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948 ALEXANDER RD Princeton Junction, NJ 08550
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Key Details
Sold Price $637,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $177
MLS Listing ID NJME2053638
Sold Date 05/16/25
Year Built 1960
Annual Tax Amount $13,474
Tax Year 2023
Lot Size 9,300 Sqft
Acres 0.21
Lot Dimensions 60.00 x 155.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Prime investment opportunity. Business on 1st ground floor & apt on 2nd. Building is 3600 sq ft. Located between Scott & Berian Ave's; Restaurant is Brothers. $2500 X 12 mos upper = $30,000 and $600 X 52 wks Brothers =$31,200 Total $61,200. Second floor boasts 3 bedrooms, 2 bathrooms. There is a very large room in rear, approx. 20 x 25 w cathedral ceiling, w a 20' X 12' deck w entrance from a pleasant back yard. Bedrooms towards the front approx 13' X 14' & 12' X 12'. Apartment boasts a large open concept living / kitchen area. Front bath has new tile, floors and windows less than 5 yrs old and new carpet. Please see Living area pic & large rear bedroom. 2 blocks to NYC/ Philadelphia train station. Landlord pays taxes $13,474 yr and water sewer $2700 yr. Restaurant owns equip. Brothers pays insurance $4,000 yr. Access to basement thru rear doors.
Location
State NJ
County Mercer
Area West Windsor Twp (21113)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Middle Schools Grover
High Schools High School South
School District West Windsor-Plainsboro Regional
Others
Tax ID 13-00075-00005
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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