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166 Bunn Drive #107 & 108 COMBINED, Princeton, NJ 08540
$295,000
166 Bunn Drive #107 & 108 COMBINED, Princeton, NJ 08540View this property at 166 Bunn Drive #107 & 108 COMBINED, Princeton, NJ 08540
166 Bunn Drive #107 & 108 COMBINEDPrincetonNJ08540
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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.
Full Property Details
Full Property Details for 166 Bunn Dr #107 & 108 COMBINED
General
- Sold For: $295,000
- Taxes: $4,277 (2022)
- Status: Closed
- Type: Office
- MLS ID: NJME2037070
- Added to Site: 175 day(s) ago
Business
- Business Type: Professional
Parking
- Total Spaces: 60
- Parking Type: Parking Lot
Location
- Area: Princeton (21114)
- Municipality: PRINCETON
- County: Mercer
- Driving Directions: From
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame
- Stories/Levels: 0
- Year Built: 1982
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Dimensions: 0.00 x 0.00
- Zoning: OR2
Financial Considerations
- Price Per Sq. Ft.: $272.13
- Assessment Year: 2022
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $175,900
- Tax Amount: $4,277
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Condominium
- Exclusions: Tenant possessions
- Lot Number: 00010 107
Listed by Princeton Realty Management Group, LLC, Lauri Names
Sold by Weichert Realtors - Princeton, VARUN MANCHANDA
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Schools
Schools serving 166 Bunn Dr #107 & 108 COMBINED
School District:Princeton Regional Schools
Rating | Name | Grades | Distance |
---|---|---|---|
39 Magnolia Ln, Princeton, NJ 08540 | PK-5 | 1.2 mi | |
217 Walnut Ln, Princeton, NJ 08540 | 6-8 | 0.8 mi | |
151 Moore St, Princeton, NJ 08540 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 166 Bunn Dr #107 & 108 COMBINED
Date
Details
Price
Change
Source
4/04/2024
Sold
$295,000
-21.33%
MLS
11/08/2023
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
166 Bunn Drive #107 & 108 COMBINED, Princeton, NJ 08540 (MLS# NJME2037070) is a Office property that was sold at $295,000 on April 04, 2024. Want to learn more about 166 Bunn Drive #107 & 108 COMBINED? Do you have questions about finding other Office real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.