Office Spaces in Somerset | Reonomy

Office Spaces in Somerset

Unlock property data on 121 office spaces 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 office spaces.

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Somerset office space sold prices and values

Values and sold prices (last 24 months) United States New Jersey Somerset
Average price/sqft -- -- --
Average sold price $2,501,637 $1,869,401 $1,911,841
Median sold price $212,829 $298,877 $501,000
Number of sales 111,688 2,283 12
Number of sales over $250k 52,400 1,272 9
Number of sales over $1m 22,057 463 5
Number of sales over $10m 4,002 83 --
Average total tax amount $37,525 $48,550 $54,986
Average assessed value $1,526,027 $1,628,017 $2,424,066
Average market value $1,948,212 $2,039,057 $2,471,015

Somerset office space property averages

Property averages United States New Jersey Somerset
Average lot size 507,589 sf 161,256 sf 133,738 sf
Median lot size 17,513 sf 11,404 sf 47,916 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1983 1969 1958
Average number of units 38 30 28
Median number of units 4 4 5

Somerset office space total supply

Supply United States New Jersey Somerset
Number of parcels 1,147,107 24,422 121
Aggregate lot acerage 14,762,298 76,315 248
Aggregate building area -- -- --
Aggregate units 16,413,882 478,214 2,323

Somerset office space industrial mortgages

Debt United States New Jersey Somerset
Number of mortgages 1,721,412 49,686 301
Average value of mortgages $9,639,342 $4,902,102 $8,435,163

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