948 Alexander Road Princeton Junction, NJ 08550

$899,000
0.21
Acres
$899,000
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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, a very large one 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 NY/ Philly train station. Landlord pays taxes $12,000 yr and water sewer $2700 yr. Restaurant owns equip.

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, a very large one 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 NY/ Philly train station. Landlord pays taxes $12,000 yr and water sewer $2700 yr. Restaurant owns equip.

  • Neighborhood
  • Type
  • County
    Mercer
  • Area
    West Windsor Twp
  • Tax Amount
    $12,660
  • Status
    Active
  • Listing #
    NJME2039160
  • Built
    1960
  • Lot Size
    0.21
  • Listed on site
    94 days
  • Listing Agent Id
    304578545258

Listed by:
RE/MAX Innovation

Source:
BRIGHT MLS

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School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning

Property History

DateDays AgoEventNew Price
Feb 28, 20242 mos agoPrice decreased201,000 (18%)$899,000
Feb 23, 20242 mos agoPrice decreased100,000 (8%)$1,100,000
Feb 21, 20242 mos agoPrice decreased100,000 (8%)$1,200,000
Feb 12, 20243 mos agoPrice decreased100,000 (7%)$1,300,000
Jan 30, 20243 mos agoNew on market$1,400,000
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