$1,032,000 - $1,193,000
RENTED JUL 25, 2025

37 Southern Way Princeton, NJ 08540

3 Beds
2.5 Baths
1,982 Sq Ft
$555 Price per Sq Ft

Highlights

  • Colonial Architecture
  • 1 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • Riverside Elementary School Rated A

About This Home

As of July 2025

Beautiful home for rent in the desirable Riverside section of Princeton! Tucked away on a quiet, one-way street, this home offers an open floor plan, with large windows facing an amazing fenced in backyard with mature landscaping. As you enter the home you find a large living room, a smaller TV room that could be used as an office, an updated kitchen, a half bath, and a comfortable patio overlooking the garden. A one-car garage is located off the kitchen. Upstairs are three bedrooms and two full baths. The main bedroom has access to a rooftop deck. You will find gleaming hardwood floors throughout the house. This special home is located within walking distance of town, Princeton University campus, and the Riverside elementary school. There is an option to lease the house partially furnished.

Last Agent to Rent the Property

Ingela Kostenbader

(609) 902-5302 ingela@princetonhome.com Queenston Realty, LLC License #344850 Listed on: 06/18/2025

Last Renter's Agent

Carina Krall

(908) 304-8118 carinakrall@yahoo.com Queenston Realty, LLC License #787669

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,230

Year Built

  • Built in 1948

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned R5

Parking

  • 1 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,982 Sq Ft Home
  • Property has 2 Levels
  • Non-Functioning Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Riverside Elementary School
  • John Witherspoon Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Riverside Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $9,750
  • Tenant pays for all utilities, snow removal, internet, cable TV
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 7/15/25
  • Assessor Parcel Number 14-08702-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,230

Year Built

Built in 1948

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2025-07-15
  • Pets Allowed: No
  • Security Deposit: 9750.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All, Snow Removal, Internet, Cable Tv
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful home for rent in the desirable Riverside section of Princeton! Tucked away on a quiet, one-way street, this home offers an open floor plan, with large windows facing an amazing fenced in backyard with mature landscaping. As you enter the home you find a large living room, a smaller TV room that could be used as an office, an updated kitchen, a half bath, and a comfortable patio overlooking the garden. A one-car garage is located off the kitchen. Upstairs are three bedrooms and two full baths. The main bedroom has access to a rooftop deck. You will find gleaming hardwood floors throughout the house. This special home is located within walking distance of town, Princeton University campus, and the Riverside elementary school. There is an option to lease the house partially furnished.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Non-Functioning
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1982
  • Living Area Sq Ft: 1982
  • Price Per Sq Ft: 3.28
  • Above Grade Finished Sq Ft: 1982
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE E.S.
  • Middle School: JOHN WITHERSPOON M.S.
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: RIVERSIDE E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Lot Info

  • Lot Size Acres: 0.20
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Zoning: R5

Tax Info

  • Assessor Parcel Number: 14-08702-00010
  • Tax Total Finished Sq Ft: 1982
  • Close Date: 07/25/2025

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 1999
Sold by
Wilde Thomas
Bought by
Suomi Barbara
Current Estimated Value
$1,099,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
7.61%

Purchase Details

Closed on
May 1, 1998
Sold by
Frot Olivier
Bought by
Wilde Thomas and Passante Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
7.05%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Suomi Barbara $465,000 --
Wilde Thomas $397,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suomi Barbara $325,500
Previous Owner Wilde Thomas $297,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Rented $6,500 0.0% --
07/09/2025 07/09/25 Under Contract -- -- --
06/18/2025 06/18/25 For Rent $6,500 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $17,230 $647,000 $455,000 $192,000
2024 $16,266 $647,000 $455,000 $192,000
2023 $16,266 $647,000 $455,000 $192,000
2022 $15,735 $647,000 $455,000 $192,000
2021 $15,780 $647,000 $455,000 $192,000
2020 $14,278 $590,000 $430,000 $160,000
2019 $13,995 $590,000 $430,000 $160,000
2018 $13,759 $590,000 $430,000 $160,000
2017 $13,570 $590,000 $430,000 $160,000
2016 $13,358 $590,000 $430,000 $160,000
2015 $13,051 $590,000 $430,000 $160,000
2014 $12,892 $590,000 $430,000 $160,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME2060938

Bright MLS

APN: 14-08702-0000-00010