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Financial
Distress signals
Property profile

2 Pearl St C Trenton, NJ 08609

FOR SALE
Other industrial properties
Property ID
US59-3126467
11,857 SF 0.54 ac lot Built 1880
Last sale Nov 2009 · $525,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial building offering 11,857 square feet of total leasable space divided into four distinct units, supporting multi-tenant occupancy and potentially customized configurations for different operational needs. One unit includes a dedicated outdoor lot that can be used for functions such as parking, storage, fleet-related activities, or other outdoor operations. The building is located in Trenton and provides access to major roadways and nearby amenities and business…

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?
$15k
Tax billed · 2022
Assessed value · 2023$266k
Assessed land$172k
Assessed improvement$95k
Effective rate5.46%

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$315k
NOI build-up
Gross scheduled income$86k
Vacancy & credit loss−$6k
Operating expenses−$28k
NOI · 84.69% cap applied$52k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$87/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$38 – $148
Qualifying comparables3

Cap rate analysis

How does the asset earn?
84.69%
$52k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency18.5
Auto Parts Store12.6
Storage Facility10.3

Location

2 Pearl St, Unit C Trenton, NJ 08609
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 15 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
642 State, Trenton, NJ 08609-1104 $1,400,000 Jun 2022 16,996 SF
1437 State St, Hamilton, NJ 08609-1713 $3,832,500 Feb 2022 No data
1000 Nottingham, Hamilton, NJ 08609-1902 $350,190 Mar 2021 30,380 SF
584 State, Hamilton, NJ 08609-1102 $85,248,352 Oct 2018 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
6 properties of the same type nearby
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