Property profile

101 Poor Farm Rd Princeton, NJ 08540

OFF-MARKET
Commercial real estate
Property ID
US59-1715872
16,567 SF 5.75 ac lot
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional three-story, 18,000-square-foot office building in Princeton, New Jersey, presents a unique investment opportunity. Located at 101 Poor Farm Road, this Class B property, built in 1980 and renovated in 1997, sits on a 4.83-acre lot in the OR1 zoning district. The building offers flexible space ideal for executive, medical, or traditional office uses, with suites ranging from 1,500 to 6,000 square feet. Features include ample natural light, large conference rooms, and executive offices. The property is equipped with high-speed FIOS and XFINITY internet, secure lower-level storage, and on-site property management. Abundant on-site parking (4.5 spaces per 1,000 sq ft) caters to tenants and clients, even accommodating larger events. Its prime location offers convenient access to amenities, Princeton and Rutgers Universities, and major transportation routes to New York City and Philadelphia. The asking price is $3,600,000 ($200/sq ft). The current owner occupies half the building and may consider a leaseback option. This presents a compelling opportunity for businesses seeking a well-maintained, versatile office space in a highly desirable location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 16,567 SF
Lot 5.75 ac (250,470 SF)
Zoning code OR1
APN 14 02801-0000-00008- 01
UPID US59-1715872

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Community Center
  • Consultant
  • Psychotherapist
  • Postal Service Courier Service

Location

101 Poor Farm Rd Princeton, NJ 08540-1941
Princeton metro Census 4205 TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$2.30M

Owner & transaction history

since 2025
6 recorded transactions
2025
Price N/A
2025
$3.0M
2024
Price N/A
2004
$1
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OR1 · Princeton, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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