87 Library Place Princeton, NJ $ 4,900,000
87 Library Place
$ 4,900,000
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87 Library Place

Princeton, NJ, 08540
$ 4,900,000
Bedrooms5 Baths4.2

Monthly Estimate*

$ 30,570

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Single Family Home for sale in Princeton, NJ

for $4,900,000 with 5 bedrooms and 4 full baths, 2 half baths. This home was built in 1860 on a lot size of 0.46.

Once a grand 19th-century brick mansion, this Gilded Age Princeton original has undergone an extraordinary metamorphosis at the hands of design visionary Bela Rossmann of Polo Design Build. Reimagined from top to bottom, the home is now a tour de force of 21st-century modernism layered over old-world craftsmanship. Rossmanns reworking doesnt erase the past, it enhances it. What was once formal is now fluid, and what was once historic is now timeless. Original woodwork is preserved alongside striking new elements like flat-panel walnut cabinetry, custom Italian lighting, and bold marble accents. In the redesigned kitchen, solid walnut drawers glide under striking quartz counters and a Sub-Zero suite anchors the space, while an 8-burner Wolf range presides beneath a sleek hood. A central hall with herringbone floors and timeless circular stairs with bespoke custom-designed 14 glass pendants beneath a leaded glass skylight gives way to a paneled library and den with hidden shelving and a bright, elegant dining room. The former ballroom now serves as a vaulted-ceiling great room, with multiple seating arrangements allowing the space to be comfortable for a small gathering or a grand entertainment space, that opens to two garden spaces, one featuring a brick courtyard with the other, redesigned gardens and lawn edged in clipped Hawthorne tree hedges. There are eight fireplaces and 14 separate climate zones, making comfort as customizable as the design. The primary suite is nothing short of a private wellness retreat, complete with two spa-like bathrooms, a marble-clad tub room, a shower room with an oversized shower controlled by an electronic keypad, heated floors, and a dressing room worthy of a fashion editorial. Four additional bedrooms include two guest suites and a pair of mirror-image bedrooms connected by a Jack-and-Jill bath. A sunny multipurpose room with exposed brick and skylights serves as this homes kick-back-and-relax space near a handy second staircase leading to an organized mudroom and the heated two-car garage. Every detail has been touched, yet the soul of this home remains intact. An impeccable vision and design executed to the Nth degree.

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Single Family Active

Price

$ 4,900,000

Bedrooms

5

Full Bath

4

Half Bath

2

Property Type

Single Family

Taxes

$ 59,150

Style

Transitional

Lot Size

0.46

Year Built

1860

Town/City

Princeton

County/Region

Mercer

MLS | Web ID

NJME2054086

Features
General
Living Area 0
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Appliances Built-In Range Commercial Range Dishwasher Microwave Oven/Range - Gas Refrigerator Six Burner Stove
Zoning R1
Garage Spaces 2.00
Architectural Style Transitional
Construction Materials Brick
School District PRINCETON REGIONAL SCHOOLS
Year Built 1860
Levels 3
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality PRINCETON
Accessibility None
County MERCER
New Construction N
Property Type Residential
HOA N
Subdivision Name NONE AVAILABLE
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 4
Status ACTIVE
Directions Rt 206 to Library Place
City PRINCETON
Senior Community Y/N N
MLS Area Princeton (21114)
Lot Size Units Square Feet
Lot Size Square Feet 19998.00
Tax Annual Amount 59150.0
Property Condition Excellent
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 0
Bathrooms Count Main Level 2.00
Additional Parcels Y/N N
Historic Y/N N
Vacation Rental Y/N N
Virtual Tour https://players.brightcove.net/5699924528001/default_default/index.html?videoId=6384261666112
Standard Status Active
Year Built Source Assessor
Tax Lot 00007
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Interior
Interior Amenities Additional Stairway Bathroom - Soaking Tub Bathroom - Walk-In Shower Breakfast Area Built-Ins Curved Staircase Floor Plan - Traditional Kitchen - Gourmet Kitchen - Island Kitchen - Table Space Pantry
Heating Fuel Natural Gas
Basement Full
Total Fireplaces 7
Fireplace Features Gas/Propane Mantel(s) Marble
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 0
Half Baths 2
Central Air Y/N Y
Total Bedrooms 5
Below Grade Finished Area 0
Room Type Primary Bedroom Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Kitchen Den Library Foyer Great Room Laundry Mud Room Storage Room Bonus Room Primary Bathroom Full Bath Half Bath
Main Level Bedrooms 0
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 6
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Exterior
Pool No Pool
Water Source Public
Garage Features Garage - Side Entry
Type of Parking Driveway Attached Garage
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Dimensions 100.00 x 200.00
Lot Size Acres 0.46
Lot Size Source Assessor
Waterfront Y/N N
Horse Y/N N
Land Assessed Value 810000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 87
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* Excluded Features
List By
Callaway Henderson Sotheby's Int'l-Princeton

Broker

sdimeglio@callawayhenderson.com

Email

Affordability Calculator

$35,499
Per Month
86%
14%
0%
Monthly Principal & Interest
$30,570
Monthly Property Taxes
$4,929
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
3537711 Elementary School
3533654 Middle School
Princeton H.S. High School
Pricing History
DatePricePrice ChangeDescription
12/3/2025$4,900,000 -3.92% Price Down
9/12/2025$5,100,000 -11.30% Price Down
6/26/2025$5,750,000 -0.86% Price Down
5/16/2025$5,800,000 Listed Price

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87 Library Place, Princeton, NJ, 08540 is a Single Family Home for sale at $4,900,000 with a lot size of 0.46. 87 Library Place has 5 bedrooms, 4.2 baths, and was built in 1860. The property's zip code is 08540 which is in Princeton, NJ