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Property profile & analytics
OFF-MARKET
Estimated value
$6,300,000
Commercial real estate
34 Chambers St Princeton, NJ 08542-3739
Trust Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-0093768
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
BRICK
Total area
4,280 SF
Lot
0.18 ac (8,000 SF)
Zoning code
CB
APN
14 00019- 02-00011
UPID
US59-0093768
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
-
Princeton Entrepreneurial Hub High School Vocational School
-
The Learning Point Training Center
-
Badenhausen Thomas M Law Firm
-
Batcha & Batcha Law Firm
-
E Harvey Meyers Arch Planners Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.30M
Owner & transaction history
The Trustees Of Princeton Universit · 2 yrs held
The Trustees Of Princeton Universit
since 2024
Last sale
$6.3M
6 recorded transactions
Zoning & alternative use
CB · 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
$6,300,000
ML approach
$6,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.30M
Range $5.67M – $6.93M · ±10% · vs last sale $6.30M (Apr 17 2024)
Last sale anchor
$6.30M
Apr 17 2024
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
$1,472 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$97,946
Tax year 2022
Assessed value
$4,027,400
Assessed 2023
Previous assessed
$4,027,400
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$1,528,800
Assessed improvement
$2,498,600
Land market value
$1,528,800
Improvement market value
$2,498,600
Total market value
$4,027,400
Applied tax rate
14.0000
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
Construction
BRICK
Heating
NONE
Stories
2
Units
1
Total area
4,280 SF
Lot
0.18 ac (8,000 SF)
Zoning code
CB
APN
14 00019- 02-00011
UPID
US59-0093768
Jurisdiction
MERCER
Zoning & alternative use
CB · Princeton, NJ
Zoning CB · permitted uses
CB · 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
Construction
BRICK
Heating
NONE
Stories
2
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
The Trustees Of Princeton Universit
Trust
Mailing address
1 NASSAU HALL, PRINCETON, NJ 08544-2001
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2024
$6,300,000
The Trustees Of Princeton Universit
Kinsale Properties LLC
Bargain And Sale Deed
—
Jun 15, 1990
$882,212
53 Bank Street Joint Venture
Unknown
Grant Deed
related
—
—
—
Kinsale Properties LLC
—
Deed Of Trust
related
$3,060,000 · First Bank
—
—
Kinsale Properties LLC
—
Deed Of Trust
related
$1,000,000 · First Bk
—
—
Kinsale Properties LLC
—
Deed Of Trust
related
$3,900,000 · First Bk
—
—
Kinsale Properties LLC
—
Deed Of Trust
related
$3,900,000 · First Bk
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.
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