NOT LISTED FOR SALE

98 Nassau St Unit 3 Princeton, NJ 08542

2 Beds
1 Bath
-- Sq Ft
-- Built

About This Home

Likely Princeton’s most photographed public building, the iconic Tudor known as Lower Pyne is without dispute the crown jewel of this vibrant downtown, meticulously maintained and often draped in seasonal blooms that stop passers-by in their tracks. Designed by Raleigh Gildersleeve and commissioned in 1896 by Moses Taylor Pyne as a university dormitory, F. Scott Fitzgerald likened Lower Pyne to “an aristocratic Elizabethan lady” in This Side of Paradise. The views from within are even more postcard-worthy than the exterior, especially from the upper level, where this one-of-a-kind condo spans the depth of the building, offering natural light from three exposures. Restored leaded casement windows, double-paned for complete quietude, perfectly frame FitzRandolph Gate and Nassau Hall - sights that make any Princeton Tiger or history buff swell with pride. The freshly spruced up entry hall opens to hardwood floors flowing through a versatile 2-bedroom layout that has evolved with the needs of its residents. Use the front room to wow guests with the spectacular view, window seat and welcoming fireplace or keep it all to yourself as a spacious primary bedroom. While multiple closets include a deep, customized walk-in, some may opt to use the central bedroom as a luxuriously sized dressing room. The bathroom is done in classic black and white with touches of marble for a timeless look. Noticeably bright and open, the eat-in kitchen is ideal for the social cook with a sleek, new Miele hood above a Viking range, which allows for a clear view of the living room’s wall of built-ins. In addition to hidden laundry, practical improvements include bespoke wood shutters and four mini-split A/C units for ultimate efficiency. A permit for paid overnight parking is included and reasonable monthly rates are available at nearby garages on Chambers and Hulfish Streets. Although, with cafes and restaurants at your doorstep and events at McCarter Theater, Richardson Auditorium and the newly unveiled Princeton University Art Museum mere moments away as well as the bus stop to NYC across the street, a car may be deemed unnecessary. The most surprising part of this history-rich building is not the secret tunnel that once ran to Nassau Hall, but rather the unheard of HOA fee which is currently $1 annually. Don’t let this once-in-a-lifetime opportunity to own a priceless slice of Princeton slip away!

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 For Sale $1,500,000 -- --

Tax History Compared to Growth

Source: Public Records

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