Welcome to 240 Library Place, an extraordinary home in the heart of Princeton. Built in 1840, this gem offers a prime location near the vibrant heart of town. Recently refrehsed for spring, this masterpiece allows you to embrace Princeton's rich legacy as either a primary residence or a Princeton getaway near the renowned Princeton University . This home's historical significance goes beyond its architectural beauty. Owned by Princeton graduates throughout the years and once serving as a house for professors, it holds a place in Princeton's rich heritage. Scholars and intellectuals have traversed its halls, adding to its allure. Inside, discover exceptional features and amenities that set this home apart. The Center Hall Colonial with its expansive ceilings exudes grandeur. Original wood floors from the 1800s lend timeless elegance. Custom millwork and six fireplaces showcase exquisite craftsmanship. Modern upgrades include heated floors and roof, multi-zone heating and cooling, a pool, spa, and wine room. Lalique crystal accents and cedar-lined closets add opulence. The library, with hand-carved cherry wood, pays homage to Princeton's academic excellence. The sunroom boasts Italian marble and a Grover Cleveland mantle, offering a serene space to unwind. The living room, or Billiard Room, is great for entertaining. The dining room sets the stage for unforgettable meals and the kitchen boasts beautiful granite countertops and features a Butler's Pantry for culinary enthusiasts. The primary bedroom offers a dressing area, enclosed glass terrace sitting area, and a walk-in closet. Six other ample-sized bedrooms provide versatility, including in-home office suites. The basement features multi-purpose areas for recreation, a laundry area, storage, and a fun DIY bar. Outside, the exquisite English gardens were designed with entertainment in mind. Host grand soirees with space for outdoor tents. The heated pool and spa invite relaxation. The two-story pool house is an architectural marvel, with a Lalique fish tank, limestone floors, fireplace, and a fully equipped kitchen. The second floor of the pool house has a large space for a gym, home office or media room. Hand-hewn maple paneling and a birds-eye maple ceiling add refinement. Immerse yourself in Princeton's rich history and cultural scene. Enjoy the community's charm and nearby amenities. 240 Library Place seamlessly blends past and present, making it truly exceptional. Don't miss this chance to own a piece of Princeton's history while creating a lifetime of memories in this timeless masterpiece.
This property is $3.1M more than the Median Sold Price and $191/SqFt more than other homes in Princeton, NJ.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #NJME2040542
Listing Office:
Office Name: Corcoran Sawyer Smith
Office Phone: (609) 921-2700
Listing Agent: Yakenya Moise
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Community Park School
372 Witherspoon St
Distance between this listing and this school0.59 miles
Public District Grades KG-5
7
/10
Johnson Park School
285 Rosedale Rd
Distance between this listing and this school0.94 miles
Public District Grades PK-5
10
/10
Riverside School
58 Riverside Dr
Distance between this listing and this school1.89 miles
Public District Grades PK-5
Nearby Schools
4
/10
John Witherspoon Middle School
217 Walnut Ln
Distance between this listing and this school1.07 miles
Public District Grades 6-8
9
/10
Princeton Charter School
100 Bunn Dr
Distance between this listing and this school1.42 miles
Public Charter Grades KG-8
6
/10
Community Middle School
95 Grovers Mill Rd
Distance between this listing and this school4.33 miles
Public District Grades 6-8
Nearby Schools
6
/10
Princeton High School
151 Moore St
Distance between this listing and this school0.92 miles
Public District Grades 9-12
9
/10
West Windsor-Plainsboro High School South
346 Clarksville Rd
Distance between this listing and this school4.30 miles
Public District Grades 9-12
7
/10
West Windsor-Plainsboro High School North
90 Grovers Mill Rd
Distance between this listing and this school4.32 miles
The neighbors living near this home have an average income of $129,375. Most Princeton, NJ residents have annual incomes $200k+. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 240 Library Pl
What is the listing price of this property?
The listing price of 240 Library Pl property is $3,975,000.
What type of property is this?
The property 240 Library Pl is a house located in Princeton, New Jersey, 08540.
Is this property for sale now?
Active Listing: 240 Library Pl is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $75,290 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 10, 2005 for $3,350,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 240 Library Pl has 7 bedrooms and 7 full and 1 half bathrooms.
What is the square footage of this property?
The property 240 Library Pl is 7,230 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 240 Library Pl is 1840.
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This home is located at 240 Library Pl in Princeton, NJ and zip code 08540. This 7,230 square foot home, which was built in 1840, sits on a 1.05 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $3,975,000.
Over 15 listings were sold over their listed price in March 2024 in Princeton, NJ. In the same period over 9 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Princeton, NJ between February 2024 and March 2024 increased by 11.4%. In March 2024 median list price was $777,850 and the average listing age was 52 days.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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