 50,000 SF RETAIL DIRECTLY ACROSS THE STREET.

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    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nexthome Force Realty Partners. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Nexthome Force Realty Partners are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-10-30T22:46:48.15.
    www.forcenj.com/homes/106028460
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    166 W Main St Somerville Boro, NJ 08876

    • Price: $2,100,000
    • Status: Active
    • ID#: 3633694
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    10,441
    SQFT
    $201
    $/SQFT
    Neighborhood:
    Downtown
    County:
    Somerset
    Area:
    Somerville Boro
    Property Description
    UNBELIEVABLE: THREE UNIT CLASS "A" OFFICE BUILDING (FORMER DEAN WITTER OFFICE), ONE STORY 10,441 SF BUILDING ON .31 ACRE ON MAIN STREET IN THE HEART OF DOWNTOWN SOMERVILLE THE COUNTY SEAT FOR PRESTIGIOUS SOMERSET COUNTY, THE SUBJECT PROPERTY OFFERS AN EXCELLENT INVESTMENT OPPORTUNITY FOR OFFICE/RETAIL OWNER-USER AND OR REDEVELOPMENT OPPORTUNITY FOR DEVELOPER FOR MIXED USE PROJECT. NJ TRANSIT SOMERVILLE STATION AND COUNTY COURT AND ADMINISTRATION COMPLEX IS WALKING DISTANCE ALONG WITH BORO PARKING LOT DIRECTLY BEHIND SUBJECT PROPERTY. "SOMERVILLE TOWN CENTER" PHASE ii - 100+ RESIDENTIAL UNITS PLUS 50,000 SF RETAIL DIRECTLY ACROSS THE STREET.
    Exterior Features

    Approximate Lot Size 56X240 Construction See Remarks Exterior Description Brick/Block Location Business DistrictFreestanding Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description See Remarks Roof Description See Remarks

    Interior Features

    Basement No Cooling See Remarks Equipment Available See Remarks Floors See Remarks Heating 1 UnitSee Remarks Max Ceiling Height 0 Max Door Height 7 Number Of Doors 0 Number Of Lavatories 3 Office Sq Ft 10441

    Property Features

    For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 207000 Net Operating Income 146002 Permitted Use Retail/Office/Redevelopment Primary Property Type Office Building Complex Property Type Office Building ComplexSee Remarks Sale Includes Building & Land Sewer Public Sewer Suite Number 166 Tax Amount 52598 Tax Rate Amount 3.635 Tax Rate Year 2019 Tax Year 2019 Tenant Pays ElectricHeat Total Operating Expense 60998 Utilities Gas-Natural Water Public Water Zoning B-2

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Bhhs - New Jersey Properties.


    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nexthome Force Realty Partners. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Nexthome Force Realty Partners are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-10-30T22:46:48.15.
     
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    Nexthome Force Realty Partners
    36 Monmouth Street, Unit 2
    Shrewsbury NJ, 07701