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
Sold for $340,000 on 03/08/23
$340,000
48 Nassau St APT F, Princeton, NJ 08542
0beds
265sqft
Apartment
Built in 1932
-- sqft lot
$380,700 Zestimate®
$1,283/sqft
$2,499 Estimated rent
What's special
Zillow last checked: 9 hours ago
Listing updated: July 25, 2023 at 10:05am
Listed by:
Michelle Needham 609-839-6738,
BHHS Fox & Roach - Princeton
Bought with:
Kevin Kerins, 457866
Smires & Associates
Source: Bright MLS,MLS#: NJME2024414

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Heating
- Radiator, Hot Water, Natural Gas
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Range Hood, Refrigerator, Cooktop, Gas Water Heater
- Laundry: In Basement, Common Area
Features
- Bathroom - Tub Shower, Flat, Studio
- Flooring: Wood, Tile/Brick
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Decorative, Electric, Insert
Interior area
- Total structure area: 265
- Total interior livable area: 265 sqft
- Finished area above ground: 265
Property
Parking
- Parking features: Parking Fee, Parking Lot, Off Site
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Sidewalks, Street Lights, Lighting
- Pool features: None
Details
- Additional structures: Above Grade
- Parcel number: 1400020 0800048 06C48F
- Zoning: RESIDENTIAL
- Special conditions: Standard
- Other equipment: Intercom
Construction
Type & style
- Home type: Apartment
- Architectural style: Colonial
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick
Condition
- Good
- New construction: No
- Year built: 1932
Utilities & green energy
- Electric: Fuses
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Water Available
Community & neighborhood
Security
- Security features: Fire Escape
Location
- Region: Princeton
- Subdivision: Palmer Square
- Municipality: PRINCETON
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $258 monthly
- Amenities included: Laundry, Common Grounds, Cable TV
- Services included: Heat, Water, Trash, Maintenance Structure
- Association name: PALMER SQUARE MGT
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Other
Services availability

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$380,700
2% more+ $7,614
With Zillow Showcase(estimated)
$388,314