24 Schoolhouse Road

Off Market

24 Schoolhouse Road, Somerset, NJ 08873

  • Industrial
  • Warehouse/Distribution
  • 105,000 Sqft

24 Schoolhouse Road, Somerset, NJ 08873 - Industrial Space

24 Schoolhouse Road is located at 24 Schoolhouse Road in the Franklin Center neighborhood, NJ, Somerset, 08873. The Class B Industrial building was completed in 1983 and features a total of 105,000 Sqft.

There are 22 industrial spaces for lease in the Franklin Center neighborhood, totaling 552,233 Sqft of available industrial space. The industrial space availability for the 08873 zip code is 1,142,910 Sqft, in 26 industrial spaces. The average asking industrial rent per sq. ft. in Franklin Center is $11.27/sqft/year. For Class A industrial buildings the average industrial rate is $11.5/sqft/year, for Class B industrial buildings the average industrial rate is $11.15/sqft/year.

In Franklin Center, there are 35 class B industrial buildings. In Franklin Center, there are a total of 1 LEED certified industrial buildings. At zip code level, there are 107 commercial properties, of which 77 are industrial buildings over 50,000 square feet.

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Nearby Properties

Details

  • City Somerset
  • Neighborhood Franklin Center
  • Zip Code 08873
  • Market New Jersey
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 105,000 Sqft
  • Lot Size 6.96 Acre
  • Parking Spaces Avail. 105
  • Parking Ratio 1.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1983
  • Date Updated 07 Dec, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 24 Schoolhouse Road?

24 Schoolhouse Road totals 105,000 square feet.

When was this property built?

24 Schoolhouse Road was built in 1983.

Franklin Center Demographics

The average household income in zip code 08873 is $112,788, from a total of 20.419 households. In terms of employment, there are 87,30 % white-collar and 12,70 % blue-collar jobs in zip code 08873.

Population

  • Total Population5,860
  • Male Population(49.5 %) 2,900
  • Female Population(50.5 %) 2,960
  • Median Age58.60

Income/Financial

  • Average Household Income$131,616
  • Median Household Income$104,044
  • Median Income 25-44$131,023
  • Median Income 45-64$166,875
  • Median Income Over 65$77,529