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Residential Land for Sale in Princeton, New Jersey

Basin St, Princeton, NJ 08540

$1,300,000
0.37 acres
Active
Est $9,037/mo

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.

Location

Street address
Basin St
School district
Princeton Regional Schools
Elevation
72 feet
Coordinates
40.334, -74.6554

Property details

Lot size
0.37 acres16,117 sq ft
MLS #
TREND NJME2060958
Posted

Property taxes

Recent
$1,970

Parcels

  • 1114_11503_8

Listing history

DateEventPriceChangeSource
June 11, 2025New listing$1,300,000TREND
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This 0.37-acre property is located at Basin St in Princeton, NJ 08540. The property is available for sale for $1,300,000.

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