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282 E Main St 5,000 SF 100% Leased Office Building Somerville, NJ 08876 $850,000 ($170/SF)
Executive Summary
Unbelievable Medical Building 2800 sq ft finished 1st floor, and 1700 sq ft unfinished lower level space, Excellent Location 2 blocks to RWJ Hospital. Main floor consists of 6 exam rooms, 2 patient bathrooms and 1 employee bathroom, 10 person waiting room. Large Reception/Billing area, Consultation Room, Lab, Break Room, Kitchen, and storage room. Convenient location to Downtown Somerville Shops, Restaurants, Bus/Train, Courthouse, etc. Back in 1980, this was an Award-Winning building (Out-standing achievement in design & construction).
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
C
Year Built
1980
Price
$850,000
Price Per SF
$170
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.25
Lot Size
0.46 AC
Zoning
PO-R, Somerville
Parking
22 Spaces (3.33 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 18-00048-0000-00014 | Improvements Assessment | $277,400 |
| Land Assessment | $385,000 | Total Assessment | $662,400 |
Property Taxes
Parcel Number
18-00048-0000-00014
Land Assessment
$385,000
Improvements Assessment
$277,400
Total Assessment
$662,400
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282 E Main St
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