Princeton, NJ Multifamily Home for Sale

Princeton, NJ, a small college town, has experienced a significant population increase from 13,400 in 2009 to 30,300 in 2023, driven by its blend of educational opportunities and small-town charm with big city perks. The town is home to Princeton University, known for its stunning architecture and top-tier programs in computer science, economics, and international affairs. Princeton Public Schools are highly rated, attracting families seeking quality education. The town's housing market features a mix of historic Tudor and Victorian homes alongside modern constructions, with a median home price significantly higher than the national average. The accessory dwelling unit ordinance adopted in 2020 aims to increase housing supply. Outdoor enthusiasts can enjoy the Delaware and Raritan Canal State Park Trail and the Charles H. Rogers Wildlife Refuge, while Community Park South offers extensive athletic facilities. Palmer Square, a walkable retail area, features both big brand names and local boutiques, with popular eateries like The Bent Spoon and Agricola. Princeton also boasts rich cultural attractions, including Morven Museum & Garden, McCarter Theatre Center, and the Princeton Festival. Commuters benefit from the Princeton Junction rail station and proximity to major highways, with New York City and Philadelphia reachable within an hour. The town maintains a stable crime rate, with violent crime trending downward from 2020 to 2022.