CCertihomes
2516 Pennington Road, Hopewell Twp, NJ 08534

$429,900

0 beds 0 baths 2,400 sqft Built 19351 days on marketActive

About this home

Building with great visibility on Route 31. Ideal for conversion to professional offices i.e.., medical, dental, bank. The main building is 2400SF and was the main location when an antique shop. there is also an 1800 SF warehouse in rear of property which one can lease out for additional income as well as one other building that can be used for a separate shop or office. There is a circular driveway with plenty of parking space. Very high traffic as it is located less than 1/2 mile from the Route 31 circle and less than 7 minutes from main street in the historical town of Pennington. All buildings are currently being used for cold storage.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 4% APR.

Your estimated payment
$3,665/mo

Real estate (PITI + HOA + PMI)
$3,330
Principal + interest$1,950
Property tax + insurance$1,219
PMI / 2nd mortgage$161
Utilities
$560
Heating + cooling$118
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$112
Car insurance + maintenance$112
Other (entertainment)
$158
$3,665/mo TLC
Budget$5,000/mo
Remaining after TLC$1,335/mo
Purchase price
$429,900
Down payment
$21,495 (5%)
Loan amount
$408,405
APR
4%

Quick facts

Type
Commercial
Style
Year built
1935
Lot size
0.66 ac
Stories
2
Heating
Electric, See Remarks, Hot Water
Cooling
None, Window Unit(s)
Water
Well
HOA
Annual tax
$8,818
MLS #
2704858R
County
Mercer

Home features

Interior
Lighting Fixtures
Parking
DrivewayGravelOn Site
Flooring
See Remarks, Vinyl-Linoleum, Wood, Lighting Fixtures
Roof
Composition
Sewer
Septic Tank

Lot features

Highway Commercial

Neighborhood — 08534

MetricThis ZIPCountyUSA
Population8,2218,832,837299,088,112
Population Change Since199033.00%14.00%20.00%
Population Density4141,137
Male4,0924,307,827147,432,321
Female4,1304,525,010151,655,844
Never Married1,2601,965,81163,775,926
Married4,1983,647,435123,120,365
Separated227391,23912,639,686
Widowed390515,17215,467,586
Divorced380529,39323,075,029
Number Of House Hold2,9263,167,345111,826,380
Average House Hold Size2.732.732.60
Medial Age40.2937.1535.46
Median House Hold Income$109,077$63,392$48,276
Average House Hold Income$135,490$83,312$63,629
P C I$48,822$30,662$24,529
M D I$83,059$52,505$41,133
A T H E$87,404$61,369$50,898
S T R7.00%7.00%
W C J80.52%81.02%77.74%
(Zip) Code
8534

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Open in Google Maps →

Recently sold nearby

Central Jersey Multiple Listing System, INC

Listing information last refreshed 9/20/2026. Provided courtesy of CORCORAN SAWYER SMITH via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.