Princeton, NJ 08540,166 BUNN DR ##107 & 108 COMBINED
Princeton, NJ 08540,166 BUNN DR ##107 & 108 COMBINED
Princeton, NJ 08540,166 BUNN DR ##107 & 108 COMBINED
Princeton, NJ 08540,166 BUNN DR ##107 & 108 COMBINED
Princeton, NJ 08540,166 BUNN DR ##107 & 108 COMBINED
Princeton, NJ 08540,166 BUNN DR ##107 & 108 COMBINED
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$295,000

$375,000

21.3%
Est.Price: ?

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Est. payment /mo

1,378 SqFt


SOLD DATE : 04/04/2024

Key Details

Sold Price $295,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 1,378 sqft

Price per Sqft $214

MLS Listing ID NJME2037070

Sold Date 04/04/24

Originating Board BRIGHT

Year Built 1982

Annual Tax Amount $4,277

Tax Year 2022

Lot Dimensions 0.00 x 0.00

Property Description

This well maintained income producing Office is comprised of two condominium units, 107 and 108, which are combined as one Professional Office Condo that has 6 individual offices, 4 of which are leased. An Owner may occupy the entirety or keep the income producing leases. The association fee includes electric and heat, but each unit maintains its own HVAC. The HVAC unit was replaced in the summer of 2023. There are two separate tax bills for a combined Real Estate tax for 2023 in the amount of $6,877.27. This is a rare opportunity for a small office user to own real estate for less than the average rent in Princeton. This condo has its own lobby, ideal for psychiatrists, attorneys and other professionals that require a small waiting room. The unit is on the ground level, with a separate entrance directly into the condo from the grounds. The Electric panel is shared with unit 109, however the electric costs are paid by the association and the expense is part of the association dues.

Location

State NJ

County Mercer

Area Princeton (21114)

Zoning OR2

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 60.0

Waterfront N

Water Access N

Accessibility 36\"+ wide Halls

Parking Type Parking Lot

Total Parking Spaces 60

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Princeton Regional Schools

Others

Tax ID 14-05501-00010 107

Ownership Condominium

Acceptable Financing Conventional, Exchange

Listing Terms Conventional, Exchange

Financing Conventional,Exchange

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Lauri Names • Princeton Realty Management Group, LLC
Bought with VARUN MANCHANDA • Weichert Realtors - Princeton
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