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Off market
  • $392,500

    48 Nassau St Unit F-48f, Princeton, NJ 08542

    0beds
    1baths
    265sqft
    Condo
    Built in 1932
    -- sqft lot
    $392,500 Zestimate®
    $1,481/sqft
    $2,180 Estimated rent

    Home value

    $392,500

    $361,000 - $428,000

    $2,180/mo

    Zestimate® history
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    $2,180/mo

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    $2,787/mo

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    What's special

    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 2023-02-28

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    Heating
    • Gas
    Cooling
    • Wall
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 265 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: Brick
    Details
    • Parcel number: 14000200000080004806C48F

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1932

    Community & HOA

    Location
    • Region: Princeton

    Financial & listing details

    • Price per square foot: $1,481/sqft
    • Tax assessed value: $234,800
    • Annual tax amount: $6,253

    Price history

    DateEventPrice
    3/17/2023Sold$340,000$1,283/sqft
    Source: Public Record Report a problem
    2/11/2023Pending sale$340,000$1,283/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #NJME2024414 Report a problem
    11/10/2022Listed for sale$340,000+44.7%$1,283/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #NJME2024414 Report a problem
    6/3/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    5/27/2022Listed for rent$1,900+5.6%$7/sqft
    Source: Zillow Rental Network_1 #NJME2016306 Report a problem
    4/27/2021Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    4/6/2021Listed for rent$1,800-5%$7/sqft
    Source: Zillow Rental Network_1 #NJME310370 Report a problem
    8/22/2019Listing removed$1,895$7/sqft
    Source: Gloria Nilson & Co RE - PR #NJME283228 Report a problem
    8/3/2019Listed for rent$1,895$7/sqft
    Source: Gloria Nilson & Co RE - PR #NJME283228 Report a problem
    8/31/2018Listing removed$1,895$7/sqft
    Source: Gloria Nilson Co. Real Estate #7199815 Report a problem
    6/15/2018Listed for rent$1,895$7/sqft
    Source: Gloria Nilson Co. Real Estate #7199815 Report a problem
    8/29/2012Listing removed$235,000$887/sqft
    Source: Callaway Henderson Sotheby's International Realty #6013423 Report a problem
    5/1/2012Listed for sale$235,000$887/sqft
    Source: Callaway Henderson Sotheby's International Realty #6013423 Report a problem
    5/14/2005Sold$235,000+86.5%$887/sqft
    Source: Public Record Report a problem
    7/10/2001Sold$126,006+43.2%$475/sqft
    Source: Public Record Report a problem
    9/22/1999Sold$88,000$332/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,253 $234,800
    2024$6,253 +9.2%$234,800
    2023$5,727 $234,800
    2022$5,727 +0.8%$234,800
    2021$5,682 +2%$234,800
    2020$5,569 +1.7%$234,800
    2019$5,476 +1.4%$234,800
    2018$5,400 +1.6%$234,800
    2017$5,316 +2.4%$234,800
    2016$5,194 +16.1%$234,800
    2015$4,475 +2.5%$234,800 +14.6%
    2014$4,364 +1.2%$204,800
    2013$4,311 $204,800
    Find assessor info on the county website

    Neighborhood: 08542

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $392,500
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    Estimated market value
    $392,500