For SaleOpen House1d on marketOpen House
47 Governors Ln
Princeton, NJ, 08540 • 08540 • Mercer County
$1,140,000
$388/sqft
Down payment assistance available
4Beds
4Baths
2,938Sqft
1989Built
Property DNA
Colonial Style
Built 1989 · 37 years of history
Governors Lane
Common Grounds
1 Fireplace
Gas/Propane
Above Grade
Above Grade
2-Car Garage
Garage Faces Front · Detached · On Street
1d on Market
Listed Apr 9, 2026
$1095/mo HOA
Common Grounds
This home is getting attention
Listed 1 day ago · 608 views · 28 saves
Market activity
Demand and pricing signals for this listing
608 views
People checking out this listing
28 saves
Buyers have saved this home
1 day on market
Just listed — act fast
$388/sqft
Price per square foot
About this home
Townhouse · Built 1989
Originally the model home for Governors Lane, this elegant 4-bedroom townhouse is soaked in natural light and filled with timeless architectural detail. Assigned to highly sought-after Littlebrook Elementary, the home features oversized windows, bay windows, and multiple exposures that brighten the gracious interior, highlighting rich wood floors, crown molding, and beautifully proportioned living and dining rooms. The white kitchen offers a large center island, Sub-Zero refrigerator, double wall ovens, built-ins, and a breakfast area opening to the private brick courtyard. Upstairs are two spacious bedroom suites, including a light-filled primary with fireplace, walk-in closet, oversized bath, and soaking tub. The top floor adds two sun-filled bedrooms and a shared bath, while the large unfinished basement provides exceptional storage and future potential. With the roof replaced just one year ago, this home also offers added peace of mind, all within one of Princeton’s most prestigious communities and just a short walk to Princeton Shopping Center, with its popular shops, dining, and everyday conveniences.
Standout features identified
Our analysis highlights timeless architectural detail, rich wood floors, and oversized bath as key attractions of this home.
Estimated monthly payment
Based on current rates
$8,266/month
Principal & Interest$5,651
Property Tax$1,140
Insurance$380
HOA$1,095
Down payment20% ($228,000)
3%50%
Est. 6.31% rate · 30yr fixed · $912,000 loan
Full calculator →At a glance
Key facts and listing details
TypeTownhouse
Year Built1989
HeatingForced Air, Natural Gas
CoolingCentral Air, Electric
Parking2 Garage spaces
HOA$1,095 monthly
Days on Zillow1 Day
Price/sqft$388
Property
Home typeTownhouse
Sub-typeTownhouse
StyleColonial
Year built1989
Stories3
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air, Electric
ConstructionBrick
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingGarage Faces Front, Detached, On Street
Garage2 spaces
BasementFull,Unfinished
Fireplaces1
Location & Tax
Neighborhood08540
ZoningOR2
Annual tax$16,977
Parcel140560100000001447
Bathrooms & Fees
Full baths3
HOA$1,095/mo
Features & details
10 categories of property features
Interior Features
Appliances
Microwave
Down Draft
Dishwasher
Oven
Refrigerator
Gas Water Heater
Heating
Forced Air
Natural Gas
Cooling
Central Air
Electric
Laundry
Upper Level
Fireplace
Gas/Propane
Accessibility
None
Exterior Features
Parking
Garage Faces Front
Detached
On Street
Construction
Brick
Pool Features
None
Other Structures
Above Grade
Room details
8 rooms detailed
Bedroom1
UpperBedroom1
UpperBedroom2
UpperBedroom2
UpperBathroom1
UpperBathroom1
UpperListing insights
Market data and value estimates
StatusFor Sale
Days on market1
Est. value$1,136,600
Est. rent$6,111/mo
Tax rate2.04%
Price/sqft$388
On marketApr 9, 2026
PostedApr 9, 2026
Last sold$693,000
MLS updatedApr 8, 2026
Tour days9
Views608
Favorites28
How are the schools in Princeton?
3 schools rated nearby
Location
Princeton, NJ, 08540
Price history
9 events
DateEventPrice$/sqftSource
Apr 9, 2026Listed For Sale$1,140,000$388Bright MLS
Mar 3, 2021Sold$693,000$236Public Record
Nov 17, 2020Pending Sale$699,000$238Callaway Henderson Sotheby's Int'l-Princeton
Nov 6, 2020Price Change$699,000$238Callaway Henderson Sotheby's Int'l-Princeton
Oct 2, 2020Price Change$725,000$247Callaway Henderson Sotheby's Int'l-Princeton
Aug 12, 2020Price Change$750,000$255Callaway Henderson Sotheby's Int'l-Princeton
Jul 28, 2020Listed For Sale$765,000$260Callaway Henderson Sotheby's Int'l-Princeton
Jan 19, 1996Sold$457,500$156Public Record
Jan 3, 1995Sold$370,000$126Public Record
Listed For Sale$1,140,000
Apr 9, 2026•$388/sqft•Bright MLS
Sold$693,000
Mar 3, 2021•$236/sqft•Public Record
Pending Sale$699,000
Nov 17, 2020•$238/sqft•Callaway Henderson Sotheby's Int'l-Princeton
Price Change$699,000
Nov 6, 2020•$238/sqft•Callaway Henderson Sotheby's Int'l-Princeton
Price Change$725,000
Oct 2, 2020•$247/sqft•Callaway Henderson Sotheby's Int'l-Princeton
Price Change$750,000
Aug 12, 2020•$255/sqft•Callaway Henderson Sotheby's Int'l-Princeton
Listed For Sale$765,000
Jul 28, 2020•$260/sqft•Callaway Henderson Sotheby's Int'l-Princeton
Sold$457,500
Jan 19, 1996•$156/sqft•Public Record
Sold$370,000
Jan 3, 1995•$126/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 10, 2025$16,543$621,200
Apr 10, 2024$16,543$621,200
Apr 10, 2023$15,108$621,200
Apr 10, 2022$14,901$621,200
Apr 10, 2021$14,783$621,200
Apr 10, 2020$14,485$621,200
Apr 10, 2019$14,110$621,200
Apr 10, 2018$13,913$615,800
Apr 10, 2017$13,692$615,800
Apr 10, 2016$13,372$615,800
Apr 10, 2015$13,751$615,800
Apr 10, 2014$14,950$640,800
Apr 10, 2013$14,337$713,300
Apr 10, 2012$13,766$713,300
Apr 10, 2011$13,567$713,300
Apr 10, 2010$13,326$713,300
Apr 10, 2009$13,094$374,200
Apr 10, 2008$12,772$374,200
Apr 10, 2007$12,248$374,200
Apr 10, 2006—$374,200
Apr 10, 2005—$374,200
Apr 10, 2004$10,190$374,200
Apr 10, 2003—$374,200
Apr 10, 2002—$374,200
Apr 10, 2001—$374,200
Nearby homes
Neighborhood details
Local context around this listing
Princeton, NJ • Mercer County
Nearby neighborhoods
GriggstownPenns NeckPrinceton North
Nearby cities
Basking RidgeBridgewater TownshipEast Windsor TownshipEwingHillsborough TownshipLawrence TownshipPrincetonSomerset
Nearby zip codes
0854008541085420854308544
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