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Property profile & analytics
OFF-MARKET
Estimated value
$56,855,000
Commercial real estate
301 Harrison St Princeton, NJ 08540-3527
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US59-2515255
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
216,000 SF
Lot
22.79 ac (992,602 SF)
Zoning code
SC
APN
14 07401-0000-00001- 011
UPID
US59-2515255
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
Current use
Occupant on record · Public records
-
ABC Nanny Source Daycare Center Foster Care Service
-
Image Arts (Bike/Boat/Book/etc) Store Home Decor Store
-
Nicole Cyrese Marketing & Advertising (Bike/Boat/Book/etc) Store
-
BELLA BOUTIQUE Clothing & Fashion Store
-
Center Barber Shop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$43.87M
Comparable Approach
Comparable
$77.06M
Blend (final)
Blend
$56.86M
Owner & transaction history
Princeton Sc Res Urban Renewal LLC · 3 yrs held
Princeton Sc Res Urban Renewal LLC
since 2023
Last sale
$65.0M
1 recorded transaction
Zoning & alternative use
SC · Princeton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Princeton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Princeton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$60,000,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$47,520,000
6.5%
$43,865,000
7%
$40,730,000
Blend value · Realmo final
$56.86M
Range $51.17M – $62.54M · ±10% · vs last sale $65.00M (Jun 29 2023)
Last sale anchor
$65.00M
Jun 29 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$263 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,229,874
Tax year 2023
Assessed value
$47,229,800
Assessed 2024
Previous assessed
$3,079,000
+1,433.9% YoY
Effective rate
2.60%
On assessed value
Assessed land
$11,395,000
Assessed improvement
$35,834,800
Land market value
$11,395,000
Improvement market value
$35,834,800
Total market value
$47,229,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Units
1
Total area
216,000 SF
Lot
22.79 ac (992,602 SF)
Zoning code
SC
APN
14 07401-0000-00001- 011
UPID
US59-2515255
Jurisdiction
MERCER
Zoning & alternative use
SC · Princeton, NJ
Zoning SC · permitted uses
SC · Princeton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Princeton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
22.79 ac
Current owner
From public records · entity-resolved
Princeton Sc Res Urban Renewal LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1221 MAIN ST STE #1000, COLUMBIA, SC 29201-3255
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2023
$8,650,000
Princeton Sc Res Urban Renewal LLC
Princeton Edens LLC
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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