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240 LIBRARY PLACE, Princeton, NJ 08540
$3,975,000 Asking Price
$---/mo Est. Payment Get Prequalified »
7
beds
8
baths
7,230
sqft
Built in
1840
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.
Features & Amenities
Interior
- General:
- 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,Pantry,Recessed Lighting,Soaking Tub,Tub Shower,Upgraded Countertops,Walk-in Closet(s),Window Treatments,Wine Storage,Wood Floors
- Rooms:
- 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,Storage Room,Bedroom 6,Bonus Room,Primary Bathroom,Full Bath,Half Bath
- Appliances:
- Cooktop,Oven - Wall,Oven - Double,Oven - Self Cleaning,Dishwasher,Refrigerator,Dryer,Extra Refrigerator/Freezer,Stainless Steel Appliances,Washer
- Laundry:
- Basement
- Basement:
- Unfinished
- Flooring:
- Wood,Heated,Hardwood,Carpet,Ceramic Tile,Tile/Brick
- A/C:
- Central A/C
- Heating:
- Y, Forced Air, Natural Gas
- Fireplace:
- Fireplace, Fireplaces: 3
- Disability Feature:
- None
Exterior
- General:
- Hot Tub,Lawn Sprinkler, Above Grade,Below Grade
- Style:
- Colonial
- Parking:
- Gravel Driveway
Construction
- Roofing:
- Metal,Slate
- General:
- Stucco, 4, Stone
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- PRINCETON REGIONAL SCHOOLS
- County:
- MERCER
Lot
- Zoning:
- R1, 14-00005 02-00022
- Fencing:
- Other
- Current Use:
- 0
Utilities
- Utilities:
- 200+ Amp Service
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
- Exclusions:
- See Listing Agent
This listing courtesy of:
Corcoran Sawyer Smith, Yakenya Moise
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Princeton, NJ
Housing
- Number of Units
- 21,578
- Median Home Value
- $673,317
- Median Rent
- $1,665
39.26% of housing units are renter occupied.
7.79% are vacant.
Commute
- Car
-
32.86%
- Public Transportation
-
6.54%
- Walk to Work
-
8.03%
- Work from Home
-
51.16%
- Other
-
0.49%
The median travel time to work is 16 minutes.
People
- Population
- 57,453
- Median Age
- 38.90
- Median Household Size
- 2.85
Education
- High School
-
6.69%
- Associate’s Degree
-
3.07%
- Bachelor’s Degree
-
31.64%
- Graduate Degree
-
49.48%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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