12 Murray Pl

Princeton, NJ 08540

$2,700,000
Price
10
Beds
6
Baths
5,760 Sq. Ft.
$469 / Sq. Ft.
5,760
Sq. Ft.
$469
per Sq. Ft.
a front view of a building with garage and trees
3 Level 5 bedroom/3 Bath unit with porch and patio
Elegant entrance with classic charm.
Charming porch with classic architectural details.
a view of a hallway view with wooden floor and staircase
a view of a hallway with wooden floor staircase and windows
a view of an empty room with wooden floor and a window
a living room with furniture a fireplace and a flat screen tv
a view of an empty room with wooden floor and a window
a view of a livingroom with a fireplace wooden floor and windows
a view of a hallway with wooden floor and chandelier
a view of a livingroom with wooden floor fireplace and windows
a view of a dining room with furniture window and wooden floor
Spacious elegance with timeless charm.
a view of a livingroom with a fireplace wooden floor and a chandelier
a kitchen with a stove sink and cabinets
a kitchen with a stove a sink a center island and windows
a kitchen with stainless steel appliances granite countertop a stove a kitchen island a table and chairs
Modern kitchen with elegant finishes.
a kitchen that has a lot of cabinets in it
Modern kitchen with elegant finishes.
a kitchen with a sink stove and cabinets
Bright and airy laundry room with outdoor access.
Charming kitchen nook with natural light.
Modern kitchen with elegant finishes.
a view of entryway and hall with wooden floor
Bright, airy room with classic charm.
a bathroom with a sink a toilet and shower
an empty room with wooden floor and window
a view of a livingroom with wooden floor and a window
Elegant marble bathroom with natural light.
a view of entryway with wooden floor
an empty room with wooden floor and windows
Charming bathroom with elegant fixtures.
an empty room with wooden floor and windows
a view of a backyard with plants and large trees
a front view of a building with street
Charming porch with classic architectural details.
a view of an empty room and kitchen view with wooden floor
a view of a livingroom with a fireplace a ceiling fan and wooden floor
Spacious modern living area with sleek design.
Modern elegance in a spacious kitchen.
a room with kitchen island a sink and wooden floor
Sleek modern kitchen with elegant finishes.
a kitchen with a sink and wooden floor
Stylish open space with modern elegance.
a close up view of a washer and dryer
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor and a window
a bathroom with a sink toilet and shower
a front view of a building with street view
Charming entrance with classic details.
Elegant staircase with chandelier allure.
Inviting entryway with warm tones and light.
a view of an empty room with wooden floor and a kitchen
a kitchen with a refrigerator a sink and dishwasher with wooden floor
a kitchen with a refrigerator a sink and a stove top oven
Bright and airy open-concept living space.
a view of an empty room with wooden floor and a window
a view of empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
a view of a hallway with wooden floor and entryway
a bathroom with a sink a toilet and mirror
Bright bathroom with classic tile accents.
an empty room with windows fireplace and wooden floor
a bathroom with a shower sink and mirror
a bathroom with a glass shower door
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor
a front view of a house with garden

Description

Location, location, location—set in Princeton’s highly sought-after Riverside neighborhood, this distinguished Victorian 3-Unit offers an exceptional walk-to-town lifestyle just steps from coffee shops, acclaimed restaurants, the post office, top-rated schools, and Princeton’s vibrant cultural and athletic venues. A truly rare opportunity for the discerning investor or owner-occupant, this fully renovated residence delivers strong rental demand and an impressive net operating income. Thoughtfully...Location, location, location—set in Princeton’s highly sought-after Riverside neighborhood, this distinguished Victorian 3-Unit offers an exceptional walk-to-town lifestyle just steps from coffee shops, acclaimed restaurants, the post office, top-rated schools, and Princeton’s vibrant cultural and athletic venues. A truly rare opportunity for the discerning investor or owner-occupant, this fully renovated residence delivers 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. 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, generating nearly $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.
  1. Listed by Helen H Sherman • BHHS Fox & Roach - Princeton
    P: (609)-915-1216 helen.sherman@foxroach.com

Property Details for 12 Murray Place

Tax ID Number
14-00051 02-00040
Ownership
Fee Simple
Structure Type
Detached
Style
Victorian
Waterfront
No
Views
Garden/Lawn, Street
Garage
No
Cross Street
Nassau
LISTING UPDATED: 01/04/2026 05:46 PM

Property Details for 12 Murray Place

StatusActive
MLS #NJME2067602
Days on Market24
Taxes$37,937 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1870
Lot Size0.19 AC / 8,276 SF
CountyMercer County

Location

Listing Courtesy of BHHS Fox & Roach - Princeton
Add your commute

Building Information for 12 Murray Place

Stories-Residences3Year Built1870Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$16,321 per month

30 year fixed, 6.15% Interest

Principal and Interest

$13,159

Property Taxes

$3,161

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12 Murray Place

Location
Location
  • Transportation: Bus Stop less than 1 mile, Commuter Rail Station 1 to 5 miles
  • School District Name: PRINCETON REGIONAL SCHOOLS
  • School District County ID: 300200396175
  • Elementary School: RIVERSIDE E.S. (MERCER NJ)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: JOHN WITHERSPOON M.S. (MERCER NJ)
  • MiddleSchoolSource: Listing Agent
  • High School: PRINCETON H.S. (MERCER NJ)
  • HighSchoolSource: Listing Agent
  • County: MERCER
  • MLS Area: Princeton (21114)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $1,424,600
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $919,500
  • Land Assessed Value: $505,100
  • Municipal Trash: Yes
  • Historic: No
  • Zoning: R3
  • Zoning Dscrp: 3 Family
  • Tax Lot: 00040
  • School Tax: $0
  • Tax Page Number: 1779
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Insurance, Lawn/Shrub Care, Sewer, Taxes - Real Estate, Water
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Furnished: None
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Vacancy Allowance Rate: .00%
  • Number Of Units Month To Month: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Yearly
  • Beds Total: 5
  • Full Baths Count: 3
  • Unit Type Features: Hardwood Floors, Newer gourmet kitchen with Laundry/Mud Room, high ceilings, patio, porch
  • Total Rooms: 8
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: Hardwood Floors, Newer Kitchen and Full Bath, High Ceilings, Porch, Laundry
  • Total Rooms: 4
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Yearly
  • Beds Total: 3
  • Full Baths Count: 2
  • Unit Type Features: Second and third levels - separate entrance, Wood Floors, Newer Kitchen with Laundry, Balcony
  • Total Rooms: 5
Financial Information
Expenses
  • Operating Expense: $49,287
  • Insurance Expense: $8,000
  • Maintenance Expense: $2,000
  • Other Expense: $1,350
Financial Information
  • Net Operating Income: $146,097
  • Annual Rental Income: $195,384
  • Income Includes: Apartment Rentals
  • Cap Rate: 5.41
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Year Major Reno Remodel: 2022
  • Building Level Count: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 70x117
  • Lot Dimensions Source: Estimated
  • Lot Features: Landscaping, Level, Private, Rear Yard
  • Road Surface Type: Black Top
  • Road Responsibility: Boro/Township
  • Location Type: Downtown
  • Parcel ID: 2140652
  • Additional Parcels: No
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway, On Street
  • Driveway - # of Spaces: 4
  • Parking Features: Paved Driveway
Interior Features
Interior Features
  • Interior Features: Additional Stairway, Wood Floors
  • Fireplace: Yes
  • Fireplaces Count: 6
  • Fireplace Features: Non-Functioning
  • Appliances: Built-In Microwave, Built-In Range, Dryer, Exhaust Fan, Microwave, Refrigerator, Range Hood, Washer, Dishwasher
  • Accessibility Features: None
  • Window Features: Double Hung, Storm
  • Laundry Type: Dryer In Unit, Washer In Unit
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Sidewalks, Street Lights, Chimney Cap(s)
  • Outdoor Living Structures: Porch(es), Balcony, Patio(s), Wrap Around
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Utilities: Cable TV, Water Available, Sewer Available, Natural Gas Available, Electric Available
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas, Electric
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
  • Internet Services: Fiber Optic
Confidential Data
Listing Office
  • List Agent AOR: Pennsylvania Association of REALTORS
  • List Agent URL: www.princetonnjproperties.com

Property History for 12 Murray Place

DateEvent & SourcePriceAppreciation
Jan 4, 2026

Listed (Active)

BRIGHT #NJME2067602

—
Nov 10, 2025

Temp Off Market

BRIGHT #NJME2067602

—
Oct 21, 2025

Listed (Active)

BRIGHT #NJME2067602

$2,700,000—
DateEvent & SourcePrice
01/04/2026

Listed (Active)

BRIGHT #NJME2067602

—
11/10/2025

Temp Off Market

BRIGHT #NJME2067602

—
10/21/2025

Listed (Active)

BRIGHT #NJME2067602

$2,700,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 12 Murray Place

This home is within Princeton Public School District.
Rating
School
Type
Grades
Distance
Riverside Elementary School
Public - PK to 5
J Witherspoon Middle School
Public - 6 to 8
Princeton High School
Public - 9 to 12
St Paul School
Private - PK to 8
Rating
School
Distance
Riverside Elementary School
PublicPK to 5

J Witherspoon Middle School
Public6 to 8

Princeton High School
Public9 to 12

St Paul School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 12 Murray Place, Princeton, NJ 08540

12 Murray Place is a multi-family home for sale in Princeton, NJ 08540. This property was listed for sale on October 21, 2025 by BHHS Fox & Roach - Princeton, it's currently listed at $2,700,000. This listing's school district is Princeton Public School District. Nearby schools include Riverside Elementary School, J Witherspoon Middle School and Princeton High School. 12 Murray Place is a 10-bed, 6-bath, 5,760 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach - Princeton

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.