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968 Somerset St 4,720 SF Office Building Watchung, NJ 07069 $799,000 ($169.28/SF)
Investment Highlights
- Conveniently located in a high-traffic corridor between US-22 and I-78, providing excellent regional connectivity.
- Easy connectivity to major roadways and regional transportation networks, facilitating access for customers and staff.
- Positioned in Watchung’s Business District, near municipal buildings, public library, and Watchung Lake Park, enhancing accessibility.
Executive Summary
Three-story office building available for sale and to occupy within 60 days.
Owner is willing to discount price for buyer to create more parking at property.
Owner is willing to discount price for buyer to create more parking at property.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,720 SF
Building Class
B
Year Built/Renovated
1985/2007
Price
$799,000
Price Per SF
$169.28
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
1,573 SF
Building FAR
0.18
Lot Size
0.60 AC
Zoning
B-B - Business
Parking
6 Spaces (1.27 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Signage
- Central Heating
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 21-04401-0000-00001 | Improvements Assessment | $416,200 |
| Land Assessment | $233,800 | Total Assessment | $650,000 |
Property Taxes
Parcel Number
21-04401-0000-00001
Land Assessment
$233,800
Improvements Assessment
$416,200
Total Assessment
$650,000
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Contact the Sale Advisor
968 Somerset St