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206 Washington Rd, Princeton, NJ 08540
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About this home
Investment opportunity in West Windsor NJ - minutes from the Princeton Junction Train Station! Two family property with both units occupied! Downstairs unit is a 2 bedroom, 1 bath leased at $1600/month through December 31, 2026. Upstairs unit is a 1 bedroom, 1 bath leased at $1400/month through April 30, 2026. Total income is $36,004.58 annually. Expenses: $16,451.21. NOI: $19,103.37. Two seperate metered systems - HVAC (2 units) 2008. Water heater 2022. Roof replaced in 2023 and exterior painted 11/2025. Very well maintained and offer off street parking and addtional storage in a detached garage. * * * Note: these units are leased at under market value rents. Estimated rent for 2 bedroom unit = $2,300/month and upstairs 1 bedroom at $1,800/month for a potential Gross income of : $49,200. Lead based paint certificate valid through 06/19/2026. Tenant occupied and agent required to accompany showings
Redfin Estimate
Market trends in 08540, NJ
Last updated July 2026
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Sale and tax history for 206 Washington Rd
- Sale History
- Tax History
$506/sq ft
$506/sq ft
Public record
Property details
Parking
- Parking Information
- # of Detached Garage Spaces: 2
- Garage Features: Garage - Front Entry
- # of Total Garage and Parking Spaces: 2
- Has Garage
- # of Garage Spaces: 2
- Detached Garage, Driveway, Parking Lot
Interior
- Interior Information
- Living Area Sq.Ft. Source: Estimated
Exterior
- Property Information
- Total Below Grade Sq. Ft.: 0
- Improvement Assessed Value: $139,700
- Ownership Interest: Fee Simple
- Property Condition: Very Good
- Year Built Source: Assessor
- Building Information
- # of Levels (Total): 2
- # of Units (Total): 2
- Construction Materials: Frame
- Foundation Details: Block
- Other Structures: Above Grade, Below Grade
- Roof: Asphalt
- Structure Type: Detached
- Lot Information
- Lot Size Dimensions: 50.00 x 175.00
- Lot Dimensions Source: Assessor
- Tidal Water: No
- Land Information
- Land Assessed Value: $189,000
- Above Grade Information
- Finished Sq.Ft.: 1,234
- Finished Sq.Ft. Source: Estimated
- Below Grade Information
- Unfinished Sq.Ft. Source: Assessor
- Finished Sq.Ft. Source: Assessor
Financial
- Tax Information
- Tax Assessed Value: $328,700
- Tax Year: 2025
- Tax Annual Amount: $10,393
- Assessments Information
- Year Assessed: 2025
- Lease Information
- Existing Lease Type: Yearly
- Rental Information
- Total Actual Rent: $36,000
Utilities
- Utilities Information
- Central Air
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Central
- Heating Fuel: Natural Gas
- Hot Water: Electric
- Sewer Septic: Public Sewer
- Water Source: Public
- Municipal Trash: Yes
Location
- Multi Unit Information
- # of One Bedroom Units: 1
- # of Two Bedroom Units: 1
- # of Units Leased: 2
- Units Furnished: None
- Other Units: Unit 1,Unit 2
- Gross Income: $36,004.58
- Gross Scheduled Income: $36,000
- Net Operating Income: $19,103.37
- Income Includes: Apartment Rentals
- Operating Expense: $16,451.21
- School Information
- School District Name: WEST WINDSOR-PLAINSBORO REGIONAL
- School District Source: Listing Agent
- Location Information
- Directions: Route 1 to Washinton Road (or Princeton Junction Rd | Rt 571)
- Municipality: WEST WINDSOR TWP
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 1,690
- Stories: 1.5
- Lot Size: 8,751 square feet
- Style: Single Family Residential
- Year Built: 1930
- Year Renovated: —
- County: Mercer County
- APN: 1300083 00033
Around this home
Schools
Public PreK-3 • Assigned • 1.5mi
Public 6-8 • Assigned • 1.9mi
Public 9-12 • Assigned • 1.8mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 102° expected this year, 14 days in 30 years
27% chance of strong winds in next 30 years
5 unhealthy days expected this year, 6 days in 30 years
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.
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Home values near 206 Washington Rd
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 1542 Sq. Ft. | $668,777 |
- Beds | - Baths | 2106 Sq. Ft. | $742,291 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 2086 Sq. Ft. | $723,907 |
- Beds | - Baths | 2462 Sq. Ft. | $791,977 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $576,820 |
- Beds | - Baths | 1797 Sq. Ft. | $644,560 |
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