x
Waterfront
Address
601 Prospect Avenue Princeton, NJ
Price
$ 12,000,000
Property Attributes
  • MLS#1005948467
  • TypeSingle Family
  • CountyMERCER
  • CityPrinceton
  • AreaPrinceton
  • NeighborhoodRIVERSIDE
  • Zip08540
  • StyleTraditional
  • Year Built1914
  • Taxes75120
  • Price$ 12,000,000
  • Bedrooms2
  • Full Bathrooms3
  • Half Bathrooms2
  • Sqr Footage10000
  • Lot Size18.47 Acres
Listing Provided Courtesy Of:
Callaway Henderson Sotheby's Int'l-Princeton
Property Description

This is one of Princeton's most beautiful remaining tracts of land offering spectacular views of and access to Lake Carnegie in the coveted Riverside section. Originally a private residence, this gracious stone-sheathed manor home was built in 1914. When the non-profit research firm, Textile Research Institute, sought expansion and closer collaboration with universities after World War II, it purchased this estate in Princeton, a town which was attracting many new research and development companies. TRI-Princeton preserved the stately residence creating within its walls meeting rooms and offices, and the institution has remained a responsible caretaker for this beautiful estate for the past 70 years. The estate's land, originally including more acreage, now encompasses 18.47 acres featuring groves of specimen trees, broad expansive lawns, and a gentle slope to Lake Carnegie. The property is zoned R-5, which allows for the creation of 1/2 acre lots and is easily accessible with broad frontage on both Riverside Drive and Prospect Avenue. The stone manor house can be re-purposed once again or removed depending on the vision of the purchaser. The possibilities are limitless.

Elementary School Middle School High School
Riverside Elementary School J Witherspoon Middle School Princeton High School
Price History
8/4/2018 Listed $12,000,000

General Features

Accessibility None
Condo/Coop Association Y/N No
Cool Fuel Electric
County/Parish MERCER
Elementary School RIVERSIDE
Garage Y/N No
HOA Y/N No
High School PRINCETON
Levels 3+
MLS Area Princeton (21114)
Middle/Junior School J WITHERSPOON
New Construction No
Possession Negotiable
Price Per Sq Ft 1200.0
Property Condition As-is Condition
Property Type Residential
School District PRINCETON REGIONAL SCHOOLS
Senior Community Y/N No
Structure Type Detached
Tax Year 2017
Vacation Rental Y/N No
Zoning R-5

Interior Features

Abovegradefinishedareasource Estimated
Abovegradefinishedareaunits Square Feet
Basement Full
Basement Y/N Yes
Bathrooms Count All Lower Levels 1
Bathrooms Count All Upper Levels 3
Bathrooms Count Lower Level 1 1.0
Bathrooms Count Main Level 1.0
Bathrooms Count Upper Level 1 2.0
Bathrooms Count Upper Level 2 1.0
Bathrooms Full All Upper Levels 3
Bathrooms Full Upper Level 1 2
Bathrooms Full Upper Level 2 1
Bathrooms Half All Lower Levels 1
Bathrooms Half Lower Level 1 1
Bathrooms Half Main Level 1
Bedrooms Count All Upper Levels 2
Bedrooms Count Upper Level 1 1
Bedrooms Count Upper Level 2 1
Central Air Y/N Yes
Cooling Central A/C, Wall Unit
Finished Area Above Grade 10000
Fireplace Features Non-Functioning
Fireplace Y/N Yes
Flooring Tile/Brick
Full Baths 3
Half Baths 2
Heating Radiator
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Interior Features Kitchen - Eat-In
Laundry Type Basement
Living Area 10000
Room Type Living Room, Master Bedroom, Kitchen, Other, Attic
Total Baths 5
Total Bedrooms 2
Total Fireplaces 1
Total Rooms 18

Exterior Features

Architectural Style Traditional
Construction Materials Stone, Other
Frontage Length 700
Lot Dimensions 18.47 ACRES
Lot Features Open, Trees/Wooded, Subdivision Possible
Lot Size Acres 18.47
Lot Size Square Feet 804553.00
Navigable Water Y/N Yes
Other Structures Above Grade
Patio/Porch Features Patio(s)
Pool (Y/N) No Pool
Roof Pitched
Sewer Public Sewer
Type of Parking Parking Lot
Water Access Y/N Yes
Water Body Name Carnegie Lake
Water Body Type Lake
Water Oriented Y/N Yes
Water Source Public
Water View Y/N No
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 08540

Price
AVG $1.23M
$12M
Taxes
AVG $22,683
$75,120
Visits
AVG 19
428
Year Built
AVG 1974
1914

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