1 month on rocket

Sale Pending

753 Prospect Ave, Princeton, NJ, 08540

$1,975,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,646 SqFt
$542/SqFt
House
Schools Nearby

Location

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753 Prospect Ave, Princeton$1,975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOversized, Driveway, Detached Garage
Garage2 spaces
Year Built1979
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #NJME2040850
Lot Size0.50 Acres
StatusSale Pending
(PENDING)

About 753 Prospect Ave

Welcome to 753 Prospect Avenue, a captivating lakefront retreat in the coveted Riverside neighborhood of Princeton, NJ. This stunning property offers a panoramic view of Lake Carnegie and boasts a completely renovated solid brick main residence with a separate guest house, making it an ideal work-from-home oasis. As you make your way down the Belgian block driveway, you'll be greeted by the meticulously renovated main house, featuring three fireplaces, solid hardwood floors throughout, and an open layout perfect for entertaining while soaking in the picturesque view of the lake. The elegant living room, adorned with a massive picture window, will leave you in awe. The newly renovated open gourmet kitchen is a chef's dream, with custom cabinets, stainless steel appliances, quartzite countertops, marble backsplashes, and ample space for entertaining in the adjoining sitting and dining areas. Additionally, the main floor offers a powder room and a formal dining room with French doors that open to one of two stone patios. The second floor of the main house comprises four bedrooms, including a private master suite overlooking the lake, complete with a fireplace, large walk-in closet, and a tastefully renovated master bathroom featuring custom cabinets and a luxurious steam shower. The hall bath boasts a jetted whirlpool tub, and there's an upstairs laundry room for added convenience. Both upstairs baths have radiant heated floors, adding a touch of luxury to everyday living. The detached and newly updated guest house, situated above the garage, offers a versatile space with a full bath, kitchenette, a spacious living area, and access to two cedar decks. Upstairs, a flex office/loft/sleeping area provides ample room for various uses. With wide views of Lake Carnegie, generous workspaces, and dedicated HVAC, this space is perfect for guests, remote work, or pursuing creative endeavors. Completing this mini compound is direct lake access for your kayaks and canoes, as well as a built-in outdoor grill for al fresco dining. The property is conveniently located within walking distance to the bus to Manhattan and is in close proximity to the delightful shopping and dining options in downtown Princeton. Not to mention, it's part of the award-winning Princeton school district! This home offers the perfect blend of elegance, functionality, and tranquility. Don't miss the opportunity to make this extraordinary lakefront property your own. Schedule a showing today and experience the allure of 753 Prospect Avenue.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1979
  • Stories: 2
  • Living Area: 3,646 SqFt

Listing Office:

  • Office Name: Compass New Jersey, LLC - Princeton
  • Office Phone: (609) 710-2021
  • Listing Agent: Yael Lax Zakut

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: BBQ Grill

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Oversized, Driveway, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Nassau/Princeton Kingston to Prospect Ave

Municipality:

  • Princeton

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,975,000
  • Price Per SqFt: $542/SqFt

Tax Information:

  • Annual Amount: $40,177
  • Tax Year: 2020
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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

753 Prospect Ave vs Princeton

39 DAYS ON ROCKET

-13 Days

$1,975,000

+$1.1M More

$542/SqFt

+$183 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $183/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: #NJME2040850

Listing Office:

  • Office Name: Compass New Jersey, LLC - Princeton
  • Office Phone: (609) 710-2021
  • Listing Agent: Yael Lax Zakut

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: 4/28/2024, 10:05:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 10, 2015Home Sold
$1,400,000

Tax History

YEARPROP. TAXASSESSMENT
2020$40,177$1,693,800
2019$39,389$1,693,800
2018$39,390$1,689,100
2017$38,849$1,689,100

History based on county public records data.

Payment Calculator

$9,925

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,988

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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.

Nearby Schools

school-card-donut-2147618
8
/10
  • Littlebrook School

  • 39 Magnolia Ln

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-2147619
10
/10
  • Riverside School

  • 58 Riverside Dr

  • 0.88 miles

  • Public District Grades PK-5

school-card-donut-2147620
8
/10
  • Community Park School

  • 372 Witherspoon St

  • 2.03 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. The majority of Princeton, NJ residents have income $200k+ annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 753 Prospect Ave

What is the listing price of this property?

The listing price of 753 Prospect Ave property is $1,975,000.

What type of property is this?

The property 753 Prospect Ave is a house located in Princeton, New Jersey, 08540.

Is this property for sale now?

Sale Pending: 753 Prospect Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $40,177 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 10, 2015 for $1,400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 753 Prospect Ave has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 753 Prospect Ave is 3,646 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 753 Prospect Ave is 1979.

Rocket Homes›New Jersey›Mercer County›Princeton›08540›753 Prospect Ave

This home is located at 753 Prospect Ave in Princeton, NJ and zip code 08540. This 3,646 square foot home, which was built in 1979, sits on a 0.50 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $1,975,000.

While more than 15 listings in Princeton, NJ in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 9 were sold below. The inventory of homes for sale in Princeton, NJ between February 2024 and March 2024 increased by 11.4%. Listings spent 52 days on the market in March 2024, and had a median list price of $777,850 during the same period.

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

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