Retail Space with
New
For Lease
$25 SF/Yr
157 W DELAWARE Avenue, Pennington, NJ 08534
CommercialLease, PENNINGTON, NJ
Space Size784 SF
Days on Market4
Property Features for 157 W DELAWARE Avenue
General Information
Property type
Other
Property subtype
Retail
Parking
15
Parking features
Parking Lot
Elementary school district
HOPEWELL VALLEY REGIONAL SCHOOLS
Middle school district
HOPEWELL VALLEY REGIONAL SCHOOLS
High school district
HOPEWELL VALLEY REGIONAL SCHOOLS
Standard status
Active
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1970
Building materials
Brick
Listing Agency:
Smires & Associates
(609) 259-1414
Listed By:
Salvatore Bua · License #1430436
(609) 439-8699
Added: Sep 22
Changed: Sep 23
Last Checked: Sep 25 at 5:06AM
MLS# NJME2084084
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This approximately 784 SF retail space is located at 157 W Delaware Avenue in Pennington, New Jersey. The property was built in 1970 and features brick construction, central air conditioning, forced-air heating, and access to a parking lot. A minimum five-year lease term applies.
The space sits just off Route 31 within an established commercial corridor. Nearby businesses include Uncle Ed's, Boro Restaurant, Starbucks, Goodwill, Verizon, and Painters Loft, placing the suite among a mix of national and local retailers. Its location provides convenient access to the surrounding retail area and Route 31 traffic.
The space sits just off Route 31 within an established commercial corridor. Nearby businesses include Uncle Ed's, Boro Restaurant, Starbucks, Goodwill, Verizon, and Painters Loft, placing the suite among a mix of national and local retailers. Its location provides convenient access to the surrounding retail area and Route 31 traffic.
Key Highlights
- Approximately 784 SF retail space
- Located just off Route 31 in Pennington Borough
- Nearby businesses include Starbucks, Goodwill, Verizon, and Boro Restaurant
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
725
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 50%
Dining 30%
Shops & Services 12%
Electronics 4%
Pennington Quality Market
Groceries
16,694 visits/mo
0.1 miles
Burger King
Dining
9,469 visits/mo
0.2 miles
Exxon
Shops & Services
3,788 visits/mo
0.2 miles
Verizon
Electronics
1,265 visits/mo
0.2 miles
Great Clips
Beauty & Spa
1,045 visits/mo
0.1 miles
Demographics for 08534, NJ
12,955
Population
5,107
Households
2.5
Avg Household Size
45
Median Age
72%
College-Educated
97%
High-School Grad
21.8 sq mi
ZIP Area
594
Density / Sq Mi
$180,491
Median Household Income
$94,154
Median Earnings
$2,106
Median Rent
$573,100
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Central air, forced-air heat, and lot parking support a practical commercial setup.
Where is this retail space located?
The property is located at 157 W DELAWARE Avenue Pennington, NJ.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Approximately 784 SF retail space; Located just off Route 31 in Pennington Borough; Nearby businesses include Starbucks, Goodwill, Verizon, and Boro Restaurant
