On August 4, 2018, about 1200 eastern daylight time, a Bellanca 7GCAA, N87000, was substantially damaged when it was involved in an accident near Lakewood, New Jersey. The pilot sustained minor injuries. The airplane was operated as a Title 14 Code of Federal Regulations Part 91 banner-towing flight. The pilot reported that the preflight and ground operations, including a carburetor heat test, were uneventful. About 1000 he departed runway 24 at Lakewood Airport (N12), Lakewood, New Jersey, with full fuel tanks. After a 2-hour flight, he decided to return to the airport due to weather in the area. On final approach, at an altitude of about 500 ft agl, he reduced the throttle to idle as the airplane descended on the right side of runway 24, towards the banner drop-off area at the end of the runway. The pilot stated that he did not use carburetor heat during the approach. When the airplane was about tree height, the pilot pitched it up and added full throttle, preparing to drop the banner. He stated, "the engine continued to operate but produced very limited power while making abnormal combustion sounds." He verified the mixture was full rich and the throttle was full forward, then released the banner. The airplane was flying low and slow, so he pitched down and elected to land straight ahead. The airplane impacted small pine trees and terrain and came to rest about 500 ft past the departure end of runway 24. A Federal Aviation Administration (FAA) inspector performed an onsite examination of the airplane, which came to rest in a nose low, near-vertical position. The forward portion of the fuselage sustained substantial damage. The left wing was separated but still partially attached to the fuselage. Postaccident examination of the engine revealed no evidence of any preimpact mechanical malfunctions or failures that would have precluded normal operation. The engine's crankshaft was manually rotated by turning the propeller, and continuity of the crankshaft and thumb compression was confirmed on each cylinder. There was fuel present in the fuel lines, and the fuel was free of contaminates. At 1155, about 5 minutes before the accident, at Lakehurst Maxfield Airport (NEL), Lakehurst, New Jersey, about 8 miles west of the accident site, included temperature 23°C and dew point 23°C. The calculated relative humidity was 100%. Review of the icing probability chart contained in FAA Special Airworthiness Information Bulletin CE-09-35 revealed that the weather conditions at the time of the accident were "conducive to serious icing at glide [idle] power."