NJ
MERCER
PRINCETON
08540
12 MURRAY PLACE
12 MURRAY PLACE, PRINCETON, NJ 08540
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Listing Type
Multi Family
Listing Status
Active
73
$2,700,000

Home Details for 12 MURRAY PLACE

Price
$2,700,000
Type
Residential Income
Bedrooms
5
Bathrooms
Square feet
5760
Year built
1870
Lot size acres
0.19
County
MERCER
Total rooms
17
Garage
Basement
Full, Unfinished
Days on site
22
MLS Listing#
NJME2071550
Property Description

Location, location, location—set in Princeton’s highly sought-after Riverside neighborhood, this distinguished Victorian owner-occupied 3-Unit property offers an exceptional walk-to-town lifestyle just steps from coffee shops, acclaimed restaurants, the post office, top-rated schools, and Princeton’s vibrant cultural and athletic venues. A truly rare opportunity for the discerning owner-occupant, this fully renovated residence offers strong rental demand and an impressive net operating income. Thoughtfully reimagined in 2022, each unit was meticulously updated with modern kitchens, refreshed baths, newer appliances, upgraded split HVAC systems, and three separate furnaces, ensuring comfort, efficiency and ease of management. The generously sized residences include a 5-bedroom / 3-bath, 3-bedroom / 2-bath and a 2-bedroom / 1-bath layout. that generate approximately $9500/mo from the 2 smaller units at 14 Murray The property has been maintained, painted inside and out and is truly turnkey. Ideal for an owner-occupant, the expansive 5-bedroom unit is fully available (past rent of $7800/mo), while the two remaining apartments are currently leased, generate approx $8,500 per month in rental income. Completing the offering is a convenient driveway parking and permitted street parking, immediate access to the NYC bus line, and close proximity to the Princeton Junction train station. Blending historic charm with modern updates and prime location, this exceptional triplex is a standout addition to any sophisticated real estate portfolio.

Property Features
  • Utilities
    • Cable Available
    • Water Available
    • Sewer Available
    • Natural Gas Available
    • Electricity Available
  • Heating Information
    • Exhaust Fan
    • Electric
    • Natural Gas
    • Radiant
  • Cooling Information
    • Ductless
    • Electric
  • Parking
    • On Street
    • Driveway
  • Basement
    • Full
    • Unfinished
  • Water Features
    • Public
School Information
School Information for 12 MURRAY PLACE, PRINCETON, NJ 08540
Elementary School
RIVERSIDE E.S.
Middle School
JOHN WITHERSPOON M.S.
High School
PRINCETON H.S.
Listing Courtesy: BHHS Fox & Roach - Princeton - 609-924-1600
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Last Updated: 2026-02-07 12:31:12
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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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