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    Property profile & analytics

    31 Lexington Ave Ewing, NJ 08618-2301

    • Industrial properties
    • 7,894 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US59-0737331
    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

    • Greater Trenton Behav / Mental Health Service
    • Bright Insurance LLC / Insurance Agency
    • Oaks Integrated Care / Mental Health Service
    • Styleplus / Store

    Property Details for 31 Lexington Ave

    Year built
    1940
    Construction
    CONCRETE BLOCKS
    Lot size
    0.26 lot acres
    Property size
    7,894 SF
    Zone code
    BH
    Property type
    Industrial properties
    APN
    02 00320-0000-00066
    APU
    200320000000066

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $425,000
      6.5%
      $420,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $435,000
      Geo Method
      $415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $430,000
      Retail
      $465,000
      Mixed-Use
      $365,000
      Hospitality
      $450,000
      Educational
      $390,000
      Residential Income
      $460,000
      Energy
      $400,000
      Income-Based Land
      $395,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    Ewing
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.7914
    Latitude
    40.2516
    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
    $12,075
    $79,900
    $255,800
    $335,700
    -
    $79,900
    $255,800
    $335,700

    Comparable in this City

    • Value Estimation
      $465,000
      4,968 SF

      11-13 Chauncey St

      INDUSTRIAL (GENERAL) • 4,968 SF
      11-13 Chauncey St, Trenton, NJ 08618
      View Details
    • Value Estimation by Request
      8,400 SF

      54-60 Oakland St

      Distribution properties • 8,400 SF
      54-60 Oakland St, Trenton, NJ 08618
      View Details
    • Value Estimation by Request
      4.83 Acres

      400 Pennington Ave

      INDUSTRIAL (GENERAL) • 4.83 Acres
      400 Pennington Ave, Trenton, NJ 08618-3105
      View Details
    • Value Estimation
      $240,000
      7,349 SF

      501 Rev S Howard Woodson Jr Way

      INDUSTRIAL (GENERAL) • 7,349 SF
      501 Rev S Howard Woodson Jr Way, Trenton, NJ 08618-3811
      View Details
    • Value Estimation by Request
      1.26 Acres

      Marion St

      INDUSTRIAL (GENERAL) • 1.26 Acres
      Marion St, Trenton, NJ 08618
      View Details
    • Value Estimation
      $570,000
      56,790 SF

      501 Prospect St

      INDUSTRIAL (GENERAL) • 56,790 SF
      501 Prospect St, Trenton, NJ 08618-3640
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,400 SF

      Trenton Industrial Warehouse For Sale/Lease

      8,400 SF Warehouse, 22 Parking Spaces
      54-60 Oakland St, Trenton, NJ 08618
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    • $5,100,000
      80,000 SF

      Trenton Industrial Building For Sale

      80,000 SF industrial building suitable for warehouse or residential conversion.
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    • $38,000,000
      310,097 SF

      Trenton Flex/Industrial Space For Sale

      310,097 SF flex/industrial property available in Trenton, NJ.
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    • $359,999
      1,202 SF

      Ewing Mixed-Use Building - Great Potential

      Renovated Commercial Space w/ Apartment
      893 Parkway Ave, Ewing, NJ 08618
      View Details
    • $280,888
      1,416 SF

      Trenton Two-Family Investment Property

      Fully occupied two-family home in Trenton with reliable rental income.
      528 Mrtn King Jr, Trenton, NJ 08618
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    • $185,000

      Cleared Corner Lot in Trenton

      Two mixed-use lots for sale in Trenton, New Jersey.
      531-533 Pennington Ave, Trenton, NJ 08618
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    Similar Nearby for Lease

    • $12 SF/Yr
      37,500 SF

      Ewing Warehouse with Built-Out Office

      Warehouse with 2,500 SF office space and four overhead doors.
      1445 Lower Ferry Rd, Ewing, NJ 08618
      View Details
    • $9,253 /Mo

      Ewing Warehouse/Office Space Available

      7,931 SF warehouse/office space for lease in Ewing, NJ.
      31 Lexington St, Ewing, NJ 08618
      View Details
    • Contact for pricing
      8,340 SF

      Ewing Office and Retail Spaces

      Office and retail spaces available for lease in Ewing.
      1320 Parkway Ave, Ewing, NJ 08618
      View Details
    • $16 SF/Yr
      2,100 SF

      Ewing Retail Space For Lease

      Retail spaces available in active Ewing Square Shopping Center.
      950-970 Parkway Ave, Ewing, NJ 08618
      View Details
    • $26 SF/Yr
      6,817 SF

      Retail Center Near TCNJ Campus

      83,000 SF retail center with direct access to TCNJ.
      1932 Pennington Rd, Ewing, NJ 08618
      View Details
    • $21 SF/Yr
      40,000 SF

      Prime Trenton Executive Office Space

      40,000 SF Office Building Available
      221 Hanover St, Trenton, NJ 08618
      View Details
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    31 Lexington Ave
    Ewing, NJ 08618-2301
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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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