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    132 Pennington Rd Pennington, NJ 08534

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    For Sale
    $799,000

    Freestanding building with medical office layout and ample parking.

    Lot size:
    1.00 Acre

    Property Features for 132 Pennington Rd

    General Information

    Standard status
    Active
    Lot size
    1.00 Acre

    Building Details

    Year built
    1986

    Source: CALLAWAY HENDERSON SOTHEBY'S INT'L-PRINCETON Agent GAYLE CIALLELLA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Stand-Alone Medical Office Building

    This stand-alone building, previously used as a medical office, is custom built with attention to detail and positioned on a hill offering high visibility in a prime location. The spacious floor plan includes a large 23x20 waiting room, a 16x12 admin office space, four exam rooms (10x12, 8x12, 9x12, and 8x12), two consultation rooms, and two baths. Additional spaces include an 11x12 lab and two 14x12 offices. A full walk-out basement provides ample storage. The property features a tankless hot water heater and a water softener. A private, well-lit parking lot accommodates 10+ cars. The basement measures 65x29. With imagination, this space offers endless possibilities to be what you want it to be.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Stony Brook Home Veterinary Care, Cats Only Veterinary Hospital & McSNIP

    Location Insight

    • Map
    • Local Demand
    City
    Pennington
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.782628
    Latitude
    40.297017

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    FAQs

    What type of property is this?
    Medical office - Freestanding building with medical office layout and ample parking.
    Where is this medical office located?
    The property is located at 132 Pennington Rd Pennington, NJ.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Prime location with high visibility.; - Spacious, custom-built floor plan with multiple exam and consultation rooms.; - Large, private, well-lit parking lot (10+ cars).
    (609) 921-1050
    Request Owner's contact information
    132 Pennington Rd Pennington, NJ 08534
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    Pennington, NJ 08534
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    132 Pennington Rd Pennington, NJ 08534
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