Financial
Distress signals
Property profile

53 Somerset St Hopewell, NJ 08525

OFF-MARKET
Commercial real estate
Property ID
US59-1142604
2,850 SF 0.48 ac lot
Last sale Jul 2025 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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 mixed-use property in Hopewell, NJ, presents a lucrative investment opportunity. Located at 53 Somerset Street, the 0.48-acre lot encompasses two separate commercial buildings, offering a combined 3,600 square feet of space. Building #1, a masonry and frame structure at 53 Somerset Street, features oversized bays easily accommodating four vehicles. It also includes a half bath, a separate work area with a vehicle-sized back door leading to the yard, and a versatile

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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 · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value · 2024$328k
Assessed land$181k
Assessed improvement$148k
Effective rate3.31%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$275k

Realmo valuation models over county records and 38 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 comparables38

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?
MR
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 agency11.0
Dental Office8.9
Pharmacy8.8

Location

53 Somerset St Hopewell, NJ 08525-1806
County assessor Recorded deeds · 2 transfers 38 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
19 Seminary, Hopewell, NJ 08525-2016 $425,000 Dec 2023 1,765 SF
9 Broad, Hopewell, NJ 08525-1850 $1,350,000 Sep 2022 2,374 SF
45 Broad, Hopewell, NJ 08525-1830 $430,000 Sep 2022 1,782 SF
65 Broad, Hopewell, NJ 08525-1831 $2,185,000 Sep 2022 216 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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