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.nCurrently, 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 28 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.

Features
: Baseboard - Hot Water
: Central a/c, Ceiling fan(s), Window Unit(s)
: Street, Garden/lawn
: Private, Paved parking
Y
: Brick
: Concrete Perimeter
N
: Other
: Electric
: Natural gas
: Natural gas
: Unattached Personal Property And Flat Screen Televisions
: Stainless Refrigerator
: Irregular, Level, Road Frontage, Landscaping, Other
N
: Smoke detector, Surveillance Sys
: Electric Available, Cable Tv, Natural Gas Available
Address Map
From Princeton Pike South, cross over Rt 206, 1900 Princeton Ave on your left. From Rt. 206 South, right turn onto Princeton Ave, 1900 will be on your left.
MLS Addon
Annually
Annually
SLACKWOOD
LAWRENCE H.S.
LAWRENCE
LAWRENCE TOWNSHIP PUBLIC SCHOOLS
8,400 Sqft
: Good
: Other
8,400 Sqft
$17,360
2020
HC
: Public Sewer
: Public
N
3144628
$0

Multi-family For Sale

1900 PRINCETON AVENUE, TRENTON, New Jersey 08648

8,400 Sqft
$1,300,000
Listing ID #NJME2000327
Basic Details
Property Type : Multi-family
Status : ACTIVE
Listing ID : NJME2000327
Price : $1,300,000
Sqft : 8,400 Sqft
Year Built : 1952
Lot Area : 0.56 Acre
Price Per SQFT : $155
Lot SQFT : 24,393.60 Sqft
Ownership Interest : Fee Simple
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