Waterfront
Address
601 Prospect Avenue Princeton, NJ
Price
$ 12,000,000
Property Attributes
  • MLS#1005948467
  • TypeContingent
  • CountyMERCER
  • CityPrinceton
  • AreaPrinceton
  • NeighborhoodRiverside
  • Zip08540
  • StyleTraditional
  • Year Built1914
  • Taxes$ 75120
  • Price$ 12,000,000
  • Bedrooms2
  • Full Bathrooms3
  • Half Bathrooms2
  • Sqr Footage10000
Listing Provided Courtesy Of:
Callaway Henderson Sotheby's Int'l-Princeton
Data Source:
TREND
Property Description

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.

Elementary School Middle School High School
Riverside Elementary School J Witherspoon Middle School Princeton High School
Price History
8/5/2018 Listed $12,000,000

General Features

Accessibility None
Architectural Style Traditional
Association Y/N No
Basement Full
Bathrooms Count Main Level 1.00
Condo/Coop Association Y/N No
Construction Materials Stone, Other
Cool Fuel Electric
Cooling Central A/C, Wall Unit
County MERCER
Days on Market 365
Elementary School RIVERSIDE
Flooring Tile/Brick
Garage Y/N No
Heating Radiator
High School PRINCETON
Interior Features Kitchen - Eat-In
Levels 3
Location Type Lake
MLS Area Princeton (21114)
Middle/Junior High School J WITHERSPOON
Municipality PRINCETON
New Construction No
Other Structures Above Grade
Ownership Other
Patio/Porch Features Patio(s)
Pool Y/N No Pool
Possession Negotiable
Price Per Sq Ft 1200.0
Property Type Residential
Roof Pitched
School District 300200396175
School District PRINCETON REGIONAL SCHOOLS
Senior Community Y/N No
Sewer Public Sewer
Structure Type Detached
Subdivision Name RIVERSIDE
Tax Annual Amount 75120.0
Tax Lot 00002-00004
Tax Year 2017
Total Rooms 18
Vacation Rental Y/N No
Water Access Y/N Yes
Water Body Name Carnegie Lake
Zoning R-5

Interior Features

Above Grade Finished Area 10000
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Basement Y/N Yes
Bathrooms Count All Lower Levels 1
Bathrooms Count All Upper Levels 3
Bathrooms Count Lower Level 1 1.00
Bathrooms Count Upper Level 1 2.00
Bathrooms Count Upper Level 2 1.00
Bathrooms Full All Upper Levels 3
Bathrooms Full Upper Level 1 2
Bathrooms Full Upper Level 2 1
Bathrooms Half All Lower Levels 1
Bathrooms Half Lower Level 1 1
Bathrooms Half Main Level 1
Bedrooms Count All Upper Levels 2
Bedrooms Count Upper Level 1 1
Bedrooms Count Upper Level 2 1
Central Air Y/N Yes
Fireplace Features Non-Functioning
Fireplace Y/N Yes
Full Baths 3
Half Baths 2
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Laundry Type Basement
Living Area 10000
Room Type Living Room, Primary Bedroom, Kitchen, Other, Attic
Total Baths 5
Total Bedrooms 2
Total Fireplaces 1

Exterior Features

Lot Dimensions 18.47 ACRES
Lot Features Open, Trees/Wooded, Subdivision Possible
Navigable Water Y/N Yes
Type of Parking Parking Lot
Water Body Type Lake
Water Oriented Y/N Yes
Water Source Public
Water View Y/N No
Waterfront Y/N Yes

Room Details

Room Dimensions Level Flooring Details
Attic Unspecified Attic - Walk-Up
Kitchen 12 X 19 Lower 1 Kitchen - Gas Cooking
Living Room 20 X 28 Main
Other 20 X 50 Main MEETING
Primary Bedroom Unspecified

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 08540

Price
AVG $1.58M
$12M
Taxes
AVG $22,007
$75,120
Visits
AVG 120
740
Year Built
AVG 1968
1914
Walkscore
AVG 27
12
Data Provided by Walkscore ® not using MLS data

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