409 Basin St

Princeton, NJ 08540

$1,300,000
Price
3
Beds
2
Baths
1,808 Sq. Ft.
$719 / Sq. Ft.
1,808
Sq. Ft.
$719
per Sq. Ft.

Description

Prime Investment Opportunity in the Heart of Princeton, Two Lots Available 409 Basin Street, Princeton, NJ This property features a charming colonial-style two-family detached residence situated on a generous lot with 61 feet of street frontage and a depth of 191 feet. Each unit has its own electric utility meter, providing flexibility for investors or owner-occupants seeking rental income potential. The home spans approximately 1,808 square feet and is currently configured as two separate units:...Prime Investment Opportunity in the Heart of Princeton, Two Lots Available 409 Basin Street, Princeton, NJ This property features a charming colonial-style two-family detached residence situated on a generous lot with 61 feet of street frontage and a depth of 191 feet. Each unit has its own electric utility meter, providing flexibility for investors or owner-occupants seeking rental income potential. The home spans approximately 1,808 square feet and is currently configured as two separate units:

Unit A: 1 Bedroom, 1 Bathroom
Unit B: 2 Bedrooms, 1 Bathroom

0 Basin Street (Rear Lot) Located directly behind 409 Basin Street, this parcel (Lot 008, Block 11503) encompasses approximately 0.37 acres and is situated within the R9 Zone. Both lots are in the Princeton Historical District and a prior remediated (NJDEP) site for a CERCLA removal. This lot is potentially buildable and offers significant development potential, subject to zoning and historical review approvals. Access would require an easement through the driveway of the front lot (409 Basin Street). Location


Highlights: Minutes from Princeton University. Convenient to the Princeton Train Station, shopping, dining, and cultural attractions. This unique offering provides a rare opportunity to own or develop in one of Princeton’s most desirable locations. Whether you're looking to invest, develop, or create a custom residence, these two contiguous parcels present exceptional potential. Buyers are encouraged to conduct their own due diligence regarding development feasibility and zoning requirements.
  1. Listed by Peter J San Paolo • Home Journey Realty
    P: (609)-902-7025 petejsan@aol.com

Property Details for 409 Basin Street

Tax ID Number
14-11503-00002
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial
Waterfront
No
Garage
No
Municipality
PRINCETON
Central Air
No
LISTING UPDATED: 09/01/2025 12:58 PM

Property Details for 409 Basin Street

StatusActive
MLS #NJME2060926
Days on Market201
Taxes$9,594 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.27 AC / 11,761 SF
CountyMercer County

Location

Listing Courtesy of Home Journey Realty
Add your commute

Building Information for 409 Basin Street

Stories-Residences2Year Built1920Building Size-Lot Size0.27 AC / 11,761 SF

Payment Calculator

$7,223 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,424

Property Taxes

$800

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 409 Basin Street

Location
Location
  • School District Name: PRINCETON REGIONAL SCHOOLS
  • School District County ID: 300200396175
  • SchoolDistrictSource: 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: $360,300
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $118,300
  • City Town Tax: $0
  • Land Assessed Value: $242,000
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R9
  • Tax Lot: 00002
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 3
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
Multi Family
Unit 1
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Total Rooms: 3
Unit 2
  • Type: Unit 1
  • Beds Total: 1
  • Full Baths Count: 1
Building Info
Building Info
  • Building Level Count: 2
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 2146778
Parking
Parking
  • Type Of Parking: Driveway
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Radiant
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Mid Jersey Association of REALTORS

Property History for 409 Basin Street

DateEvent & SourcePriceAppreciation
Jun 11, 2025

Listed (Active)

BRIGHT #NJME2060926

$1,300,000—
Dec 27, 2013

Expired

BRIGHT #1007233844

$279,900—
Sep 27, 2012

Listed (Active)

BRIGHT #1007233844

$399,000—
DateEvent & SourcePrice
06/11/2025

Listed (Active)

BRIGHT #NJME2060926

$1,300,000
12/27/2013

Expired

BRIGHT #1007233844

$279,900
09/27/2012

Listed (Active)

BRIGHT #1007233844

$399,000

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

Schools near 409 Basin Street

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
Rating
School
Distance
Riverside Elementary School
PublicPK to 5

J Witherspoon 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

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 409 Basin Street, Princeton, NJ 08540

409 Basin Street is a multi-family home for sale in Princeton, NJ 08540. This property was listed for sale on June 11, 2025 by Home Journey Realty, it's currently listed at $1,300,000. This listing's school district is Princeton Public School District. Nearby schools include Riverside Elementary School, J Witherspoon Middle School and Princeton High School. 409 Basin Street is a 3-bed, 2-bath, 1,808 sqft multi-family home built in 1920.

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 Home Journey Realty

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.