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Princeton, NJ, 08540 • Princeton North • Mercer County
$412/sqft
6Beds
3Baths
3,300Sqft
0.47 acLot
1959Built
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3515 days on market
Established listing
$412/sqft
Price per square foot
Single Family · Built 1959
SOLD - SOLD - SOLD AGENTS AND BUYERS WITHOUT AGENTS WELCOME: CALL PROPERTY OWNER BELOW TO DISCUSS HOME'S INCREDIBLE VALUE - PRICED AT $100,000 BELOW APPRAISAL DONE JULY 2015. BEST VALUE IN PRINCETON AT THIS TIME. NOTE: MAIN PHOTO ABOVE IS VIRTUALLY PAINTED TO GIVE YOU IDEA OF SIMPLE UPGRADES THAT CAN BE DONE WITH THIS PERFECTLY LOCATED HOME - LOCATION LOCATION LOCATION. A Rare Opportunity to own this 3,300 square foot 5 bedroom, 3 full bath home located on an over-sized lot, just shy of 1/2 Acre, in one of Princeton's premier communities. The possibilities for this Princeton property are endless. Subject to municipal approval a builder, investor or savvy buyer may expand the existing footprint by building up or into the massive backyard a 5500 sq ft million dollar home. In its current state as an income-producing (Township Certified) property, the house comprises a handy first floor 1-2 bedroom 1 full bath in law Suite or "Flat" with private entrance which produces $2000 - $2500 per month; and can be used to conduct business or can easily revert back to one expansive 5/3 home for a large, growing family. Let me repeat: a $5000/month mortgage can be CUT IN HALF TO $2500/month with this RENTAL INCOME. Princeton University Professors, Researchers and Grad Students are an endless supply of clients. This income pays for RE taxes, ALL utilities, Snow Removal, Lawn Service with money to spare. Definitely a unique opportunity for savvy buyer. Large glass sliders facing the massive backyard and a complete walled fireplace add appeal with lots of extra space for gatherings with family and friends. Large kitchen opens to the formal dining room and living rooms. There are 4 extra-large bedrooms and 2 bathrooms, including a Master Suite with a full bathroom/shower, in one wing and another Master Suite and full bathroom/shower in the Flat. Parking is plentiful with a circular driveway. Rear fenced backyard for lots of privacy. Close proximity to shopping and all of Princeton's wonderful amenities. 8 blocks or 5 minute drive to Princeton University. Recent appraisal available upon request. (Value $860,000) Many homes within 2 miles recently sold at $300 - $450 per square foot, with many million dollar homes! Our home is a GIFT at $230 per sq ft or $760,000 - SELLING AT $100,000 BELOW APPRAISED VALUE AND NO REAL ESTATE COMMISSION
Based on current rates
Est. 6.27% rate · 30yr fixed · $1,088,720 loan
Full calculator →Key facts and listing details
7 categories of property features
9 rooms detailed
Dining Room
Family Room
Laundry Room
Library
Master Bath
Office
Market data and value estimates
3 schools rated nearby
Princeton, NJ, 08540
10 events
25 years of records
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Princeton, NJ • Mercer County
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