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101 NJ-31 12,000 SF Retail Building Pennington, NJ 08534 $3,995,000 ($332.92/SF)
Investment Highlights
- Magnificent property on Route 31 in Pennington!
- 12,000 SF modern building!
- Almost four acres of land!
Executive Summary
Long established business. Owner willing to sell business with all equipment with $ per $ inventory or just real estate without business. This is a magnificent property located on Route 31 in Pennington. Almost four acres of land and 12,000 SF building! Many uses possible including retail, restaurant etc!
Taxes & Operating Expenses (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$55,040
|
$4.59
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$55,040
|
$4.59
|
Taxes & Operating Expenses (Actual - 2022)
| Taxes | |
|---|---|
| Annual | $55,040 |
| Annual Per SF | $4.59 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $55,040 |
| Annual Per SF | $4.59 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
12,000 SF
Year Built
2000
Price
$3,995,000
Price Per SF
$332.92
Building Height
2 Stories
Building FAR
0.07
Lot Size
4.10 AC
Zoning
IC - IC
Property Taxes
| Parcel Number | 06-00037-0000-00022-03 | Total Assessment | $1,839,000 (2025) |
| Land Assessment | $967,000 (2025) | Annual Taxes | $55,040 ($4.59/SF) |
| Improvements Assessment | $872,000 (2025) | Tax Year | 2022 |
Property Taxes
Parcel Number
06-00037-0000-00022-03
Land Assessment
$967,000 (2025)
Improvements Assessment
$872,000 (2025)
Total Assessment
$1,839,000 (2025)
Annual Taxes
$55,040 ($4.59/SF)
Tax Year
2022
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101 NJ-31
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