4 Essex AveBernardsville, NJ 07924

  • Commercial real estate
  • 0.51 AC
For Lease
$19.75/SF/YR View listing

Property Details for 4 Essex Ave

Construction
FRAME
Lot size
0.51 AC
Zone code
D-CO
Property type
Commercial real estate
APN
03 00076-0000-00005
APU
300076000000005

Description

This exceptional Class A office and retail building, located at 4 Essex Avenue in the heart of Bernardsville's central business district, offers a unique investment opportunity. The property boasts a total of 37,060 square feet, providing flexible space options for various business needs. Multiple tenancy is available, with minimum divisible space starting at 1,784 square feet and a maximum contiguous space of 4,424 square feet. Currently, there are 11,753 square feet of vacant space ready for immediate occupancy. The building's prime location ensures high visibility and accessibility for businesses. On-site parking is available, with two spaces directly on the property and one additional space nearby. The property is categorized as both retail and office space, suitable for a variety of uses, including executive office suites, storefronts, and traditional office layouts. Situated in Somerset County, New Jersey, this property offers a blend of modern amenities and a desirable location within a thriving community. The zip code is 07924. This is an excellent opportunity to establish or expand your business in a vibrant and convenient location. Contact us today to learn more about leasing options and explore the possibilities this exceptional property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,638,215
    Hospitality
    $4,248,580
    Educational
    $3,534,768
    Medical
    $3,656,335
    Retail
    $5,498,529

Location Insight

City
Bernardsville
County
Somerset
State
New Jersey
Latitude
40.7178
Longitude
-74.572
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$69,311
$526,000
$3,164,000
$3,690,000
-
$526,000
$3,164,000
$3,690,000

FAQs

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