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60 Millstone Rd 3,600 SF Flex Building Somerset, NJ 08873 $1,200,000 ($333.33/SF)

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INVESTMENT HIGHLIGHTS

Completely Renovated Flex Space
Additional Lot included Lots 22, 26,27,28

Private Parking Lot
Heavy Power

EXECUTIVE SUMMARY

Recently updated flex space in desirable Franklin Township (Somerset) location. Ideal for contractors, distribution, warehouse, office and other type users. Warehouse section is approximately 1,600 SF with 10' high ceilings, drive-in door, painted floors, utility sink, storage racks, and a work area. Office area includes a conference room, executive office, kitchenette, full restroom with shower. Building also has an alarm system, security cameras, back-up generator, heavy power, recently paved and striped fenced- in parking lot, brand new roof. and much more. Includes additional lots= Block 135.01 Lots: 21, 22, 26, 27, 28 see photos. Recent Quality Tenant Placement CAP Rate over 7%. Potential Owner Financing. Call for more details.

tax Bill 60 Millstone Road

Permitted Uses Franklin Township NJ Hamilton Business District (1)

Block 135.01 Lots 26, 27, 28 on 63 Battle Place included

TAXES & OPERATING EXPENSES (ACTUAL - 2024)	ANNUAL	ANNUAL PER SF
Taxes	$10,021	$2.78
Operating Expenses	$2,000	$0.56
Total Expenses	$12,021	$3.34

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Taxes
Annual	$10,021
Annual Per SF	$2.78

Operating Expenses
Annual	$2,000
Annual Per SF	$0.56

Total Expenses
Annual	$12,021
Annual Per SF	$3.34

PROPERTY FACTS

Price	$1,200,000	Rentable Building Area	3,600 SF
Price Per SF	$333.33	No. Stories	1
Sale Type	Owner User	Year Built/Renovated	2010/2022
Property Type	Flex	Tenancy	Single
Property Subtype	Light Distribution General Retail Freestanding Industrial Warehouse Industrial Service	Parking Ratio	3.33/1,000 SF
Building Class	B	Clear Ceiling Height	10’
Lot Size	0.16 AC	No. Drive In / Grade-Level Doors	1
Zoning	HBD - Hamilton Street Business District (HBD)

Price	$1,200,000
Price Per SF	$333.33
Sale Type	Owner User
Property Type	Flex
Property Subtype	Light Distribution General Retail Freestanding Industrial Warehouse Industrial Service
Building Class	B
Lot Size	0.16 AC
Rentable Building Area	3,600 SF
No. Stories	1
Year Built/Renovated	2010/2022
Tenancy	Single
Parking Ratio	3.33/1,000 SF
Clear Ceiling Height	10’
No. Drive In / Grade-Level Doors	1
Zoning	HBD - Hamilton Street Business District (HBD)

Fenced Lot
Security System

Signage
Yard

Storage Space

Air Conditioning

Lighting - Fluorescent
Gas - Natural
Water - City
Sewer - City
Heating - Gas

1 1

Walk Score®

Very Walkable (75)

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PROPERTY TAXES

Parcel Numbers	Multiple 08-00135-01-00021 08-00135-01-00026	Total Assessment	$966,400 (2025)
Land Assessment	$337,000 (2025)	Annual Taxes	$10,021 ($2.78/SF)
Improvements Assessment	$629,400 (2025)	Tax Year	2024 Payable 2024