409 Basin St Princeton, NJ 08540
Estimated payment $7,665/month
Highlights
- Colonial Architecture
- Riverside Elementary School Rated A
- Radiant Heating System
About This Home
Prime Investment Opportunity in the Heart of Princeton, Two Lots Available 409 Basin Street, Princeton, NJ This property features a charming colonial-style two-family detached residence situated on a generous lot with 61 feet of street frontage and a depth of 191 feet. Each unit has its own electric utility meter, providing flexibility for investors or owner-occupants seeking rental income potential. The home spans approximately 1,808 square feet and is currently configured as two separate units:
Unit A: 1 Bedroom, 1 Bathroom
Unit B: 2 Bedrooms, 1 Bathroom
0 Basin Street (Rear Lot) Located directly behind 409 Basin Street, this parcel (Lot 008, Block 11503) encompasses approximately 0.37 acres and is situated within the R9 Zone. Both lots are in the Princeton Historical District and a prior remediated (NJDEP) site for a CERCLA removal. This lot is potentially buildable and offers significant development potential, subject to zoning and historical review approvals. Access would require an easement through the driveway of the front lot (409 Basin Street). Location
Highlights: Minutes from Princeton University. Convenient to the Princeton Train Station, shopping, dining, and cultural attractions. This unique offering provides a rare opportunity to own or develop in one of Princeton’s most desirable locations. Whether you're looking to invest, develop, or create a custom residence, these two contiguous parcels present exceptional potential. Buyers are encouraged to conduct their own due diligence regarding development feasibility and zoning requirements.
Listing Agent
(609) 291-9900 petejsan@aol.com Home Journey Realty Listed on: 06/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,594
Year Built
- Built in 1920
Lot Details
- 0.27 Acre Lot
Parking
- Driveway
Home Design
- Duplex
- Colonial Architecture
- Block Foundation
- Vinyl Siding
Interior Spaces
- 1,808 Sq Ft Home
- Partial Basement
Utilities
- Radiant Heating System
- Electric Water Heater
Community Details
- 2 Units
- 2-Story Building
Listing and Financial Details
- Tax Lot 00002
- Assessor Parcel Number 14-11503-00002
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,595 | $360,300 | $242,000 | $118,300 |
| 2024 | $9,058 | $360,300 | $242,000 | $118,300 |
| 2023 | $9,058 | $360,300 | $242,000 | $118,300 |
| 2022 | $8,763 | $360,300 | $242,000 | $118,300 |
| 2021 | $8,788 | $360,300 | $242,000 | $118,300 |
| 2020 | $7,872 | $325,300 | $209,300 | $116,000 |
| 2019 | $7,716 | $325,300 | $209,300 | $116,000 |
| 2018 | $7,586 | $325,300 | $209,300 | $116,000 |
| 2017 | $7,482 | $325,300 | $209,300 | $116,000 |
| 2016 | $7,365 | $325,300 | $209,300 | $116,000 |
| 2015 | $7,196 | $325,300 | $209,300 | $116,000 |
| 2014 | $7,108 | $325,300 | $209,300 | $116,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | For Sale | $1,300,000 | -- | $719 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $150,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $134,850 | No Value Available |
Source: Bright MLS
MLS Number: NJME2060926
APN: 14-11503-0000-00002
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