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31 W Somerset StRaritan Boro, NJ 08869

Commercial · 0.22 Acres
$2,500 Active

31 W Somerset St Overview

Time on Site:
61 days
Visits:
0

Prime Downtown Office Space with Exceptional Visibility & Accessibility. Position your business for success in this centrally located commercial office in the heart of a thriving downtown business district. Surrounded by established retailers, restaurants, financial institutions, and professional services, this property offers outstanding exposure and convenience. This versatile office space features a functional layout ideal for a variety of professional uses, including legal, medical, financial, tech, or creative services. Large windows provide abundant natural light, creating a bright and welcoming work environment. Highlights include: High-visibility location with strong foot and vehicle traffic. Close proximity to public transportation and major roadways. Ample off street parking. Professional entry and reception area. Multiple private offices and/or open workspace configurations. This property offers both convenience for employees and accessibility for clients. An exceptional opportunity to establish or expand your business in a highly sought-after downtown location. The building is located in a B1 zone which means suitable fir a quiet, professional business that provides services and activities.

Listing provided courtesy of KELLER WILLIAMS GREATER BRUNSWICK- MLS# 4024108MLS ProviderContact Information: 908-647-1000
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31 W Somerset St Facts & Features

  • Type Commercial
  • Lot 0.22 Acres

Details

General

Income/Expenses

  • Expenses Include: Electricity, Gas/Oil, Insurance, Maintenance - Exterior, Maintenance - Interior, Snow Removal, Taxes, Water/Sewer

Listing Information

  • For Sale Or Lease: For Lease

Building Information

  • Year Built: 1940

Location/Region

  • County Or Parish: Somerset
  • Location: Business District, Freestanding

Building Exterior/Construction

  • Construction Date/Year Built Des: Approximate

Rent/Lease Information

  • Lease Includes: Sewer, Trash Removal
  • Lease Information: CAM Charges, Security Deposit Required
  • Lease Type: Net
  • Tenant Pays: Cable T.V., Electric, Gas, Heat, Maintenance-Common Area, Repairs, Snow Removal, Water

Tax Information

  • City Tax: *
  • County Tax: *
  • Tax Amount Tax: *
  • Tax Annual Amount: $10,488.00
  • Tax Assessed Value: *
  • Tax Rate Amount: 3.042
  • Tax Rate Year: 2025
  • Tax Year: 2025
  • Tax Year Tax: *

General Information

  • Property Sub Type: Office/Retail
  • Property Type: Commercial
  • Zoning: Commercial

Interior

Building Information

  • Equipment Available: Restrooms - Private, Smoke Detector
  • Max Door Height: 0

Parking Information

  • Garage Spaces: 6

Beds/Baths

  • Bathrooms Total: 2

General Information

  • Basement: No
  • Cooling: 1 Unit, Central Air
  • Flooring: Vinyl-Linoleum
  • Heating: 1 Unit, Forced Hot Air
  • Stories: 1

Exterior

Building Information

  • Color of Building: Beige
  • Number of Docks: 0

Parking Information

  • Parking Features: Driveway-Exclusive, Off-Street Parking, Parking Lot-Exclusive
  • Parking Total: 6

Lot Information

  • Approximate Lot Size: 60X160
  • Lot Size Acres: 0.22
  • Water Source: Public Water, Water Charge Extra

Building Exterior/Construction

  • Construction Materials: Brick/Block, Wood
  • Exterior Description: Concrete
  • Roof: Asphalt Shingle

General Information

  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural

31 W Somerset St Neighborhood

Community

08869 (Raritan Boro) Demographics

44
Median Age
3,845
Population Density (per sq. mile)
44%
College Educated
$82,471
Estimated Median Income
1,697
Estimated Total Home Owners
1,308
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

31 W Somerset St Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

31 W Somerset St Market Data

Based on the last 30 days in this zip code

$479,900
Average List Price
$372
Average Price per Square Foot
0
Properties Sold
48
Average Days on Market
1
Properties for Sale
Calculations provided by Reliance Network

31 W Somerset St History

Date Event Value Agent
6/1/2026Source: Garden State MLS Price Reduction
$2,500 -10.7%
4/29/2026Source: Garden State MLS Price Reduction
$2,800 -6.7%
4/29/2026Source: Garden State MLS Added to Database
April 29, 2026