
166 Library Place Princeton, NJ 08540
Estimated Value: $4,105,000 - $4,728,986
Highlights
- Home Theater
- Heated In Ground Pool
- 0.97 Acre Lot
- Community Park Elementary School Rated A+
- Eat-In Gourmet Kitchen
- Traditional Floor Plan
About This Home
As of December 2022The most prized corner in the Western Section was an obvious choice for the site of a brand
new dream home, and in-demand Knight Architects was the go-to firm for a refined design
befitting the location. Gas lanterns flicker at the manicured entry to the French Provincial
completed in 2014. Since then, the gardens and trees around the pool and walled lawn, land
once owned by the McGraw-Hill Family, have matured to provide total privacy. A patio with
built-in grill and fireplace invites al fresco entertaining nearly year-round. Beginning with
leaded-glass framing the front door and continuing with antique lighting and salvaged marble
mantels, great care was taken to incorporate hand-crafted elements and add patina to flawless
spaces - the key to making a new house feel layered and dynamic. Quarter-sawn random-width
oak floors are another worthwhile splurge that call to mind the craftsmanship of an earlier era.
Double mudrooms, a main level bedroom suite and a full-service elevator are just a few telltale
modern attributes that make life easier. Another is the open kitchen design featuring a rare
chestnut island and 48” double Wolf range. In the antique-mirrored butler’s pantry, a full-size
wine fridge makes choosing a vintage a quick task. Nearby French doors and clerestory
windows high over the family room pass extra light between the adjoining spaces. Two
staircases lead to 3 suites, each with beautifully finished walk-in closets, built-ins and
marble-accented baths. The boudoir-inspired main suite is the peak of luxury thanks to extras,
like a fireplace, slipper tub and dressing room island. With 9-ft ceilings and space galore, the top
floor suite is an apartment-sized refuge. No modern-day luxury home is complete without an
optimized lower level with zones for fitness and casual entertaining, including an authentic
pub-style bar imported from the British Isles. An admirable addition to Princeton’s most iconic
neighborhood!
Last Listed By
Callaway Henderson Sotheby's Int'l-Princeton License #8636710 Listed on: 09/24/2022

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $58,536
Year Built
- Built in 2014
Lot Details
- 0.97 Acre Lot
- Masonry wall
- Partially Fenced Property
- Privacy Fence
- Aluminum or Metal Fence
- Landscaped
- Extensive Hardscape
- Corner Lot
- Level Lot
- Sprinkler System
- Back, Front, and Side Yard
- Property is zoned R1
Parking
- 4 Car Detached Garage
- Garage Door Opener
- Driveway
- Fenced Parking
Home Design
- Traditional Architecture
- French Architecture
- Architectural Shingle Roof
- Asphalt Roof
- Metal Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- Property has 3 Levels
- Elevator
- Traditional Floor Plan
- Wet Bar
- Central Vacuum
- Built-In Features
- Bar
- Crown Molding
- Wainscoting
- Recessed Lighting
- 3 Fireplaces
- Marble Fireplace
- Fireplace Mantel
- Gas Fireplace
- Window Treatments
- Mud Room
- Entrance Foyer
- Family Room Off Kitchen
- Living Room
- Formal Dining Room
- Home Theater
- Game Room
- Hobby Room
- Storage Room
- Utility Room
- Home Gym
- Garden Views
- Attic
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Area or Nook
- Butlers Pantry
- Gas Oven or Range
- Six Burner Stove
- Built-In Range
- Range Hood
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Wine Rack
Flooring
- Wood
- Partially Carpeted
- Tile or Brick
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Interior and Exterior Basement Entry
Home Security
- Monitored
- Security Gate
- Intercom
- Exterior Cameras
- Motion Detectors
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Flood Lights
Pool
- Heated In Ground Pool
- Gunite Pool
- Fence Around Pool
Outdoor Features
- Patio
- Water Fountains
- Terrace
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Schools
- Community Park Elementary School
- Princeton Middle School
- Princeton High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Western Subdivision
Listing and Financial Details
- Assessor Parcel Number 14-00010 02-00005 01
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in Princeton, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Hong Zhijian | $4,700,000 | Title Authority | |
Culhane Michael G | $995,000 | First American Title | |
166 Library Place Llc | -- | None Available | |
166 Library Place Llc | -- | None Available |
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Culhane Michael G | $2,000,000 | |
Previous Owner | Culhane Sally A | $900,000 | |
Previous Owner | Culhane Michael G | $1,900,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/01/2022 12/01/22 | Sold | $4,700,000 | +4.4% | -- |
09/24/2022 09/24/22 | For Sale | $4,500,000 | +352.3% | -- |
10/12/2012 10/12/12 | Sold | $995,000 | -23.2% | -- |
05/17/2012 05/17/12 | Pending | -- | -- | -- |
04/01/2011 04/01/11 | For Sale | $1,295,000 | -- | -- |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $60,472 | $2,405,400 | $850,300 | $1,555,100 |
2023 | $60,472 | $2,405,400 | $850,300 | $1,555,100 |
2022 | $58,368 | $2,400,000 | $850,300 | $1,549,700 |
2021 | $61,890 | $2,537,500 | $850,300 | $1,687,200 |
2020 | $61,408 | $2,537,500 | $850,300 | $1,687,200 |
2019 | $60,190 | $2,537,500 | $850,300 | $1,687,200 |
2018 | $61,553 | $2,639,500 | $863,000 | $1,776,500 |
2017 | $60,709 | $2,639,500 | $863,000 | $1,776,500 |
2016 | $59,758 | $2,639,500 | $863,000 | $1,776,500 |
2015 | $58,386 | $2,639,500 | $863,000 | $1,776,500 |
2014 | $57,673 | $1,613,000 | $863,000 | $750,000 |
Agents Affiliated with this Home
-
Seller's Agent in 2022
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
(609) 947-5757
47 in this area
130 Total Sales
-
Buyer's Agent in 2022
Xiaoyi Wu
Queenston Realty, LLC
(609) 375-5677
17 in this area
208 Total Sales
-
Seller's Agent in 2012
Martha Giancola
Callaway Henderson Sotheby's Int'l-Princeton
(609) 658-1969
8 in this area
28 Total Sales
-
Buyer's Agent in 2012
Barbara Facompre
BHHS Fox & Roach
(609) 731-1189
11 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2022810

APN: 14-00010-02-00005-01
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