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$925,000

  • For Sale
  • Active
  • Commercial
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Unbelievable Opportunity; Turnkey, Well Established Profitable Laundromat Business For Sale With Bulding in The Center Of Downtown Somerville. Great Location, High Volume Drop Off and Self-Service Business With Possiblies To Expand Washer Units and Potential To Add A Second Floor Apartment.

Full Property Details for 81 Somerset St

General

  • Price: $925,000
  • Taxes: $17,077 (2023)
  • Status: Active
  • Type: Commercial
  • Source: Garden_State
  • MLS ID: 3934526
  • Updated: 3/24/2025
  • Added to Site: 428 day(s) ago

Business

  • Includes: Building & Business

Interior

  • Flooring: Laminate, Vinyl-Linoleum

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Restrooms: 1

Additional Information

  • Equipment: Appliances, Fire Alarm, Fixtures, See Remarks, Smoke Detector

Parking

  • Garage Spaces: 15
  • Total Spaces: 15
  • Parking: Blacktop, Parking Lot-Exclusive, See Remarks

Location

  • County: Somerset
  • Driving Directions: Route 22 to Mountain Ave, right onto Somerset Street
  • Location Details: Business District, Freestanding, See Remarks

Heating & Cooling

  • Cooling Type: Multi-Zone Cooling
  • Heating Type: Multi-Zone
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, Internet Available

Structural Information

  • Construction: Brick/Block, Wood
  • Exterior Const.: Brick/Block
  • Roof: Flat
  • Stories in Building: 2
  • Square Feet: 6,000
  • Aprox. Leasable: 6,000 Sq. Ft.
  • Previous Bldg. Use: LAUNDROMAT
  • Office: 6,000 Sq. Ft.

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size: 50X130
  • Permitted Use: laundromat
  • Zoning: POR
  • Lot Description: Level Lot

Financial Considerations

  • Price Per Sq. Ft.: $154
  • Expenses: See Remarks
  • Operating Expenses: $149,863
  • Assessment Amount: $442,200
  • Land Assmt: $114,900
  • Tax Amount: $17,077
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: See Remarks
  • APN: 2718-00125-0000-00008-0000-
  • Block: 125
  • Lot Number: 8

Listed by BHHS FOX & ROACH

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Listing agent

— 81 Somerset St —

  • BHHS FOX & ROACH

908-938-6405

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 81 Somerset St

School District:Somerville Borough School District
NameGradesDistance
Van Derveer Elementary School
51 Union Avenue, Somerville, NJ 08876
PK-51.4 mi
Somerville Middle School
51 West Cliff Street, Somerville, NJ 08876
6-80.5 mi
Somerville High School
222 Davenport Street, Somerville, NJ 08876
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 81 Somerset St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/14/2024
Listed
$925,000
190.88%
MLS
6/04/2018
Sold
$318,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 81 Somerset St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,480
5%
$442,200
—
2022
$16,631
1%
$442,200
—
2021
$16,525
2%
$442,200
—
2020
$16,185
1%
$442,200
—
2019
$16,074
1%
$442,200
—
2018
$15,902
2%
$442,200
—
2017
$15,574
4%
$442,200
—
2016
$14,942
1%
$442,200
—
2015
$14,743
3%
$442,200
—
2013
$14,332
—
$442,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by BHHS FOX & ROACH

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81 Somerset St, Somerville, NJ 08876 (MLS# 3934526) is a Commercial property. 81 Somerset St is currently listed for $925,000 and was received on November 14, 2024. Want to learn more about 81 Somerset St? Do you have questions about finding other Commercial real estate for sale in Somerville? You can browse all Somerville real estate or contact a Coldwell Banker agent to request more information.

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