Property
Princeton, NJ 08540 206 Washington Road
$625,000
29 more
Presented By: Queenston Realty, LLC
Beds • 3- Garage • 2
Beds • 3
Garage • 2Home Details
Investment opportunity in West Windsor NJ - minutes from the Princeton Junction Train Station! Two family property with both units occupied! Downstairs unit is a 2 bedroom, 1 bath leased at $1600/month through December 31, 2026. Upstairs unit is a 1 bedroom, 1 bath leased at $1400/month through April 30, 2026. Total income is $36,004.58 annually. Expenses: $16,451.21. NOI: $19,103.37. Two seperate metered systems - HVAC (2 units) 2008. Water heater 2022. Roof replaced in 2023 and exterior painted 11/2025. Very well maintained and offer off street parking and addtional storage in a detached garage. ***Note: these units are leased at under market value rents. Estimated rent for 2 bedroom unit = $2,300/month and upstairs 1 bedroom at $1,800/month for a potential Gross income of : $49,200. Lead based paint certificate valid through 06/19/2026. Tenant occupied and agent required to accompany showings
Presented By: Queenston Realty, LLC
Interior Features for 206 Washington Road
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NYes
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
Total Stories2
General for 206 Washington Road
AccessibilityNone
Architectural StyleCraftsman
Association Recreation FeeN
CityPRINCETON
Construction MaterialsFrame
Cool FuelNatural Gas
CoolingCentral A/C
CountyMERCER
DirectionsRoute 1 to Washinton Road (or Princeton Junction Rd | Rt 571)
DisclosuresLead Based Paint - State, Prop Disclosure
Garage Spaces2.00
Garage Y/NYes
Gross Income36004.58
HeatingCentral
Historic Y/NNo
Lease TypeYearly
Living Area1234
Lot Size Square Feet8751.00
Lot Size UnitsSquare Feet
MLS AreaWest Windsor Twp (21113)
MunicipalityWEST WINDSOR TWP
Net Operating Income19103.37
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count1
Operating Expense16451.21
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG506.48
Property ConditionVery Good
Property SubtypeDuplex
Property TypeMulti-Family
RoofAsphalt
School DistrictWEST WINDSOR-PLAINSBORO REGIONAL
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeDetached
Tax Annual Amount10393.0
Tax Assessed Value328700.0
Tax Lot00033
Tax Year2025
Total Actual Rent36000.00
Total SQFT1234
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1930
Year Built SourceAssessor
ZoningR20
Exterior for 206 Washington Road
# of Detached Garage Spaces2
Foundation DetailsBlock
Garage FeaturesGarage - Front Entry
Land Assessed Value189000.00
Land Use Code
Lot Dimensions50.00 x 175.00
Lot Size Acres0.20
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces2
Type of ParkingDetached Garage, Driveway, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Charles Torres
Owner