Property profile

20 Franklin Ave Pennington, NJ 08534

OFF-MARKET
Commercial real estate
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Property ID
US59-1506190
3,000 SF 0.38 ac Built 2004
Last sale Feb 2024·$1,075,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

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?
$16k
Tax billed · 2022
Assessed value · 2023$566k
Assessed land$113k
Assessed improvement$453k
Effective rate2.83%

Value estimate

· Nov 2026
$1.08M
$968k – $1.18M
AI approach$1.08M

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$111/SF
County average, outlier-cleaned · 839 recorded sales of this use type
Observed band · Q1–Q3$53 – $188
Qualifying comparables21

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-A
The intent of this zone is to promote single family residential uses
General categoryRESIDENTIAL
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 Supply9.8
Auto Repair Shop9.4
Convenience Store9.1

Location

20 Franklin Ave Pennington, NJ 08534-2234
County assessor Recorded deeds · 1 transfer 21 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2405 Pennington, Pennington, NJ 08534-5215 $340,000 Oct 2024 1,932 SF
15-17 Main, Pennington, NJ 08534-2217 $410,000 Apr 2024 1,944 SF
44 Main, Pennington, NJ 08534-2817 $160,000 Sep 2022 3,640 SF
23 Delaware Ave, Pennington, NJ 08534-2238 $342,500 Mar 2022 2,789 SF
12 Delaware, Pennington, NJ 08534-2201 $660,000 Mar 2021 3,000 SF
2580 Pennington, Pennington, NJ 08534-3206 $600,000 Feb 2021 2,194 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
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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