NJ
Somerset
North Plainfield Boro
07060
194 Somerset St
194 Somerset St, North Plainfield Boro, NJ 07060
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Listing Type
Commercial/Industrial
Listing Status
Active
13
$2,000,000

Home Details for 194 Somerset St

Price
$2,000,000
Type
Commercial Sale
Year built
1910
Lot size acres
0.07
County
Somerset
Basement
Walk-Out Access
Days on site
22
MLS Listing#
4026345
Property Description

Investment opportunity in the heart of North Plainfield! 196 & 200 Somerset Street offer a rare chance to own two income-producing buildings on one oversized lot with ample on-site parking. A unique mixed-use asset with strong cash flow and future upside. 200 Somerset features a 4-unit residential building comprised of three 1-bedroom apartments plus one 2-bedroom duplex unit. 196 Somerset includes a street-level liquor store with four additional 1-bedroom apartments above, creating a diverse income stream with both commercial and residential tenants. Positioned on a large lot in a high-visibility location, this property offers approximately a 6% cap rate with potential value-add and redevelopment opportunities for investors looking to maximize the site?s long-term potential. Whether you?re seeking steady cash flow, mixed-use exposure, or future development possibilities, this is a rare portfolio-style offering in a growing Somerset County corridor. Perfect for investors, developers, or owner-operators looking to secure a high-demand mixed-use property with existing income and upside potential

Property Features
  • Heating Information
    • Baseboard
    • Natural Gas
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Basement
    • Walk-Out Access
Listing Courtesy: SIGNATURE REALTY NJ - 908-686-1200
The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. Information deemed reliable but not guaranteed. Copyright ©2026 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT ALL STATE REALTY
2780 Morris Ave Unit 1 A, Union, NJ 07083
Office
908 378 5170
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