Entity Owned Property summary
AI-generated overview
This office property is located in Princeton’s Central Business District at the corner of Nassau Street and Witherspoon Street, directly across from the main gates of Princeton University. The building is historic in character and contains office space on the 2nd and 3rd floors, totaling approximately 7,147 square feet. The offices offer views toward Nassau Street and Princeton University’s main entrance, and are positioned within walking distance of dining, shopping, and parking amenities.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
BRICK
Total area
25,100 SF
Lot
0.15 ac (6,650 SF)
Zoning code
CBCP
APN
14 00020- 01-00038
UPID
US59-3147263
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
-
Real Estate Agency
-
Financial Advisor
-
Loan Service Bank
-
Real Estate Agency
-
Financial Advisor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.10M
Comparable Approach
Comparable
$2.64M
Blend (final)
Blend
$4.38M
Owner & transaction history
since 2018
7 recorded transactions
Zoning & alternative use
CBCP · Princeton, NJ
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.38M
Value range
$3.94M – $4.82M
±10% around blend
Estimated value / SF
$175 / SF
Confidence
Property data
88
Market benchmarks
67
Comparable evidence
60
$3.94M
blend $4.38M
$4.82M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
25,100 SF
Lot area
0.15 ac
Stories
4
APN
14 00020- 01-00038
Zoning
CBCP
Assessed value
$7,060,000
Annual tax
$171,699
3
Income approach: direct capitalization
Partial preview
Income approach indication
$5.10M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$5.52M
@ 6.5% CAP return
$5.10M
@ 7% CAP return
$4.74M
4
Sales comparison
Partial preview
Sales approach indication
$2.64M
Range $1.52M – $5.26M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.38M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 35 sales
$391
-55%
County 839 sales
$111
+58%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $175/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$7.06M
Move the market yield to see immediate price impact.
Value / SF
$281
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$445k
$8.90M
$6.35M
$4.94M
$494k
$9.88M
$7.06M
$5.49M
$544k
$10.87M
$7.77M
$6.04M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$171,699
Tax year 2022
Assessed value
$7,060,000
Assessed 2023
Previous assessed
$7,060,000
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$3,559,800
Assessed improvement
$3,500,200
Land market value
$3,559,800
Improvement market value
$3,500,200
Total market value
$7,060,000
Applied tax rate
14.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Construction
BRICK
Heating
NONE
Stories
4
Units
1
Total area
25,100 SF
Lot
0.15 ac (6,650 SF)
Zoning code
CBCP
APN
14 00020- 01-00038
UPID
US59-3147263
Jurisdiction
MERCER
Zoning & alternative use
CBCP · Princeton, NJZoning CBCP · permitted uses
CBCP · Princeton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Construction
BRICK
Heating
NONE
Stories
4
Units
1
Lot
0.15 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CBCP
Jurisdiction
Princeton, NJ
Recorded code
CBCP
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBCP in Princeton, NJ.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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