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57 4th St

Somerville Boro, NJ 08876
  • $2,600,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: 3926179
$2,600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,500
    SQFT
  • $208
    $/SQFT
Type:
Commercial
Built:
1987
County:

School Ratings & Info

Description

UNBELIEVABLE: CLEAN, WELL MAINTAINED 12,500 SF OFFICE BUILDING WITH 4,000 SF WAREHOUSE SPACE, PROFESSIONAL OFFICE SPACE, PRIVATE OFFICES, CONFERENCE ROOMS, BULLPEN AREA, CAFETERIA, WAREHOUSE WITH 20 ' CEILINGS, DRIVE IN AND TAIL BOARD LOADING LOCATED IN I-2 ZONE, LIGHT INDUSTRIAL. PRESENTLY LEASED TILL DECEMBER 31, 2026 TO EXCELLENT CREDIT TENANT TRUE TRIPLE NET LEASE, NOI $186K 7.5 CAP, IDEAL INVESTMENT OPPORTUNITY AND OR OWNER USER OPPORTUNITY, BUY NOW AS INVESTMENT AND IN 2 YEARS OWNER OCCUPY!

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Garden State MLS logo © 2024 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 eXp Realty LLC. 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 eXp Realty LLC 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 2024-10-11T23:46:28.463.
www.rowackrealestateteam.com/homes/155849939
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57 4th St Somerville Boro, NJ 08876

  • Price: $2,600,000
  • Status: Active
  • On Site: 15 Days
  • ID#: 3926179
0
Beds
0
Baths
0
½ Baths
N/A
Acres
12,500
SQFT
$208
$/SQFT
1987
Built
County:
Somerset
Area:
Somerville Boro
Property Description
UNBELIEVABLE: CLEAN, WELL MAINTAINED 12,500 SF OFFICE BUILDING WITH 4,000 SF WAREHOUSE SPACE, PROFESSIONAL OFFICE SPACE, PRIVATE OFFICES, CONFERENCE ROOMS, BULLPEN AREA, CAFETERIA, WAREHOUSE WITH 20 ' CEILINGS, DRIVE IN AND TAIL BOARD LOADING LOCATED IN I-2 ZONE, LIGHT INDUSTRIAL. PRESENTLY LEASED TILL DECEMBER 31, 2026 TO EXCELLENT CREDIT TENANT TRUE TRIPLE NET LEASE, NOI $186K 7.5 CAP, IDEAL INVESTMENT OPPORTUNITY AND OR OWNER USER OPPORTUNITY, BUY NOW AS INVESTMENT AND IN 2 YEARS OWNER OCCUPY!
Exterior Features

Approximate Lot Size .77 ACRE Available Parking Spaces 32 Construction Brick/BlockSee Remarks Exterior Description Brick/BlockSee Remarks Location Industrial ParkSee Remarks Number Of Bays 1 Number Of Docks 1 Parking Driveway Description LightingParking Lot-ExclusiveSee Remarks Roof Description FlatSee Remarks

Interior Features

Basement Yes Basement Description Finished-Partially Cooling Central AirSee Remarks Equipment Available Fire AlarmKitchen AreaRestrooms - PrivateSecurity SystemSee RemarksSprinkler SystemStorage Area(s) Floors CarpetingConcreteLaminateSee Remarks Heating 1 UnitSee Remarks Max Ceiling Height 20 Max Door Height 20 Number Of Lavatories 4 Office Sq Ft 8500

Property Features

Building Number 57 DEPStatus See Remarks Expenses Include See Remarks For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 186000 Lease Type Net Net Operating Income 186000 Owner Pays See Remarks Permitted Use LIGHT INDUSTRIAL Primary Property Type Industrial Complex - Light Prior Use OFFICE/ WAREHOUSE Property Type Industrial Complex - LightSee Remarks Sale Includes Building & Land Sewer Public Sewer Suite Number 57 Tax Amount 35866 Tax Rate Amount 3.862 Tax Rate Year 2023 Tax Year 2023 Tenant Pays See Remarks Total Operating Expense 0 Utilities ElectricGas-NaturalSee Remarks Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning I-2

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of BHHS FOX & ROACH: 908-938-6405.


Garden State MLS logo © 2024 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 eXp Realty LLC. 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 eXp Realty LLC 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 2024-10-11T23:46:28.463.
 
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eXp Realty LLC
28 Valley Rd Suite #1
Montclair NJ, 07042