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$12,000,000

601 Prospect Avenue
Princeton, NJ 08540

For Sale|Single Family Home|Active Under Contract
2 Beds
5 Baths
10000 SqFt
Built in 1914
446 Days Online
$1200.00/SqFt
Subdivision:
RIVERSIDE
County:
Mercer-Nj
Call Now: 301-748-2241
Is this the home for you? We can help make it yours.
301-748-2241
601 Prospect Avenue601 Prospect Avenue601 Prospect Avenue601 Prospect Avenue
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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.

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Listing Snapshot
Price
$12,000,000
Days Online
446 Days
Bedrooms
2
Inside Area (SqFt)
10,000 sqft
Total Baths
5
Partial Baths
2
Lot Size
18.47 Acres
Year Built
1914
MLS Number
1005948467
Property Tax
$75,120
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS
a year agoListing first seen online
General Features
Style
Traditional
Water
Public
Sewer
Public Sewer
Garage
No
Other Structures
Above Grade
Construction Materials
StoneOther
Zoning
R-5
Interior Features
Flooring
Tile/Brick
Laundry
Basement
Heating
Radiator
Cooling
Central A/CWall Unit
Central Air
Yes
Basement
Yes
Basement Description
Full
Fireplace
Yes
Other Interior Features
Kitchen – Eat-In
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Exterior Features
Body of Water
Carnegie Lake
Lot Features
OpenTrees/WoodedSubdivision Possible
Roof
Pitched
Community Features
Accessibility Features
None
Schools
School District
PRINCETON REGIONAL SCHOOLS
Elementary School
RIVERSIDE
Middle School
J WITHERSPOON
High School
PRINCETON
Listing Provided Courtesy Of: Callaway Henderson Sotheby’s Int’l-Princeton

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The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright 2019 Bright MLS. All rights reserved.
Data Last Updated on Tue Oct 22 2019 08:30:00
Neighborhood & Commute
Source: Walkscore
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