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    2405 Pennington Rd, Unit PENNINGTON Pennington, NJ 08534

    For Sale
    $499,999

    Adaptable property in Pennington, NJ, ideal for investment or residence.

    Lot size:
    0.58 Acres

    Property Features for 2405 Pennington Rd

    General Information

    Standard status
    Active
    Lot size
    0.58 Acres

    Building Details

    Year built
    1918

    Source: CENTURY 21 VETERANS-PENNINGTON Agent EWA SIENKOWSKI

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

    Overview

    Versatile Property in Pennington, NJ

    Located in Pennington, New Jersey, this property offers a versatile opportunity for investment or residential use. Previously utilized as a combination of office space on the first floor and living space on the second floor, the property is suited to various needs. Recent updates include a newer roof and siding. The property features two decks, central air conditioning, ample parking, and a full basement. A spacious detached garage provides additional storage or workspace. The property is equipped with two gas furnaces, two hot water heaters, and two electric meters. Its location provides convenient access to major highways, including I-295.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vicpol electric, LLC Electrician Acupuncture & Chiro Healing Chiropractor XpressMaids House Cleaning ... Cleaning Products Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pennington
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.783337
    Latitude
    40.2978372

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    FAQs

    What type of property is this?
    Office space - Adaptable property in Pennington, NJ, ideal for investment or residence.
    Where is this office space located?
    The property is located at 2405 Pennington Rd, Unit PENNINGTON Pennington, NJ.
    What is the asking price?
    The asking price for this property is $499,999.
    What are key features of this property?
    This property features: - Located in Pennington, NJ with top-rated school district.; - Flexible property suitable for investment, rental income, or residential use.; - Newer roof and siding.
    (800) 594-9178
    Request Owner's contact information
    2405 Pennington Rd, Unit PENNINGTON 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
    2405 Pennington Rd, Unit PENNINGTON Pennington, NJ 08534
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