14 days on rocket

Backup Offers

521 Lake Dr, Princeton, NJ, 08540

$3,150,000

6 Bedrooms
5 Full Baths, 1 Partial
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Storage Area, Garage - Side Entry, Inside Access, Garage Door Opener, Asphalt Driveway, Attached Garage
Garage2 spaces
Year Built1957
HeatingForced Air, Baseboard, Zoned
CoolingCentral Air, Zoned
BasementYes
ViewWater
MLS #NJME2041594
Lot Size1.00 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 521 Lake Dr

Pristine views across Lake Carnegie and direct access to the water make this stunning Riverside home on a full acre positively irresistible. Fortunate residents have been so enamored, in fact, that the property has changed hands only once! The current owners greatly expanded the interior to create bright, functional spaces that maximize views. Choose your favorite spot to watch birds and boats glide over the serene water: the living room’s wide window seat or a bank of windows beside the breakfast table. Invite friends to spectate as elite athletes prepare for world-class regattas. There’s room for all on the Trex deck, the stone patio below and out on the lawn, gently easing down toward the water. The home’s charming, nestled-in façade belies an airy interior with more space than imaginable, including a multi-room lower level with a game room and a fireplace. A gas fireplace provides easy ambiance in the open family room above. Updates to the kitchen over the last several years include quartz countertops, new appliances and new lighting. The nearby mudroom is more than ample and opens to an absolutely spotless garage. The private areas of the first floor can be found down a quiet corridor. A den and an office offer more lovely views and a guest suite is perfectly suited for extended stays. The upper level was carefully planned so that separate pairs of bedrooms each share a roomy bath and the primary suite is a three-room sanctuary. The primary’s skylit sitting room opens to a dressing room for two and a bath with more quartz countertops and a spa tub. There are still more secondary spaces to discover and use as you please. A superb setting, abundant space and an overall warmth that’s undeniably tasteful and timeless are a magical combination that won’t be found again!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1957
  • Stories: 2

Listing Office:

  • Office Name: Callaway Henderson Sotheby's Int'l-Princeton
  • Office Phone: (609) 921-1050
  • Listing Agent: Maura Mills

Interior Features

Interior Information:

  • Appliances: Microwave, Cooktop, Dishwasher, Oven, Range Hood, Refrigerator, Stainless Steel Appliances, Tankless Water Heater
  • Basement: Yes
  • Flooring Type: Wood, Partially Carpeted
  • Interior: Additional Stairway, Breakfast Area, Built-Ins, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Pantry, Primary Bath(s), Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Walk-in Closet(s), Wood Floors, Soaking Tub

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • View: Water
  • Exterior: Extensive Hardscape, Exterior Lighting, Stone Retaining Walls, Lawn Sprinkler

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Additional Storage Area, Garage - Side Entry, Inside Access, Garage Door Opener, Asphalt Driveway, Attached Garage

Virtual/3D Tour

  • 3D Tour: 521 Lake Dr

3D Tour

Lot Features

Lot Information:

  • Lot: Front Yard, Landscaped, Back Yard, Side Yard(s)
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Baseboard, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Nassau Street to Riverside Drive to Longview Drive to Lake Drive.

Municipality:

  • Princeton

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,150,000

Tax Information:

  • Annual Amount: $49,542
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Princeton, NJ.

Med. Sold Price

$777.8K

Med. Price/SqFt

$359

Avg. Days On Market

52

# of Sold Homes

27

521 Lake Dr vs Princeton

14 DAYS ON ROCKET

-38 Days

$3,150,000

+$2.3M More

KEY TAKEAWAY

This property is $2.3M more than the Median Sold Price in Princeton, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJME2041594

Listing Office:

  • Office Name: Callaway Henderson Sotheby's Int'l-Princeton
  • Office Phone: (609) 921-1050
  • Listing Agent: Maura Mills

IDX 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.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 10:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$49,542$2,088,600
2019$48,706$2,088,600
2018$48,706$2,088,600
2017$48,038$2,088,600

History based on county public records data.

Payment Calculator

$15.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,510

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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.

Nearby Schools

school-card-donut-3955960
10
/10
  • Riverside School

  • 58 Riverside Dr

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-3955961
8
/10
  • Littlebrook School

  • 39 Magnolia Ln

  • 1.23 miles

  • Public District Grades PK-5

school-card-donut-3955962
8
/10
  • Community Park School

  • 372 Witherspoon St

  • 2.00 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $220,766. Typical income of Princeton, NJ residents is $200k+ annually. Residents typically live in married, no kids family. 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 521 Lake Dr

What is the listing price of this property?

The listing price of 521 Lake Dr property is $3,150,000.

What type of property is this?

The property 521 Lake Dr is a house located in Princeton, New Jersey, 08540.

Is this property for sale now?

Accepting Backup Offers: 521 Lake Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $49,542 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 521 Lake Dr has 6 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The sq. ft. of 521 Lake Dr is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 521 Lake Dr is 1957.
Rocket Homes logo

Interested in 521 Lake Dr? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesNew JerseyMercer CountyPrinceton08540521 Lake Dr

This home is located at 521 Lake Dr in Princeton, NJ and zip code 08540. This home, which was built in 1957, sits on a 1.00 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $3,150,000.

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%. The median list price of listings available in March 2024 was $777,850, while the average time on the real estate market was 52 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources