Lawrenceville Office Building For
1805 Princeton Ave Lawrenceville, NJ 08648
1805 Princeton Ave, Lawrenceville, NJ, 08648
$1,900,000
For Sale
$1,900,000
9,195 SF office building in Lawrenceville, New Jersey.
Property Size9,195 SF
Price / SF$206.63
Days on Market176
Property Features for 1805 Princeton Ave
General Information
- Standard status
- Active
- Size
- 9,195 SF
Building Details
- Year Built
- 1978
Listing Agency
eXp Realty, LLC
(908) 913-8708
Listed by
Peter Boutros · License #300361
(908) 913-8708
Source
Evrealestate
Added: Jan 23 Checked: Jul 17 at 2:47 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC
Investment Insights
Based on property information with market context.
Located at 1805 Princeton Ave in Lawrenceville, New Jersey, this commercial real estate offering consists of an office building with a total size of 9,195 square feet. The property is located in Mercer County.
Key Highlights
- Central air conditioning keeps you cool.
- Natural gas heating for efficient warmth.
- Forced air heating system in place.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $123.6k | $13.44 |
| − Vacancy | −$13.6k | −$1.48 |
| EGI | $110.0k | $11.96 |
| − OpEx | −$27.5k | −$2.99 |
| NOI | $82.5k | $8.97 |
9,195 SF · lease $13.44/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.18M
$1.03M – $1.37M
NOI $82,490 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.96M
$2.59M – $3.45M
NOI $207,086 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - 9,195 SF office building in Lawrenceville, New Jersey.
Where is this office building located?
The property is located at 1805 Princeton Ave Lawrenceville, NJ.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Central air conditioning keeps you cool.; Natural gas heating for efficient warmth.; Forced air heating system in place.
