Office Suite 206 is located on the second floor within Cornerstone Court in Pennington and provides approximately 690 square feet of office space. The suite is accessed via elevator or stairs and is configured as a smaller professional office. The space was previously used as an IT mainframe location for a small IT firm and is suitable for professional uses such as accounting, IT/computer operations, legal services, or similar office functions.

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?

$67k

Tax billed · 2022

Assessed value · 2023$2.25M

Assessed land$1.24M

Assessed improvement$1.02M

Effective rate2.99%

Value estimate

· Oct 2026

$2.22M

$1.99M – $2.44M

CAP approach$1.90M

Submarket $/SF estimate$2.54M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?

R-6

JurisdictionMERCER

Location intelligence

Which uses thrive at this corner?

Best fit: Building Supply

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Building Supply13.1

Wholesale Shop12.2

Auto Repair Shop11.1

1 Tree Farm Rd Pennington, NJ 08534-1463

County assessor Recorded deeds · 9 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 · 12 properties nearby

Address Sale price Sold Size

2 Capital Way203c, Pennington, NJ 08534-2521 $327,895 Oct 2023 No data

19 Brookside, Pennington, NJ 08534-2210 $385,000 Nov 2022 2,312 SF

2 Capital Way203f, Pennington, NJ 08534-2521 $703,000 Oct 2022 No data

2482 Pennington, Pennington, NJ 08534-5279 $1,150,000 Jul 2022 No data

1 Hansen, Pennington, NJ 08534 $950,000 Nov 2021 2,696 SF

2490 Pennington, Pennington, NJ 08534-5225 $650,000 Apr 2021 No data

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

Value Estimation
$2,535,000

14,740 SF

23 Rte 31st N

OFFICE BUILDING

23 Rte 31st N, Pennington, NJ 08534-1600

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Value Estimation
$985,000

2,696 SF

1 Hansen Pl

OFFICE BUILDING

1 Hansen Pl, Pennington, NJ 08534

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Value Estimation
$395,000

2,312 SF

19 Brookside Ave

OFFICE BUILDING

19 Brookside Ave, Pennington, NJ 08534-2210

View Details
Value Estimation
$385,000

1.00 Acre

132 Rte 31st N

OFFICE BUILDING

132 Rte 31st N, Pennington, NJ 08534-3607

View Details
Value Estimation
$380,000

1.38 Acres

107 Rte 31st N

OFFICE BUILDING

107 Rte 31st N, Pennington, NJ 08534-3602

View Details
Value Estimation
$310,000

5.00 Acres

130 Washington Xing Pe Rd

OFFICE BUILDING

130 Washington Xing Pe Rd, Pennington, NJ 08534-2508

View Details

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Similar Nearby for Lease

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Single-story office building for lease with direct visibility and signage along Route 31.

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R&D Laboratory Campus

Laboratory and R&D campus space is available for sale or lease at the Bristol-Myers Squibb Princeton West site.

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Manufacturing Property with R&D Campus

Large-scale research and manufacturing campus with laboratories, offices, clinical production, structured parking, and continuous data center operations.

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1 Tree Farm Rd Pennington, NJ 08534

Property summary