60 4Th StSomerville, NJ 08876

  • Industrial properties
  • 0.80 AC
For Lease

Property Details for 60 4Th St

Construction
CONCRETE BLOCKS
Lot size
0.80 AC
Zone code
I-2
Property type
Industrial properties
Property subtype
Other industrial properties
APN
18 00052-0000-00009
APU
1800052000000009

Description

This exceptional 16,842-square-foot warehouse, located at 60 4th St in Somerville, New Jersey (zip code 08876), presents a significant opportunity for businesses seeking ample space and robust infrastructure. The property is a single-tenant building, offering complete control and flexibility. The warehouse boasts a substantial 16-foot ceiling height, providing ample vertical storage capacity. Two convenient drive-in doors ensure efficient loading and unloading operations. The property is equipped with heavy power, ideal for industrial applications requiring significant electrical capacity. Situated in Somerset County, this warehouse offers easy access to major transportation routes, making it an ideal location for distribution and logistics operations. The entire 16,842 square feet is currently vacant and ready for immediate occupancy. This is a rare opportunity to secure a large, well-equipped industrial space in a prime New Jersey location. The property is classified as industrial, with a warehouse subtype. Interested parties are encouraged to inquire for further details and leasing information. The property's address is verified as 60 4th St, Somerville, NJ.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,623,369
    Hospitality
    $6,066,970
    Educational
    $5,047,648
    Medical
    $5,221,244
    Retail
    $7,851,897
60 4Th St, Somerville, New Jersey

Location Insight

City
Somerville
County
Somerset
State
New Jersey
Latitude
40.5606
Longitude
-74.6108
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
$43,505
$162,500
$964,000
$1,126,500
-
$162,500
$964,000
$1,126,500

FAQs

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