409 Basin Street Princeton, NJ 08540
Listing Courtesy of: BRIGHT IDX / Home Journey Realty

  409 Basin Street Princeton, NJ 08540

Active (3 Days)
$1,300,000

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 BathroomUnit B: 2 Bedrooms, 1 Bathroom0 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). LocationHighlights: 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.

MLS #:
NJME2060926
Taxes
$9,594(2024)
Lot Size
0.27 acres
Type
Multifamily
Year Built
1920
Style
Colonial
School District
Princeton Regional Schools
County
Mercer County

Listed By

Peter J San Paolo, Home Journey Realty
Source
BRIGHT IDX
Last checked Jun 13 2025 at 9:46 PM GMT+0000
Bathroom Details
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Block
Heating and Cooling
  • Radiant
  • None
Basement Information
  • Partial
Exterior Features
  • Vinyl Siding
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
Living Area
  • 1,808 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/13/25 14:46