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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

Listed by Peter San Paolo • Home Journey Realty

$1,300,000

Est. payment - /mo

1,808 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,808 sqft

Price per Sqft $719

MLS Listing ID NJME2060926

Style Colonial

Abv Grd Liv Area 1,808

Year Built 1920

Annual Tax Amount $9,594

Tax Year 2024

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Prime Investment Opportunity in the Heart of Princeton, Two Lots Available 409 Basin Street, Princeton, NJ This property features a charming colonial-style two-family detached residence situated on a generous lot with 61 feet of street frontage and a depth of 191 feet. Each unit has its own electric utility meter, providing flexibility for investors or owner-occupants seeking rental income potential. The home spans approximately 1,808 square feet and is currently configured as two separate units:

Unit A: 1 Bedroom, 1 Bathroom
Unit B: 2 Bedrooms, 1 Bathroom

0 Basin Street (Rear Lot) Located directly behind 409 Basin Street, this parcel (Lot 008, Block 11503) encompasses approximately 0.37 acres and is situated within the R9 Zone. Both lots are in the Princeton Historical District and a prior remediated (NJDEP) site for a CERCLA removal. This lot is potentially buildable and offers significant development potential, subject to zoning and historical review approvals. Access would require an easement through the driveway of the front lot (409 Basin Street). Location

Highlights: Minutes from Princeton University. Convenient to the Princeton Train Station, shopping, dining, and cultural attractions. This unique offering provides a rare opportunity to own or develop in one of Princeton's most desirable locations. Whether you're looking to invest, develop, or create a custom residence, these two contiguous parcels present exceptional potential. Buyers are encouraged to conduct their own due diligence regarding development feasibility and zoning requirements.

Location

State NJ

County Mercer

Area Princeton (21114)

Zoning R9

Rooms

Basement Partial

Interior

Hot Water Electric

Heating Radiant

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Block

Above Ground Finished SqFt 1808

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Princeton Regional Schools

Others

Tax ID 14-11503-00002

Ownership Fee Simple

SqFt Source 1808

Special Listing Condition Standard

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262

409 BASIN ST Princeton, NJ 08540

Joseph Lam

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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409 BASIN ST