$1,500,000

98 Nassau St Unit 3 Princeton, NJ 08542

Estimated payment $9,559/month

Total Views 515
2 Beds
1 Bath
1,280 Sq Ft
$1,172 Price per Sq Ft

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

Judson Henderson

(609) 651-2226 jhenderson@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9231366 Listed on: 10/31/2025

Callaway Henderson Sotheby's Int'l-Princeton

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,494

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Tudor
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1930
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Interior Amenities: Bathroom - Stall Shower, Built-Ins, Crown Moldings, Dining Area, Recessed Lighting, Wainscotting, Walk-In Closet(s)
  • Window Features: Bay/Bow
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Study
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1280
  • Living Area Sq Ft: 1280
  • Price Per Sq Ft: 1171.88
  • Above Grade Finished Sq Ft: 1280
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air, Heat Pump(s), Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: COMMUNITY PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: CBCP

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 20494.00
  • Assessor Parcel Number: 14-00027 01-00039 03-C03
  • Tax Lot: 00039 03
  • County Tax Payment Frequency: Annually
  • Tax Year: 2026

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Map

Range of Values:

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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 -- $1,172 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: NJME2069170

Bright MLS