125 west main street borough of somerville, somerset ...€¦ · annual jazz festival shoprite...
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SILBERT REALTY & MANAGEMENT COMPANY, INC.152 Liberty Corner Road • Suite 203 • Warren, NJ 07059
908-604-6900 • 908-604-2030 faxwww.silbertrealestate.com • email: [email protected]
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable such information has not been verified, and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.
125 West Main Street Borough of Somerville, Somerset County, New Jersey
SOMERVILLE TOWN
CENTER
OWNER/DEVELOPERRETAIL MARKETING & LEASING AGENT
Demographics 2016 Projection
3 mile 5 mile 10 mile Population 8,647 26,770 183,682Median HH Inc. $122,263 $136,276 $118,163Average HH Inc. $154,528 $168,415 $150,275Total HH 3,456 10,227 69,116Median Age 48.0 46.4 43.2 Daytime Population 5,814 18,231 117,512
The major highways comprise this region include Routes 202, 206, 22, 28 and Interstates 287 and 78. Because of their patterns, all of these highways are easily accessible to all areas of the county.
Annual Street FairsAAnn iirs
The Court House
Administration Building
Historic Library
911 Memorial on Main Main Street
Main Street
Classic Car Show
Annual Jazz Festival
ShopRite anchored Somerville Town CenterSomerville Station
Annual St. Patrick’s Day Parade
SOMERVILLE TOWN CENTER 125 West Main Street, Somerville, NJ 08876
Phase II
187 spaces
NJ Transit Raritan Valley LineBorough of Somerville
Newly Expanded Train StationDirect to NYC
Adjacent Proposed Transit Village Mixed Use Development
±1,200 Residential Units plus ±50,000 sf Commercial
SR 202-2060.7 Miles
SR
22
1.1
Mile
s
ProposedMulti-level
Parking Deck233 parking
spaces
Phase I
391 spaces
ProposedMulti-level
Parking Deck274 parking
spaces
Proposed
4,335 sf
2,000 SF
AVAILABLERETAIL
2,618 SF
PROPOSED
BURGERS& GRILL2,963 SF
CONCEPT PLAN
09/2017
For Further Leasing Information or Inspection Contact:
David Greenman, Sr. VP Retail Services Group, Ext. [email protected]
orBrian S. Silbert, President & CEO, Ext. 116
908-604-6900 • 908-604-2030 fax
Somerville Town Center is Somerset County’s premier “Transit Village,” opposite the Somerville Train Station and
comprising 223 multi level luxury residential apartments (Phase I leased), a 78,000 sf World Class ShopRite Supermarket and including Starbucks and internationally famous Wolfgang’s Steakhouse Grill plus Wolfgang’s Wine & Spirits. With over 100,000 sf of additional inviting retail space, catering to pedestrian friendly shopping, dining, fitness/wellness and entertainment. The renaissance redevelopment is situated on approximately 14.5 acres and is the largest mixed-use project within Somerset County. Parking comprises 785 total on-site spaces, including two proposed multi-level parking decks, plus metered parking along West Main Street. Two off-site municipal parking lots opposite, aggregating an additional 326 parking spaces are also afforded.The Borough of Somerville is located within the center of affluent Somerset County, the “county seat” and is considered among the wealthiest counties within the nation containing over 14,000 businesses, many of which are major corporations and include Bridgewater Commons, a regional enclosed mall.With its rich history including General George Washington’s stay during the Revolutionary War, Main Street Somerville today maintains most of its historical buildings, although many are now boutique specialty shops and has quite a diverse and large selection of restaurants that draw people from the surrounding areas. In many ways, Somerville remains Somerset County’s downtown, and is the heart of its designated Regional Center, earmarked to become one of the most desirable downtowns within the Garden State.
AVAILABLE RETAIL SPACEPhase I: (Immediate Occ.) ±1,831 sfPhase II: (Projected Q3 2018) ±42,000 sf ground level retail (Divisible 1,500 sf) Proposed 90,000 sf Fitness/Wellness Center
Signalized Intersection W. Main & S. Davenport StreetView from West Main Street ShopRite
Chase Bank