451 Wall St, Princeton, NJ 08540
This exceptional investment opportunity presents a two-story, 30,026 square foot Class C office building located at 451-475 Wall Street in Somerset County. Built in 1968 and renovated in 1976, the property boasts a total of two suites, with 8,305 square feet currently vacant, presenting significant potential for immediate income generation. The building offers convenient access to major highways, placing it within a 5-minute drive of downtown Princeton and a short distance from Princeton Airport. Commuters will appreciate the proximity to local Amtrak and NJ Transit train services, just 15 minutes from Princeton Junction Train Station. On-site amenities include a café/deli and on-site property management. The property also benefits from its location within the Research Park, a complex of seventeen 2-story office buildings totaling 425,000 square feet. Further enhancing its appeal is the adjacent municipal park, providing access to basketball courts, tennis courts, jogging trails, and a fitness center within walking distance. The building features 25 total parking spaces, a 24-hour access system, a security system, and a conferencing facility. Central heating and air conditioning are standard throughout. This property offers a unique blend of affordability, prime location, and convenient amenities, making it an ideal investment for discerning buyers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.