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1830 Easton Rd
Somerset, NJ 08873
CrossAmerica Partners - Exxon · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Service Station
Building Size
8,771 SF
Building Class
B
Year Built
1992
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.87 AC
Zoning
GB
Parking
60 Spaces (0 Spaces per 1,000 SF Leased)

ABOUT 1830 EASTON RD , SOMERSET, NJ 08873

This CrossAmerica Partners Exxon gas-station is located at 1830 Easton Road in Somerset, New Jersey. Somerset is an unincorporated community and census-designated place located within Franklin Township, in Somerset County, New Jersey. Somerset borders New Brunswick, the county seat of Middlesex County and home of Rutgers University. The city is located 27 miles southwest of Manhattan, New York City. Surrounding Retail and Points of Interest The subject property is well-positioned in a prime retail, industrial, and commercial corridor in Somerset, benefiting from its proximity to major national and local tenants as well as Rutgers University. Major national tenants in the surrounding area include: Stop & Shop, Kmart, Dollar Tree, Wendy’s, Chase, Radioshack, McDonald’s, Burger King, UPS, Taco Bell, Planet Fitness, as well as many others. Commercial and industrial tenants in the surrounding area include: Chanel, Inc., Foley, Optimum, MARS Incorporated, Binsky & Snyder, AT&T, Verizon, Deutsche Bank, American Standard, and MetLife, among others. Rutgers Preparatory School, a private college preparatory day school, is located approximately two miles away and has over 680 students enrolled. Rutgers University, the largest institution for higher education in New Jersey, is located four miles southeast of the property and has over 40,000 students at the New Brunswick campus. Traffic Counts and Demographics Somerset has approximately 70,896 individuals residing within a three-mile radius of the property and more than 228,413 within a five-mile radius. The Exxon property is located on the corner of Easton Avenue and Cedar Grove Lane. Easton Avenue has traffic counts of 58,377 vehicles per day. Furthermore, Easton Avenue serves as the entrance/exit to U.S. Interstate 287 which has additional traffic counts of 108,584 vehicles per day. New Brunswick, New Jersey New Brunswick is located 27 miles southwest of Manhattan, New York City. Due to the concentration of medical facilities in the area, including Robert Wood Johnson University Hospital and Saint Peter's University Hospital, as well as Rutgers, The State University of New Jersey's Robert Wood Johnson Medical School, New Brunswick is known as "the Hub City." The corporate headquarters and production facilities of several global pharmaceutical companies are situated in the city, including Johnson & Johnson and Bristol-Myers Squibb. Most of New Brunswick's retail businesses are within a designated Urban Enterprise Zone. In addition to other benefits to encourage employment within the zone, shoppers can take advantage of a reduced 3½%sales tax rate (versus the 7% rate charged statewide) at eligible merchants.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-00468-09-00028
Land Assessment
$1,476,000
Improvements Assessment
$4,124,000
Total Assessment
$5,600,000
  • Listing ID: 7218062

  • Date on Market: 5/15/2017

  • Last Updated:

  • Address: 1830 Easton Rd, Somerset, NJ 08873

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