240 Library Place Princeton, NJ $ 3,750,000
240 Library Place
$ 3,750,000
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240 Library Place

Princeton, NJ, 08540
$ 3,750,000
Bedrooms7 Baths7.1

Monthly Estimate*

$ 23,395

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Single Family Home for sale in Princeton, NJ

for $3,750,000 with 7 bedrooms and 7 full baths, 1 half bath. This home was built in 1840 on a lot size of 1.05.

On a corner lot in the heart of the famous Western Section, a mere half-mile from bustling downtown and Princeton University's world-class campus, astonishing artistry and a fascinating history combine for a home like no other. As refined as it appears from the courtyard entry, it only gets more impressive as you continue through the array of rooms discovering storied mantelpieces, carved woodwork and imported fixtures along the way. The deep grounds also never fail to surprise and delight all who are lucky enough to spend a day relaxing by the Roman-style pool or dining on the stone terrace. The lawn and formal garden have even hosted tented celebrations for hundreds with ease. The 1840 house welcomes you into the foyer, where a mural's softly colored tree branches reach toward an unusually high ceiling. The living room is large enough for a combination of seating areas or even billiards, as the current set-up shows. Pocket doors allow a view of the library's elaborately detailed woodwork while seated in the classically styled dining room. Plenty of sunshine and radiant heat keep the marble-clad family room from ever feeling chilly. New quartz countertops freshen up the crisp white kitchen with a wealth of storage around every turn. A breezeway connects the three-car garage and leads to a pool house like no other, where glass and crystal creations custom-made in Paris by the artisans of Lalique conjure a magical underwater fantasy world. Carved sea creatures whimsically watch over the gathering space served by a full kitchen, wine cellar and bathrooms worthy of Poseidon himself! Above, a playroom/gym provides plenty of space for healthy indoor recreation. The upper levels of the main house hold seven bedrooms served by five baths. The largest and airiest of those bedrooms radiate from the light-filled landing, along with an office beyond fanlight-topped pocket doors. The main suite has it all: dressing room, fireplace, marble bath, sunroom and a deck overlooking a trickling water feature and stunning trees that put on an autumnal show. This is your chance to leave your mark on one of the Western Section's finest showplaces.

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Single Family Active

Price

$ 3,750,000

Bedrooms

7

Full Bath

7

Half Bath

1

Property Type

Single Family

Taxes

$ 79,200

Style

Colonial

Lot Size

1.05

Year Built

1840

Town/City

Princeton

County/Region

Mercer

MLS | Web ID

NJME2061774

Features
General
Living Area 0
Sewer Public Sewer
Heating Forced Air Zoned
Cooling Central A/C Zoned
Possession Negotiable
Roof Metal Slate
Appliances Cooktop Oven - Wall Oven - Double Oven - Self Cleaning Dishwasher Refrigerator Dryer Extra Refrigerator/Freezer Stainless Steel Appliances Washer
Zoning R1
Garage Spaces 3.00
Patio/Porch Features Patio(s) Balcony
Architectural Style Colonial
Security Features Security System
Construction Materials Stucco
School District PRINCETON REGIONAL SCHOOLS
Exclusions See Listing Agent
Year Built 1840
Electric 200+ Amp Service
Levels 3
Tax Year 2024
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PRINCETON
Accessibility None
County MERCER
New Construction N
Property Type Residential
HOA N
Subdivision Name WESTERN
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 7
Status ACTIVE
Directions Stockton Street to Library Place.
City PRINCETON
Senior Community Y/N N
MLS Area Princeton (21114)
Lot Size Units Square Feet
Lot Size Square Feet 45738.00
Tax Annual Amount 79200.0
Structure Type Detached
Condo/Coop Association Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 3.00
Vacation Rental Y/N N
Virtual Tour https://my.matterport.com/show/?m=3Yzq4Bq71BP&brand=0
Standard Status Active
Year Built Source Assessor
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Interior
Interior Amenities Primary Bath(s) Butlers Pantry Skylight(s) Wet/Dry Bar Bathroom - Stall Shower Dining Area Breakfast Area Cedar Closet(s) Crown Moldings Curved Staircase Pantry Recessed Lighting Bathroom - Soaking T
Heating Fuel Natural Gas
Basement Unfinished
Flooring Wood Ceramic Tile Tile/Brick Heated Marble
Total Fireplaces 5
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 0
Half Baths 1
Central Air Y/N Y
Total Bedrooms 7
Below Grade Finished Area 0
Room Type Living Room Dining Room Primary Bedroom Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Kitchen Family Room Library Foyer Breakfast Room Sun/Florida Room Exercise Room Great Room Laundry Other Office Bedroom
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 8
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Exterior
Exterior Amenities Hot Tub Lawn Sprinkler
Pool Yes - Personal
Fencing Partially
Parking Features Gravel Driveway
Lot Features Corner Level Front Yard Rear Yard SideYard(s)
Water Source Public
Inclusions Refrigerator washer. dryer
Garage Features Inside Access
Type of Parking Driveway Attached Garage
Foundation Details Stone
Spa Y
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 1.05
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 240
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* Excluded Features
List By
Callaway Henderson Sotheby's Int'l-Princeton

Broker

mmills@callawayhenderson.com

Email

Affordability Calculator

$29,995
Per Month
78%
22%
0%
Monthly Principal & Interest
$23,395
Monthly Property Taxes
$6,600
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
3533998 Middle School
Princeton High School High School
Pricing History
DatePricePrice ChangeDescription
6/28/2025$3,750,000 Listed Price

Map


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240 Library Place, Princeton, NJ, 08540 is a Single Family Home for sale at $3,750,000 with a lot size of 1.05. 240 Library Place has 7 bedrooms, 7.1 baths, and was built in 1840. The property's zip code is 08540 which is in Princeton, NJ