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    23 Jefferson Plz Princeton, NJ 08540

    Sponsored
    For Sale
    $230,000

    Executive Office Space, Investment Opportunity

    Property size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-story commercial office building, located at 23 Jefferson Plaza in South Brunswick, New Jersey, presents a compelling investment opportunity. Boasting 1,200 square feet of space, this property sits on a 0.015-acre lot and was constructed in 1985. Currently tenant-occupied, the lease is set to expire in December 2024, offering immediate income potential and future customization options. The building's prime location, conveniently situated off Route 1 in Princeton, NJ (zip code 08540), ensures high visibility and easy access. Ideal for a variety of professional uses, from accounting and consulting to insurance and other commercial ventures, this versatile property is perfect for both new startups and expanding businesses. The property benefits from a recently upgraded HVAC system, installed in 2023, enhancing its efficiency and appeal. The asking price is $230,000. This is a rare chance to acquire a well-located, income-producing asset in a thriving market. The property is classified as both Commercial and Executive Office space. Serious inquiries are encouraged.

    Property Features for 23 Jefferson Plz

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,200 SF

    Building Details

    Year Built
    1985
    Stories
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Hesa Environmental Corporation Environmental Consultant

    Suggested Use

    Realty agency Restaurant Law Firm 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
    Middlesex
    State
    New Jersey
    Longitude
    -74.5826135
    Latitude
    40.3807443

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Office Space, Investment Opportunity
    Where is this office property / space located?
    The property is located at 23 Jefferson Plz Princeton, NJ.
    What is the asking price?
    The asking price for this property is $230,000.
    Request Owner's contact information
    23 Jefferson Plz 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
    23 Jefferson Plz Princeton, NJ 08540
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