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$5,550
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Property Description
Excellent opportunity in Pennington Borough! Approximately 2,120 square foot retail space available for rent. The base rent is $22 per square foot plus $9.45/sf for NNNs. Looking for long term tenants. Great Visibility/Frontage. Pennington Square is a shopping center situated on +/- 3.6 acres at the southeast corner of the intersection on New Jersey State Highway 31 and Broemel Place in Mercer County Borough of Pennington, New Jersey. Current tenants include a mix of local, individual and National Tenant businesses, many of whom have been operating for a plethora of years. Those include: Verizon, Goodwill, Regent Floors, LJ Health Spa, Jersey Meds, Pennington Pizza Grill, Cheng's Kitchen, Road Runner Dry Cleaners, Artistic Nail Salon, & Thai Restaurant, Chiropractor/Acupuncture, & more. There are +/- 90 on-site parking spaces. The space is Located on busy Route 31 with heavy traffic flow with over 25,000 vehicles per day.
Full Property Details
Full Property Details for 7 N Route 31
General
- Price: $5,550
- Status: Active
- Type: Commercial Lease
- Source: BrightMLSTriStates
- MLS ID: NJME2065510
- Updated: 12/17/2025
- Added to Site: 124 day(s) ago
Business
- Business Type: Big Box Retail, Health Club, Professional, Other/Gene
Rental Information
- Lease/Rent Term: Negotiable
Parking
- Total Spaces: 92
- Parking Type: Parking Lot
Location
- Area: Pennington Boro (21108)
- Municipality: PENNINGTON BORO
- County: MERCER
- Development Name: None Available
- Subdivision: None Available
- Building Name: PENNINGTON SQUARE
- Cross Streets: Delaware
- Driving Directions: GPS
School Information
- School District: Hopewell Valley Regional Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: 60+ Gallon Tank
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Roof: Shingle
- Aprox. Leasable: 2,120 Sq. Ft.
- Current Bldg. Use: Other
- Year Built: 1978
- Year Built Source: Estimated
- Property Condition: Very Good
Lot Features
- Lot Size (Acres): 0.63
- Lot Size (Sq. Ft.): 27,237
- Lot Size Source: Estimated
- Lot Dimensions: 100 x 100
- Street/Road Desc.: US Highway/Interstate
- Zoning: B-H
Financial Considerations
- Price Per Sq. Ft.: $2.62
Disclosures and Reports
- Ownership: Other
Listed by Smires & Associates, Salvatore Bua
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Schools
Schools serving 7 N Route 31
School District:Hopewell Valley Regional School District
| Name | Grades | Distance |
|---|---|---|
Central High School, Pennington, NJ 259 Pennington - Titusville Road, Pennington, NJ 08534 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7 N Route 31
Date
Details
Price
Change
Source
9/15/2025
Listed
$5,550
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7 N Route 31
7 N Route 31, Pennington, NJ 08534 (MLS# NJME2065510) is a Commercial Lease property. 7 N Route 31 is currently listed for $5,550 and was received on September 15, 2025. Want to learn more about 7 N Route 31? Do you have questions about finding other Commercial Lease real estate for sale in Pennington? You can browse all Pennington real estate or contact a Coldwell Banker agent to request more information.

