32 Jefferson Plz Princeton, NJ 08540
- Office Properties & Spaces
- 2,000 SF
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
-
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
- AI Estimate
- $416,000
Market price range: $388k - $710kMarket price range: $284k - $577k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $545,000 Current use
- COMMERCIAL (GENERAL)
- $735,000 Change: +34% Conversion: Easy
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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