new - 6 hours on rocket

487 Prospect Ave, Princeton, NJ, 08540

$3,877,000

5 Bedrooms
6 Full Baths, 1 Partial
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Storage Area, Attached Garage, Driveway
Garage2 spaces
Year Built2022
HeatingForced Air, Zoned
CoolingCentral Air, Zoned
BasementYes
MLS #NJME2050668
Lot Size0.53 Acres
StatusActive
(ACTIVE)

About 487 Prospect Ave

Eager to upgrade your lifestyle? This high-end Riverside home offers the like-new living experience you long for without delay. Completed in 2022 in the modern farmhouse style, it comes with just about every add-on you can imagine, as well as some you never even dreamt of. The backyard’s saltwater pool has submerged lounge seating, perfectly positioned for watching the action on the adjoining beach volleyball court or chatting with friends soaking in the spa. The outdoor kitchen makes it easy to serve meals hot off the grill, while inside, a sprawling island topped with thick quartz maximizes prep space and invites everyone to pull up a seat to help. Appliances are all top-of-the-line, including a wine fridge tucked into a bar handy to the dining room and the wide open family room. Simple, yet precisely planned, details make a big impact throughout, like the illuminated open shelving flanking the linear marble-sheathed fireplace. Reeded wood walls are not only a stunning design element, they camouflage doors to a hidden first floor bedroom and full bath. In addition to the stunning media room, plenty of casual hangout space exists in the finished basement, along with the requisite gym and full bathroom. An office lined with built-ins is located on the airy and bright upper level for extra quietude during the workday. Four more bedroom suites offer everyone a private bath and ample customized closet space. The main bath boasts an oval soaking tub and oversized tile for a modern spa appearance. Move right in and let your luxury modern lifestyle begin!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Contemporary
  • Year Built: 2022
  • Stories: 2

Listing Office:

  • Office Name: Callaway Henderson Sotheby's Int'l-Princeton
  • Office Phone: (609) 921-1050
  • Listing Agent: Judson R. Henderson

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Additional Storage Area, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.53 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Princeton Kingston Road to Riverside to Prospect

Municipality:

  • Princeton

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,877,000

Tax Information:

  • Annual Amount: $19,524
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Princeton, NJ.

Med. Sold Price

$851.1K

Med. Price/SqFt

$379

Avg. Days On Market

34

# of Sold Homes

27

487 Prospect Ave vs Princeton

1 DAY ON ROCKET

-33 Days

$3,877,000

+$3.0M More

KEY TAKEAWAY

This property is $3.0M more than the Median Sold Price in Princeton, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJME2050668

Listing Office:

  • Office Name: Callaway Henderson Sotheby's Int'l-Princeton
  • Office Phone: (609) 921-1050
  • Listing Agent: Judson R. Henderson

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 03, 2021Home Sold
$957,000

Tax History

YEARPROP. TAXASSESSMENT
2020$19,524$823,100
2019$19,194$823,100
2018$19,195$823,100
2017$18,931$823,100

History based on county public records data.

Payment Calculator

$19.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.6K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-877897
10
/10
  • Riverside School

  • 58 Riverside Dr

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-877898
8
/10
  • Littlebrook School

  • 39 Magnolia Ln

  • 0.56 miles

  • Public District Grades PK-5

school-card-donut-877899
8
/10
  • Community Park School

  • 372 Witherspoon St

  • 1.72 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $220,766. The most common annual income of people living in Princeton, NJ is $200k+. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Princeton, NJ

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Princeton, NJ.

Princeton's housing market is characterized by a blend of historic charm and modern luxury, with a significant presence of colonial and Victorian-style homes. The area also offers contemporary condominiums and townhouses, providing options for a range of preferences and lifestyles. Single-family homes are prevalent, reflecting the town's suburban appeal.

What is it like to live in Princeton, NJ?

Princeton is celebrated for its rich academic and cultural heritage, largely influenced by the prestigious Princeton University. The community prides itself on a vibrant arts scene, with numerous galleries, theaters, and public lectures. Annual events like the Princeton Festival showcase the town's commitment to cultural enrichment and community engagement.

Is it easy to get around Princeton, NJ without a car?

The town is served by a robust educational system, including several public and private schools that cater to various educational needs, from elementary to high school levels. Princeton is home to top-rated healthcare facilities, with a focus on research and specialized care. The public library system is extensive, supporting lifelong learning. Retail and dining establishments reflect the town's cosmopolitan yet quaint character.

Transportation in Princeton, NJ.

Princeton's transportation infrastructure supports both private and public transit options, with a network of local and regional buses facilitating connectivity. The town is bike-friendly, with dedicated lanes and trails. Major roads and highways are easily accessible, making commuting to nearby cities convenient. Public transportation schedules are designed to accommodate the needs of residents and students alike.

Frequently Asked Questions About 487 Prospect Ave

What is the listing price of this property?

The listing price of 487 Prospect Ave property is $3,877,000.

What type of property is this?

The property 487 Prospect Ave is a house located in Princeton, New Jersey, 08540.

Is this property for sale now?

Active Listing: 487 Prospect Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $19,524 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 3, 2021 for $957,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 487 Prospect Ave has 5 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The sq. ft. of 487 Prospect Ave is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 487 Prospect Ave is 2022.
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Rocket Homes›New Jersey›Mercer County›Princeton›08540›487 Prospect Ave

This home is located at 487 Prospect Ave in Princeton, NJ and zip code 08540. This home, which was built in 2022, sits on a 0.53 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $3,877,000.

Princeton, NJ housing market in September 2024 saw over 14 listings sold above listed price, more than 6 sold at listed price and over 7 sold below. The number of listings in Princeton, NJ decreased by 12% between August 2024 and September 2024. While the average time on the market in September 2024 was 34 days, the median list price was $851,199.

From Rocket Homes Real Estate and based on county public records data.

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