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    66 Prince St Trenton, NJ 08638

    • Industrial properties
    • 114,088 SF
    • 1.43 lot acres
    For Lease
    View listing
    $7 SF/Yr
    Value Estimation
    $980,000
    Location Intelligence
    Property ID
    US59-1426796
    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

    • Industrial properties

    Property Details for 66 Prince St

    Year built
    1900
    Construction
    CONCRETE BLOCKS
    Lot size
    1.43 lot acres
    Property size
    114,088 SF
    Property type
    Industrial properties
    APN
    11 21704-0000-00001
    APU
    1121704000000001

    Description

    This exceptional 82,000-square-foot industrial property, located at 66-72 Prince Street in Trenton, New Jersey, presents a significant opportunity for businesses seeking warehouse or manufacturing space. The building, a three-story brick structure, boasts 16-foot ceilings, concrete floors, and heavy electrical service. Convenient access is provided by three drive-in doors and two loading docks, complemented by a freight elevator. Restrooms are situated on each floor for employee convenience. The property sits on a 1.43-acre lot and includes a fenced parking area with 16 spaces. The building is zoned Industrial B and benefits from its location within Trenton's Urban Enterprise Zone, offering potential incentives for relocating companies. The property features 800-amp power and enjoys easy access to major transportation arteries, including Routes 1, I-95, and I-295. Previously used for warehouse and drug manufacturing, and FDA-approved storage, this versatile space is ready for immediate occupancy. The entire 82,000 square feet is currently available for lease. This is a rare opportunity to secure a substantial, well-equipped industrial space in a strategic location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $960,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,205,000
      6.5%
      $1,195,000
      7%
      $1,160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,400,000
      Geo Method
      $1,340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,200,000
      Retail
      $990,000
      Mixed-Use
      $990,000
      Hospitality
      $1,045,000
      Educational
      $1,115,000
      Residential Income
      $955,000
      Energy
      $1,255,000
      Income-Based Land
      $1,195,000
      Food Service
      $970,000

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.7458
    Latitude
    40.232
    CBSA code
    45940
    CBSA name
    TRENTON-EWING, NJ 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
    $64,132
    $504,000
    $671,000
    $1,175,000
    -
    $504,000
    $671,000
    $1,175,000

    Comparable in this City

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    • Value Estimation by Request
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      15 Chadwick St

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      View Details
    • Value Estimation
      $755,000
      59,652 SF

      1101 New York Ave, Unit AFT

      INDUSTRIAL (GENERAL) • 59,652 SF
      1101 New York Ave, Trenton, NJ 08638
      View Details

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    66 Prince St
    Trenton, NJ 08638
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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
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