NOT LISTED FOR SALE

697 Prospect Ave Princeton, NJ 08540

Princeton Area

Estimated Value: $2,182,000 - $2,599,000

3 Beds
4 Baths
3,053 Sq Ft
$777/Sq Ft Est. Value

Sale Details

Date Sold: August 11, 2025

Last sale price $2,400,000 $786 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $16,260 / mo

28 Days on Market

Highlights

  • 75 Feet of Waterfront
  • 1 Boat Dock
  • Fishing Allowed
  • Riverside Elementary School Rated A+
  • In Ground Pool
  • Eat-In Gourmet Kitchen

About This Home

As of August 2025

This stunning lakefront residence, perfectly positioned along the shores of Lake Carnegie, offers panoramic water views, a private dock, and a sparkling pool—transforming everyday life into a year-round retreat. Thoughtfully designed to embrace its extraordinary setting, the home features walls of glass and an open-concept layout that frame picturesque vistas from nearly every room. Architectural elements blend form and function, creating generous spaces ideal for entertaining while maintaining a sense of warmth and intimacy—whether you're hosting a celebration or enjoying a quiet evening by the fireplace. The main level includes a large living room, family room, chef’s kitchen with large island, lake views & access to deck, open dining area, and a secluded study that offers peaceful productivity. Upstairs, the spacious primary suite continues the theme of light and lake views, accompanied by two additional bedrooms. The walk-out lower level expands your living options with a versatile multipurpose area, a workshop, and a full bath. Experience the luxury of living in your vacation home—every day of the year.

Last Agent to Sell the Property

Judith Stier

(609) 924-1600 wendy.merkovitz@foxroach.com BHHS Fox & Roach - Princeton License #7869162 Listed on: 06/20/2025

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Theza Friedman

(609) 799-8181 theza.friedman@cbmoves.com Coldwell Banker Residential Brokerage-Princeton Jct License #RS372041

Coldwell Banker Residential Brokerage-Princeton Jct

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,903

Year Built

  • Built in 1945

Lot Details

  • 20,473 Sq Ft Lot
  • 75 Feet of Waterfront
  • Home fronts navigable water
  • West Facing Home
  • Wood Fence
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Sloped Lot
  • Sprinkler System
  • Front Yard
  • Property is in excellent condition
  • Property is zoned R5

Parking

  • 2 Car Detached Garage
  • 3 Driveway Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Lake
  • Panoramic
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Brick Front

Interior Spaces

  • 3,053 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Double Hung Windows
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Workshop
  • Attic Fan

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Range Hood
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Stacked Gas Washer and Dryer

Basement

  • Exterior Basement Entry
  • Workshop
  • Basement with some natural light

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • In Ground Pool
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Swimming Allowed
  • 1 Boat Dock
  • Private Dock
  • Deck
  • Patio

Schools

  • Princeton High School

Utilities

  • Central Heating and Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • No Smoking Allowed
  • Tax Lot 00012
  • Assessor Parcel Number 14-05901-00012

Community Details

Overview

  • No Home Owners Association
  • Riverside Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,903

Year Built

Built in 1945

Lot Details

0.47 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Habitable Residence: No
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Refrigerator/garage, sailboat, canoe, kayak
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 6/20/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1945
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Buildout Allowance: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Cooktop, Dryer - Front Loading, Dryer - Gas, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Oven - Self Cleaning, Oven - Single, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Attic, Attic/House Fan, Bathroom - Soaking Tub, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Built-Ins, Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Skylight(s), Sprinkler System, Store/Office, Walk-In Closet(s), Wood Floors, Kitchen - Gourmet
  • Window Features: Double Hung, Screens, Skylights, Sliding, Storm
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Office, Recreation Room, Workshop, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Daylight, Partial, Outside Entrance, Workshop
  • Laundry Type: Upper Floor, Lower Floor
  • Total Sq Ft: 3053
  • Living Area Sq Ft: 3053
  • Price Per Sq Ft: 786.11
  • Above Grade Finished Sq Ft: 3053
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • Access To Pool: No
  • Pool Features: In Ground
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • View: Lake, Panoramic, Scenic Vista
  • View: No
  • Water Access Features: Swimming Allowed, Fishing Allowed, Canoe/Kayak, Private Access
  • Water Access: Yes
  • Water Body Name: Carnegie Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes
  • Fencing: No
  • Water Frontage In Feet: 75

Garage/Parking

  • Garage Spaces: 2.00
  • Attached Garage: No
  • Garage: Yes
  • Open Parking: No
  • Parking Features: Paved Driveway
  • Garage Features: Additional Storage Area, Garage - Side Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: No
  • Electricity On Property: No
  • Heating Fuel: Natural Gas Available, Oil
  • Heating Type: Central, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: PRINCETON H.S.

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Crops Included: No
  • Farm Credit Service Incl: No
  • Fencing: Wood
  • Irrigation Water Rights: No
  • Land Lease: No
  • Lot Features: Front Yard, Fishing Available, Landscaping, Private, Secluded, Sloping
  • Lot Size Acres: 0.47
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20473.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: No
  • Property Condition: Excellent
  • Zoning: R5
  • Farmland Preservation: No

Green Features

  • Green Verification: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Pets Allowed: No
  • Rent Control: No
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 42903.00
  • Assessor Parcel Number: 14-05901-00012
  • Tax Lot: 00012
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Tax Opportunity Zone: No

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2025
Closed on
Aug 4, 2025
Sold by
Bought by
Seller's Agent
Judith Stier
BHHS Fox & Roach - Princeton
Buyer's Agent
Theza Friedman
Coldwell Banker Residential Brokerage-Princeton Jct
List Price
$2,400,000
Sold Price
$2,400,000
Views
45
Current Estimated Value
$2,372,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,381
Avg. Annual Appreciation
-1.21%

Purchase Details

Closed on
Feb 10, 2025
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 2005
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,400,000 Consolidated Title Group
-- None Listed On Document
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/11/2025 08/11/25 Sold $2,400,000 0.0% $786 / Sq Ft
07/18/2025 07/18/25 Pending -- -- --
06/20/2025 06/20/25 For Sale $2,400,000 -- $786 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $44,031 $1,598,000 $1,233,500 $364,500
2025 $44,031 $1,611,100 $1,233,500 $377,600
2024 $40,503 $1,611,100 $1,233,500 $377,600
2023 $40,503 $1,611,100 $1,233,500 $377,600
2022 $39,182 $1,611,100 $1,233,500 $377,600
2021 $39,295 $1,611,100 $1,233,500 $377,600
2020 $38,989 $1,611,100 $1,233,500 $377,600
2019 $38,215 $1,611,100 $1,233,500 $377,600
2018 $37,571 $1,611,100 $1,233,500 $377,600
2017 $37,055 $1,611,100 $1,233,500 $377,600
2016 $36,475 $1,611,100 $1,233,500 $377,600
2015 $33,536 $1,516,100 $1,138,500 $377,600
2014 $33,127 $1,516,100 $1,138,500 $377,600
Source: Public Records

Agents Affiliated with this Home

  • Judith Stier

    Seller's Agent in 2025

    Judith Stier

    BHHS Fox & Roach

    (609) 921-2600

    20 Total Sales

    Judith Stier
    Section Image
  • Theza Friedman

    Buyer's Agent in 2025

    Theza Friedman

    Coldwell Banker Residential Brokerage-Princeton Jct

    (646) 245-6964

    138 Total Sales

    Theza Friedman
    Section Image
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Map

Source: Bright MLS

MLS Number: NJME2061186

Bright MLS

APN: 14-05901-0000-00012

New Jersey Mercer County Princeton 08540

697 Prospect Ave, Princeton, NJ

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