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    OFF-MARKET
    Office Spaces

    451 Wall St, Princeton, NJ 08540

    30,026 SF Built 1968
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1968
    Total area 30,026 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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