NJ
MERCER
PRINCETON
08540
409 BASIN STREET
409 BASIN STREET, PRINCETON, NJ 08540
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Listing Type
Multi Family
Listing Status
Active
5
$1,300,000

Home Details for 409 BASIN STREET

Price
$1,300,000
Type
Residential Income
Bedrooms
3
Bathrooms
Square feet
1808
Year built
1920
Lot size acres
0.27
County
MERCER
Garage
Basement
Partial
Days on site
182
MLS Listing#
NJME2060926
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.

Property Features
  • Cooling Information
    • None
    • Electric
  • Heating Information
    • Natural Gas
    • Radiant
  • Water Features
    • Public
  • Parking
    • Driveway
  • Basement
    • Partial
Listing Courtesy: Home Journey Realty - 609-237-8800
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Last Updated: 2025-12-30 14:31:18
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EXIT REALTY JERSEY SHORE
2029 Route 37 East, Toms River, NJ 08753
Rosemarie McGeehan
License #: 0679931
Associate Broker
Office
732 573 1550
Agent
732 740 9519
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