Industrial Properties in Somerset | Reonomy

Industrial Properties in Somerset

Unlock property data on 174 industrial properties in Somerset. Search through Somerset property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Somerset commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in industrial properties.

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Somerset industrial property sold prices and values

Values and sold prices (last 24 months) United States New Jersey Somerset
Average price/sqft -- -- --
Average sold price $2,287,467 $4,178,661 $4,690,613
Median sold price $196,561 $784,661 $590,000
Number of sales 110,256 1,936 19
Number of sales over $250k 51,443 1,296 10
Number of sales over $1m 27,453 863 8
Number of sales over $10m 4,764 207 6
Average total tax amount $24,505 $79,239 $124,171
Average assessed value $1,093,116 $2,583,164 $5,474,052
Average market value $1,396,035 $3,328,106 $5,580,074

Somerset industrial property property averages

Property averages United States New Jersey Somerset
Average lot size 411,537 sf 382,511 sf 332,708 sf
Median lot size 46,227 sf 60,973 sf 248,161 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1981 1968 1988
Average number of units 14 2 1
Median number of units -- -- --

Somerset industrial property total supply

Supply United States New Jersey Somerset
Number of parcels 1,361,848 20,807 174
Aggregate lot acerage 22,465,066 219,554 1,160
Aggregate building area -- -- --
Aggregate units 3,371,701 16,360 192

Somerset industrial property industrial mortgages

Debt United States New Jersey Somerset
Number of mortgages 1,626,798 39,145 371
Average value of mortgages $19,377,464 $18,895,675 $35,193,263

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