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Property profile

642 State St Trenton, NJ 08609

OFF-MARKET
Other industrial properties
Property ID
US59-1259542
16,996 SF 1.01 ac lot Built 1950
Last sale Jun 2022 · $1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a single-story cinder block industrial building containing a 7,030-square-foot workshop/warehouse unit within a 17,330-square-foot structure. The unit is configured for light assembly or warehouse use and includes 16-foot ceilings, three-phase 480-volt electrical service, two drive-in doors, and one dock door. Interior accommodations include two bathrooms, an office, and a storage room. Building improvements include a heavy concrete floor and a sprinkler system, and the site is secured with fencing with on-site parking available.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$22k
Tax billed · 2022
Assessed value · 2023$404k
Assessed land$86k
Assessed improvement$318k
Effective rate5.46%

Value estimate

· Oct 2026
$1.41M
$1.26M – $1.55M
AI approach$1.47M

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

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 agency69.8
Dental Office32.7
Gym & Fitness26.9

Location

642 State St Trenton, NJ 08609-1104
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales 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

2 recorded sales · 15 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1437 State St, Hamilton, NJ 08609-1713 $3,832,500 Feb 2022 No data
1000 Nottingham, Hamilton, NJ 08609-1902 $350,190 Mar 2021 30,380 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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