$5,400 per month

40 Southern Way Princeton, NJ 08540

4 Beds
2 Baths
2,037 Sq Ft
6,534 Sq Ft Lot

Highlights

  • Colonial Architecture
  • Vaulted Ceiling
  • 1 Fireplace
  • Riverside Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

Just minutes from downtown and the university, and only two blocks from Riverside Elementary, this thoughtfully expanded home is entirely move-in ready. The main level welcomes with hardwood flooring, soft neutral tones, and generous natural light that creates a breezy, open ambiance. A woodstove insert by St. John’s Chimney anchors the living room, offering cozy warmth and a natural gathering spot during cooler seasons. French doors open to a spacious first-floor suite with a vaulted ceiling, a shared Jack and Jill bath, a walk-in closet, and sliding glass doors that lead to a raised deck within the fenced backyard. The kitchen and dining area form an L-shaped layout ideal for hosting, with ceiling-height wood cabinetry, soft-close hardware, and a full set of stainless-steel appliances. Upstairs, three bedrooms with hardwood floors share a hall bath. Storage is plentiful thanks to the basement and an attic with pull-down stairs. Depending on needs, the first-floor suite could easily be reimagined as a bright family room with backyard access and a bay window that floods the space with light. For those seeking a vibrant in-town lifestyle, the location is unbeatable! Close to Princeton’s shops, restaurants, and cultural attractions, commuters will certainly appreciate the quick access to Route 1 and 295, and train service to NYC from both Princeton and Princeton Junction.

Listing Agent

Eileen Fan

(609) 937-2632 yalian.fan@gmail.com Callaway Henderson Sotheby's Int'l-Princeton License #1430493 Listed on: 08/26/2025

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,151

Year Built

  • Built in 1947 | Remodeled in 2015

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot
  • Back Yard
  • Property is zoned R5

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,037 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • 1 Fireplace
  • Bay Window
  • French Doors
  • Sliding Doors
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Exterior Lighting
  • Shed
  • Porch

Schools

  • Riverside Elementary School
  • Princeton Middle School
  • Princeton High School

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $8,850
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 8/26/25
  • Assessor Parcel Number 14-08703-00016

Community Details

Overview

  • No Home Owners Association
  • Riverside Subdivision

Pet Policy

  • No Pets Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,151

Year Built

Built in 1947 | Remodeled in 2015

Lot Details

0

Rental Info

  • Date Available: 2025-08-26
  • Pets Allowed: No
  • Security Deposit: 8850.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Lease Link U R L: https://apply.link/jg_PuF8
  • 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: 1947
  • Year Renovated: 2015
  • Remarks Public: Just minutes from downtown and the university, and only two blocks from Riverside Elementary, this thoughtfully expanded home is entirely move-in ready. The main level welcomes with hardwood flooring, soft neutral tones, and generous natural light that creates a breezy, open ambiance. A woodstove insert by St. John’s Chimney anchors the living room, offering cozy warmth and a natural gathering spot during cooler seasons. French doors open to a spacious first-floor suite with a vaulted ceiling, a shared Jack and Jill bath, a walk-in closet, and sliding glass doors that lead to a raised deck within the fenced backyard. The kitchen and dining area form an L-shaped layout ideal for hosting, with ceiling-height wood cabinetry, soft-close hardware, and a full set of stainless-steel appliances. Upstairs, three bedrooms with hardwood floors share a hall bath. Storage is plentiful thanks to the basement and an attic with pull-down stairs. Depending on needs, the first-floor suite could easily be reimagined as a bright family room with backyard access and a bay window that floods the space with light. For those seeking a vibrant in-town lifestyle, the location is unbeatable! Close to Princeton’s shops, restaurants, and cultural attractions, commuters will certainly appreciate the quick access to Route 1 and 295, and train service to NYC from both Princeton and Princeton Junction.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal
  • Flooring Type: Wood, Vinyl, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In, Walk-In Closet(s), Wood Floors
  • Window Features: Bay/Bow
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Sliding Glass
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 2037
  • Living Area Sq Ft: 2037
  • Price Per Sq Ft: 2.65
  • Above Grade Finished Sq Ft: 2037
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Street Lights, Exterior Lighting
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

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

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE
  • Middle School: PRINCETON
  • High School: PRINCETON
  • 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
  • High School: PRINCETON
  • Middle Or Junior School: PRINCETON

Lot Info

  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.15
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: R5

Tax Info

  • Assessor Parcel Number: 14-08703-00016
  • Tax Total Finished Sq Ft: 2037

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Map

Source: Bright MLS

MLS Number: NJME2064606

Bright MLS

APN: 14-08703-0000-00016