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    994 Rte, Unit 206 Princeton, NJ 08540

    For Sale
    $1,200,000

    CommercialSale - PRINCETON, NJ

    Lot size:
    6.79 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 994 Rte

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    6.79 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1945
    Number of units
    1
    Architectural style
    Other

    Berkshire Hathaway HomeServices Fox & Roach, Realtors [email protected]

    Listing agent Renee Swillo (215) 862-3385

    Listing date Nov 28, 2025

    MLS# NJSO2004762 Listing URL

    Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two Parcel Property in Princeton

    This property features two parcels, totaling almost 7 acres, zoned REO 3 and approved for residential and/or commercial use. The DEP has approved 1 acre for usage. One parcel is a vacant lot, while the other includes a house with a long-term tenant, providing immediate revenue. The tenant in the house is on a month-to-month lease at $2,150.00 per month. Potential uses include an office building, playground, or automotive business. The property is being sold as a package with the adjoining parcel.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Princeton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.65632
    Latitude
    40.39358

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    FAQs

    What type of property is this?
    Commercial land - Two parcels zoned REO 3, approved for residential/commercial use.
    Where is this commercial land located?
    The property is located at 994 Rte, Unit 206 Princeton, NJ.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Two parcel property totaling almost 7 acres with approved usage.; - Zoned REO 3, approved for residential and/or commercial use.; - Includes a house with a long-term tenant providing instant revenue of $2,150.00 per month.
    (215) 862-3385
    Request Owner's contact information
    994 Rte, Unit 206 Princeton, NJ 08540
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    Princeton, NJ 08540
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    994 Rte, Unit 206 Princeton, NJ 08540
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