98 Nassau St Unit 3 Princeton, NJ 08542
Estimated payment $9,559/month
Highlights
- Popular Property
 - Tudor Architecture
 - Den
 - Community Park Elementary School Rated A+
 - 1 Fireplace
 - Bay Window
 
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, 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! (Please Note: The tax assessor's office has revised the square footage to be 1,280. Buyer should confirm for themselves.)
Listing Agent
(609) 651-2226 jhenderson@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9231366 Listed on: 10/31/2025
                        Property Details
Home Type
- Condominium
 
Est. Annual Taxes
- $20,494
 
Year Built
- Built in 1930
 
Parking
- Off-Site Parking
 
Home Design
- Tudor Architecture
 - Entry on the 3rd floor
 
Interior Spaces
- 1,280 Sq Ft Home
 - Property has 1 Level
 - Built-In Features
 - Crown Molding
 - Wainscoting
 - Recessed Lighting
 - 1 Fireplace
 - Bay Window
 - Living Room
 - Dining Room
 - Den
 - Unfinished Basement
 
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
 - En-Suite Primary Bedroom
 - Walk-In Closet
 - 1 Full Bathroom
 - Walk-in Shower
 
Laundry
- Laundry in unit
 - Washer and Dryer Hookup
 
Schools
- Community Park Elementary School
 - J Witherspoon Middle School
 - Princeton High School
 
Utilities
- Ductless Heating Or Cooling System
 - Forced Air Heating System
 - Radiator
 - Heat Pump System
 - Natural Gas Water Heater
 
Listing and Financial Details
- Tax Lot 00039 03
 - Assessor Parcel Number 14-00027 01-00039 03-C03
 
Community Details
Overview
- Property has a Home Owners Association
 - Low-Rise Condominium
 
Pet Policy
- Pets allowed on a case-by-case basis
 
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | 
|---|---|---|---|---|
| 10/31/2025 10/31/25 | For Sale | $1,500,000 | -- | $1,172 / Sq Ft | 
Source: Bright MLS
MLS Number: NJME2069170
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