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88-92 West Main Street 6 Unit Apartment Building For Sale Somerville, NJ 08876
Investment Highlights
- Fully leased mixed-use property with nine total units, including three commercial and six residential.
- Located on Somerville’s Main Street with 9,253 vehicles per day traffic count.
- Excellent visibility, walkability, and access to NJ Transit service to New York City.
- Renovated in 2006 and maintained in good condition.
- Strong tenant mix with established businesses contributing to downtown vitality.
- Positioned in a dynamic downtown undergoing ongoing redevelopment.
Executive Summary
The Property is located along Main Street in the heart of downtown Somerville, offering a rare opportunity for an investor/builder or 1031 Exchange buyer. Surrounded by one of Central New Jersey’s most vibrant and walkable downtowns, the site enjoys unmatched visibility, consistent foot traffic, and a prime position among award-winning restaurants, boutique retailers, and thriving professional services. Fully leased and occupied, the property features tenants who have established successful businesses and contribute to the stability of the downtown community. This provides investors with the security of immediate income and the confidence of long-term tenant retention, with potential vertical expansion and upside.
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 6 | Lot Size | 0.37 AC |
| Property Type | Multifamily | Building Size | 17,650 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1900/2006 |
| Zoning | Commercial | ||
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 17,650 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2006 |
| Zoning | Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
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Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 18-00114-0000-00025 | Improvements Assessment | $1,016,800 |
| Land Assessment | $508,200 | Total Assessment | $1,525,000 |
Property Taxes
Parcel Number
18-00114-0000-00025
Land Assessment
$508,200
Improvements Assessment
$1,016,800
Total Assessment
$1,525,000
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88-92 West Main Street
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