Address
240 Library Place, Princeton, NJ
Price
$ 3,975,000
Property Attributes
- MLS#NJME2040542
- TypeSingle Family
- CountyMERCER
- CityPrinceton
- AreaPrinceton
- NeighborhoodWestern
- Zip08540
- StyleColonial
- Year Built1840
- Taxes$ 79796
- Price$ 3,975,000
- Bedrooms7
- Full Bathrooms7
- Half Bathrooms1
- Sqr Footage7230
- Lot Size1.05 Acres
Data Source:
Bright MLS
Property Description
Welcome to 240 Library Place, an extraordinary home in the heart of Princeton. Built in 1840, this gem offers a prime location near the vibrant heart of town. Recently refrehsed for spring, this masterpiece allows you to embrace Princeton's rich legacy as either a primary residence or a Princeton getaway near the renowned Princeton University . This home's historical significance goes beyond its architectural beauty. Owned by Princeton graduates throughout the years and once serving as a house for professors, it holds a place in Princeton's rich heritage. Scholars and intellectuals have traversed its halls, adding to its allure. Inside, discover exceptional features and amenities that set this home apart. The Center Hall Colonial with its expansive ceilings exudes grandeur. Original wood floors from the 1800s lend timeless elegance. Custom millwork and six fireplaces showcase exquisite craftsmanship. Modern upgrades include heated floors and roof, multi-zone heating and cooling, a pool, spa, and wine room. Lalique crystal accents and cedar-lined closets add opulence. The library, with hand-carved cherry wood, pays homage to Princeton's academic excellence. The sunroom boasts Italian marble and a Grover Cleveland mantle, offering a serene space to unwind. The living room, or Billiard Room, is great for entertaining. The dining room sets the stage for unforgettable meals and the kitchen boasts beautiful granite countertops and features a Butler's Pantry for culinary enthusiasts. The primary bedroom offers a dressing area, enclosed glass terrace sitting area, and a walk-in closet. Six other ample-sized bedrooms provide versatility, including in-home office suites. The basement features multi-purpose areas for recreation, a laundry area, storage, and a fun DIY bar. Outside, the exquisite English gardens were designed with entertainment in mind. Host grand soirees with space for outdoor tents. The heated pool and spa invite relaxation. The two-story pool house is an architectural marvel, with a Lalique fish tank, limestone floors, fireplace, and a fully equipped kitchen. The second floor of the pool house has a large space for a gym, home office or media room. Hand-hewn maple paneling and a birds-eye maple ceiling add refinement. Immerse yourself in Princeton's rich history and cultural scene. Enjoy the community's charm and nearby amenities. 240 Library Place seamlessly blends past and present, making it truly exceptional. Don't miss this chance to own a piece of Princeton's history while creating a lifetime of memories in this timeless masterpiece.
| Middle School | High School |
|---|---|
| John Witherspoon M.S. | Princeton H.S. |
| Price History | |
|---|---|
| 3/11/2024 | Listed $4,100,000 |
| 4/8/2024 | 4% - $3,975,000 |
General Features
| Interior Features | Primary Bath(s),Butlers Pantry,Skylight(s),Sauna,Air Filter System,Wet/Dry Bar,Stall Shower,Dining Area,Breakfast Area,Cedar Closet(s),Crown Moldings,Curved Staircase,Formal/Separate Dining Room,Pant |
|---|---|
| Sewer | Public Sewer |
| Heating | Forced Air |
| Cooling | Central A/C |
| Possession | Negotiable |
| Roof | Metal,Slate |
| Appliances | Cooktop,Oven - Wall,Oven - Double,Oven - Self Cleaning,Dishwasher,Refrigerator,Dryer,Extra Refrigerator/Freezer,Stainless Steel Appliances,Washer |
| Exterior Features | Hot Tub,Lawn Sprinkler |
| Zoning | R1 |
| Garage Spaces | 4.00 |
| Pool Y/N | Yes - Personal |
| Patio/Porch Features | Patio(s),Balcony |
| Architectural Style | Colonial |
| Security Features | Security System |
| Construction Materials | Stucco |
| Exclusions | See Listing Agent |
| Year Built | 1840 |
| Electric | 200+ Amp Service |
| Levels | 4 |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Natural Gas |
| Accessibility | None |
| County | MERCER |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Subdivision Name | WESTERN |
| Garage Y/N | Yes |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Total Rooms | 17 |
| Status | ACTIVE |
| Directions | 206 or Mercer to Library |
| ModificationTimestamp | 2024-04-17T13:40:39 |
| City | PRINCETON |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Lead Based Paint - State |
| Senior Community Y/N | No |
| MLS Area | Princeton (21114) |
| Lot Size Square Feet | 45738.00 |
| Tax Assessed Value | 3174100.0 |
| Waterfront Y/N | No |
| Street Name | LIBRARY |
| Tax Annual Amount | 79796.0 |
| Home Warranty Y/N | No |
| Structure Type | Detached |
| Condo/Coop Association Y/N | No |
| Bathrooms Count Main Level | 1.00 |
| Price Per Sq Ft | 549.79 |
| Acceptable Financing | Conventional,Cash |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Virtual Tour | https://www.youtube.com/embed/cuq7SGTAuH8 |
| Total SQFT | 8519 |
| Days on Market | 40 |
| Location Type | Suburban |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 00022 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Basement | Unfinished |
| Flooring | Wood,Heated,Hardwood,Carpet,Ceramic Tile,Tile/Brick |
| Total Fireplaces | 3 |
| Hot Water | Natural Gas |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 7230 |
| Full Baths | 7 |
| Half Baths | 1 |
| Street Suffix | PLACE |
| Central Air Y/N | Yes |
| Total Bedrooms | 7 |
| Room Type | Living Room,Dining Room,Primary Bedroom,Sitting Room,Bedroom 2,Bedroom 3,Bedroom 4,Bedroom 5,Kitchen,Basement,Library,Breakfast Room,Bedroom 1,Sun/Florida Room,Laundry,Other,Office,Recreation Room,St |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Assessor |
| Laundry Type | Basement |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin SQFT | 1289 |
| Below Grade Unfin SQFT Source | Estimated |
| Below Grade Finished Area Source | Assessor |
| Bedrooms Count All Upper Levels | 7 |
| Bedrooms Count Upper Level 1 | 5 |
| Bedrooms Count Upper Level 2 | 2 |
| Bathrooms Half Main Level | 1 |
| Bathrooms Full Upper Level 2 | 2 |
| Bathrooms Full Upper Level 1 | 3 |
| Bathrooms Full Lower Level 1 | 2 |
| Bathrooms Full All Upper Levels | 5 |
| Bathrooms Full All Lower Levels | 2 |
| Bathrooms Count Upper Level 2 | 2.00 |
| Bathrooms Count Upper Level 1 | 3.00 |
| Bathrooms Count Lower Level 1 | 2.00 |
| Bathrooms Count All Upper Levels | 5 |
| Bathrooms Count All Lower Levels | 2 |
| Above Grade Finished Area Source | Assessor |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 8 |
Exterior Features
| Fencing | Other |
|---|---|
| Parking Features | Gravel Driveway |
| Lot Features | Corner,Level,Front Yard,Rear Yard,SideYard(s) |
| Water Source | Public |
| Inclusions | See Listing Agent (much of the home furnishings can be included in the sale) |
| Total Parking Spaces | 12 |
| Garage Features | Inside Access |
| Type of Parking | Driveway,Attached Garage |
| Foundation Details | Stone |
| Spa | Yes |
| Water View Y/N | No |
| Lot Dimensions | 0.00 x 0.00 |
| Lot Size Acres | 1.05 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Horse Y/N | No |
| Land Assessed Value | 850500.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| # of Attached Garage Spaces | 4 |
| LotDimensionsSource | Assessor |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Basement | Lower 1 | Cedar Lined Closet,Built-Ins | ||
| Bedroom 1 | Upper 1 | Crown Molding,Built-Ins,Flooring - HardWood,Fireplace - Other | ||
| Bedroom 2 | 17 X 12 | Upper 1 | Flooring - HardWood | |
| Bedroom 3 | 20 X 23 | Upper 1 | ||
| Bedroom 4 | Upper 1 | |||
| Bedroom 5 | Upper 2 | Attached Bathroom,Cedar Lined Closet,Flooring - HardWood | ||
| Bedroom 6 | Upper 2 | Attached Bathroom,Flooring - HardWood | ||
| Bonus Room | Upper 3 | Skylight(s),Built-Ins | ||
| Breakfast Room | Main | |||
| Dining Room | 21 X 13 | Main | Crown Molding,Flooring - HardWood | |
| Full Bath | Upper 2 | |||
| Full Bath | Upper 1 | Jack and Jill Bathroom | ||
| Full Bath | Lower 1 | |||
| Full Bath | Upper 1 | |||
| Full Bath | Lower 1 | |||
| Full Bath | Upper 2 | |||
| Half Bath | Main | |||
| Kitchen | 21 X 23 | Main | Kitchen - Gas Cooking,Island,Double Sink,Built-Ins,Countertop(s) - Granite,Kitchen - Eat-in | |
| Laundry | Lower 2 | |||
| Library | Main | Flooring - HardWood,Window Treatments,Fireplace - Wood Burning,Built-Ins,Cathedral/Vaulted Ceiling | ||
| Living Room | 35 X 17 | Main | Fireplace - Other,Crown Molding,Flooring - HardWood | |
| Office | Upper 1 | Built-Ins | ||
| Other | Main | Flooring - Tile/Brick,Wet Bar | ||
| Primary Bathroom | Upper 1 | Soaking Tub,Double Sink,Flooring - Tile/Brick | ||
| Primary Bedroom | 17 X 13 | Upper 1 | Fireplace - Other,Walk-In Closet(s),Attached Bathroom | |
| Recreation Room | Lower 1 | Built-Ins,Countertop(s) - Granite,Skylight(s),Fireplace - Other | ||
| Sitting Room | Upper 1 | Skylight(s),Balcony Access | ||
| Storage Room | Lower 2 | |||
| Sun/Florida Room | Main | Fireplace - Wood Burning,Flooring - Tile/Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 08540
Price
Taxes
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