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2-18 Division St 14,097 SF 100% Leased Retail Building Somerville, NJ 08876 For Sale
Executive Summary
The Property is located along Main Street in the heart of downtown Somerville, offering a rare opportunity for an investor 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 long-standing 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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,097 SF
Building Class
C
Year Built
1904
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.70
Lot Size
0.19 AC
Zoning
B-1, Somerville Bor
Frontage
33’ on MAIN ST
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 2-03
- 561 SF
- Office
- -
- Now
- 2-09
- 509 SF
- Office
- -
- Now
- 2-15
- 1,333 SF
- Office
- -
- Now
| Space | Size | Space Use | Position | Available |
| 2-03 | 561 SF | Office | - | Now |
| 2-09 | 509 SF | Office | - | Now |
| 2-15 | 1,333 SF | Office | - | Now |
2-03
| Size |
| 561 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
2-09
| Size |
| 509 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
2-15
| Size |
| 1,333 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-00118-0000-00014 | Improvements Assessment | $1,450,623 CAD |
| Land Assessment | $530,270 CAD | Total Assessment | $1,980,893 CAD |
Property Taxes
Parcel Number
18-00118-0000-00014
Land Assessment
$530,270 CAD
Improvements Assessment
$1,450,623 CAD
Total Assessment
$1,980,893 CAD
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2-18 Division St
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