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    1900 Princeton Avenue

    TRENTON, NJ 08648
    • $1,500,000
    • STATUS: Active
    • ON SITE: 55 days
    • ID#: NJME2002126
    UPDATED: 59 min ago
    $1,500,000
    • 0
      BEDS
    • 0.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1952
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    This 8,400 square foot building is a mixed-use property consisting of 5 superior Apartment rental units, a fully equipped Barber Shop, a Cosmetic and Nail Salon, Beauty Salon, a 2 car Garage (12'x30') or could function as a large storage unit and a vacant front street facing Retail or food store. It is situated at the confluence of Rt 206, Princeton Pike and Rt 1, all coming south from nearby Princeton and an area that has many attractions, including Rider Univ, College of NJ and Princeton Univ, as well as theaters and major business centers, plus rail and road connections to Philly and NYC.Currently, the Barber Shop is vacant and the front of the building is available for a retail or food business easily seen and accessible from the busy road with ample parking for fast pick-ups. Overall 25 + parking spaces around this building! A conservative estimate of using current market rentals for like properties suggest a gross income range of $146,000 - $153,000 is very achievable . Currently, rentals are month to month!As a plus, Lawrence Township Certificate of Inspection was approved for the 5 Apartment units on 7/7/21, as well as NJ Certificate of Inspection was approved for multiple dwelling usage.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Paula Cashion | Keller Williams Central Delaware. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-21T23:52:41.997.
    www.paulacashion.com/homes/119813872
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    1900 Princeton Avenue TRENTON, NJ 08648

    • Price: $1,500,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: NJME2002126
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.56
    Acres
    1952
    Built
    Neighborhood:
    Lawrence Twp (21107)
    County:
    Mercer
    Area:
    Lawrence Twp (21107)
    Elementary School:
    Slackwood
    Middle School:
    Lawrence
    High School:
    Lawrence H.S.
    School District:
    Lawrence Township Public Schools
    Property Description
    This 8,400 square foot building is a mixed-use property consisting of 5 superior Apartment rental units, a fully equipped Barber Shop, a Cosmetic and Nail Salon, Beauty Salon, a 2 car Garage (12'x30') or could function as a large storage unit and a vacant front street facing Retail or food store. It is situated at the confluence of Rt 206, Princeton Pike and Rt 1, all coming south from nearby Princeton and an area that has many attractions, including Rider Univ, College of NJ and Princeton Univ, as well as theaters and major business centers, plus rail and road connections to Philly and NYC.Currently, the Barber Shop is vacant and the front of the building is available for a retail or food business easily seen and accessible from the busy road with ample parking for fast pick-ups. Overall 25 + parking spaces around this building! A conservative estimate of using current market rentals for like properties suggest a gross income range of $146,000 - $153,000 is very achievable . Currently, rentals are month to month!As a plus, Lawrence Township Certificate of Inspection was approved for the 5 Apartment units on 7/7/21, as well as NJ Certificate of Inspection was approved for multiple dwelling usage.
    Exterior Features

    Construction Materials Brick Garage YN No Location Type Business District Lot Features IrregularLandscapingOther Other Equipment None Parking Features Paved ParkingPrivate Parking Types Parking Lot Property Condition Good Riparian Rights YN No Road Surface Type Black Top Soil Types Unknown View Garden/LawnStreet Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 8400.00 Cooling Central A/CCeiling Fan(S)Window Unit(S) Exclusions Renters Personal Belongings Heating Baseboard - Hot Water Heating YN Yes Inclusions Everything Except Renters Personal Belongings Net Square Feet 8400.00

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Annual Gross Expense 15169.00 Assessment Year 2020 Association YN No Building Permits Unknown Business Type Hair Salon And SpaOther/General RetailParking GarageApartment Building Central Air YN Yes Cooling Fuel Electric Cross Street Rt. 206 Elevators 0 Entry Level 1 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Insurance Expense 7169.00 Internet Services Cable Lease Considered YN No Maintenance Expense 5000.00 Municipality Lawrence Twp Navigable Water YN N New Construction YN No Number Of Units Total 0 Operating Expense 15169.00 Operating Expense Includes Heating/CoolingInsuranceLandscapingSnow RemovalRepair/Maintenance Original MLSNumber 800867590646 Owner Pays GasHeatInsuranceLawn/Shrub CareRepairsSnow RemovalTaxes - Real EstateTrash Collection Ownership Interest Fee Simple Possession 31-60 Days Cd Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 17360.00 Tax Assessment Amount 598200.00 Tax Lot 00029 Transportation Commuter Rail Station 1 To 5 MilesBus Stop Less Than 1 Mile Utilities Natural Gas AvailableElectric AvailableCable Tv Vacation Rental YN No Water Sewer Hookup Fee 0.00 Water Source Public Zoning Hc Zoning Description Hc

    Listing courtesy of Weidel Realtors-Princeton.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Paula Cashion | Keller Williams Central Delaware. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-21T23:52:41.997.
     
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