Pennington, NJ Specialty properties for sale

$1,175,000

Well-Maintained Multifamily in Pennington Borough

17 --19 W Delaware Ave, Pennington, NJ 8534

Five-unit multifamily property with upside potential in desirable Pennington Borough.

Prime location in desirable Pennington Borough with walkable downtown, top‑rated schools, and easy access to major routes.
Significant income upside potential through organic rent growth and conversion of storage space into a 6th unit.
Solid financial performance: $106,486 gross revenue and $69,402 net operating income with a lean 34.8% expense ratio.
Recent capital improvements including a new roof, upgraded electrical systems, solar panels, and renovated kitchens, reducing future capital expenditure risk.
Well‑maintained 5‑unit multifamily building with a balanced unit mix (two 2‑bedroom and three 1‑bedroom apartments).

Updated: May 12

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$1,175,000

5-Unit Multifamily Property with Solar

17-19 W Delaware Avenue, Pennington, NJ 8534

Well-maintained 5-unit downtown building with updated roof, electrical, solar, and renovated kitchens.

Well‑maintained 5‑unit multifamily building in downtown Pennington Borough, built in 1860
Unit mix includes two 2‑bedroom and three 1‑bedroom apartments
Capital improvements include a new roof, upgraded electrical systems, solar panels, and renovated kitchens
Trailing 12‑month gross revenue of $106,486 with net operating income of $69,402 and a 34.8% expense ratio
In‑place rents suggest approximately $900/month organic growth, with 3rd‑floor storage conversion potential to add a 6th unit at an estimated $1,500/month

Updated: Apr 22

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Pennington, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$550,000

2,669 SF

Five-Unit Multifamily Asset Near Park

Stabilized five-unit multifamily property near Cadwalader Park in Trenton, NJ.

1114 STUYVESANT Avenue, Trenton, NJ 08618

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Versatile Commercial Property in Trenton

$255,000

1,872 SF

Versatile Commercial Property in Trenton

1,872 SF property suitable for various uses in Trenton.

671 PENNINGTON AVENUE, Trenton, NJ 8618

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Fully Leased Medical Investment Property

$6,500,000

0.10 Acres

Fully Leased Medical Investment Property

Class A building with long-term NNN leases in Princeton, NJ.

16 Chambers St, Princeton, NJ 8542

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Princeton Apple Montessori School For Sale

$4,500,000

7,200 SF

Princeton Apple Montessori School For Sale

Recently renovated school in affluent Princeton market.

48 Carter Rd, Princeton, NJ 8540

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$2,100,000

2.00 Acres

Prime Commercial Land in Lawrenceville

Two-acre commercially zoned land suitable for diverse development projects.

4032 Quakerbridge Rd, Lawrence Twp, NJ 8648

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$2,500,000

3.29 Acres

Hillsborough Twp. Commercial Land

3.29 acre lot in prime location on 206.

351 Doctors Way, Hillsborough, NJ 08844

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$1,500,000

8.84 Acres

Prime Highway Development Opportunity

8.84 acres at signalized intersection, Route 539 and Route 524.

Allentown, NJ 08501

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Highway Development Opportunity in Allentown

$1,500,000

8.84 Acres

Highway Development Opportunity in Allentown

8.84 acres of land for development in Upper Freehold.

22 Route 524, Allentown, NJ 08501

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Off-Market Properties in Pennington, NJ

Consider similar Off-Market properties in Pennington, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

DAY CARE, PRE-SCHOOL

3,800 SF Lot: 0.92 Acres

Value Estimation by Request

70 Rte 31st S, Pennington, NJ 08534-3111

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DAY CARE, PRE-SCHOOL

Lot: 14.73 Acres

Value Estimation by Request

15 Yard Rd, Pennington, NJ 08534-3906

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DAY CARE, PRE-SCHOOL

Lot: 5.14 Acres

Value Estimation by Request

Old Penn Law W Rd, Pennington, NJ 08534

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Pennington, NJ Specialty Properties Investment Opportunities Market Analysis

Explore 5 specialty properties for sale in Pennington, NJ on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,350,000.

Sale prices for properties in Pennington, NJ start at $1,175,000, averaging $1,175,000, and reaching up to $1,175,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
08534	$1.2M

Neighborhood

Average Price

08534

$1.2M

Pennington, NJ Specialty Properties for Sale

17 --19 W Delaware Ave, Pennington, NJ 8534

17-19 W Delaware Avenue, Pennington, NJ 8534