Is That A Good Deal? ‘Two For Two Thousand’

Who'd Live In A House Like This? It could be you, if you think $2,000 for a 2-bed, 1-ba apartment sounds right. (Click to expand.)

Who’d Live In A House Like This? It could be you, if you think $2,000 for a 2-bed, 1-ba apartment sounds right. (Click to expand.)

As part of an occasional series where we cast an eye over rental properties and real estate walkable to downtown Princeton, we invite you to comment on a local listing. You can find previous entries here and here.

Today we are looking at an apartment for rent with 2 bedrooms, 1 bathroom. The address is listed as ‘Nassau Street’- those in the know will recognize the property as 301 Nassau Street, which is at the corner of Princeton Avenue, just east of the University, and near the 255 Nassau site.  The advertised rate is $2,000 per month and the full listing with more photos is available here.

The house is described as a “large historic Nassau Street mansion”. It certainly is big, but you only get a bit of it for your $2,000/month, and a bit of Googling reveals that there are 8 individual residential units on the site.

Hallway at 301 Nassau Street (click to expand).

Hallway at 301 Nassau Street (click to expand).

It’s not clear exactly how you would access the unit- presumably there is common access through this large hallway. By the looks of the photos, this unit is right up top in a converted loft. It contains a “large living room, separate dining room, kitchen, bathroom and two bedrooms”:

One of the bedrooms at the 301 Nassau Street apartment. (Click to expand.)

One of the bedrooms at the 301 Nassau Street apartment. (Click to expand.)

There is a washer/drier in the unit, which is listed as 900 sq feet. However, it is not available until January 2014 (which, scarily enough is only 9 weeks away!). Here is the kitchen:

Kitchen at 301 Nassau Street apartment. (Click to expand.)

Kitchen at 301 Nassau Street apartment. (Click to expand.)

Off-street parking and utilities are included, so, as rentals, go, for $2,000 a month, Is That A Good Deal?

Let us know if you think $2,000 per month represents fair market value for this rental property! We welcome your comments in the space below!

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2 Responses to Is That A Good Deal? ‘Two For Two Thousand’

  1. Wow says:

    Not exactly top-notch decor, and the kitchen seems a little pokey, but for 2 room-mates it may be within reach. It certainly seems like a better deal than some I’ve seen, but I wouldn’t say it was an amazing deal.

  2. Pingback: Is That A Good Deal? ‘Steps From Princeton University’ | walkableprinceton

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