Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,950,000
Commercial real estate
150 Lawrenceville Pennington Rd Lawrence Township, NJ 08648-1401
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-0810200
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2008
Total area
15,400 SF
Lot
1.77 ac (77,101 SF)
Zoning code
AT
APN
07 06005-0000-00233- 01
UPID
US59-0810200
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.93M
Blend (final)
Blend
$1.95M
Owner & transaction history
150 Penn Rd LLC · 3 yrs held
150 Penn Rd LLC
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
AT · Lawrence Township, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
§ 409 Apartment and Townhouse (AT) Residential District. [Ord. 2283-17, 12/19/17] A. Purpose. The Apartment and Townhouse (AT) residential zone is intended to provide for dwellings in a garden apartment , multi-story or townhouse confi guration at moderate
Zone name
Apartment And Townhouse
General category
RESIDENTIAL
Zone area
292.63 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lawrence Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrence Township submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,920,000
ML approach
$1,745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.95M
Range $1.76M – $2.15M · ±10% · vs last sale $2.08M (Mar 7 2023)
Last sale anchor
$2.08M
Mar 7 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$127 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$47,112
Tax year 2022
Assessed value
$1,580,400
Assessed 2023
Previous assessed
$1,580,400
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$442,500
Assessed improvement
$1,137,900
Land market value
$442,500
Improvement market value
$1,137,900
Total market value
$1,580,400
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2008
Heating
NONE
Stories
1
Units
1
Total area
15,400 SF
Lot
1.77 ac (77,101 SF)
Zoning code
AT
APN
07 06005-0000-00233- 01
UPID
US59-0810200
Jurisdiction
MERCER
Zoning & alternative use
AT · Lawrence Township, NJZoning AT · permitted uses
AT · Lawrence Township, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
§ 409 Apartment and Townhouse (AT) Residential District. [Ord. 2283-17, 12/19/17] A. Purpose. The Apartment and Townhouse (AT) residential zone is intended to provide for dwellings in a garden apartment , multi-story or townhouse confi guration at moderate
Zone name
Apartment And Townhouse
General category
RESIDENTIAL
Zone area
292.63 ac
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Stories
1
Units
1
Lot
1.77 ac
Current owner
From public records · entity-resolved
150 Penn Rd LLC
Entity
Mailing address
2376 RTE 33, ROBBINSVILLE, NJ 08691-1404
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2023
$2,080,000
150 Penn Rd LLC
Fcb Assets Holdings INC
Deed
$1,040,000 · Peoples Security Bank & Trust Compa
Dec 17, 2009
—
Fcb Assets Holdings INC
Moriello Plaza LLC
Deed In Lieu Of Foreclosure
related
—
Aug 30, 2007
—
Moriello Plaza LLC
—
Trustees Deed
related
$2,650,000 · First Constitution Bank
Apr 9, 2005
$315,000
Moriello Plaza LLC
Buxton,elizabeth
Grant Deed
$220,000 · Hopewell Valley Community Bank
—
—
Moriello Plaza LLC
—
Deed Of Trust
related
$100,000 · Hopewell Valley Community Bank
—
—
Moriello Plaza LLC
—
Deed Of Trust
related
$75,000 · Hopewell Valley Community Bank
—
—
Moriella Plaza LLC
—
Deed Of Trust
related
$60,000 · Hopewell Valley Community Bank
—
—
Moriella Plaza LLC
—
Deed Of Trust
related
$75,000 · Hopewell Valley Community Bank
—
—
Moriello Plaza LLC
—
Deed Of Trust
related
$320,000 · First Constitution Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 150 Lawrenceville Pennington Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
