This prime mixed-use property offers an exceptional investment opportunity in a location that is second to none. Situated on 0.75 acres, this property features a thriving commercial space with a long-term lease and four fully occupied residential apartments, generating a strong and consistent income stream. Located just steps from the train station, this property benefits from unparalleled accessibility, making it highly attractive to both businesses and residents. The four apartments provide ensuring steady cash flow. With all units currently occupied by long-term, reliable tenants, you can start earning from day one. The property also offers ample on-site parking, adding to its appeal. This is not just a solid investment but also a value-add opportunity. With some modern updates and improvements, there is significant potential to increase rental income and enhance the overall value of the property. Given its location, income stability, and growth potential, this property is a rare find that stands out in the market. Don’t miss this one-of-a-kind opportunity to invest in a property with incredible potential in a prime location. The property is being sold strictly as-is, offering the buyer full control over any future renovations or enhancements.
Multi-familyProperty Type
1966Year Built
0.76 acresLot Size
$187Est. Price/Sq.Ft.
Listed by Yael L Zakut• Compass New Jersey, LLC - Princeton
•609-710-2021 (broker)
•jackie.sullivan@compass.com (broker)
Bought with Yuen Li “Ivy” Huang• BHHS Fox & Roach - Princeton
West Windsor Investment opportunity. 5 UNIT mixed use building on 0.75 acre with garage building in back for extra income. Fully leased 6500 square feet of mixed use space with long term tenants, near the train station, Route 1 and Princeton University.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
150 ft.
Lot depth
220 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Mercer County
APN
—
Parking Spaces
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Basement
—
Accessible
—
HOA Dues
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Garage
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Features
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Last updated by owner on Apr 9, 2023.
Property details
Parking
Parking Information
Private
Parking Lot
Interior
Interior Information
Living Area Sq.Ft. Source: Estimated
Basement Information
Basement: Yes
Partial
Multi Unit Information
# of Single Room Units: 3
# of Three Bedroom Units: 1
# of Units Leased: 5
Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
Income Includes: Shop Rentals, Apartment Rentals
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $462,200
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
# of Units (Total): 1
Construction Materials: Stone
Other Structures: Above Grade, Below Grade
Lot Information
Lot Size Dimensions: 150.00 x 220.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $257,500
Above Grade Information
Finished Sq.Ft.: 6,500
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
Tax Assessed Value: $719,700
Tax Year: 2023
Tax Annual Amount: $21,137
Assessments Information
Year Assessed: 2023
Rental Information
Rent Control: No
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C, Wall Unit
Cooling Fuel: Other
Other
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
School District Name: WEST WINDSOR-PLAINSBORO REGIONAL
School District Source: Listing Agent
Location Information
Cross Street: MORNING SUN AV
Directions: PER GPS
Municipality: WEST WINDSOR TWP
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Mercer County
APN: —
Home facts updated by county records on Apr 9, 2023
Around this home
Schools
Places
Transit
Maurice Hawk Elementary School
Public PreK-3 • Assigned • 1.4mi
9/10
Community Middle School
Public 6-8 • Assigned • 1.7mi
9/10
West Winsdor Plainsboro North
Public 9-12 • Assigned • 1.7mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Princeton, NJ • 08540
Average low and high temperatures (°F)
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58
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41
24
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Sun exposure
In this area, properties receive around 8.7 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.