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    Property profile & analytics

    2482 Pennington Rd Pennington, NJ 08534-5279

    • Office buildings
    • 1.62 lot acres
    OFF-MARKET
    Value Estimation
    $1,225,000
    Last Sale
    Jul 27, 2022
    $1,150,000
    Location Intelligence
    Property ID
    US59-0468715
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Devi Rastogi, MD / Obstetrician-Gynecologist
    • Sejal J. Amin, MD / Obstetrician-Gynecologist
    • Weidel Realtors / Real Estate Agency / Real Estate
    • Jeffrey K. Gross, MD / Obstetrician-Gynecologist
    • FedEx Drop Box / Shipping Service / Shipping And Mailing Service

    Property Details for 2482 Pennington Rd

    Lot size
    1.62 lot acres
    Zone code
    HBO
    Property type
    Office buildings
    APN
    06 00078-0000-00035
    APU
    600078000000035

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,280,000
      6.5%
      $1,195,000
      7%
      $1,145,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,090,000
      Geo Method
      $1,055,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,200,000
      Retail
      $1,320,000
      Mixed-Use
      $1,060,000
      Hospitality
      $1,030,000
      Educational
      $1,270,000
      Residential Income
      $1,335,000
      Energy
      $1,180,000
      Income-Based Land
      $1,290,000
      Food Service
      $1,285,000

    Location Insight

    • Map
    • Local Demand
    City
    Pennington
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.7829
    Latitude
    40.303
    CBSA code
    45940
    CBSA name
    TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $41,902
    $486,000
    $899,000
    $1,385,000
    -
    $486,000
    $899,000
    $1,385,000

    Comparable in this City

    • Value Estimation by Request

      2 Capital Way204b

      OFFICE BUILDING
      2 Capital Way204b, Pennington, NJ 08534-2521
      View Details
    • Value Estimation
      $1,040,000
      2,696 SF

      1 Hansen Pl

      OFFICE BUILDING • 2,696 SF
      1 Hansen Pl, Pennington, NJ 08534
      View Details
    • Value Estimation by Request

      2 Capital Way203d

      OFFICE BUILDING
      2 Capital Way203d, Pennington, NJ 08534-2521
      View Details
    • Value Estimation by Request
      1.65 Acres

      130 Rte 31st N

      OFFICE BUILDING • 1.65 Acres
      130 Rte 31st N, Pennington, NJ 08534-3620
      View Details
    • Value Estimation
      $300,000
      0.79 Acres

      2384 Pennington Rd

      OFFICE BUILDING • 0.79 Acres
      2384 Pennington Rd, Pennington, NJ 08534-5288
      View Details
    • Value Estimation by Request

      2 Capital Way203b

      OFFICE BUILDING
      2 Capital Way203b, Pennington, NJ 08534-2521
      View Details

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      Freestanding building with medical office layout and ample parking.
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    Similar Nearby for Lease

    • $13 SF/Yr
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      View Details
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      Prime Pennington Office Space, 24 Parking Spots
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      View Details
    • Contact for pricing
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    • $30,600
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      Charming Pennington Commercial Lease Opportunity

      Commercial lease in vibrant community with ample space and convenience.
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    • $5,600 /Mo

      Pennington Borough Office Space Available

      Office/professional space for lease, convenient location.
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    • $27 SF/Yr
      6,236 SF

      Pennington Retail Space Available

      Historic building, flexible space, prime location
      24 Main St, Pennington, NJ 08534
      View Details
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    Pennington, NJ 08534-5279
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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