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Property profile

2 Rte 31st N Pennington, NJ 08534

OFF-MARKET
Banks
Property ID
US59-0839689
6,600 SF 2.62 ac lot
Last sale Oct 2004 · $1,995,509
Individually Owned Owner of record is an individual. 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 10,711 square foot freestanding commercial property, located at 2 Route 31 in Pennington, New Jersey, presents a unique leasing opportunity. The building, situated on a generous 2.5-acre lot, offers multiple suites ideal for executive office use. Currently, the entire 10,711 square feet is available for lease, divisible into spaces ranging from a minimum of 4,911 square feet to a maximum contiguous space of 5,800 square feet. The property boasts a convenient drive-thru…

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 · 2023

What does the county charge?
$61k
Tax billed · 2023
Assessed value · 2024$2.00M
Assessed land$787k
Assessed improvement$1.21M
Effective rate3.05%

Value estimate

· Oct 2026
$475k
$428k – $523k
AI approach$475k

Realmo valuation models over county records.

Recently sold

No data for this section
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?
O-B
The intent of this zone is to promote office commercial uses
General categoryCOMMERCIAL
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 Supply17.6
Wholesale Shop15.9
Auto Parts Store13.0

Location

2 Rte 31st N Pennington, NJ 08534-1624
County assessor Recorded deeds · 1 transfer 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

3 recorded sales · 9 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1 Main, Pennington, NJ 08534-2217 $1,450,000 Jan 2023 4,454 SF
5 Rte 31st N, Pennington, NJ 08534-1605 $605,000 Feb 2022 3,624 SF
3 Tree Farm Rd, Pennington, NJ 08534-1460 $1,259,000 Jun 2020 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
Research This Page with AI

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

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

Ask Rey → ChatGPT Grok Claude
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