601 PROSPECT AVE $12,000,000

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    601 PROSPECT AVE PRINCETON, NJ 08540

    • 0 Beds
    • 5 Baths
    • 0 sq.ft.
    • Single-Family
    MLS# 1005948467 | ACTIVE

    $12,000,000

    Market Estimate
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    Days On Market: 136 12 Views
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    Property Details

    This is one of Princeton's most beautiful remaining tracts of land offering spectacular views of and access to Lake Carnegie in the coveted Riverside section. Originally a private residence, this gracious stone-sheathed manor home was built in 1914. When the non-profit research firm, Textile Research Institute, sought expansion and closer collaboration with universities after World War II, it purchased this estate in Princeton, a town which was attracting many new research and development companies. TRI-Princeton preserved the stately residence creating within its walls meeting rooms and offices, and the institution has remained a responsible caretaker for this beautiful estate for the past 70 years. The estate's land, originally including more acreage, now encompasses 18.47 acres featuring groves of specimen trees, broad expansive lawns, and a gentle slope to Lake Carnegie. The property is zoned R-5, which allows for the creation of 1/2 acre lots and is easily accessible with broad frontage on both Riverside Drive and Prospect Avenue. The stone manor house can be re-purposed once again or removed depending on the vision of the purchaser. The possibilities are limitless.

    • General Features
      • Condo Coop Association Y/N N
      • County MERCER
      • HOA Y/N N
      • New Construction Y/N N
      • Pool No Pool
      • Senior Community Y/N N
      • Tax Annual Amount 75120.0
      • Tax Year 2017
      • Water Body Type Lake
      • Water Frontage Length 700
      • Waterfront Y/N Y
      • Year Built 1914
      • Zoning R-5
    • Building Features
      • Basement Type Full
      • Cooling Type Central A/C, Wall Unit
      • Entry Location Foyer
      • Fireplace Features Non-Functioning
      • Fireplaces Count 1
      • Flooring Type Tile/Brick
      • Garage Spaces Count 0.00
      • Heating Fuel Natural Gas
      • Heating Type Gas, Radiator
      • Interior Features Kitchen - Eat-In
      • Roof Pitched
      • Sewer Septic Public Sewer
      • Style Traditional
    • Room Features
      • Bathrooms 5
      • Bedrooms 0
      • Full Bathrooms 2
      • Half Bathrooms 3
    • Property Features
      • Lot Features Open, Trees/Wooded, Subdivision Possible
      • Lot Size Acres 18.47
      • Lot Size Dimensions 18.47 ACRES
      • Outdoor Living Structures Patio(s)
    • Schools
      • Elementary School RIVERSIDE
      • Middle Or Junior School J WITHERSPOON
      • High School PRINCETON
      • School District PRINCETON REGIONAL SCHOOLS

    Contact

    Customer Care

    Sales Associate

    BHHS Fox & Roach BHHS Fox and Roach Corporate Office

    Mobile Phone: 866-486-5636

    Neighborhood

    Market Last 30 Days

    $500,000 Median Sales Price
    41 Homes Sold
    24 New On Market

    Average Days on Market

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $12,000,000
        8/4/2018 8:41:00 AM New in Database Source

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