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    200/204 N Harrison St, Unit PRINCETON Princeton, NJ 08540

    For Sale
    $1,750,000

    Mixed-use property with income and upside potential in Princeton.

    Lot size:
    0.28 Acres

    Property Features for 200/204 N Harrison St

    General Information

    Standard status
    Active
    Lot size
    0.28 Acres

    Building Details

    Year built
    1970

    Source: HARKES REALTY AND ASSOCIATES Agent SCOTT ADRIAN RICE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Princeton Mixed-Use Investment Opportunity

    This mixed-use property in Princeton presents an investment opportunity with existing income and potential for increased returns. It features a leased two-bedroom apartment, a dental office, and vacant office space. The office space is suitable for medical or professional use. Subject to city zoning approval, the office space could be converted into two additional residential apartments to increase rental income. A large, unfinished basement with interior and exterior access offers possibilities for storage rental, workspace, or other uses to generate supplemental income. The property's layout and location provide versatility for investors and owner-occupants, allowing them to capitalize on Princeton’s rental market.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.6415818
    Latitude
    40.3489699

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with income and upside potential in Princeton.
    Where is this mixed-use property located?
    The property is located at 200/204 N Harrison St, Unit PRINCETON Princeton, NJ.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Mixed-use property in the heart of Princeton with existing income streams.; - Potential to convert vacant office space into two additional residential apartments (subject to city zoning approval).; - **Large unfinished basement with interior and exterior access offers potential for supplemental income.**
    (609) 337-4200
    Request Owner's contact information
    200/204 N Harrison St, Unit PRINCETON 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
    200/204 N Harrison St, Unit PRINCETON Princeton, NJ 08540
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