240 Library Pl

Princeton, NJ 08540

$3,750,000
Price
7
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

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...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. The property's tax assessment has been reduced.
  1. Listed by Maura Mills • Callaway Henderson Sotheby's Int'l-Princeton
    P: (609)-947-5757 mmills@callawayhenderson.com

Property Details for 240 Library Place

Tax ID Number
14-00005 02-00022
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Colonial
Levels/Stories
3
Waterfront
No
LISTING UPDATED: 04/01/2026 08:07 AM

Property Details for 240 Library Place

StatusComing Soon
MLS #NJME2074774
Days on Market-
Taxes$81,282 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1840
Lot Size1.05 AC / 45,738 SF
CountyMercer County
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Location

Listing Courtesy of Callaway Henderson Sotheby's Int'l-Princeton
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Building Information for 240 Library Place

Stories3Year Built1840Building Size-Lot Size1.05 AC / 45,738 SF

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$24,973 per month

30 year fixed, 6.11% Interest

Principal and Interest

$18,199

Property Taxes

$6,774

HOA Dues

$0

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Property Information for 240 Library Place

Location
Location
  • School District Name: PRINCETON REGIONAL SCHOOLS
  • School District County ID: 300200396175
  • SchoolDistrictSource: Listing Agent
  • Middle Or Junior School: PRINCETON (MERCER NJ)
  • MiddleSchoolSource: Listing Agent
  • High School: PRINCETON (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
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $2,560,000
  • Year Assessed: 2026
  • Zoning: RESIDENTIAL
  • Automatically Update Tax Values Y/N: Yes
Rooms
Main
  • # Bathrooms Count Main Level: 3
  • # Bathrooms Full Main Level: 2
  • # Bathrooms Half Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 7
  • # Bathrooms Count All Upper Levels: 5
  • # Bathrooms Full All Upper Levels: 5
Upper Level 1
  • # Bedrooms Count Upper Level: 5
  • # Bathrooms Count Upper Level: 3
  • # Bathrooms Full Upper Level: 3
Upper Level 2
  • # Bedrooms Count Upper Level: 2
  • # Bathrooms Count Upper Level: 2
  • # Bathrooms Full Upper Level: 2
Rooms
  • Room List: 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 6, Additional Bedroom
  • Stories: Main, Upper 1, Upper 2
Rooms Information
Room 1
  • Room Type: Living Room
  • Room Length: 35.0
  • Room Width: 18.0
  • Room Level: Main
  • Room Exists: Yes
Room 2
  • Room Type: Foyer
  • Room Length: 35.0
  • Room Width: 12.0
  • Room Level: Main
  • Room Exists: Yes
Room 3
  • Room Type: Library
  • Room Length: 21.0
  • Room Width: 17.0
  • Room Level: Main
  • Room Exists: Yes
Room 4
  • Room Type: Dining Room
  • Room Length: 14.0
  • Room Width: 21.0
  • Room Level: Main
  • Room Exists: Yes
Room 5
  • Room Type: Kitchen
  • Room Length: 20.0
  • Room Width: 12.0
  • Room Level: Main
  • Room Exists: Yes
Room 6
  • Room Type: Breakfast Room
  • Room Length: 18.0
  • Room Width: 9.0
  • Room Level: Main
  • Room Exists: Yes
Room 7
  • Room Type: Family Room
  • Room Length: 27.0
  • Room Width: 14.0
  • Room Level: Main
  • Room Exists: Yes
Room 8
  • Room Type: Primary Bedroom
  • Room Length: 18.0
  • Room Width: 13.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 9
  • Room Type: Sun/Florida Room
  • Room Length: 18.0
  • Room Width: 9.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 10
  • Room Type: Other
  • Room Length: 18.0
  • Room Width: 11.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 11
  • Room Type: Bedroom 2
  • Room Length: 18.0
  • Room Width: 17.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 12
  • Room Type: Bedroom 3
  • Room Length: 18.0
  • Room Width: 12.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 13
  • Room Type: Bedroom 4
  • Room Length: 13.0
  • Room Width: 8.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 14
  • Room Type: Bedroom 5
  • Room Length: 13.0
  • Room Width: 11.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 15
  • Room Type: Exercise Room
  • Room Length: 49.0
  • Room Width: 19.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 16
  • Room Type: Bedroom 6
  • Room Length: 20.0
  • Room Width: 14.0
  • Room Level: Upper 2
  • Room Exists: Yes
Room 17
  • Room Type: Additional Bedroom
  • Room Length: 20.0
  • Room Width: 23.0
  • Room Level: Upper 2
  • Room Exists: Yes
Room 18
  • Room Type: Laundry
  • Room Length: 22.0
  • Room Width: 23.0
  • Room Level: Lower 1
  • Room Exists: Yes
Room 19
  • Room Type: Office
  • Room Length: 13.0
  • Room Width: 11.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 20
  • Room Type: Great Room
  • Room Length: 24.0
  • Room Width: 17.0
  • Room Level: Main
  • Room Exists: Yes
Room 21
  • Room Type: Other
  • Room Length: 11.0
  • Room Width: 5.0
  • Room Level: Main
  • Room Exists: Yes
Room 22
  • Room Type: Other
  • Room Length: 12.0
  • Room Width: 7.0
  • Room Level: Main
  • Room Exists: Yes
Building Info
Building Info
  • Total Finished SQFT: .00
  • Total Finished SQFT Source: Estimated
  • Total SQFT: .00
  • Total SQFT Source: Estimated
  • Construction Materials: Stucco
  • Roof: Metal, Slate
  • Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/8039/1975/5082/803919755082_512_384_WM_vxbzZni5YzrOJIQu.jpg
  • Wall and Ceiling Types: 9'+ Ceilings, Vaulted Ceilings
  • Flooring Type: Wood, Ceramic Tile, Tile/Brick, Heated, Marble
  • Basement Type: Unfinished
  • Foundation Details: Stone, Block
  • Room and Floor: Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Half-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bedrooms-Upper Level 1-4, Bedrooms-Upper Level 1-5, Bathrooms Full-Upper Level 1-1, Bathrooms Full-Upper Level 1-2, Bathrooms Full-Upper Level 1-3, Bedrooms-Upper Level 2-1, Bedrooms-Upper Level 2-2, Bathrooms Full-Upper Level 2-1, Bathrooms Full-Upper Level 2-2
  • # Bathrooms Full: 7
  • # Bathrooms Half: 1
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Corner, Level, Front Yard, Rear Yard, SideYard(s)
  • Fencing: Partially
  • Parcel ID: 2138452
Parking
Parking
  • Type Of Parking: Driveway, Attached Garage
  • Num of Attached Garage Spaces: 3
  • Total Garage Spaces: 3
  • Parking Features: Gravel Driveway
  • Garage Features: Inside Access
Interior Features
Interior Features
  • Interior Features: 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 Tub, Bathroom - Tub Shower, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wine Storage, Wood Floors, Additional Stairway, Built-Ins, Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet
  • Fireplace: Yes
  • Fireplaces Count: 5
  • Appliances: Cooktop, Oven - Wall, Oven - Double, Oven - Self Cleaning, Dishwasher, Refrigerator, Dryer, Extra Refrigerator/Freezer, Stainless Steel Appliances, Washer
  • Accessibility Features: None
  • Security Features: Security System
  • Virtual Tour URL Unbranded: https://my.matterport.com/show/?m=3Yzq4Bq71BP&brand=0
Exterior Features
Exterior Features
  • Spa: Yes
  • Exterior Features: Hot Tub, Lawn Sprinkler
  • Outdoor Living Structures: Patio(s), Balcony
  • Pool: Yes - Personal
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Zoned
  • Cooling Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Mid Jersey Association of REALTORS
  • List Agent URL: mauramills.callawayhenderson.com

Property History for 240 Library Place

DateEvent & SourcePriceAppreciation
Mar 31, 2026

Expired

BRIGHT #NJME2061774

—
Dec 24, 2025

Withdrawn

BRIGHT #NJME2061774

—
Jun 28, 2025

Withdrawn

BRIGHT #NJME2054802

—
Jun 28, 2025

Listed (Active)

BRIGHT #NJME2061774

$3,750,000—
Feb 22, 2025

Listed (Active)

BRIGHT #NJME2054802

$3,750,000—
Jul 15, 2024

Expired

BRIGHT #NJME2040542

—
Apr 8, 2024

Price Change

BRIGHT #NJME2040542

$3,975,000—
Mar 22, 2024

Listed (Active)

BRIGHT #NJME2040542

$4,100,000—
Nov 4, 2023

Withdrawn

BRIGHT #NJME2032376

—
Sep 27, 2023

Price Change

BRIGHT #NJME2032376

$4,100,000—
Jul 9, 2023

Listed (Active)

BRIGHT #NJME2032376

$4,500,000—
Feb 9, 2005

Closed

BRIGHT #NJME129446

$3,100,000—
Jan 12, 2005

Pending

BRIGHT #NJME129446

—
Apr 26, 2004

Withdrawn

BRIGHT #NJME256700

$3,900,000—
Apr 23, 2004

Listed (Active)

BRIGHT #NJME129446

$3,800,000—
Apr 3, 2003

Listed (Active)

BRIGHT #NJME256700

$4,500,000—
DateEvent & SourcePrice
03/31/2026

Expired

BRIGHT #NJME2061774

—
12/24/2025

Withdrawn

BRIGHT #NJME2061774

—
06/28/2025

Withdrawn

BRIGHT #NJME2054802

—
06/28/2025

Listed (Active)

BRIGHT #NJME2061774

$3,750,000
02/22/2025

Listed (Active)

BRIGHT #NJME2054802

$3,750,000
07/15/2024

Expired

BRIGHT #NJME2040542

—
04/08/2024

Price Change

BRIGHT #NJME2040542

$3,975,000
03/22/2024

Listed (Active)

BRIGHT #NJME2040542

$4,100,000
11/04/2023

Withdrawn

BRIGHT #NJME2032376

—
09/27/2023

Price Change

BRIGHT #NJME2032376

$4,100,000
07/09/2023

Listed (Active)

BRIGHT #NJME2032376

$4,500,000
02/09/2005

Closed

BRIGHT #NJME129446

$3,100,000
01/12/2005

Pending

BRIGHT #NJME129446

—
04/26/2004

Withdrawn

BRIGHT #NJME256700

$3,900,000
04/23/2004

Listed (Active)

BRIGHT #NJME129446

$3,800,000
04/03/2003

Listed (Active)

BRIGHT #NJME256700

$4,500,000

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

Public Records for 240 Library Place

Taxable ValueLand$850,500Additions$2,123,600Total$2,974,100
Tax Record2024$84,526 ($7,044 / month)
Home Facts
Beds0Total Finished SqFt7,229 SqFtAbove Grade Finished SqFt7,229 SqFtStories2Lot Size45,738 SqFtStyleSingle Family ResidenceYear Built1840ZoningR1CountyMERCERAPN14 00005- 02-00022

Schools near 240 Library Place

This home is within Princeton Public School District.
Rating
School
Type
Grades
Distance
Community Park Elementary School
Public - PK to 5
J Witherspoon Middle School
Public - 6 to 8
Princeton High School
Public - 9 to 12
The Lewis School & Clinic for Educational Therapy
Private - PK to 12
Rating
School
Distance
Community Park Elementary School
PublicPK to 5

J Witherspoon Middle School
Public6 to 8

Princeton High School
Public9 to 12

The Lewis School & Clinic for Educational Therapy
PrivatePK to 12

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 240 Library Place, Princeton, NJ 08540

240 Library Place is a single family home Coming Soon in Princeton, NJ 08540. This property is currently priced at $3,750,000. This listing's school district is Princeton Public School District. Nearby schools include Community Park Elementary School, J Witherspoon Middle School and Princeton High School. 240 Library Place is a 7-bed, 8-bath, single family home built in 1840.

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 Callaway Henderson Sotheby's Int'l-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.