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    Pennington, NJ Commercial Real Estate for Sale

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    Historic Mixed-Use Building in Pennington
    Updated: Feb 4
    Historic Mixed-Use Building in Pennington

    24 N Main St, Pennington, NJ 08534

    $1,685,000
    6,236 sqft 0.13 AC lot
    Prime downtown Pennington location with high visibility
    Mixed‑use building offering both owner‑user and investment potential
    Fully leased second and third floors provide immediate income
    Large, handicap‑accessible first‑floor space suitable for retail or office use, divisible into multiple units
    Historic building with updated interior and well‑maintained condition
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    This listing looks promising.

    Here's a quick look at some key insights for

    24 N Main St, PENNINGTON, NJ 08534

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $93K
      Annual

    • Mortgage

      $250K
      Aug 2017

    • Last Sold

      Aug 1996
      $328K
    View Property Analytics
    Historic Mixed-Use Building
    Updated: Feb 5
    Historic Mixed-Use Building

    24 N MAIN Street, Pennington, NJ 08534

    $1,685,000
    0.13 AC lot
    Historic mixed‑use building at 24 N Main Street in the center of Pennington Borough, originally built in 1890 as the Pennington Fire Station
    Total 6,236 SF: 2,968 SF first floor with handicap accessible street‑level storefront and separate entrance
    First‑floor layout has large open‑plan retail/office space and adjacent oversized room; can be subdivided into at least two units (min ~601 SF)
    Second and third floors total 3,268 SF and are fully leased long‑term to a prominent architectural firm with hardwood floors, tall ceilings, and large windows
    Second floor features up to eight private offices plus common work area and two bathrooms; third‑floor mezzanine offers a large open workspace
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    Historic Mixed-Use Office Building
    Historic Mixed-Use Office Building

    Pennington, NJ 08534

    Contact for pricing
    6,236 sqft

    Three leased floors with a handicap-accessible first floor featuring suites and separate entrances.

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    Preserved Farm with Historic Farmhouse
    Preserved Farm with Historic Farmhouse

    164 Blackwell Rd, Pennington, NJ 08534

    $499,000
    2,208 sqft 17.40 AC lot

    Approximately 17.4 acres with a circa-1883 farmhouse, subject to agricultural preservation requirements.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Multi-Purpose R&D Campus
    Multi-Purpose R&D Campus

    311 Pennington Rocky Hill Rd, Pennington, NJ 08534

    Contact for pricing
    1,150,000 sqft 433.00 AC lot

    Campus includes clinical manufacturing, R&D labs, office space, a parking garage, and a 24/7 worldwide data center.

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    Industrial Property on 7.10 Acres
    Industrial Property on 7.10 Acres

    1600 Reed Rd, Pennington, NJ

    Contact for pricing
    16,000 sqft 6.86 AC lot

    16,000 SF industrial building on a 7.10 acre lot.

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    Stand-Alone Medical Office Building
    Stand-Alone Medical Office Building

    132 Route 31, PENNINGTON, Pennington, NJ 08534

    $799,000
    1.00 AC lot

    Freestanding building with medical office layout and ample parking.

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    Full-Service Car Wash Facility
    Full-Service Car Wash Facility

    81 Route 31 N, Pennington, NJ 08534

    $1,999,000

    Large, highly visible car wash site with office, restrooms, waiting room, and an equipment room supporting full daily operations.

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    5-Unit Multifamily Property with Solar
    5-Unit Multifamily Property with Solar

    17-19 W Delaware Avenue, Pennington, NJ 08534

    $1,175,000

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

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    Hopewell Land Site For Sale
    Hopewell Land Site For Sale

    38 Route 31 North, Hopewell NJ, Pennington, NJ 08534

    $5,400,000
    12.00 AC lot

    12 acre land site on Route 31 North.

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    Land Near Woosamonsa Ridge Reserve
    Land Near Woosamonsa Ridge Reserve

    133 Woosamonsa Rd, Pennington, NJ 08534

    $500,000
    7.97 AC lot

    7.96 acres with development potential near Woosamonsa Ridge.

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    Route 31 Retail Opportunity
    Route 31 Retail Opportunity

    101 NJ-31, Pennington, NJ 08534

    $3,995,000
    12,000 sqft 4.00 AC lot

    12,000 SF building on almost four acres.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 12 Active listings in Pennington, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Preserved Farmland Parcel Opportunity
    Preserved Farmland Parcel Opportunity

    1292 Bear Tavern Rd, Titusville, NJ 08560

    $550,000
    27.00 AC lot

    27-acre preserved farmland with building exception in Hopewell Township.

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    Preserved Farmland in Lambertville
    Preserved Farmland in Lambertville

    12 Lynnbrook Drive, Lambertville, NJ 08530

    $1,400,000
    94.00 AC lot

    94-acre preserved farmland suitable for various agricultural uses.

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    Preserved Farmland Parcel with Homesite
    Preserved Farmland Parcel with Homesite

    Titusville, NJ 08560

    $550,000

    Preserved farmland parcel with an exception area for one single-family residence and an existing well.

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    Preserved Farmland Building Lot
    Preserved Farmland Building Lot

    Lambertville, NJ 08530

    $1,300,000

    Preserved farmland offers a one-acre building area, with a stream and a home in shell condition on-site.

    View details

    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.

    108 Titus Ml Rd
    INDUSTRIAL (GENERAL)

    108 Titus Ml Rd, Pennington, NJ 08534

    $675,000
    Estimated value
    1.76 AC lot
    View details
    1595 Reed Rd
    COMMERCIAL (GENERAL)

    1595 Reed Rd, Pennington, NJ 08534-5007

    Value Estimation by Request
    31,000 sqft 6.69 AC lot
    View details
    2405 Pennington Rd
    COMMERCIAL (GENERAL)

    2405 Pennington Rd, Pennington, NJ 08534-5215

    Value Estimation by Request
    1,932 sqft 0.58 AC lot
    View details
    8 Main St
    COMMERCIAL (GENERAL)

    8 Main St, Pennington, NJ 08534-2218

    Value Estimation by Request
    1,656 sqft 0.04 AC lot
    View details
    93 Rte 31st N
    INDUSTRIAL (GENERAL)

    93 Rte 31st N, Pennington, NJ 08534-3601

    $615,000
    Estimated value
    1.08 AC lot
    View details
    15-17 Main St, Unit 17
    COMMERCIAL (GENERAL)

    15-17 Main St, Pennington, NJ 08534-2217

    Unit 17
    Value Estimation by Request
    1,944 sqft 0.50 AC lot
    View details
    1 Wash Cross Penn Rd
    COMMERCIAL (GENERAL)

    1 Wash Cross Penn Rd, Pennington, NJ 08534

    $1,350,000
    Estimated value
    10,828 sqft 4.87 AC lot
    View details
    9 Washington Xing Pe Rd
    COMMERCIAL (GENERAL)

    9 Washington Xing Pe Rd, Pennington, NJ 08534-3515

    Value Estimation by Request
    1,624 sqft 1.03 AC lot
    View details
    20 Franklin Ave
    COMMERCIAL (GENERAL)

    20 Franklin Ave, Pennington, NJ 08534-2234

    $1,075,000
    Estimated value
    3,000 sqft 0.38 AC lot
    View details
    12 Main St
    COMMERCIAL (GENERAL)

    12 Main St, Pennington, NJ 08534-2225

    $1,235,000
    Estimated value
    11,238 sqft
    View details
    Del Ave
    COMMERCIAL (GENERAL)

    Del Ave, Pennington, NJ 08534

    Value Estimation by Request
    1,621 sqft 0.19 AC lot
    View details
    2 Capital Way203c
    OFFICE BUILDING

    2 Capital Way203c, Pennington, NJ 08534-2521

    Value Estimation by Request
    View details

    Pennington, NJ Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Pennington, NJ, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 20,444 square feet of properties for sale, with an estimated market value of $6,179,000.

    Sale prices for business properties in Pennington, NJ start at $499,000, averaging $2,059,666, and reaching up to $3,995,000 — 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 average listing prices of real estate assets

    Neighborhood Average Price
    08534 $1.6M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Mercer County

    New Delisted

    Total CRE Inventory on Market (SF)

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