Property profile

23 Delaware Ave U2 Pennington, NJ 08534

OFF-MARKET
Commercial real estate
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Property ID
US59-1994093
2,789 SF 0.19 ac Built 1900
Last sale Nov 2005·$300,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$9k
Tax billed · 2022
Assessed value · 2023$301k
Assessed land$114k
Assessed improvement$188k
Effective rate2.83%

Value estimate

· Nov 2026
$355k
$320k – $391k
AI approach$320k

Realmo valuation models over county records and 20 qualifying comparable sales.

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
Qualifying comparables20

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?
B-R
JurisdictionMERCER

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.8
Building Supply9.3
Plumbing Service9.0

Location

23 Delaware Ave, Unit U2 Pennington, NJ 08534-2238
County assessor Recorded deeds · 2 transfers 20 qualifying comp sales 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
2405 Pennington, Pennington, NJ 08534-5215 $340,000 Oct 2024 1,932 SF
15-17 Main, Pennington, NJ 08534-2217 $410,000 Apr 2024 1,944 SF
20 Franklin, Pennington, NJ 08534-2234 $1,075,000 Feb 2024 3,000 SF
44 Main, Pennington, NJ 08534-2817 $160,000 Sep 2022 3,640 SF
12 Delaware, Pennington, NJ 08534-2201 $660,000 Mar 2021 3,000 SF
2580 Pennington, Pennington, NJ 08534-3206 $600,000 Feb 2021 2,194 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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