Property profile

Pennington, NJ 08534

OFF-MARKET
Investment properties
5.02 ac lot Built 1974
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Property summary

AI-generated overview

This exceptional 5.02-acre property in Pennington, NJ, presents a unique blend of business and residential investment potential. The centerpiece is a well-established landscaping business, already equipped with a diverse selection of mature plantings, ensuring immediate revenue generation. This turnkey operation offers a significant advantage for an experienced landscaper or a savvy investor looking to enter the market. Complementing the business is a modern, two-story home situated on the expansive grounds. This residence provides ample living space and offers considerable flexibility. It could serve as the owner's comfortable primary residence, or it could be rented out, generating additional passive income streams to further enhance the overall return on investment. The property's size and location in Pennington, NJ, offer significant advantages, providing ample space for business operations and a desirable residential setting. The combination of a profitable, established business and a versatile residential component makes this a truly rare and attractive opportunity for discerning investors seeking a multifaceted and lucrative investment. The asking price is $1,799,000. Serious inquiries only.

Property profile

Verified
Property type Investment properties
Year built 1974
Lot 5.02 ac (218,671 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Pennington, NJ 08534
Pennington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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