Princeton Apple Montessori School For
48 Carter Rd, Princeton, NJ 08540
Recently renovated school in affluent Princeton market.
Type:Retail
Property size:
7,200 SFLot size:
2.67 AcresPrice / SF:
$625/SF- Added:
- Feb 20, 2026
- Days on Market:
- 86
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 48 Carter Rd
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Lot size
- 2.67 Acres
- Property subtype
- Retail
Listing agent Alex Geanakos License #IL: #475.189621
Listing office JLL - New York City, New York
Listing date Feb 20, 2026
Source Crexi
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 JLL - New York City, New York
HighLights
- 15‑year absolute triple‑net lease with annual rent escalations (lesser of CPI or 2.0%) provides long‑term, passive income.
- Corporate guaranty from Apple Montessori Schools, New Jersey’s largest and longest‑operating Montessori school network.
- Located in affluent Princeton market with high average household income ($361K+) and strong demographics.
- Recently renovated (2024), purpose‑built 7,200 SF facility.
- 2.67‑acre campus with spacious outdoor playground, securely fenced grounds, and newly constructed swimming pool.
- Proximity to Route 206 and downtown Lawrenceville.
Overview
The property offered for sale is an Apple Montessori School located in Princeton, NJ. The property is a recently renovated, purpose-built facility totaling 7,200 square feet. Situated in a highly affluent, family-oriented region, the property is 100% occupied by Apple Montessori Schools, New Jersey’s largest and longest-operating Montessori school network, with over 50 years of experience. Founded in 1972, Apple operates over 20 locations statewide. Located in the affluent Princeton market, the property benefits from proximity to Route 206 and downtown Lawrenceville, serving a high-income community with exceptional demographic fundamentals. The custom-built school sits on a 2.67-acre campus featuring a spacious outdoor playground, securely fenced grounds, and a newly constructed swimming pool. The Tenant will commit to a 15-year initial lease term with an absolute triple-net lease structure and rent escalations of the lesser of CPI or 2.0% annually, creating an attractive passive income opportunity for single-tenant investors who seek growing, long-term cash flow backed by established and reputable tenancy. The Tenant will also commit to a corporate guaranty backstopping the lease.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apple Montessori Schools ...
High School
Location Insight
- Map
- Local Demand
- City
- Princeton
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.714021
- Latitude
- 40.3161917
Nearby Similar for Sale
FAQs
What type of property is this?
School - Recently renovated school in affluent Princeton market.
Where is this school located?
The property is located at 48 Carter Rd Princeton, NJ.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 15‑year absolute triple‑net lease with annual rent escalations (lesser of CPI or 2.0%) provides long‑term, passive income.; Corporate guaranty from Apple Montessori Schools, New Jersey’s largest and longest‑operating Montessori school network.; Located in affluent Princeton market with high average household income ($361K+) and strong demographics.
