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.
Property Type
Multi-FamilyCounty
MERCERStyle
ColonialAD ID
50135695
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Basement Description: Partial
Heating & Cooling
- Cooling: None
- Heating: Radiant
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1920
- Structure: Detached
- New Construction: No
- Total Units: 1
- Built: 1920
- Construction Material: Vinyl Siding
- Foundation/Basement: Block
- Architecture: Colonial
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 11,761
- Dimensions: 0.00 x 0.00
- Lot Size (Acres): 0.27
- Architectural Style: Colonial
- Main Square Feet: 11,761
Property Information
- SQ ft: 1,808
- SQ ft (Living Area): 1,808
- Total Lot SQ ft: 11,761
- Appx. Lot Dimensions: 0.00 x 0.00
- Total Acreage: 0.27
- New Construction: No
- Type: Colonial
-
Listing Information
Listing Information
- Possession: Negotiable
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $9,594
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Negotiable
Assessment Information
- Taxes Assessment Amount: $360,300
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: Driveway
Homeowners Association Information
- Direction: Alexander St
-
School, Utilities & Location Details
School Information
- School District: PRINCETON REGIONAL SCHOOLS
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Hot Water: Electric
Location Information
- Direction: Alexander St
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BuyOwner last updated this listing 06/13/2025 @ 10:23
- MLS: NJME2060926
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 1,808 sqft, 11,761 sized lot, and 0 parking. are nearby neighborhoods.