81 Somerset St Somerville, NJ ^$ 925,000

81 Somerset St

^$ 925,000

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81 Somerset St

Somerville, NJ, 08876

^$ 925,000

Bedrooms-- Baths-- Sq 6,000

Monthly Estimate*

^$ 5,771

81 Somerset St, Somerville, NJ 08876 - Image 1

81 Somerset St, Somerville, NJ 08876 - Image 2

81 Somerset St, Somerville, NJ 08876 - Image 3

81 Somerset St, Somerville, NJ 08876 - Image 4

81 Somerset St, Somerville, NJ 08876 - Image 5

81 Somerset St, Somerville, NJ 08876 - Image 6

Commercial Property for sale in Somerville, NJ

for $925,000 with 1 half bath. This 6,000 square foot building was built on a lot size of 0.15.

UNBELIEVABLE OPPORTUNITY; TURNKEY, WELL ESTABLISHED PROFITABLE LAUNDROMAT BUSINESS FOR SALE WITH BULDING IN THE CENTER OF DOWNTOWN SOMERVILLE. GREAT LOCATION, HIGH VOLUME DROP OFF AND SELF-SERVICE BUSINESS WITH POSSIBLIES TO EXPAND WASHER UNITS AND POTENTIAL TO ADD A SECOND FLOOR APARTMENT.

Commercial Active

Price

^$ 925,000

Half Bath

Property Type

Commercial

Taxes

^$ 17,077

Style

Lot Size

0.15

Town/City

Somerville

County/Region

Somerset

MLS | Web ID

3934526

Features

General

Sewer Public Sewer

Construction Brick/Block Wood

Heating Multi-Zone

Cooling Multi-Zone Cooling

Utilities Electric Gas-Natural

Possession Immediate

Roof Flat

Zoning POR

Garage Spaces 15

Year Built 9999

Township Somerville Boro

Property Type See Remarks See Remarks

Tax Year 2023

Ownership Fee Simple

Location Business District Freestanding See Remarks

Gross Income 258370

County Somerset

Net Operating Income 108507

Operating Expense 149863

Status Active

Directions Route 22 to Mountain Ave right onto Somerset Street

Number Of Units Total 1

Tax Annual Amount 17077

Drive Blacktop Parking Lot-Exclusive See Remarks

Leasable Area 6000

Standard Status Active

Tax Assessed Value 442200

Town # 2718

Tax Lot 8

Cap Rate 11.73

Farm Assessment No

Interior

Flooring Laminate Vinyl-Linoleum

Fuel Type Electric Gas-Natural

Total Stories 2

Half Baths 1

Exterior

Lot Features Level Lot

Water Source Public Water

Total Parking 15

Exterior Description Brick/Block

Building Area Total 6000

Lot Dimensions 50X130

Lot Size Acres 0.15

* Excluded Features

List By

TIM DELUCCIA

Listing Agent

Bhhs Fox & Roach

Broker

tim@delucciacommercialgroup.com

Affordability Calculator

$7,194

Per Month

Monthly Principal & Interest: $5,771
Monthly Property Taxes: $1,423
Monthly Home Insurance: --

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Down Payment

Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Somerville, NJ

Average List Price ^$1,324,364

Percent of Sale Price 43%

About Somerville, NJ

12,595 Population

1% Since 2002

^$72,289 Median Income

38.36 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/14/2024	$925,000		Listed Price

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81 Somerset St, Somerville, NJ, 08876 is a Commercial Property for sale at $925,000 with 6,000 sqft and a lot size of 0.15. The property's zip code is 08876 which is in Somerville, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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81 Somerset St

Commercial Property for sale in Somerville, NJ

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