Industrial Properties
3380 U.S. 22 Somerville, NJ 08876
Details & Description
Price: $4,350,000
    FOR SALE - 2 Structures with 5 Tenants. Building 1 Totals 7,500 SF & Building 2 Totals 26,250 SF. The 33, 750 SF Industrial Investment Property is fully rented. The property is currently owned by Crown Packaging, a major Tenant at the site. Who will either Lease back their space or can vacate for an owner-user who is looking for an industrial facility with rental offset.The property is is ideally located on Route 22 W and within miles of I 78, and I 287 via the Route 202/ 206 interchange.
    Property Highlights
    Listing Agents
    Mark Hay
    KW Commercial
    O: 973-886-5432
    M: 908-246-1815
    mhay@kwcommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3380 U.S. 22

    Somerville, NJ 08876

    Listing ID: 269939
    • 3380 U.S. 22 Somerville, NJ 08876 | for Sale | Photo 1
    • 3380 U.S. 22 Somerville, NJ 08876 | for Sale | Photo 2
    • 3380 U.S. 22 Somerville, NJ 08876 | for Sale | Photo 3
    3380 U.S. 22 | for Sale | Thumbnail 1
    3380 U.S. 22 | for Sale | Thumbnail 2
    3380 U.S. 22 | for Sale | Thumbnail 3
    Building Size: 33,750 SF
    Lot Size: 4.540 AC
    Land Size: 197,762 SF
    Building $/SF: $128.89
    Land $/SF: $22.00
    Price
    $4,350,000
    Property Highlights
    Currently owner occupied
    Taxes $1.40 SF
    Newer building is 26 clear
    5 Drive Ins
    5 Tenant of varying sizes
    Sale- Leaseback or Owner will consider vacating for an owner occupier.
    Description

    FOR SALE - 2 Structures with 5 Tenants. Building 1 Totals 7,500 SF & Building 2 Totals 26,250 SF. The 33, 750 SF Industrial Investment Property is fully rented. The property is currently owned by Crown Packaging, a major Tenant at the site. Who will either Lease back their space or can vacate for an owner-user who is looking for an industrial facility with rental offset.

    The property is is ideally located on Route 22 W and within miles of I 78, and I 287 via the Route 202/ 206 interchange.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Newark History of Industrial Properties for Sale

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    Somerville Area Market Trends

    Listing Demographics for 3380 U.S. 22 Somerville, NJ 08876

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population2,04819,41361,580
    Population Median Age434242
    Population by Age0-9 Yrs203 (9%)1993 (10%)6296 (10%)
    10-19 Yrs195 (9%)2215 (11%)8146 (13%)
    20-29 Yrs187 (9%)1963 (10%)6403 (10%)
    30-39 Yrs268 (13%)2000 (10%)6257 (10%)
    40-49 Yrs259 (12%)2532 (13%)8089 (13%)
    50-59 Yrs348 (16%)3939 (20%)11511 (18%)
    60-69 Yrs387 (18%)2583 (13%)7622 (12%)
    70+ Yrs200 (9%)2188 (11%)7256 (11%)
    Median HH Income$111,860$134,389$128,826
    Total Household Income< 24K41 (4%)337 (4%)1558 (6%)
    25-49K107 (12%)778 (10%)2230 (9%)
    50-74K87 (10%)736 (10%)2815 (12%)
    75-99K156 (18%)745 (10%)2421 (10%)
    100-199K318 (36%)2783 (37%)8006 (34%)
    200K+155 (17%)1948 (26%)6047 (26%)
    Highest Education LevelNo Diploma344801897
    Diploma or GED23523498273
    Some College21717315847
    Assoc. Degree1318752536
    Bachelors Degree556479413570
    Higher Degree343382011473
    Total Housing Units8867,45123,841
    --Owner-Occupied7406,64719,390
    --Renter-Occupied1246793,687
    Owner-Occupied Values< 100K5148400
    100-199K0160607
    200-299K1336891965
    300-399K25612924255
    400-499K14715594130
    500K+20027998032
    Total Working Age Population1,74516,07150,459
    In Work Force1,26511,09634,631
    Not In Work Force4814,97615,827
    Workforce Employed1,21010,59933,137
    Workforce Unemployed544971,473
    Civlian Workforce1,26511,09634,610
    Military Workforce0021
    Total Households8647,32723,077
    Family Households5435,35216,318
    Non-Family Households3211,9746,759
    Married Couple4564,68814,368
    Other Family876641,950
    Married w/Child1822,0806,203
    Single Male w/Child889172
    Single Female w/Child24160599

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Hunterdon County121,989+5128,349-3124,200-3120,700
    Middlesex County750,162+8809,858+8873,400+7932,200
    Morris County470,212+5492,276+3509,100+5535,600
    Somerset County297,490+9323,444+6342,900+7366,700
    Warren County102,437+6108,692-4104,300-2102,600
    Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
    Bucks County597,635+5625,249+1629,420+1637,730

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3380 U.S. 22 in Somerville?
    The asking price for 3380 U.S. 22 is $4,350,000
    What is the building size of this Industrial property in Somerville, NJ?
    The size of the building/unit at 3380 U.S. 22 in Somerville is 33,750 square feet
    How much land does the Somerville, NJ property at 3380 U.S. 22 include?
    3380 U.S. 22 in Somerville includes 4.540 acres of land
    What kind of Industrial is the propery at 3380 U.S. 22?
    The property at 3380 U.S. 22 Somerville, NJ 08876 is listed as a Other Industrial Industrial property
    What is the population within 1 mile of 3380 U.S. 22 in Somerville?
    The population within 1 mile of 3380 U.S. 22 Somerville, NJ 08876 is 2,048 people.
    Who do I contact for questions about 3380 U.S. 22?
    You should contact the listing agent, Mark Hay, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Newark Liberty International Airport (EWR) 29
    La Guardia Airport (LGA) 45
    John F Kennedy International Airport (JFK) 49