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Property profile & analytics

32 Jefferson Plz Princeton, NJ 08540

  • Office Properties & Spaces
  • 2,000 SF
For Lease
Last Sale
Dec 02, 2021
$421,000
Value Estimations
$540,000
Cap Rate Potential
6%
Office Properties & Spaces
Location Intelligence
Property ID
US59-3137689
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • NovoPath, Inc. / Software Company
  • TechniQuest Corporation / Engineer

Property Details for 32 Jefferson Plz

Property size
2,000 SF
Zone code
OR
Property type
Office Properties & Spaces
APN
21 00096- 06-00032
APU
21000960600032

Description

This exceptional commercial property, located at 32 Jefferson Plaza in Middlesex, New Jersey, presents a unique investment opportunity. The property consists of a single-tenant, 2,000 square foot office building situated on a parcel of land zoned for business use. The property's address is 32 Jefferson Plaza, Middlesex, NJ 08540, with GPS coordinates of 40.3805561 latitude and -74.5823989 longitude. The Assessor's Parcel Number (APN) is 21000960600032. The building itself is a single-story structure with one suite, ideal for a single occupant or a small business seeking a dedicated space. Ample parking is available with three designated spaces. This property is perfect for a business seeking a convenient and easily accessible location in a thriving area. The property type is classified as both Land and Office, offering flexibility for potential development or continued use as a single-tenant office. Its location in Middlesex, near Princeton, NJ, provides excellent access to major transportation routes and a strong local workforce. The zoning designation is business, ensuring a wide range of potential uses. This is a rare opportunity to acquire a well-located, single-tenant office property with significant potential.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $540,000
    ML approach
    $510,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $545,000
    6.5%
    $500,000
    7%
    $465,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $554,000
    Market price range: $388k - $710k
    AI Estimate
    $416,000
    Market price range: $284k - $577k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $545,000
    Current use
    COMMERCIAL (GENERAL)
    $735,000
    Change: +34% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Princeton
County
Middlesex
State
New Jersey
Longitude
-74.5824
Latitude
40.3806
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$8,181
$60,000
$100,000
$160,000
-
$60,000
$100,000
$160,000
More about this property
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