Last Sold Price
3 beds
403 Mt Lucas Rd, Princeton, NJ 08540

Description

Here's an opportunity to invest in Princeton with the advantage of a separate income producing apartment/cottage. This charming three-bedroom, 1.5 bath solidly-built stucco ranch offers lovely vintage details, updated kitchen cabinets and appliances and many other important improvements. Enter the ranch's recently painted interior to find hardwood flooring, a living room with fireplace and three bright bedrooms served by a large full bath with separate shower and tub. The property comes with a detached...Here's an opportunity to invest in Princeton with the advantage of a separate income producing apartment/cottage. This charming three-bedroom, 1.5 bath solidly-built stucco ranch offers lovely vintage details, updated kitchen cabinets and appliances and many other important improvements. Enter the ranch's recently painted interior to find hardwood flooring, a living room with fireplace and three bright bedrooms served by a large full bath with separate shower and tub. The property comes with a detached rental - a one-bedroom, one-bath cottage apartment ($1150 monthly) which can be the basis for financing expansion for the ranch or paying taxes or even reducing the mortgage more quickly. The cottage could also serve as guest quarters for extended family or a private home office or studio. The ranch and the cottage each have their own driveway and the lovely treed 1.2-acre lot has an expansive lawn for recreation. Enjoy a convenient location, just minutes to the Princeton Shopping Center, downtown and Princeton University.
LISTING CLOSED: 04/17/2018 12:00 AM

  1. Listed by Martha Jane Weber • Callaway Henderson Sotheby's Int'l-Princeton
    P: (609) 462-1563 janeweber@callawayhenderson.com

Property Details for 403 Mt Lucas Road

Status
MLS #
1001252711
Days on Market
154
Taxes
$12,885 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Fee Simple
Year Built
1949
Lot Size
1.22 AC / 53,143 SF
Tax ID Number
14-04301-00009
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Bungalow, Ranch/Rambler
Levels/Stories
1
Waterfront
No
Garage
No
Subdivision
NONE AVAILABLE
Subdivision
NONE AVAILABLE (MERCER NJ)
Cross Street
HARRISON
Municipality
PRINCETON
Total Parking Spaces
3
Central Air
No
Basement
Yes
New Construction
No

Recent comparable sales

Median sold price

$695,000

Avg days on market

40

Sale-to-list ratio

95.7%

Princeton, NJ

9 comparable properties found

a front view of a house with a yard
1/2
1

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Sold 05/15/25

3
Bedrooms
1,256
Square Feet
0.07
Acres
$755,000 | 20 Hillside Avenue, Princeton, NJ 08540
1/37
2

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3
Bedrooms
Unavailable
Square Feet
0.26
Acres
$680,000 | 24-28 Birch Avenue, Princeton, NJ 08542
1/30
3

$680,000

Sold 09/19/25

3
Bedrooms
1,496
Square Feet
0.07
Acres
a house that has a tree in front of the house
1/27
4

$680,000

Sold 01/07/25

3
Bedrooms
Unavailable
Square Feet
0.08
Acres
a view of a house with a small yard and sitting area
1/27
5

$525,000

Sold 09/18/25

3
Bedrooms
1,204
Square Feet
0.08
Acres
$995,000 | 84 Dempsey Avenue, Princeton, NJ 08540
1/2
6

$995,000

Sold 07/31/26

3
Bedrooms
1,482
Square Feet
0.38
Acres
$695,000 | 416 North Harrison Street, Princeton, NJ 08540
1/32
7

$695,000

Sold 12/09/24

2
Bedrooms
1,136
Square Feet
0.26
Acres
$778,000 | 32 Park Place, Princeton, NJ 08542
1/28
8

$778,000

Sold 04/03/25

3
Bedrooms
Unavailable
Square Feet
0.04
Acres
$1,296,000 | 190 Moore Street, Princeton, NJ 08540
1/31
9

$1,296,000

Sold 11/12/25

3
Bedrooms
1,460
Square Feet
0.17
Acres

Location

Listing Courtesy of Callaway Henderson Sotheby's Int'l-Princeton

Sold By Weichert Realtors - Princeton

Add your commute

Building Information for 403 Mt Lucas Road

Stories1Year Built1949Building Size-Lot Size1.22 AC / 53,143 SF

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$4,200 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,126

Property Taxes

$1,074

HOA Dues

$0

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Property Information for 403 Mt Lucas Road

Location
Location
  • School District Name: PRINCETON REGIONAL SCHOOLS
  • School District County ID: 300200396175
  • Elementary School: LITTLEBROOK (MERCER NJ)
  • High School: PRINCETON (MERCER NJ)
  • 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: 2017
  • Tax Assessed Value: $560,200
  • Improvement Assessed Value: $163,200
  • Land Assessed Value: $397,000
  • Zoning: R2
  • Tax Lot: 00009
Lease Information
Lease Information
  • Concessions: No
Rooms
Rooms
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Other, Attic
Building Info
  • Flooring Type: Wood, Vinyl
  • Basement Type: Full, Unfinished
  • # Bathrooms Full: 1
  • # Bathrooms Half: 1
  • Property Attached Y/N: false
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 1.22
  • Sign On Property: No
  • Parcel ID: 2142523
Parking
Parking
  • Type Of Parking: Driveway
  • Total Non-Garage Parking Spaces: 3
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: Yes
Exterior Features
Exterior Features
  • Outdoor Living Structures: Patio(s)
  • Access To Pool Y/N: No
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling: Yes
  • Cooling Type: Wall Unit
  • Heating Type: Gas, Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: CORE Association of REALTORS
  • List Agent URL: welcometoprinceton.com

Property History for 403 Mt Lucas Road

DateEvent & SourcePriceAppreciation
Apr 17, 2018

Closed

BRIGHT #1001252711

$615,000
Apr 3, 2018

Closed (Public Record)

Public Record #620844796

$615,000

+3.1% / yr

Feb 27, 2018

Pending

BRIGHT #1001252711

DateEvent & SourcePrice
04/17/2018

Closed

BRIGHT #1001252711

$615,000
04/03/2018

Closed (Public Record)

Public Record #620844796

$615,000

+3.1% / yr

02/27/2018

Pending

BRIGHT #1001252711

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

Public Records for 403 Mt Lucas Road

Taxable ValueLand$397,000Additions$163,200Total$560,200
Tax Record2025$15,310 ($1,276 / month)
Home Facts
Beds0Total Finished SqFt1,927 SqFtAbove Grade Finished SqFt1,927 SqFtStories1Lot Size53,143 SqFtStyleSingle Family ResidenceYear Built1949Year Renovated1949ZoningR2CountyMERCERAPN14-04301-0000-00009

Schools near 403 Mt Lucas Road

This home is within Princeton Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Littlebrook School
PublicPK to 5

Princeton Middle School
Public6 to 8

Princeton High School
Public9 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.

Neighborhood Map and Transit

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 403 Mt Lucas Road, Princeton, NJ 08540
$615,000
3
53,143
$699,000
4
1,800
27,443
$532,500
5
42,689
$1,360,000
5
5,000
135,907
2,393
52,272
2,552
49,223

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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.