Property summary
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… second-floor 1200 square foot, two-bedroom apartment. Building #2, though noted as 95 Somerset Street on mailboxes, is part of the same parcel and legally addressed as 53 Somerset Street. This 850 square foot, single-story metal commercial building offers one bay and a half bath. Both buildings benefit from fenced, stoned vehicle storage areas. The property is currently rented to long-term, local business owners, with tenants responsible for their own utilities. This property offers a strong combination of commercial rental income and residential potential, making it an ideal investment for a discerning buyer seeking a stable and profitable venture in a desirable New Jersey location. The property's versatile space and established tenancy provide immediate return on investment.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 38 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,850 SF
- Lot area
- 0.48 ac
- Stories
- 1
- APN
- 05 00018-0000-00015
- Zoning
- MR
- Assessed value · 2024
- $328,400
- Annual tax · 2023
- $10,870
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Everything in the Light report
- Full Property Data
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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