The property consists of a three-story, multi-purpose building totaling approximately 29,100 square feet, situated on an irregular-shaped parcel of approximately 11,723 square feet. The building is configured to include office space as well as an auditorium and a gymnasium. The sale included an additional address (127 Academy Street), and the parcels/buildings are capable of being sold separately.

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?

$54k

Tax billed · 2022

Assessed value · 2023$500k

Assessed land$153k

Assessed improvement$347k

Effective rate10.74%

Value estimate

· Nov 2026

$885k

$797k – $974k

AI approach$885k

Submarket $/SF estimate$1.10M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?

$61/SF

ZIP average, outlier-cleaned · 66 recorded sales of this use type

Observed band · Q1–Q3$40 – $89

Qualifying comparables7

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?

HIST

JurisdictionMERCER

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

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

Demand index

Realty agency14.5

Locksmith9.5

Accounting Firm9.2

140 Hanover St Trenton, NJ 08608-1704

County assessor Recorded deeds · 5 transfers 7 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

Address Sale price Sold Size

110-114 Warren, Trenton, NJ 08608-2304 $320,000 Apr 2025 6,140 SF

33 State, Trenton, NJ 08608 $260,000 Sep 2024 5,532 SF

35 State, Trenton, NJ 08608-1707 $350,000 Dec 2023 9,273 SF

39 State, Trenton, NJ 08608-1707 $310,000 Dec 2023 6,800 SF

156 State, Trenton, NJ 08608-1100 $452,500 Dec 2023 5,530 SF

13 State, Trenton, NJ 08608-1707 $230,000 Nov 2023 6,012 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

Value Estimation
$4,305,000

43,048 SF

428 State St, Unit 434

COMMERCIAL (GENERAL)

428 State St, Trenton, NJ 08608-1503

View Details
Value Estimation
$400,000

10,164 SF

18 Broad St, Unit 20

COMMERCIAL (GENERAL)

18 Broad St, Trenton, NJ 08608-1702

View Details
Value Estimation
$500,000

9,216 SF

28 State St Sta, Unit A

COMMERCIAL (GENERAL)

28 State St Sta, Trenton, NJ 08608-1602

View Details
Value Estimation
$470,000

8,820 SF

15 State St

COMMERCIAL (GENERAL)

15 State St, Trenton, NJ 08608-1205

View Details
Value Estimation
$465,000

7,860 SF

216 State St

COMMERCIAL (GENERAL)

216 State St, Trenton, NJ 08608-1002

View Details
Value Estimation
$370,000

7,296 SF

162-164 State St, Unit 164

COMMERCIAL (GENERAL)

162-164 State St, Trenton, NJ 08608-1104

View Details

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

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140 Hanover St Trenton, NJ 08608

Property summary