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Key Facts

Type Duplex
Levels Residential Income
Size 1808 sqft
Garage No
Taxes $9,594
Days Active 2
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $719
MLS® Number NJME2060926

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberNJME2060926
Laundry Level
Central VacNo
FireplaceNo
Acreage0.27
Exterior
GarageNo
Approx. Age1920
BasementPartial
DrivewayDriveway
Garage Spaces
HeatRadiant, Natural Gas
A/CNone, Electric
Heating Fuel

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