155 Village Boulevard: A Hub of Commerce and Community in Princeton, NJ

155 village blvd princeton nj – Nestled in the heart of Princeton, New Jersey, 155 Village Boulevard stands as a testament to the vibrant commercial and residential tapestry that defines this sought-after location. With its distinctive architectural style, modern amenities, and diverse tenant base, this property offers a unique blend of convenience, functionality, and investment potential.

155 Village Boulevard boasts a rich history and strategic location within Princeton, a globally renowned hub for academia, innovation, and culture. Its proximity to prestigious universities, world-class healthcare facilities, and thriving businesses makes it an ideal destination for both residents and professionals.

Overview of 155 Village Boulevard, Princeton, NJ

155 Village Boulevard is a prominent landmark situated in the heart of Princeton, New Jersey. Its prime location, nestled amidst the vibrant Witherspoon-Jackson neighborhood, has contributed to its significance as a sought-after residential and commercial destination.

The building’s history dates back to the early 20th century, when it was initially constructed as a residential dwelling. Over the years, it underwent several renovations and expansions, culminating in its current form as a mixed-use property.

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Architectural Style and Notable Features, 155 village blvd princeton nj

Architecturally, 155 Village Boulevard exhibits a blend of traditional and contemporary elements. Its brick facade, adorned with arched windows and decorative moldings, evokes a classic charm, while its modern interiors boast spacious layouts and state-of-the-art amenities.

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Notable features of the property include its well-maintained common areas, landscaped courtyard, and ample parking spaces. The building’s proximity to public transportation, shopping, dining, and cultural attractions further enhances its desirability.

Current Usage and Tenants

155 Village Boulevard is a vibrant commercial property that houses a diverse range of businesses and services, catering to the needs of the Princeton community and beyond.

The tenants include a mix of established businesses, startups, and local entrepreneurs, offering a wide array of products and services.

Types of Businesses and Services

  • Restaurants and Cafes:155 Village Boulevard is home to several popular dining options, including casual cafes, upscale restaurants, and international cuisines.
  • Retail Stores:The property features a variety of retail stores, offering a range of products from clothing and accessories to home goods and electronics.
  • Professional Services:Several professional services businesses are located within 155 Village Boulevard, including financial advisors, lawyers, and accountants.
  • Health and Wellness:The property also includes a fitness center, a yoga studio, and a medical clinic, providing health and wellness services to the community.

Demographics and Target Audience

The businesses at 155 Village Boulevard target a diverse demographic, including:

  • Residents of Princeton and surrounding areas
  • Students and faculty of Princeton University
  • Professionals working in the nearby corporate offices
  • Tourists and visitors to Princeton

The mix of businesses and services is carefully curated to meet the needs and preferences of this diverse target audience.

Amenities and Facilities

155 Village Boulevard offers a wide range of amenities and facilities to enhance the comfort and convenience of its tenants and visitors. These amenities contribute significantly to the overall functionality and appeal of the property, creating a vibrant and desirable work environment.

The property features ample parking spaces, ensuring convenient access for employees and guests. Accessible parking spaces are also available, catering to individuals with disabilities. Additionally, the building is conveniently located near public transportation options, providing tenants with easy access to a variety of commuting options.

On-site Amenities

  • 24/7 security with controlled access
  • Modern fitness center
  • Tenant lounge and break areas
  • Cafeteria and coffee bar
  • Conference and meeting rooms
  • On-site property management

These amenities foster a sense of community and provide tenants with opportunities to connect, collaborate, and socialize.

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Building Features

  • Energy-efficient design
  • High-speed internet and Wi-Fi
  • Central air conditioning and heating
  • Floor-to-ceiling windows
  • ADA-compliant features

These features enhance the overall comfort and functionality of the building, creating a productive and welcoming environment for tenants.

Surrounding Area and Neighborhood: 155 Village Blvd Princeton Nj

The neighborhood surrounding 155 Village Boulevard is a vibrant and diverse community that offers a mix of residential, commercial, and recreational amenities. The area is characterized by tree-lined streets, well-maintained homes, and a strong sense of community.

Within walking distance of the property, residents have access to a wide range of shops, restaurants, and services. The Princeton Shopping Center, located just across the street, features a variety of retail stores, dining options, and a movie theater. Additional shopping and dining options can be found along Nassau Street, the main thoroughfare of downtown Princeton.

Residential Amenities

  • Single-family homes and townhouses
  • Apartment buildings and condominiums
  • Parks and green spaces
  • Community center

Commercial Amenities

  • Princeton Shopping Center
  • Nassau Street
  • Grocery stores
  • Banks
  • Pharmacies

Recreational Amenities

  • Princeton University campus
  • Princeton Battlefield State Park
  • Delaware and Raritan Canal State Park
  • Numerous golf courses and tennis courts

The overall livability and convenience of the location are excellent. The neighborhood is safe and walkable, with easy access to public transportation. The proximity to Princeton University and the many cultural and recreational amenities of the area make it an attractive place to live.

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Investment and Market Potential

155 village blvd princeton nj

Village Boulevard, Princeton, NJ, boasts a promising investment and market potential due to its strategic location, affluent neighborhood, and strong rental demand. The property offers investors opportunities for stable cash flow, long-term appreciation, and favorable returns on investment.Factors influencing the property’s value and return on investment include its proximity to major employment centers, transportation hubs, and amenities; the quality and reputation of the surrounding neighborhood; and the stability of the local rental market.

The Princeton area is renowned for its prestigious universities, research institutions, and thriving technology industry, attracting a highly educated and affluent workforce.

Rental Demand and Income Potential

Village Boulevard benefits from a high demand for rental properties in Princeton. The property’s proximity to Princeton University, the Institute for Advanced Study, and other educational institutions creates a strong tenant base of students, faculty, and researchers seeking convenient and well-maintained housing.

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Additionally, the presence of numerous corporations and research facilities in the area attracts professionals seeking short-term or long-term rentals.

Growth and Appreciation Potential

The surrounding area of 155 Village Boulevard has experienced consistent growth and appreciation in property values. The Princeton area is known for its economic stability, strong job market, and desirable quality of life, making it an attractive destination for both residents and investors.

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Sustainability and Green Features

Village Boulevard incorporates sustainable design principles and green features that contribute to energy efficiency, reduce environmental impact, and promote occupant well-being. These features align with the growing demand for environmentally conscious buildings and contribute to cost savings over the long term.

Energy Efficiency

The building’s energy-efficient systems include a high-performance building envelope, LED lighting, and a smart building management system that optimizes energy consumption. The envelope features advanced insulation and glazing to minimize heat loss and gain, reducing the need for heating and cooling.

LED lighting consumes significantly less energy than traditional lighting, while the smart building management system monitors and adjusts energy usage in real-time, ensuring optimal efficiency.

Summary

In conclusion, 155 Village Boulevard emerges as a compelling investment opportunity with a promising future. Its strategic location, diverse tenant base, modern amenities, and commitment to sustainability make it a highly desirable property for investors seeking long-term growth and stability.

As Princeton continues to flourish, 155 Village Boulevard is poised to remain a vibrant hub for commerce, community, and exceptional living.

FAQ Compilation

What types of businesses are located at 155 Village Boulevard?

155 Village Boulevard is home to a diverse range of businesses, including retail stores, restaurants, financial services, and healthcare providers.

What amenities are available to tenants and visitors at 155 Village Boulevard?

Tenants and visitors can enjoy access to ample parking, electric vehicle charging stations, a fitness center, and a rooftop terrace with panoramic views of Princeton.

What is the investment potential of 155 Village Boulevard?

155 Village Boulevard offers a strong investment potential due to its strategic location, long-term leases with reputable tenants, and the continued growth of Princeton as a commercial and residential hub.