Financial
Distress signals
Property profile

81 Rte 31st N Pennington, NJ 08534

OFF-MARKET
Other commercial real estate
Property ID
US59-1985712
2.62 ac lot
Last sale Mar 2021 · $995,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This full-service car wash property is located on a large lot with access from a main roadway and high roadside visibility. The site is described as accommodating approximately 17 on-site parking spaces and provides additional space that may support expansion or added services. The building includes an office, restroom, waiting room, and a large equipment room, which together provide functional interior space for operating a car wash facility. The business operations are characterized by

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$30k
Tax billed · 2022
Assessed value · 2023$1.01M
Assessed land$542k
Assessed improvement$466k
Effective rate2.99%

Value estimate

· Sep 2026
$1.07M
$963k – $1.18M
AI approach$925k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$111/SF
County average, outlier-cleaned · 839 recorded sales of this use type
Observed band · Q1–Q3$53 – $188

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IC
JurisdictionMERCER

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.7
Storage Facility9.2
Wholesale Shop9.1

Location

81 Rte 31st N Pennington, NJ 08534-3601
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1595 Reed, Pennington, NJ 08534-5007 $4,750,000 Mar 2025 31,000 SF
2405 Pennington, Pennington, NJ 08534-5215 $340,000 Oct 2024 1,932 SF
8 Main, Pennington, NJ 08534-2218 $370,000 Oct 2024 1,656 SF
15-17 Main, Pennington, NJ 08534-2217 $410,000 Apr 2024 1,944 SF
1 Wash Cross Penn, Pennington, NJ 08534 $1,350,000 Apr 2024 10,828 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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