37 Station Drive, West Windsor, NJ 08550
Mercer County
Key Facts
Description
FOR SALE: 9,616 SF Freestanding Office Building located at the entrance to the Princeton Junction Train Station. 37-41 Station Rd presents a rare opportunity to purchase a property directly adjacent to the North East Corridor Train Station at Princeton Junction, providing quick and easy access to NYC or Philadelphia in an hour. The property is minutes from downtown Princeton, the Penn Medicine Hospital, and Princeton University. The property comprises a 9,616 SF office building configured with 7 separate suites. Currently, 6 are rented providing stable income. However, there is an opportunity for more space in the building for an owner occupier. The property has an abundance of dedicated on-site parking and features a secondary parking lot which is currently being rented to a daily park operator, providing additional bonus income. New ownership will have the opportunity to collect this passive income or operate the parking business directly, proving a value add opportunity. Due to the existing in-place rental and parking income and potential upcoming vacancy, the property presents an ideal opportunity for an owner occupier needing quick access to the train station and a location in close proximity to Princeton. Ideal Professional Office Uses: IT Consulting, IT Staffing, Software, Accounting, Attorneys, Title Company, Real Estate Office, Tutoring, Counseling and Therapy, ABA Therapy, Special Needs Day Program, Engineering, Architecture, or any professional office use. Ideal Medical Uses: Physical Therapy, Dental, Primary Care, or any other Medical Office Use. Property Features: 9,616 SF 2 Story Office Building .67 Total Acres between 2 Separate Lots 73 Total Parking Spaces including 40 Daily Rental Spots for Income 7 Total Suites w/ 6 Rented for Stable Income Potential Vacancy for Owner Occupier Newly Paved Parking Lot Upgraded w/ Newer Roof and Facade Walking Distance to Train Station Next to Brand New 600 Unit Avalon W Squared at Princeton Junction Separate Electric and Gas Meters for Each Tenant Zoned ROM-2 Real Estate Taxes: $23,123 per year Asking Price: $2,399,000 Call Broker for more information or to schedule a tour of the property.
Property Information
Property Type
Commercial Sale
Year Built
1980
Stories
2
Living Area
9,616 sq ft
Lot Size
0.67 acres
Lot Dimensions
100.00 x 0.00
Parking Spaces
73
Zoning
ROM2
MLS® Listing#
2700031R
Property Features
Cooling
Heating
Flooring
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$22,414
Tax year 2024
Assessed Value
$731,300
Parcel Number
1300006000000010
Directions
Located at the Princeton Junction Train Station minutes from Princeton, Penn Medicine, Route 1, etc.
Affordability Calculator
$479,800
Estimated monthly payment
$12,768/mo
Principal $1,919,200 · Est. interest $2,677,455 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in West Windsor, NJ
- $550,000
- Median Listing Price
- 40
- Median Days on Market
- 1,552
- Median Sq Ft
- $328
- Median Price / Sq Ft
- 523
- Active Listings
- This home’s price is 336% above the area median.
- Its price per sq ft is 24% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in West Windsor, NJ.
Location
Points of Interest in West Windsor, NJ
Showing the West Windsor area map.
Nearby Schools
New Horizons Montessori School
Elementary · 0.4 mi away
Village Elementary School
Elementary · 0.8 mi away
West Windsor-Plainsboro Regional School District
Secondary · 0.8 mi away
Maurice Hawk Elementary School
Elementary · 0.8 mi away
Aops Academy
School · 1.0 mi away
West Windsor-Plainsboro North high school
Secondary · 1.2 mi away
Community Middle School
Secondary · 1.3 mi away
Montessori Country Day School
Elementary · 1.5 mi away
Millstone River School
Elementary · 1.5 mi away
Windsor Happy School
Elementary · 1.6 mi away
JVB Wicoff Elementary School
Elementary · 1.8 mi away
Lightbridge Academy
School · 1.8 mi away
Enspire Academy
School · 2.0 mi away
Goddard School
School · 2.3 mi away
University Now Day Nursery
Primary School · 2.4 mi away
University League Nursery School
School · 2.4 mi away
Town Center Elementary School
Elementary · 2.4 mi away
The Wilberforce School
Secondary · 2.4 mi away
Guidepost Montessori at Princeton Meadows
Elementary · 2.6 mi away
French American School of Princeton
Elementary · 2.6 mi away
Commute Calculator
Nearby Homes
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|---|---|---|---|---|
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| 5513 HUDSON AVE, West New York, NJ | $1,699,000 | — | — | — |
| 5513 Hudson Ave, West New York Town, NJ | $1,699,000 | 5 | 6 | 3,819 |
| 193 Long Pond Rd, West Milford Twp., NJ | $1,699,000 | 4 | 4 | — |
| 422 Monmouth Road, West Long Branch, NJ | $1,699,999 | 3 | 3 | 1,393 |
Moving Cost Estimate
EXIT Agents in West Windsor
Listing Courtesy: DAVIS REALTORS - 7322546700