• 240 Library Place PRINCETON, NJ 08540

  • $3,975,000
  • 7
    Bed(s)
  • 7.5
    Baths
  • 7,230
    Sq Ft
  • 45738
    Sqft

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.

Property Type :

Residential

Subdivision :

Western

County :

MERCER

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 7

Total Bedroom (Lower): 0

Total Bedroom (Upper): 7

Bedroom Lower Level 1: 0

Bedroom Upper Level 1: 5

Bedroom Upper Level 1: 2

Bathroom Information

Total Baths: 8

Full Baths: 7

Half Baths: 1

Laundry Source

Laundry Type : Basement

Water/Sewer

Water Source : Public

Room Information

Patio/Porch Features: Patio(s),Balcony

Interior Features

Primary Bath(s),Butlers Pantry,Skylight(s),Sauna,Air Filter System,Wet/Dry Bar,Stall Shower,Dining Area,Breakfast Area,Cedar Closet(s),Crown Moldings,Curved Staircase,Formal/Separate Dining Room,Pantry,Recessed Lighting,Soaking Tub,Tub Shower,Upgraded Countertops,Walk-in Closet(s),Window Treatments,Wine Storage,Wood Floors

Roof : Metal,Slate

Exterior Property Features : Hot Tub,Lawn Sprinkler

Basement Description: Unfinished

Property Appliances: Cooktop,Oven - Wall,Oven - Double,Oven - Self Cleaning,Dishwasher,Refrigerator,Dryer,Extra Refrigerator/Freezer,Stainless Steel Appliances,Washer

Roofing Information

Metal,Slate

Heating & Cooling

Cooling: Central A/C

Heating: Forced Air

Cooling Fuel: Natural Gas

Heating Fuel: Natural Gas

Building Information

Exterior Features: Hot Tub,Lawn Sprinkler

Year Built: 1840

Structure: Detached

Fencing: Other

Fireplace: 3

Major Appliances: Cooktop,Oven - Wall,Oven - Double,Oven - Self Cleaning,Dishwasher,Refrigerator,Dryer,Extra Refrigerator/Freezer,Stainless Steel Appliances,Washer

New Construction: No

Built: 1840

Construction Material: Stucco

Security System: Security System

Roof: Metal,Slate

Foundation/Basement: Stone

Architecture: Colonial

Pool/Private: Yes - Personal

Roof Type: Metal,Slate

Pool Information

Pool: Yes - Personal

Utility Features

Sewer: Public Sewer

Fencing

Other

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 45,738

Dimensions: 0.00 x 0.00

Lot Size (Acres): 1.05

Architectural Style: Colonial

Main Square Feet: 45,738

Property Information

SQ ft: 8,519

SQ ft (Living Area): 7,230

Total Lot SQ ft: 45,738

Subdivision: WESTERN

Financing: Conventional,Cash

Appx. Lot Dimensions: 0.00 x 0.00

Total Acreage: 1.05

New Construction: No

Type: Colonial

Listing Information

Possession: Negotiable

Days Of Market: 28

Lease Information

Lease Considered: No

Tax Information

Annual Tax: $79,796

Tax Year: 2023

Total Taxes Payment Frequency: Quarterly

Possession

Negotiable

Assessment Information

Taxes Assessment Amount: $3,174,100

Virtual Tour

Parking Information

Total Parking Spaces: 12

Parking Type: Driveway,Attached Garage

Parking Features: Gravel Driveway

Has Garage: Y

Garage Type: Inside Access

Garage Space: 4

# of Attached Garage Spaces: 4

Multi-Unit Information

Acceptable Financing: Conventional,Cash

Roof: Metal,Slate

Homeowners Association Information

Direction: 206 or Mercer to Library

School Information

Middle OR Junior School: JOHN WITHERSPOON M.S.

High School: PRINCETON H.S.

School District: PRINCETON REGIONAL SCHOOLS

Fire Place Information

Total Fire Place: 3

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Natural Gas

Heating Fuel: Natural Gas

Hot Water: Natural Gas

Location Information

Location Type: Suburban

Direction: 206 or Mercer to Library

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
601 Prospect Avenue , Princeton, NJ,08540 $12,000,000 2 3.5 -- --
363 Cherry Hill Road , Princeton, NJ,08540 $1,250,000 -- -- 177,768 177768 Sqft
18 Katies Pond Road , Princeton, NJ,08540 $3,495,000 7 7.5 -- 148975 Sqft
33 Ross Stevenson Circle , Princeton, NJ,08540 $525,000 -- -- 25,047 25047 Sqft
4075 Route 27 Highway , Princeton, NJ,08540 $3,150,000 -- -- 1,785,960 1785960 Sqft
Cleveland Road , Princeton, NJ,08540 $525,000 -- -- 1,219,680 1219680 Sqft
2408 Windrow Drive , Princeton, NJ,08540 $199,000 1 1.0 854 --
1004 Route 206 , Princeton, NJ,08540 $1,450,000 3 1.0 2,145 295772.4 Sqft
272 Carter Road , Princeton, NJ,08540 $4,850,000 5 6.5 -- 207346 Sqft
694 Prospect Avenue , Princeton, NJ,08540 $2,799,000 6 5.5 -- 20038 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/27/2024 @ 23:17

MLS: NJME2040542
LISTED BY: Yakenya Moise , Corcoran Sawyer Smith
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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