1. New Jersey
  2. Princeton
  3. 409 BASIN STREET
$1,300,000

409 BASIN STREET, Princeton, NJ 08540

  • 1,808 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $719/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Active
Listing Office:
Home Journey Realty : 6092378800
Listing Agent:
Peter J San Paolo : 6099027025
MLS ID:
NJME2060926
  • Basement: Partial
  • A/C: None
  • Heating: YRadiantNatural Gas
  • Disability Feature: None

This listing courtesy of Peter J San Paolo, Home Journey Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Riverside Elementary School

58 Riverside Dr, Princeton, NJ, 08540

Grades PK-5

1.74 miles away

P

Princeton Middle School

217 Walnut Ln, Princeton, NJ, 08540

Grades 6-8

1.88 miles away

P

Princeton High School

151 Moore St, Princeton, NJ, 08540

Grades 9-12

1.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.