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968 Somerset St 4,720 SF Office Building Watchung, NJ 07069 $1,092,273 CAD ($231.41 CAD/SF)
Investment Highlights
- Conveniently located in a high-traffic corridor between US-22 and I-78, providing excellent regional connectivity.
- 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
$1,092,273 CAD
Price Per SF
$231.41 CAD
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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Property Taxes
| Parcel Number | 21-04401-0000-00001 | Improvements Assessment | $569,208 CAD |
| Land Assessment | $319,752 CAD | Total Assessment | $888,960 CAD |
Property Taxes
Parcel Number
21-04401-0000-00001
Land Assessment
$319,752 CAD
Improvements Assessment
$569,208 CAD
Total Assessment
$888,960 CAD
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968 Somerset St
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