12 Murray Place Princeton, NJ $ 2,700,000
12 Murray Place
$ 2,700,000
Recently Listed
Share Save

12 Murray Place

Princeton, NJ, 08540
$ 2,700,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 16,624

12 Murray Place, Princeton, NJ 08540 - Image 1
12 Murray Place, Princeton, NJ 08540 - Image 2
12 Murray Place, Princeton, NJ 08540 - Image 3
12 Murray Place, Princeton, NJ 08540 - Image 4
12 Murray Place, Princeton, NJ 08540 - Image 5
12 Murray Place, Princeton, NJ 08540 - Image 6
12 Murray Place, Princeton, NJ 08540 - Image 7
12 Murray Place, Princeton, NJ 08540 - Image 8
12 Murray Place, Princeton, NJ 08540 - Image 9
12 Murray Place, Princeton, NJ 08540 - Image 10
12 Murray Place, Princeton, NJ 08540 - Image 11
12 Murray Place, Princeton, NJ 08540 - Image 12
12 Murray Place, Princeton, NJ 08540 - Image 13
12 Murray Place, Princeton, NJ 08540 - Image 14
12 Murray Place, Princeton, NJ 08540 - Image 15
12 Murray Place, Princeton, NJ 08540 - Image 16
12 Murray Place, Princeton, NJ 08540 - Image 17
12 Murray Place, Princeton, NJ 08540 - Image 18
12 Murray Place, Princeton, NJ 08540 - Image 19
12 Murray Place, Princeton, NJ 08540 - Image 20
12 Murray Place, Princeton, NJ 08540 - Image 21
12 Murray Place, Princeton, NJ 08540 - Image 22
12 Murray Place, Princeton, NJ 08540 - Image 23
12 Murray Place, Princeton, NJ 08540 - Image 24
12 Murray Place, Princeton, NJ 08540 - Image 25
12 Murray Place, Princeton, NJ 08540 - Image 26
12 Murray Place, Princeton, NJ 08540 - Image 27
12 Murray Place, Princeton, NJ 08540 - Image 28
12 Murray Place, Princeton, NJ 08540 - Image 29
12 Murray Place, Princeton, NJ 08540 - Image 30
12 Murray Place, Princeton, NJ 08540 - Image 31
12 Murray Place, Princeton, NJ 08540 - Image 32
12 Murray Place, Princeton, NJ 08540 - Image 33
12 Murray Place, Princeton, NJ 08540 - Image 34
12 Murray Place, Princeton, NJ 08540 - Image 35
12 Murray Place, Princeton, NJ 08540 - Image 36
12 Murray Place, Princeton, NJ 08540 - Image 37
12 Murray Place, Princeton, NJ 08540 - Image 38
12 Murray Place, Princeton, NJ 08540 - Image 39
12 Murray Place, Princeton, NJ 08540 - Image 40
12 Murray Place, Princeton, NJ 08540 - Image 41
12 Murray Place, Princeton, NJ 08540 - Image 42
12 Murray Place, Princeton, NJ 08540 - Image 43
12 Murray Place, Princeton, NJ 08540 - Image 44
12 Murray Place, Princeton, NJ 08540 - Image 45
12 Murray Place, Princeton, NJ 08540 - Image 46
12 Murray Place, Princeton, NJ 08540 - Image 47
12 Murray Place, Princeton, NJ 08540 - Image 48
12 Murray Place, Princeton, NJ 08540 - Image 49
12 Murray Place, Princeton, NJ 08540 - Image 50
12 Murray Place, Princeton, NJ 08540 - Image 51
12 Murray Place, Princeton, NJ 08540 - Image 52
12 Murray Place, Princeton, NJ 08540 - Image 53
12 Murray Place, Princeton, NJ 08540 - Image 54
12 Murray Place, Princeton, NJ 08540 - Image 55
12 Murray Place, Princeton, NJ 08540 - Image 56
12 Murray Place, Princeton, NJ 08540 - Image 57
12 Murray Place, Princeton, NJ 08540 - Image 58
12 Murray Place, Princeton, NJ 08540 - Image 59
12 Murray Place, Princeton, NJ 08540 - Image 60
12 Murray Place, Princeton, NJ 08540 - Image 61
12 Murray Place, Princeton, NJ 08540 - Image 62
12 Murray Place, Princeton, NJ 08540 - Image 63
12 Murray Place, Princeton, NJ 08540 - Image 64
12 Murray Place, Princeton, NJ 08540 - Image 65
12 Murray Place, Princeton, NJ 08540 - Image 66
12 Murray Place, Princeton, NJ 08540 - Image 67
12 Murray Place, Princeton, NJ 08540 - Image 68
12 Murray Place, Princeton, NJ 08540 - Image 69
12 Murray Place, Princeton, NJ 08540 - Image 70
12 Murray Place, Princeton, NJ 08540 - Image 71
12 Murray Place, Princeton, NJ 08540 - Image 72
12 Murray Place, Princeton, NJ 08540 - Image 73

Multi-Family Home for sale in Princeton, NJ

for $2,700,000 with 5 bedrooms. This home was built in 1870 on a lot size of 0.19.

Location, location, locationset in Princetons highly sought-after Riverside neighborhood, this distinguished Victorian owner-occupied 3-Unit property offers an exceptional walk-to-town lifestyle just steps from coffee shops, acclaimed restaurants, the post office, top-rated schools, and Princetons vibrant cultural and athletic venues. A truly rare opportunity for the discerning owner-occupant, this fully renovated residence offers strong rental demand and an impressive net operating income. Thoughtfully reimagined in 2022, each unit was meticulously updated with modern kitchens, refreshed baths, newer appliances, upgraded split HVAC systems, and three separate furnaces, ensuring comfort, efficiency and ease of management. The generously sized residences include a 5-bedroom / 3-bath, 3-bedroom / 2-bath and a 2-bedroom / 1-bath layout. that generate approximately $9500/mo from the 2 smaller units at 14 Murray The property has been maintained, painted inside and out and is truly turnkey. Ideal for an owner-occupant, the expansive 5-bedroom unit is fully available (past rent of $7800/mo), while the two remaining apartments are currently leased, generate approx $8,500 per month in rental income. Completing the offering is a convenient driveway parking and permitted street parking, immediate access to the NYC bus line, and close proximity to the Princeton Junction train station. Blending historic charm with modern updates and prime location, this exceptional triplex is a standout addition to any sophisticated real estate portfolio.

See more

Multi-Family Active

Price

$ 2,700,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 38,934

Style

Victorian

Lot Size

0.19

Year Built

1870

Town/City

Princeton

County/Region

Mercer

MLS | Web ID

NJME2071550

Features
General
Living Area 5760
Sewer Public Sewer
Heating Radiator
Cooling Ductless/Mini-Split
Utilities Cable TV Water Available Sewer Available Natural Gas Available Electric Available
Possession Negotiable
Roof Slate Asphalt
Appliances Built-In Microwave Built-In Range Dryer Exhaust Fan Microwave Refrigerator Range Hood Washer Dishwasher
Zoning R3
Patio/Porch Features Porch(es) Balcony Patio(s) Wrap Around
Architectural Style Victorian
Construction Materials Frame
School District PRINCETON REGIONAL SCHOOLS
Year Built 1870
Electric 200+ Amp Service
View Garden/Lawn Street
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PRINCETON
Accessibility None
County MERCER
Net Operating Income 146097.00
Operating Expense 49287.00
Insurance Expense 8000.00
New Construction N
Property Type Multi-Family
MaintenanceExpense 2000.00
Subdivision Name RIVERSIDE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Total Rooms 17
Status ACTIVE
Directions Nassau Street to Murray Place.
City PRINCETON
Disclosures Lead Based Paint - State
Number Of Units Total 3
MLS Area Princeton (21114)
Lot Size Units Square Feet
Lot Size Square Feet 8276.00
Number of Units Leased 3
Tax Annual Amount 38934.0
Home Warranty Y/N N
Property Condition Excellent
Two Bedroom 1
Structure Type Detached
Price Per Sq Ft Total AG 468.75
Acceptable Financing Cash Conventional
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Location Type Downtown
Lease Type Yearly
Standard Status Active
Year Built Source Estimated
Cap Rate 5.41
See more
Interior
Interior Amenities Additional Stairway Wood Floors
Heating Fuel Natural Gas Electric
Basement Full Unfinished
Flooring Hardwood Laminated
Total Fireplaces 6
Hot Water Natural Gas
Total Stories 3
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Window Features Double Hung Storm
Fireplace Y/N Y
Central Air Y/N N
Laundry Type Dryer In Unit Washer In Unit
See more
Exterior
Exterior Amenities Sidewalks Street Lights Chimney Cap(s)
Pool No Pool
Parking Features Paved Driveway
Lot Features Landscaping Level Private Rear Yard
Water Source Public
Inclusions All appliances fixtures and shed as exist. Fireplaces and chimneys are decorative (non-functioning due to rental status) and all are in as is condition.
Type of Parking Driveway On Street
Foundation Details Stone
Spa N
Water View Y/N N
Lot Dimensions 70x117
Lot Size Acres 0.19
Road Surface Type Black Top
Lot Size Source Estimated
Waterfront Y/N N
Road Responsibility Boro/Township
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 12
See more
* Excluded Features
List By
Bhhs Fox & Roach - Princeton

Broker

helen.sherman@foxroach.com

Email

Affordability Calculator

$19,869
Per Month
84%
16%
0%
Monthly Principal & Interest
$16,624
Monthly Property Taxes
$3,245
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3533662 Elementary School
3533654 Middle School
Princeton H.S. High School
Pricing History
DatePricePrice ChangeDescription
1/13/2026$2,700,000 Listed Price

Map


See all

12 Murray Place, Princeton, NJ, 08540 is a Multi-Family Home for sale at $2,700,000 with a lot size of 0.19. 12 Murray Place has 5 bedrooms, 0.0 baths, and was built in 1870. The property's zip code is 08540 which is in Princeton, NJ