Financial
Distress signals
Property profile

576 State St Trenton, NJ 08609

OFF-MARKET
Other industrial properties
Property ID
US59-1138839
74,125 SF 0.75 ac lot Built 1950
Last sale Jul 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an approximately 80,000-square-foot, seven-story industrial building situated on a 0.75-acre lot. It was formerly known as the Lee Coveralls Building and includes six full stories above grade plus a finished basement. The layout provides roughly 11,500 square feet per floor, with each above-grade floor including one bathroom. The building has three loading docks along the rear, 11-foot clear ceiling heights, and one operational elevator. It is zoned Business B (BB) and is

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?
$131k
Tax billed · 2022
Assessed value · 2023$2.40M
Assessed land$250k
Assessed improvement$2.15M
Effective rate5.46%

Value estimate

· Sep 2026
$2.67M
$2.40M – $2.93M
Sales comparison$2.41M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$87/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$38 – $148

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency42.1
Dental Office19.4
Gym & Fitness16.6

Location

576 State St Trenton, NJ 08609-1102
County assessor Recorded deeds · 1 transfer Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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