48 Nassau Street, Unit F

Princeton, NJ 08542

$340,000
Last Sold Price
Studio
Beds
1
Bath
265 Sq. Ft.
$1,283 / Sq. Ft.
265
Sq. Ft.
$1,283
per Sq. Ft.

Description

Are you looking for an attractive investment property with a tenant already in place? How about one that consistently commands a high rent and low vacancy rate. Then this charming studio in Historical Palmer Square overlooking Princeton University is the one for you! Your tenants-sipping their morning coffee at the unit's Nassau Street facing windows, will enjoy eavesdropping on the bustling local street chatter below. It's an easy stroll to upscale shopping including, Ralph Lauren, Zoe, Rouge, and...Are you looking for an attractive investment property with a tenant already in place? How about one that consistently commands a high rent and low vacancy rate. Then this charming studio in Historical Palmer Square overlooking Princeton University is the one for you! Your tenants-sipping their morning coffee at the unit's Nassau Street facing windows, will enjoy eavesdropping on the bustling local street chatter below. It's an easy stroll to upscale shopping including, Ralph Lauren, Zoe, Rouge, and Barbour, in addition to McCarter Theatre, and a multitude of delectable dining options & the train station. Fresh colored walls & gleaming hardwood floors grace this lovely condo which is accented with a decorative brick fireplace with electric heating insert flanked by bookshelves. Note: Palmer Square recently had all fireplaces sealed up but your tenants, when coming in from the cold, will be one of the few enjoying the 5,000 BTU Napoleon brand electric fireplace insert with 3 flame colors, 7 ember bed colors, flame speed & brightness. An updated pullman kitchen features cherry cabinetry, granite counter top and stainless steel refrigerator, range and microwave. A full bath with shower/tub and original black & white tile flooring plus two closets (this is a plus) complete the studio. Retreat to the private courtyard for some relaxation with water fountain, wrought iron patio furniture & flowering urns. There is an underground catacomb-like passageway which leads to a clean & bright common laundry room. Several parking garages nearby provide monthly access for those with a car. Enjoy In Town Living at it's Best! Tenant Occupied thru May 2023
  1. Listed by Michelle A Needham • BHHS Fox & Roach - Princeton
    P: 6098396738 michelle.needham@foxroach.com

Property Details for 48 Nassau Street, Unit F

Tax ID Number
14-00020 08-00048 06-C48F
Ownership
Other
Condo Coop Association
No
HOA
Yes
Entry Floor Number
3
Structure Type
Unit/Flat/Apartment
Style
Colonial
Levels/Stories
1

Location

Listing Courtesy of BHHS Fox & Roach - Princeton

Sold By Smires & Associates

Add your commute
LISTING UPDATED: 07/25/2023 05:05 PM

Property Details for 48 Nassau Street, Unit F

StatusClosed
MLS #NJME2024414
Days on Market93
Taxes$5,726 / year
HOA Fees$258 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Other
Year Built1932
CountyMercer County

Location

Listing Courtesy of BHHS Fox & Roach - Princeton

Sold By Smires & Associates

Add your commute

Building Information for 48 Nassau Street, Unit F

Building/Complex48 Nassau StFloor-Stories1Residences-Pet Policy-Year Built1932

Payment Calculator

$2,591 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,856

Property Taxes

$477

HOA Dues

$258

The Payment Calculator is for illustrative purposes only.

Property Information for 48 Nassau Street, Unit F

Location
Location
  • Transportation: Commuter Rail Station 1 to 5 miles
  • School District Name: PRINCETON REGIONAL SCHOOLS
  • School District County ID: 300200396175
  • Elementary School: COMMUNITY PARK (MERCER NJ)
  • Middle Or Junior School: J WITHERSPOON (MERCER NJ)
  • High School: PRINCETON (MERCER NJ)
  • County: MERCER
  • MLS Area: Princeton (21114)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • HOA Name: PALMER SQUARE MGT
  • HOA Phone: (609)921-2333
  • HOA Condo Coop Fee Includes: Heat, Water, Trash, Ext Bldg Maint
  • HOA Condo Coop Amenities: Laundry Facilities, Common Grounds, Cable
  • Property Manager Y/N: No
  • Senior Community: No
  • Capital Contribution Amount: $516
  • Type of Condo: Home Owner Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $234,800
  • Year Assessed: 2022
  • Improvement Assessed Value: $59,800
  • Land Assessed Value: $175,000
  • Zoning: RESIDENTIAL
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
  • Concessions: No
Rooms
Main
  • # Bedrooms Count Main Level: 0
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
Rooms
  • Room List: Living Room, Primary Bedroom, Kitchen, Foyer
  • Stories: Main
Rooms Information
Room 1
  • Room Type: Living Room
  • Room Length: 16.0
  • Room Width: 12.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Dimensions: 16 X 12
Room 2
  • Room Type: Primary Bedroom
  • Room Level: Unspecified
  • Room Exists: Yes
Room 3
  • Room Type: Kitchen
  • Room Length: 6.0
  • Room Width: 2.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Dimensions: 6 X 2
Room 4
  • Room Type: Foyer
  • Room Length: 6.0
  • Room Width: 4.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Flooring - HardWood
Building Info
Building Info
  • Total Finished SQFT: 265.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 00000
  • Parcel ID: 2139033
Parking
Parking
  • Type Of Parking: Parking Lot, Off Site
  • Parking Features: Parking Fee
Interior Features
Interior Features
  • Interior Features: Tub Shower, Intercom, Flat, Wood Floors, Studio
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Fireplace Features: Non-Functioning, Electric, Insert
  • Appliances: Range Hood, Refrigerator, Cooktop
  • Accessibility Features: None
  • Laundry Type: Basement, Common
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Sidewalks, Street Lights, Fire Escape, Exterior Lighting
  • Outdoor Living Structures: Patio(s)
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available, Water Available
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Radiator, Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Fuses

Property History for 48 Nassau Street, Unit F

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 48 Nassau Street, Unit F

Taxable ValueLand$175,000Additions$59,800Total$234,800
Tax Record2021$5,727 ($477 / month)
Home Facts
Beds0Total Finished SqFt265 SqFtAbove Grade Finished SqFt265 SqFtStories3StyleCondominiumYear Built1932ZoningCBCPCountyMERCERAPN14 00020- 08-00048- 06-C48F

Schools near 48 Nassau Street, Unit F

This home is within Princeton Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 10
Rating
School
Distance
Community Park Elementary School
PublicPK to 5

J Witherspoon Middle School
Public6 to 8

Princeton High School
Public9 to 12

Princeton Latin Academy
PrivateK to 10

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach - Princeton

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.