Financial
Distress signals
Property profile

222-224 Hanover St 224 Trenton, NJ 08608

OFF-MARKET
Commercial real estate
Property ID
US59-2635401
4,491 SF 0.11 ac lot Built 1887
Last sale Apr 2024 · $195,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$101k
Assessed land$70k
Assessed improvement$31k
Effective rate5.46%

Value estimate

· Sep 2026
$195k
$176k – $215k
AI approach$195k

Realmo valuation models over county records and 9 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 comparables9

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 agency34.1
Gym & Fitness14.1
Skin Care Clinic13.6

Location

222-224 Hanover St, Unit 224 Trenton, NJ 08608-1804
County assessor Recorded deeds · 3 transfers 9 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
23 Warren, Trenton, NJ 08608-2107 $335,000 Dec 2024 3,775 SF
208 State, Trenton, NJ 08608-1007 $300,000 Jun 2024 4,852 SF
45 State, Trenton, NJ 08608-1707 $380,000 Apr 2024 3,660 SF
324 Broad, Trenton, NJ 08608-2500 $475,000 Apr 2024 5,152 SF
9 Broad, Trenton, NJ 08608-2101 $100,000 Jan 2024 5,336 SF
129 Broad, Trenton, NJ 08608-1303 $250,000 Jan 2024 4,384 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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