Freestanding Office Building with
37 Station Drive West Windsor, NJ 08550
37 Station Drive, West Windsor, NJ, 08550
$2,399,000
For Sale
$2,399,000
COMMERCIAL - West Windsor, NJ
Property Size9,616 SF
Lot Size0.67 Acres
Price / SF$249.48
Days on Market22
Property Features for 37 Station Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- ROM2
- Parking
- 73
- Interior features
- Refrigeration
- Appliances
- Refrigeration
- Standard status
- Active
- APN
- 1300006000000010
- Size
- 9,616 SF
- Lot size
- 0.67 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 22414
Utilities
- Sewer type
- Public Sewer
- Heating system
- Radiant, Baseboard
- Cooling system
- Central Air
- Water source
- Public, Private
Building Details
- Year built
- 1980
- Floors in Building
- 2
- Flooring type
- Tile, Linoleum, Wood
- Building materials
- Block, Stucco
- Roof type
- Asphalt
Listing agency
DAVIS REALTORS
(732) 254-6700
Listed by
Brian Walsh
(732) 254-6700
Added: Jul 1 Updated: Jul 7 at 3:44PM Checked: Jul 22 at 4:06PM
MLS# 2700031R
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is a 9,616 SF freestanding, two-story office building configured into seven separate suites. Six of the suites are currently rented, and the layout supports an owner-occupant option given the potential for additional space within the building. The site includes an abundance of dedicated on-site parking, along with a secondary parking lot that is currently rented to a daily park operator. Recent improvements noted in the remarks include a newly paved parking lot and an upgraded roof and facade. Separate electric and gas meters are provided for each tenant, which can simplify utility management for multi-tenant operations.
The building is located at the entrance to the Princeton Junction Train Station, with the address listed as 37-41 Station Rd. The property is described as directly adjacent to the North East Corridor Train Station at Princeton Junction, offering quick rail access to NYC or Philadelphia. The remarks also note proximity to downtown Princeton, Penn Medicine Hospital, and Princeton University. The property includes 0.67 total acres between two separate lots, with 73 total parking spaces including 40 daily rental spots.
The tenant mix and suite configuration are suited to a range of professional office and medical office uses, as reflected in the listing remarks for users such as IT consulting, attorneys, accounting, real estate, counseling and therapy, ABA therapy, and physical therapy or dental. Zoning is listed as ROM2. This offering may fit buyers seeking either a multi-suite income position or a combination of occupancy and expanded use of the building’s available space.
The building is located at the entrance to the Princeton Junction Train Station, with the address listed as 37-41 Station Rd. The property is described as directly adjacent to the North East Corridor Train Station at Princeton Junction, offering quick rail access to NYC or Philadelphia. The remarks also note proximity to downtown Princeton, Penn Medicine Hospital, and Princeton University. The property includes 0.67 total acres between two separate lots, with 73 total parking spaces including 40 daily rental spots.
The tenant mix and suite configuration are suited to a range of professional office and medical office uses, as reflected in the listing remarks for users such as IT consulting, attorneys, accounting, real estate, counseling and therapy, ABA therapy, and physical therapy or dental. Zoning is listed as ROM2. This offering may fit buyers seeking either a multi-suite income position or a combination of occupancy and expanded use of the building’s available space.
Local Financial Insights For Healthcare Medical
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 | $283.9k | $29.52 |
| − Vacancy | −$61.3k | −$6.38 |
| EGI | $222.5k | $23.14 |
| − OpEx | −$89.0k | −$9.26 |
| NOI | $133.5k | $13.89 |
9,616 SF · lease $29.52/SF/yr · vacancy 21.60% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.91M
$1.67M – $2.23M
NOI $133,530 @ 7.0% cap · market cap 5.57%
Second Best
Office B
$1.23M
$1.08M – $1.44M
NOI $86,267 @ 7.0% cap · market cap 3.60%
Theoretical Best
Warehouse
$3.09M
$2.71M – $3.61M
NOI $216,568 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Office units - Freestanding two-story office building with multiple suites and abundant on-site parking near Princeton Junction.
Where is this office units located?
The property is located at 37 Station Drive West Windsor, NJ.
What is the asking price?
The asking price for this property is $2,399,000.
