Pending

MLS: #NJME2060958, Listed By: Peter San Paolo, Home Journey Realty, Source:Bright MLS

Basin St

PRINCETON, NJ 08540
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Acres0.37

Acre(Lot)

Prime Investment Opportunity in the Heart of Princeton—Two Lots Available 409 Basin Street, Princeton, NJ This property features a charming colonial-style two-family detached residence situated on a generous lot with 61 feet of street frontage and a depth of 191 feet. Each unit has its own electric utility meter, providing flexibility for investors or owner-occupants seeking rental income potential. The home spans approximately 1,808 square feet and is currently configured as two separate units: Unit A: 1 Bedroom, 1 Bathroom Unit B: 2 Bedrooms, 1 Bathroom 0 Basin Street (Rear Lot) Located directly behind 409 Basin Street, this parcel (Lot 008, Block 11503) encompasses approximately 0.37 acres and is situated within the R9 Zone. Both lots are in the Princeton Historical District and a prior remediated (NJDEP) site for a CERCLA removal. This lot is potentially buildable and offers significant development potential, subject to zoning and historical review approvals. Access would require an easement through the driveway of the front lot (409 Basin Street). Location Highlights: Minutes from Princeton University. Convenient to the Princeton Train Station, shopping, dining, and cultural attractions. This unique offering provides a rare opportunity to own or develop in one of Princeton’s most desirable locations. Whether you're looking to invest, develop, or create a custom residence, these two contiguous parcels present exceptional potential. Buyers are encouraged to conduct their own due diligence regarding development feasibility and zoning requirements.

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Detail Ic Property Details

Property Type : Land

Price : $1,300,000

AD Id : 71759525

MLS Id : NJME2060958

Lot Size : 0.37 Acre(Lot)

County : MERCER

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Feature Features

  • Lot Information

    Lot Size Acres: 0.37 Lot Size Source: Estimated Lot Size Square Feet: 16143

  • Listing Price Information

    Listing Price: $1300000

  • Tax Information

    Parcel Number: 14-11503-00008 Tax Year: 2025 Annual Tax: $1970

  • Location Information

    Direction: Alexander St to Basin St
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4075 Route 27 Highway, Princeton, NJ, 08540 $3,150,000 -- -- -- 41 Acres(Lot)
912 Canal Road, Princeton, NJ, 08540 $495,000 -- -- -- 7.44 Acres(Lot)
136 Red Hill Road, Princeton, NJ, 08540 $599,000 -- -- -- 1.64 Acres(Lot)
106 Quaker Road, Princeton, NJ, 08540 $1,395,000 -- -- -- 0.69 Acre(Lot)
95 Westcott Road, Princeton, NJ, 08540 $1,050,000 -- -- -- 0.57 Acre(Lot)
0-2 Cherry Hill Road, Princeton, NJ, 08540 $925,000 -- -- -- 29.27 Acres(Lot)
1015 Cherry Hill Road, Princeton, NJ, 08540 $2,995,000 2 2 1,824 27.57 Acres(Lot)
5 Landfall Lane, Princeton, NJ, 08540 $875,000 -- -- -- 1.86 Acres(Lot)
10 & 6 Carter Road, Princeton, NJ, 08540 $299,000 -- -- -- 3.03 Acres(Lot)
21 Bogart Court, Princeton, NJ, 08540 $999,000 -- -- -- 4.01 Acres(Lot)

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ByOwner last updated this listing 06/07/2026 @ 14:47

MLS: NJME2060958 LISTED BY: Peter San Paolo, Home Journey Realty 609-237-8800 SOURCE: Bright MLS

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