Princeton Junction commercial property sold for $2.19 million

05/14/2025

Contacts:           Kurt Praschak /[email protected]/ 973.992-7800, x.289  

Lupe Dragon/ [email protected] / 973.992-7800, x172  

 

Princeton Junction commercial property sold for $2.19 million 

 

Ideally suited for conversion to pharmaceutical lab 

 

 

 

Click here to download high-resolution image 

 

PRINCETON JUNCTION, NJ (May 14, 2025) –An office building in Princeton Junction has been purchased by an investor for $2.19 million in a deal brokered by Sheldon Gross Realty Executive Vice President Jonathan Glick.   

 

Located at 191 Clarksville Road, just south of historic Princeton and less than six miles from the State House in Trenton, the building is part of an area featuring the offices and laboratories of multiple pharmaceutical companies. Its design makes it well suited for conversion into a lab facility.  

 

“This property checks every box for a pharma company,” Glick says. “My client specializes in supporting organizations in that sector, so the proximity to leading industry players and the flexibility of the space make this transaction an exceptional opportunity.”  

 

Positioned within minutes of Route 1 and only a short drive from Route 295 and Route 133, as well as the New Jersey Turnpike, the site offers outstanding regional access. Center City Philadelphia is less than an hour’s drive, and midtown Manhattan is only 60 miles away.   

 

About Sheldon Gross Realty 

Based in New Jersey, Sheldon Gross Realty, Inc. offers clients a broad array of specialized services, including office, industrial and retail brokerage; tenant representation; property and asset management; office relocation; and consulting. Founded in 1962, the firm is known for its long-term client relationships, high percentage of repeat business, and a stellar 95 percent success rate in leasing/selling the property assignment it undertakes. Featuring an exceptional team of professionals renowned for outstanding customer service and committed to unparalleled market research, Sheldon Gross Realty addresses its clients’ corporate real estate needs on a local, regional, and national scale.  

 

Additional information is available online atwww.sheldongrossrealty.com. A free consultation is available by calling 862.930-5714.  

 

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