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1350 Hamilton St 5,509 SF Vacant Office Building Somerset, NJ 08873 $1,500,000 ($272.28/SF)
Investment Highlights
- 3 MILES - RWJ University Hospital - New Brunswick
- 11 MILES - RWJ University Hospital - Somerset
- 3 MILES - Saint Peter's University Hospital - New Brunswick
- Interior layout provides multiple exam rooms, private offices, reception area, and kitchen.
Executive Summary
1350 Hamilton Street is an immediately available ±5,509 SF professional/medical office property situated on ±0.92 acres in the Somerset section of Franklin Township. The offering includes a low-rise medical office component and a four-vehicle garage (~5.26 space per 1,000 SF), providing a functional footprint for potential continued healthcare or professional office use, an owner-user requirement, or potential redevelopment subject to municipal approvals.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
5,509 SF
Building Class
C
Year Built
1950
Price
$1,500,000
Price Per SF
$272.28
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,509 SF
Building FAR
0.14
Lot Size
0.92 AC
Zoning
B-I - Business and Industry
Parking
29 Spaces (5.26 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 08-00089-03-00008 | Improvements Assessment | $734,000 |
| Land Assessment | $276,000 | Total Assessment | $1,010,000 |
Property Taxes
Parcel Number
08-00089-03-00008
Land Assessment
$276,000
Improvements Assessment
$734,000
Total Assessment
$1,010,000
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1350 Hamilton St
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