Thank you
Barbara J Blackwell
Callaway Henderson Sotheby's Int'l-Princeton
609-921-1050
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.
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Water Source : Public
Utilities: Water Available,Natural Gas Available,Electric Available
Water: Carnegie Lake
Sewer: Public Sewer
Lot Size: 804,553
Dimensions: 18.47 ACRES, LotWidth:1400
Lot Size (Acres): 18.47
Main Square Feet: 804,553
Total Lot SQ ft: 804,553
View: Water,Lake,Scenic Vista,Trees/Woods,Pasture
Subdivision: RIVERSIDE
Appx. Lot Dimensions: 18.47 ACRES, LotWidth:1400
Total Acreage: 18.47
Possession: Negotiable
Days Of Market: 365
Annual Tax: $75,120
Tax Year: 2017
Total Taxes Payment Frequency: Annually
Negotiable
Taxes Assessment Amount: $6,287,100
Road Frontage Length: 1400
Road Surface: Paved
Direction: Nassau Street to Princeton Kingston Road to second Riverside Drive to corner of Prospect Ave and Riverside Dr
School District: PRINCETON REGIONAL SCHOOLS
Water Available,Natural Gas Available,Electric Available
Water Source: Public
Sewer: Public Sewer
Location Type: Lake
Direction: Nassau Street to Princeton Kingston Road to second Riverside Drive to corner of Prospect Ave and Riverside Dr
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 |
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ByOwner last updated this listing 04/27/2024 @ 14:25
MLS: 1005948591
LISTED BY: Barbara J Blackwell , Callaway Henderson Sotheby's Int'l-Princeton
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2%
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.