OFF MARKET

Off Market Oct 2011 for $395K

$704,801

Est. refi paymentEst. refi $2,349/mo

•

1.5 ba

•

—

sq ft

1016 Canal Rd, Princeton, NJ 08540

About this home

BRING YOUR CANOE! This is a rare opportunity to own picturesque property backing to the D & R Canal and adjacent to Green Acres. This charming home is located in Griggstown on the Millstone Valley Scenic Byway with a Princeton address. This is one of the homes built in the late 1920's for New York City residents who had discovered bucolic Griggstown and subsequently built homes there for their summer enjoyment. Decorated in tranquil earth tones, the home's updates reflect the owner's desire to make the house a carefree environment so that the natural outdoor setting can be enjoyed as much as possible. Improvements include renovated baths and refinished wood flooring on first floor. The expansive enclosed porch with slate floor offers generous space for warm weather entertaining. Relax and take in this magical environment.

Single-familyProperty Type

1928Year Built

2.5 acresLot Size

Listed by Martha Jane Weber • Henderson Sotheby's International Realty*

•609-924-1000 (broker)

•info@hendersonsir.com (broker)

Bought with Martha Jane Weber • Henderson Sotheby's International Realty*

•609-924-1000 (broker)

•info@hendersonsir.com (broker)

Redfin checked: a minute ago

•Source:BRIGHT MLS #1004548108

Redfin Estimate

$704,801

$310K since sold in October 2011$1,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.1% higher than the average sale price ($652K) of 6 comparable homes.

SOLD MAY 25, 2026
$576,200
A
3 beds1.5 baths1,413 sq ft
43 Sterling Rd, Princeton, NJ 08540
SOLD JUN 11, 2026
$645,000
B
3 beds2 baths— sq ft
780 Township Line Rd, Hillsborough, NJ 08844-3866
SOLD JUL 29, 2026
$575,000
C
3 beds2 baths1,557 sq ft
26 Lincoln Ave, Princeton, NJ 08540
SOLD JUN 3, 2026
$761,400
D
3 beds2 baths— sq ft
23 Strawberry Ln, Hillsborough, NJ 08844-5411
SOLD MAY 12, 2026
5 Leiv Eirikson Ave, Princeton, NJ 08540-8402
$803,000
E
4 beds2.5 baths— sq ft
5 Leiv Eirikson Ave, Princeton, NJ 08540-8402
SOLD JAN 22, 2026
$550,000
F
3 beds2 baths1,625 sq ft
93 Mosher Rd, Princeton, NJ 08540

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$458,261

Est. take-home

List your home with Redfin and save $7,048

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$3,839/mo

Redfin rental estimate

List your home for rent

Market trends in 08540, NJ

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.0%

+0.3% MoM

Median sale price

$966K

$126K MoM

Avg. days on market

52d

2 days MoM

Recently sold homes

150

41 MoM

New listings for sale

NEW 6 HRS AGO
$983,990
3 beds3.5 baths— sq ft
53 Bellan Dr, Monmouth Junction, NJ 08852
NEW 8 HRS AGO
$924,490
3 beds3.5 baths— sq ft
57 Bellan Dr, Monmouth Junction, NJ 08852
OPEN SUN, 12PM TO 4PM
$480,000
2 beds2 baths1,258 sq ft
115 Federal Ct #5, Princeton, NJ 08540
$1,275,000
4 beds2.5 baths2,391 sq ft
299 Walnut Ln, Princeton, NJ 08540
(609) 921-1900
$365,000
2 beds1 bath1,008 sq ft
306 Trinity Ct #12, Princeton, NJ 08540
(609) 921-9202
$525,000
2 beds2.5 baths1,560 sq ft
46E Haverhill Ct, Princeton, NJ 08540-1764
$739,000
3 beds3 baths2,169 sq ft
460 Sayre Dr, Princeton, NJ 08540
(609) 921-9202
COMING SOON
$2,250,000
4 beds4.5 baths3,612 sq ft
209 Winant Rd, Princeton, NJ 08540
(609) 921-1050
OPEN SAT, 1PM TO 3PM
$629,900
3 beds2.5 baths2,153 sq ft
43 Fair Acres Ct, Princeton, NJ 08540
(609) 921-1900
3D WALKTHROUGH
$3,325,000
7 beds8 baths6,315 sq ft
1 Audubon Ln, Princeton, NJ 08540
(609) 924-5353
See all

Provided by Redfin

Redfin agents who toured

Home situated on 2 acres of land in Princeton. Princeton address but Somerset schools. Older home.with basement. Rooms are very cozy.
7 years ago• May not reflect the current state of the home
Merrilyn Ayala
Redfin Associate agent

Sale history for 1016 Canal Rd

Date

Event

Price

BRIGHT MLS #NJSO111408

Dec 9, 2019

Listing Removed

—

Apr 29, 2019

Listed

$420,000

GSMLS #2893976

Oct 18, 2011

Sold

$395,000

BRIGHT MLS #1004548108

Oct 18, 2011

Sold

$395,000

Oct 17, 2011

Listing Removed

—

Oct 16, 2011

Listed

$400,000

BRIGHT MLS #1009037642

Nov 16, 2010

Listing Removed

—

Apr 15, 2010

Listed

$419,000

BRIGHT MLS #1006379844

Oct 20, 2008

Listing Removed

—

Jun 22, 2008

Listed

$459,999

Public Records

Dec 17, 2003

Sold

$343,000

BRIGHT MLS #NJSO104836

Jul 18, 2003

Listing Removed

—

Jul 1, 2003

Listed

$343,000

Public Records

Jul 1, 1977

Sold

$37,500

Year

Property tax

Land + Additions

Assessment*

2025

$10,908 (+8.9%)

$390,600 + $241,000

$631,600

2024

$10,016 (+2.6%)

$390,600 + $241,000

$631,600

2023

$9,764 (+4.5%)

$390,600 + $164,900

$555,500

2022

$9,339 (−8.1%)

$343,100 + $164,900

$508,000

2021

$10,163

$295,600 + $164,900

$460,500

2020

$10,168 (−1.2%)

$295,600 + $164,900

$460,500

2019

$10,294 (−1.0%)

$285,200 + $164,900

$450,100

2018

$10,397 (−0.4%)

$285,200 + $164,900

$450,100

2017

$10,438 (−0.8%)

$285,200 + $164,900

$450,100

2016

$10,527 (+2.4%)

$285,200 + $164,900

$450,100

2014

$10,279 (+1.1%)

$285,200 + $164,900

$450,100

2013

$10,166 (−7.2%)

$285,200 + $164,100

$449,300

2011

$10,952 (+3.0%)

$286,100 + $164,100

$450,200

2010

$10,637 (+2.1%)

$331,400 + $193,100

$524,500

2009

$10,415

$332,700 + $193,100

$525,800

Tax history for 1016 Canal Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,908 (+8.9%)

$390,600 + $241,000

$631,600

2024

$10,016 (+2.6%)

$390,600 + $241,000

$631,600

2023

$9,764 (+4.5%)

$390,600 + $164,900

$555,500

2022

$9,339 (−8.1%)

$343,100 + $164,900

$508,000

2021

$10,163

$295,600 + $164,900

$460,500

2020

$10,168 (−1.2%)

$295,600 + $164,900

$460,500

2019

$10,294 (−1.0%)

$285,200 + $164,900

$450,100

2018

$10,397 (−0.4%)

$285,200 + $164,900

$450,100

2017

$10,438 (−0.8%)

$285,200 + $164,900

$450,100

2016

$10,527 (+2.4%)

$285,200 + $164,900

$450,100

2014

$10,279 (+1.1%)

$285,200 + $164,900

$450,100

2013

$10,166 (−7.2%)

$285,200 + $164,100

$449,300

2011

$10,952 (+3.0%)

$286,100 + $164,100

$450,200

2010

$10,637 (+2.1%)

$331,400 + $193,100

$524,500

2009

$10,415

$332,700 + $193,100

$525,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

2.54 Acres

Year renovated

—

Sq. Ft.

1,864

Year built

1927

Style

Single Family Residential

County

Somerset County

APN

0800019 00020

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 6, 2026.

Canal Preservation District

The purpose of the Canal Preservation Zone is to recognize, protect and preserve the unique resources of the Delaware and Raritan Canal; to protect and preserve the groundwater and surface water resources which flow into the Canal; to maintain the scenic amenity of the Canal and adjacent slopes and ridges; to reduce the impact upon streets adjacent to the Canal; to protect the wooded slopes and areas from the impact of development, including erosion and increased runoff; and to maintain the agricultural resources which currently exist in the area.

Permitted uses

Include but are not limited to:

Agriculture
Equestrian facility
Housing-Single unit

Property details

Parking

Parking Information
# of Attached Garage Spaces: 2
Garage Features: Garage Door Opener
# of Total Garage and Parking Spaces: 5
Has Garage
# of Garage Spaces: 2
# of Open Parking Spaces: 3
Attached Garage, Other

Interior

Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 1
# of Bathrooms (Half) On Main Level: 1
# of Bathrooms (Half): 1
# of Bathrooms (Full): 1

Interior Information
Appliances: Built-In Range, Dishwasher
Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
Interior Features: CeilngFan(s), Water Treat System, Kitchen - Eat-In

Room Information
# of Rooms: 7
Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
Laundry Type: Basement

Fireplace Information
Has Fireplace
# of Fireplaces: 1

Basement Information
Basement: Yes
Full, Unfinished

Exterior

Property Information
Improvement Assessed Value: $193,100
Ownership Interest: Fee Simple
Year Built Source: Estimated

Building Information
Construction Not Completed
Construction Materials: Wood Siding
Outdoor Living Structures: Porch(es)
Roof: Shingle
Structure Type: Detached

Lot Information
Lot Features: Open, Trees/Wooded, Rear Yard, SideYard(s)
Lot Size Dimensions: 2.4
Has Water View

Land Information
Land Assessed Value: $331,400

Financial

Tax Information
Tax Assessed Value: $524,500
Tax Year: 2010
Tax Annual Amount: $10,636

Utilities

Utilities Information
Cooling Type: Wall Unit
Oil, Forced Air
Heating Fuel: Oil
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Well

Location

School Information
High School: FRANKLIN TOWNSHIP
School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS

Location Information
Cross Street: BUNKER HILL
Directions: Rt. 27, towards Kingston, left on Laurel. .. turns into Canal Road after next traffic lite. Or Rt. 27 to left on Bunker Hill to L on Canal.
Location Type: Creek
Municipality: FRANKLIN TWP

Waterfrontage Information
On Waterfront
Water Oriented
Water Body Type: Creek

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,864
Stories: 2.0
Lot Size: 2.54 acres
Style: Single Family Residential
Year Built: 1927
Year Renovated: —
County: Somerset County
APN: 0800019 00020

Home facts updated by county records on Jul 6, 2026

Around this home

Schools

Claremont Elementary School

Public PreK-5 • Assigned • 2.9mi

6/10

Sampson G Smith School

Public 6-8 • Assigned • 5.9mi

4/10

Franklin Twp High School

Public 9-12 • Assigned • 6.0mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 11-17% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 101° expected this year, 14 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Princeton, NJ • 08540

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 4.3 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$670,000 – $811,000

Reach more buyers when you sell with Redfin. Save up to $7,048 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$429,000

2 beds2.5 baths— sq ft

4 Pear Tree Ln, Franklin Park, NJ 08823-1401

$559,900

3 beds2.5 baths— sq ft

47 Sapphire Ln, Franklin Park, NJ 08823-1642

NEW CONSTRUCTIONVIDEO TOUR

$4,500,000

5 beds6.5 baths10,541 sq ft

125 Harlingen Rd, Belle Mead, NJ 08502

(609) 710-2021

$1,049,000

4 beds3.5 baths3,912 sq ft

140 Bunker Hill Rd, Princeton, NJ 08540

(609) 303-3456

$383,000

2 beds2 baths1,208 sq ft

216 Sapphire La Ln, Franklin Park, NJ 08823

(866) 201-6210

NEW CONSTRUCTION

$1,500,000

4 beds3 baths3,500 sq ft

121 Bellemead Griggstown Rd, Belle Mead, NJ 08502

New listings for sale in 08852

NEW 6 HRS AGO

$983,990

3 beds3.5 baths— sq ft

53 Bellan Dr, Monmouth Junction, NJ 08852

NEW 8 HRS AGO

$924,490

3 beds3.5 baths— sq ft

57 Bellan Dr, Monmouth Junction, NJ 08852

OPEN SUN, 12PM TO 4PM

$480,000

2 beds2 baths1,258 sq ft

115 Federal Ct #5, Princeton, NJ 08540

$1,275,000

4 beds2.5 baths2,391 sq ft

299 Walnut Ln, Princeton, NJ 08540

(609) 921-1900

$365,000

2 beds1 bath1,008 sq ft

306 Trinity Ct #12, Princeton, NJ 08540

(609) 921-9202

$525,000

2 beds2.5 baths1,560 sq ft

46E Haverhill Ct, Princeton, NJ 08540-1764

$739,000

3 beds3 baths2,169 sq ft

460 Sayre Dr, Princeton, NJ 08540

(609) 921-9202

COMING SOON

$2,250,000

4 beds4.5 baths3,612 sq ft

209 Winant Rd, Princeton, NJ 08540

(609) 921-1050

OPEN SAT, 1PM TO 3PM

$629,900

3 beds2.5 baths2,153 sq ft

43 Fair Acres Ct, Princeton, NJ 08540

(609) 921-1900

Home values near 1016 Canal Rd

Data from public records.

Address	Redfin Estimate
1008 Canal Road, Princeton, NJ 5 Beds \| 2 Baths \| - Sq. Ft.	$1,018,941
1020 Canal Road #RD1, Princeton, NJ - Beds \| - Baths \| 1698 Sq. Ft.	$598,218

Address	Redfin Estimate
992 Canal Road, Princeton, NJ 4 Beds \| 2 Baths \| 1659 Sq. Ft.	$722,504
1041 Canal Road, Princeton, NJ 3 Beds \| 1.5 Baths \| - Sq. Ft.	$604,427

Address	Redfin Estimate
1024 Canal Road, Princeton, NJ 4 Beds \| 3 Baths \| 3106 Sq. Ft.	$887,318
1023 Canal Road, Princeton, NJ 3 Beds \| 2.5 Baths \| - Sq. Ft.	$781,747

Property information provided by BRIGHT MLS when last listed in 2011. This data may not match . Learn more.

More real estate resources

Cities
Zip Codes
Minor Civil Divisions
Popular Searches

Edison homes for sale
Bridgewater homes for sale
Princeton homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

08540 homes for sale
08844 homes for sale
08823 homes for sale
08502 homes for sale

East Brunswick Township homes for sale
Piscataway Township homes for sale
Hamilton Township homes for sale
South Orange Village homes for sale
Millburn Township homes for sale

Houses for rent in Griggstown	Agents near me	Ridgewood, NJ homes for sale	Griggstown Housing Market
Houses for sale near me	Jersey City, NJ homes for sale	Summit, NJ homes for sale
Land for sale near me	Montclair, NJ homes for sale	Edison, NJ homes for sale
Open Houses near me	Hoboken, NJ homes for sale	Griggstown Property Records
Condos for sale near me	Princeton, NJ homes for sale	NJ New Listings