Somerset County  »  08540  »  Route 206  »  987 Route 206

987 Route 206, Princeton, NJ 08540 - Property report

Also known as: 987 Route 206

Property image for 987 Route 206, Princeton, NJ 08540
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Property type

Store (SCILSR)

Acreage

5.961

Sale price

$15,000,000

General information

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Address
Primary address
987 Route 206
Alternate address(es)
987 State Rd
ZIP code
08540
County
Somerset
Block
35002
Lot
4
Municipality
1813
Qualifier
Parcel ID
35002-4

Owner

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Sales
Sale date
11/11/2020
Sale price
$15,000,000
Arm's length
Tax
Tax year
2026
Base tax
$115,403
Current property tax
$117,182
Building
Property type
Store
Building sq. ft.
23,000
Exterior structural material
Lot
Acreage
5.961
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
40 /100.  Car-Dependent
Transit score
0 /100.  Minimal Transit
Bike score
50 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 987 Route 206, Princeton, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 987 Route 206, Princeton, NJ 08540

Sale date Sale price Buyer name Seller name
11/11/2020 $15,000,000
06/17/2010 $1,980 XXXXXX,X.X.X XXX XXXXXXXX XX XXXXXXXXXX
05/13/2010 $1 XXXXXX,X.X.X XXXXXX,X.X.X

*Most recent sales on record for this property.

More about Somerset County property records.

Title documents

No recently recorded documents for this property.

Property taxes for 987 Route 206, Princeton, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Base tax
$115,403
Current property tax
$117,182
Recent tax assessments
Market value
$3,356,700
Land value
$870,800
Building value
$2,485,900

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $3,356,700 $3,356,700 3.438 $115,403 +1.84%
2024 $3,356,700 $3,356,700 3.376 $113,322 +0.12%
2023 $3,356,700 $3,356,700 3.372 $113,188 +12.04%
2022 $3,184,900 $3,184,900 3.172 $101,025 +0.86%
2021 $3,184,900 $3,184,900 3.145 $100,165 +0.83%
2020 $3,184,900 $3,184,900 3.119 $99,337 +0.68%
2019 $3,184,900 $3,184,900 3.098 $98,668 +0.75%
2018 $3,184,900 $3,184,900 3.075 $97,936 +3.26%
2017 $3,184,900 $3,184,900 2.978 $94,846 +1.81%
2016 $3,184,900 $3,184,900 2.925 $93,158 +2.27%

Permit information for 987 Route 206, Princeton, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
50,388
Median age
40.6
Average household income
$241,691
Family households
68.8%
People per household (average)
2.55
Occupied housing units
18,609
Owner-occupied units
63.7%
Median year structure built
1986
Median value mortgaged units
$775,200
Median value unmortgaged units
$757,400

Risk

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FEMA flood zones

FEMA flood zones
A, X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 987 Route 206, Princeton, NJ 08540 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the market value of 987 Route 206, Princeton, NJ 08540?

The current market value of 987 Route 206, Princeton, NJ 08540 is $3,356,700.

What is the total square footage of 987 Route 206, Princeton, NJ 08540?

987 Route 206, Princeton, NJ 08540 has a total of 23,000 square feet.

What is the price per square foot for this property?

$652 per square foot is the price for 987 Route 206, Princeton, NJ 08540.

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