Retail Spaces in Somerset | Reonomy

Retail Spaces in Somerset

Unlock property data on 92 retail 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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Popular searches around Somerset

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 retail spaces.

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Somerset retail space sold prices and values

Values and sold prices (last 24 months) United States New Jersey Somerset
Average price/sqft -- -- --
Average sold price $1,283,736 $1,029,144 $1,742,388
Median sold price $142,051 $314,026 $675,000
Number of sales 181,902 3,230 9
Number of sales over $250k 75,507 1,784 6
Number of sales over $1m 35,299 645 3
Number of sales over $10m 3,472 40 --
Average total tax amount $16,956 $34,665 $35,397
Average assessed value $696,883 $1,096,330 $1,549,981
Average market value $910,066 $1,416,399 $1,580,995

Somerset retail space property averages

Property averages United States New Jersey Somerset
Average lot size 491,381 sf 279,383 sf 86,259 sf
Median lot size 19,973 sf 10,013 sf 22,499 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1973 1950 1945
Average number of units 22 5 3
Median number of units -- -- --

Somerset retail space total supply

Supply United States New Jersey Somerset
Number of parcels 1,919,002 35,873 92
Aggregate lot acerage 31,452,952 319,842 170
Aggregate building area -- -- --
Aggregate units 9,674,264 97,137 296

Somerset retail space industrial mortgages

Debt United States New Jersey Somerset
Number of mortgages 2,568,946 72,996 205
Average value of mortgages $17,913,989 $12,053,360 $3,369,463

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