Pending

MLS: #NJME2060926, Listed By: Peter San Paolo, Home Journey Realty, Source:Bright MLS

409 Basin Street

PRINCETON, NJ 08540

$1,300,000 $5,480/Mo

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Overview

Bed

Bath

1,808

Sqft

0.27

Acre(Lot)

Description

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.

Property Details

Property Type : Residential Income

Price : $1,300,000

AD Id : 71759228

MLS Id : NJME2060926

Beds : 3

Lot Size : 0.27 Acre

Living Area Size : 1,808

Year Built : 1920

County : MERCER

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Room Information

Has Basement: Yes Basement: Partial
Interior Features

Appliances: Electric Water Heater
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Radiant Has Cooling: Yes Cooling: None, Electric

Building Information

Year Built: 1920 Building Area Total: 1808 Construction Materials: Vinyl Siding Pool Features: None Private Pool: No

Lot Information

Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 0.27 Lot Size Source: Assessor Lot Size Square Feet: 11761

Listing Price Information

Listing Price: $1300000

Tax Information

Parcel Number: 14-11503-00002 Tax Lot: 00002 Tax Year: 2024 Annual Tax: $9594

Parking Information

Driveway

Location Information

Direction: Alexander St WaterSource: Public

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ByOwner last updated this listing 06/20/2026 @ 03:50

MLS: NJME2060926 LISTED BY: Peter San Paolo, Home Journey Realty 609-237-8800 SOURCE: Bright MLS