240 Library Place

Princeton, NJ 08540

$3,975,000
Price
7
Beds
7
Baths
1
1/2 Bath
7,230 Sq. Ft.
$550 / Sq. Ft.
7,230
Sq. Ft.
$550
per Sq. Ft.

Description

Welcome to 240 Library Place, an extraordinary home in the heart of Princeton. Built in 1840, this gem offers a prime location near the vibrant heart of town. Recently refrehsed for spring, this masterpiece allows you to embrace Princeton's rich legacy as either a primary residence or a Princeton getaway near the renowned Princeton University . This home's historical significance goes beyond its architectural beauty. Owned by Princeton graduates throughout the years and once serving as a house for...Welcome to 240 Library Place, an extraordinary home in the heart of Princeton. Built in 1840, this gem offers a prime location near the vibrant heart of town. Recently refrehsed for spring, this masterpiece allows you to embrace Princeton's rich legacy as either a primary residence or a Princeton getaway near the renowned Princeton University . This home's historical significance goes beyond its architectural beauty. Owned by Princeton graduates throughout the years and once serving as a house for professors, it holds a place in Princeton's rich heritage. Scholars and intellectuals have traversed its halls, adding to its allure. Inside, discover exceptional features and amenities that set this home apart. The Center Hall Colonial with its expansive ceilings exudes grandeur. Original wood floors from the 1800s lend timeless elegance. Custom millwork and six fireplaces showcase exquisite craftsmanship. Modern upgrades include heated floors and roof, multi-zone heating and cooling, a pool, spa, and wine room. Lalique crystal accents and cedar-lined closets add opulence. The library, with hand-carved cherry wood, pays homage to Princeton's academic excellence. The sunroom boasts Italian marble and a Grover Cleveland mantle, offering a serene space to unwind. The living room, or Billiard Room, is great for entertaining. The dining room sets the stage for unforgettable meals and the kitchen boasts beautiful granite countertops and features a Butler's Pantry for culinary enthusiasts. The primary bedroom offers a dressing area, enclosed glass terrace sitting area, and a walk-in closet. Six other ample-sized bedrooms provide versatility, including in-home office suites. The basement features multi-purpose areas for recreation, a laundry area, storage, and a fun DIY bar. Outside, the exquisite English gardens were designed with entertainment in mind. Host grand soirees with space for outdoor tents. The heated pool and spa invite relaxation. The two-story pool house is an architectural marvel, with a Lalique fish tank, limestone floors, fireplace, and a fully equipped kitchen. The second floor of the pool house has a large space for a gym, home office or media room. Hand-hewn maple paneling and a birds-eye maple ceiling add refinement. Immerse yourself in Princeton's rich history and cultural scene. Enjoy the community's charm and nearby amenities. 240 Library Place seamlessly blends past and present, making it truly exceptional. Don't miss this chance to own a piece of Princeton's history while creating a lifetime of memories in this timeless masterpiece.
  1. Listed by Yakenya Moise • Corcoran Sawyer Smith
    P: 6094360305 ymoise@corcoranss.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
4
Waterfront
No

Location

Listing Courtesy of Corcoran Sawyer Smith
Add your commute
LISTING UPDATED: 04/17/2024 01:40 PM

Property Details for 240 Library Place

StatusActive
MLS #NJME2040542
Days on Market84
Taxes$79,796 / 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

Location

Listing Courtesy of Corcoran Sawyer Smith
Add your commute

Virtual Tour

Building Information for 240 Library Place

Stories4Year Built1840Building Size-Lot Size1.05 AC / 45,738 SF

Payment Calculator

$28,343 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,693

Property Taxes

$6,650

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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: 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
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $3,174,100
  • Year Assessed: 2023
  • Improvement Assessed Value: $2,323,600
  • Land Assessed Value: $850,500
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R1
  • Tax Lot: 00022
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Rooms
Main
  • # Bathrooms Count Main Level: 1
  • # 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
  • # Bathrooms Half All Upper Levels: 0
Upper Level 1
  • # Bedrooms Count Upper Level: 5
  • # Bathrooms Count Upper Level: 3
  • # Bathrooms Full Upper Level: 3
  • # Bathrooms Half Upper Level: 0
Upper Level 2
  • # Bedrooms Count Upper Level: 2
  • # Bathrooms Count Upper Level: 2
  • # Bathrooms Full Upper Level: 2
All Lower Levels
  • # Bedrooms All Lower Levels: 0
  • # Bathrooms All Lower Levels: 2
  • # Bathrooms Full All Lower Levels: 2
  • # Bathrooms Half All Lower Levels: 0
Lower Level 1
  • # Bedrooms Lower Level: 0
  • # Bathrooms Lower Level: 2
  • # Bathrooms Full Lower Level: 2
  • # Bathrooms Half Lower Level: 0
Rooms
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Basement, Library, Breakfast Room, Bedroom 1, Sun/Florida Room, Laundry, Other, Office, Recreation Room, Storage Room, Bedroom 6, Bonus Room, Primary Bathroom, Full Bath, Half Bath
  • Stories: Lower 1, Lower 2, Main, Upper 1, Upper 2, Upper 3
Rooms Information
Room 1
  • Room Type: Primary Bedroom
  • Room Length: 17.0
  • Room Width: 13.0
  • Room Level: Upper 1
  • Room Exists: Yes
  • Room Dimensions: 17 X 13
  • Room Features: Fireplace - Other, Walk-In Closet(s), Attached Bathroom
Room 2
  • Room Type: Bedroom 2
  • Room Length: 18.0
  • Room Width: 12.0
  • Room Level: Upper 1
  • Room Exists: Yes
  • Room Dimensions: 17 X 12
  • Room Features: Flooring - HardWood
Room 3
  • Room Type: Kitchen
  • Room Length: 20.0
  • Room Width: 12.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Dimensions: 21 X 23
  • Room Features: Kitchen - Gas Cooking, Island, Double Sink, Built-Ins, Countertop(s) - Granite, Kitchen - Eat-in
Room 4
  • Room Type: Living Room
  • Room Length: 35.0
  • Room Width: 18.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Dimensions: 35 X 17
  • Room Features: Fireplace - Other, Crown Molding, Flooring - HardWood
Room 5
  • Room Type: Bedroom 3
  • Room Length: 13.0
  • Room Width: 8.0
  • Room Level: Upper 1
  • Room Exists: Yes
  • Room Dimensions: 20 X 23
Room 6
  • Room Type: Dining Room
  • Room Length: 21.0
  • Room Width: 14.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Dimensions: 21 X 13
  • Room Features: Crown Molding, Flooring - HardWood
Room 7
  • Room Type: Library
  • Room Length: 18.0
  • Room Width: 23.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Flooring - HardWood, Window Treatments, Fireplace - Wood Burning, Built-Ins, Cathedral/Vaulted Ceiling
Room 8
  • Room Type: Sun/Florida Room
  • Room Length: 26.0
  • Room Width: 13.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Fireplace - Wood Burning, Flooring - Tile/Brick
Room 9
  • Room Type: Breakfast Room
  • Room Length: 20.0
  • Room Width: 10.0
  • Room Level: Main
  • Room Exists: Yes
Room 10
  • Room Type: Other
  • Room Length: 12.0
  • Room Width: 6.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Flooring - Tile/Brick, Wet Bar
Room 11
  • Room Type: Primary Bathroom
  • Room Length: 10.0
  • Room Width: 10.0
  • Room Level: Upper 1
  • Room Exists: Yes
  • Room Features: Soaking Tub, Double Sink, Flooring - Tile/Brick
Room 12
  • Room Type: Office
  • Room Length: 12.0
  • Room Width: 13.0
  • Room Level: Upper 1
  • Room Exists: Yes
  • Room Features: Built-Ins
Room 13
  • Room Type: Full Bath
  • Room Length: 9.0
  • Room Width: 6.0
  • Room Level: Upper 1
  • Room Exists: Yes
  • Room Features: Jack and Jill Bathroom
Room 14
  • Room Type: Bedroom 4
  • Room Length: 13.0
  • Room Width: 12.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 15
  • Room Type: Full Bath
  • Room Length: 8.0
  • Room Width: 8.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 16
  • Room Type: Sitting Room
  • Room Length: 17.0
  • Room Width: 8.0
  • Room Level: Upper 1
  • Room Exists: Yes
  • Room Features: Skylight(s), Balcony Access
Room 17
  • Room Type: Bonus Room
  • Room Length: 42.0
  • Room Width: 18.0
  • Room Level: Upper 3
  • Room Exists: Yes
  • Room Features: Skylight(s), Built-Ins
Room 18
  • Room Type: Recreation Room
  • Room Length: 24.0
  • Room Width: 18.0
  • Room Level: Lower 1
  • Room Exists: Yes
  • Room Features: Built-Ins, Countertop(s) - Granite, Skylight(s), Fireplace - Other
Room 19
  • Room Type: Full Bath
  • Room Length: 7.0
  • Room Width: 9.0
  • Room Level: Lower 1
  • Room Exists: Yes
Room 20
  • Room Type: Full Bath
  • Room Length: 8.0
  • Room Width: 9.0
  • Room Level: Lower 1
  • Room Exists: Yes
Room 21
  • Room Type: Basement
  • Room Length: 46.0
  • Room Width: 35.0
  • Room Level: Lower 1
  • Room Exists: Yes
  • Room Features: Cedar Lined Closet, Built-Ins
Room 22
  • Room Type: Laundry
  • Room Length: 20.0
  • Room Width: 22.0
  • Room Level: Lower 2
  • Room Exists: Yes
Room 23
  • Room Type: Storage Room
  • Room Length: 20.0
  • Room Width: 12.0
  • Room Level: Lower 2
  • Room Exists: Yes
Room 24
  • Room Type: Full Bath
  • Room Length: 6.0
  • Room Width: 8.0
  • Room Level: Upper 2
  • Room Exists: Yes
Room 25
  • Room Type: Full Bath
  • Room Length: 9.0
  • Room Width: 5.0
  • Room Level: Upper 2
  • Room Exists: Yes
Room 26
  • Room Type: Bedroom 1
  • Room Length: 18.0
  • Room Width: 17.0
  • Room Level: Upper 1
  • Room Exists: Yes
  • Room Features: Crown Molding, Built-Ins, Flooring - HardWood, Fireplace - Other
Room 27
  • Room Type: Bedroom 5
  • Room Length: 23.0
  • Room Width: 20.0
  • Room Level: Upper 2
  • Room Exists: Yes
  • Room Features: Attached Bathroom, Cedar Lined Closet, Flooring - HardWood
Room 28
  • Room Type: Bedroom 6
  • Room Length: 14.0
  • Room Width: 21.0
  • Room Level: Upper 2
  • Room Exists: Yes
  • Room Features: Attached Bathroom, Flooring - HardWood
Room 29
  • Room Type: Half Bath
  • Room Length: 4.0
  • Room Width: 8.0
  • Room Level: Main
  • Room Exists: Yes
Building Info
Building Info
  • Total Finished SQFT: 7,230.00
  • Total Finished SQFT Source: Assessor
  • Tax Total Finished SQFT: 7,230.00
  • Total SQFT: 8,519.00
  • Total SQFT Source: Estimated
  • Construction Materials: Stucco
  • Roof: Metal, Slate
  • Wall and Ceiling Types: 9'+ Ceilings, Vaulted Ceilings, Wood Ceilings
  • Flooring Type: Wood, Heated, Hardwood, Carpet, Ceramic Tile, Tile/Brick
  • Basement Type: Unfinished
  • Foundation Details: Stone
  • Room and Floor: 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, Bathrooms Full-Lower Level 1-1, Bathrooms Full-Lower Level 1-2, 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: Other
  • Location Type: Suburban
  • Parcel ID: 2138452
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway, Attached Garage
  • Num of Attached Garage Spaces: 4
  • Driveway - # of Spaces: 8
  • Total Garage Spaces: 4
  • Parking Features: Gravel Driveway
  • Garage Features: Inside Access
Interior Features
Interior Features
  • Interior Features: Primary Bath(s), Butlers Pantry, Skylight(s), Sauna, Air Filter System, Wet/Dry Bar, Stall Shower, Dining Area, Breakfast Area, Cedar Closet(s), Crown Moldings, Curved Staircase, Formal/Separate Dining Room, Pantry, Recessed Lighting, Soaking Tub, Tub Shower, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wine Storage, Wood Floors
  • Fireplace: Yes
  • Fireplaces Count: 3
  • 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
  • Laundry Type: Basement
  • Virtual Tour URL Unbranded: https://www.youtube.com/embed/cuq7SGTAuH8
Exterior Features
Exterior Features
  • Spa: Yes
  • Exterior Features: Hot Tub, Lawn Sprinkler
  • Outdoor Living Structures: Patio(s), Balcony
  • Pool: Yes - Personal
  • Horse: No
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

Property History for 240 Library Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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$2,323,600Total$3,174,100
Tax Record2022$77,194 ($6,433 / 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
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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

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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240 Library Place is a single family home for sale in Princeton, NJ 08540. This property was listed for sale on March 22, 2024 by Corcoran Sawyer Smith, it's currently listed at $3,975,000. It has been on the market for a total of 84 days and was last sold on February 9, 2005. 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, 7.5-bath, 7,230 sqft 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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Sawyer Smith

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.