409 Basin Street Princeton, NJ $ 1,300,000
409 Basin Street
$ 1,300,000
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409 Basin Street

Princeton, NJ, 08540
$ 1,300,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 8,110

409 Basin Street, Princeton, NJ 08540 - Image 1
409 Basin Street, Princeton, NJ 08540 - Image 2
409 Basin Street, Princeton, NJ 08540 - Image 3
409 Basin Street, Princeton, NJ 08540 - Image 4
409 Basin Street, Princeton, NJ 08540 - Image 5

Multi-Family Home for sale in Princeton, NJ

for $1,300,000 with 3 bedrooms. This home was built in 1920 on a lot size of 0.27.

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 Princetons 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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Multi-Family Active

Price

$ 1,300,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 9,594

Style

Colonial

Lot Size

0.27

Year Built

1920

Town/City

Princeton

County/Region

Mercer

MLS | Web ID

NJME2060926

Features
General
Living Area 1808
Sewer Public Sewer
Heating Radiant
Cooling None
Possession Negotiable
Zoning R9
Architectural Style Colonial
Construction Materials Vinyl Siding
School District PRINCETON REGIONAL SCHOOLS
Year Built 1920
Property Subtype Duplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality PRINCETON
Accessibility None
County MERCER
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Alexander St
City PRINCETON
Number Of Units Total 2
MLS Area Princeton (21114)
Lot Size Units Square Feet
Lot Size Square Feet 11761.00
Tax Annual Amount 9594.0
Two Bedroom 1
Structure Type Detached
Price Per Sq Ft Total AG 719.03
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 00002
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Interior
Heating Fuel Natural Gas
Basement Partial
Hot Water Electric
Total Stories 2
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking Driveway
Foundation Details Block
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.27
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 242000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 409
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* Excluded Features
List By
Home Journey Realty

Broker

petejsan@aol.com

Email

Affordability Calculator

$8,910
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,110
Monthly Property Taxes
$800
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3534572 Elementary School
3534467 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/11/2025$1,300,000 Listed Price

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409 Basin Street, Princeton, NJ, 08540 is a Multi-Family Home for sale at $1,300,000 with a lot size of 0.27. 409 Basin Street has 3 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 08540 which is in Princeton, NJ