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    Pennington, NJ Apartment Buildings for Sale

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    Titusville, NJ Trenton, NJ Lambertville, NJ
    Mixed-Use Property with Bank Lease
    $975,000
    3,509 SF
    Mixed-Use Property with Bank Lease

    228 W Delaware Ave, Pennington, NJ

    Mixed-use property featuring a bank lease and residential apartments.
    • Existing NOI: $70,000
    • Bank Leases 1,374 SF – Absolute Net Lease until 4/30/27
    • 3 Apartments; 2 Vacant
    • Corner of W. Delaware and Route 31
    • New Roof – 10 years
    Updated: Oct 3, 2025
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    Well-Maintained Multifamily in Pennington Borough
    $1,175,000
    Well-Maintained Multifamily in Pennington Borough

    17 --19 W Delaware Ave, Pennington, NJ 8534

    Five-unit multifamily property with upside potential in desirable Pennington Borough.
    • Prime location in desirable Pennington Borough with walkable downtown, top‑rated schools, and easy access to major routes.
    • Significant income upside potential through organic rent growth and conversion of storage space into a 6th unit.
    • Solid financial performance: $106,486 gross revenue and $69,402 net operating income with a lean 34.8% expense ratio.
    • Recent capital improvements including a new roof, upgraded electrical systems, solar panels, and renovated kitchens, reducing future capital expenditure risk.
    • Well‑maintained 5‑unit multifamily building with a balanced unit mix (two 2‑bedroom and three 1‑bedroom apartments).
    Updated: May 12
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    5-Unit Multifamily Property with Solar
    $1,175,000
    5-Unit Multifamily Property with Solar

    Well-maintained 5-unit downtown building with updated roof, electrical, solar, and renovated kitchens.

    17-19 W Delaware Avenue, Pennington, NJ 8534

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Pennington, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Family Property with Recent Renovations
    $695,000
    0.36 Acres
    Multi-Family Property with Recent Renovations

    Well-maintained multi-family property featuring six residential units and one garage.

    42 Maple Ave, Trenton, NJ 8618

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    Multi-Family Property For Sale
    $895,000
    0.25 Acres
    Multi-Family Property For Sale

    Multi-family property with seven units, generating income in Trenton, NJ.

    276 --278 Hillcrest, Trenton, NJ 8618

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    Mixed-Use Property with Restaurant
    $700,000
    0.55 Acres
    Mixed-Use Property with Restaurant

    Mixed-use property featuring a restaurant, apartment, garage, and parking.

    572 Klockner Rd, Hamilton, NJ 8619

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    Commercial Building with Redevelopment Potential
    $260,000
    Commercial Building with Redevelopment Potential

    Versatile commercial building suitable for various uses or redevelopment.

    1116 Nottingham Way, Hamilton, NJ 8609

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF
    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226

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    La Plata Land For Sale
    $250,000
    0.23 Acres
    La Plata Land For Sale

    0.23 acre parcel in La Plata, zoned CB.

    107 HOWARD Street, La Plata, MD 20646

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    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres
    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215

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    Off-Market Properties in Pennington, NJ

    Consider similar Off-Market properties in Pennington, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    17-19 Delaware Ave, Unit 19
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,944 SF Lot: 0.19 Acres
    Value Estimation by Request
    Unit 19

    17-19 Delaware Ave, Pennington, NJ 08534-2216

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    Marsh Cor Woodsvl Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,676 SF Lot: 1.00 Acre
    Value Estimation by Request

    Marsh Cor Woodsvl Rd, Pennington, NJ 08534

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    Pennington, NJ Apartment Buildings Investment Opportunities Market Analysis

    Explore 5 apartment buildings for sale in Pennington, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,509 square feet of properties for sale, with an estimated market value of $975,000.

    Sale prices for two-family homes in Pennington, NJ start at $975,000, averaging $975,000, and reaching up to $975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 13K
    Population Growth (5Y) +0.1%
    Median Household Income $180,491

    High-Yield Neighborhoods for Investment

    Identify Pennington submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    08534 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 2.99%
    Property Tax per SF $63.29 per sq ft
    Tax Rate vs County Average 0.08 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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