Ground-Floor Office
For Sale
$299,000
B103-12 Roszel Rd, Princeton, NJ 08540
Five enclosed offices and an open central area provide a flexible workplace layout.
Property Size1,616 SF
Price / SF$185.02
Days on Market418
Property Features for B103-12 Roszel Rd
General Information
Standard status
Active
Size
1,616 SF
Space & Availability
Floor
Ground Floor
Condition
Newly Renovated
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$6,586
Listing Agency:
BHHS FOX & ROACH REALTORS
(609) 890-3300
Listed By:
SHARIF M. HATAB · License #788982
(609) 757-9647
Source:
Exprealty
Added: Sep 3, 2025
Changed: Oct 23
Last Checked: Oct 24 at 6:37PM
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 BHHS FOX & ROACH REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,616-square-foot office suite occupies the ground floor of an office complex in Princeton. Its layout includes five private offices and an open hall that can serve as shared workspace or circulation space. Recent improvements include updated finishes and newly installed air conditioning.
Roszel Road provides the address, with major highways, Princeton Junction Train Station, shopping centers, and the post office described as nearby destinations. The train station offers direct service to New York City.
Roszel Road provides the address, with major highways, Princeton Junction Train Station, shopping centers, and the post office described as nearby destinations. The train station offers direct service to New York City.
Key Highlights
- 1,616‑square‑foot ground‑floor office suite
- Five private office rooms and an open hall area
- New air conditioning recently installed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,497
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,940
$289.9K
Cap Rate 7%
$207,100
$207.1K
Cap Rate 9%
$161,078
$161.1K
Market Conditions
NOI Build-Up for 1,616 SF
Gross rent
$21.7K $13.44/SF
− Vacancy
−$2.4K −$1.48/SF
EGI
$19.3K $11.96/SF
− OpEx
−$4.8K −$2.99/SF
NOI
$14.5K $8.97/SF
Area
Mercer County, NJ
Vacancy
11.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,940
Cap Rate 7%
$207,100
Cap Rate 9%
$161,078
Alternative Uses
Best Use
Office B
$207.1K
$181.2K – $241.6K
NOI $14,497 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$519.9K
$454.9K – $606.6K
NOI $36,395 @ 7.0% cap · market cap 12.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,514
Businesses Nearby
Explore this area
Business Placement
Demographics for 08540, NJ
48,216
Population
19,255
Households
2.5
Avg Household Size
41
Median Age
82%
College-Educated
98%
High-School Grad
51.7 sq mi
ZIP Area
933
Density / Sq Mi
$169,898
Median Household Income
$80,357
Median Earnings
$2,083
Median Rent
$723,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Five enclosed offices and an open central area provide a flexible workplace layout.
Where is this office unit located?
The property is located at B103-12 Roszel Rd Princeton, NJ.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,616‑square‑foot ground‑floor office suite; Five private office rooms and an open hall area; New air conditioning recently installed
