Off Market Aug 2021 for $857K

$1,440,195

Est. refi paymentEst. refi $5,187/mo

•

—

sq ft

1040 Mercer Rd, Princeton, NJ 08540

About this home

With so much space, both inside and out, this special Princeton property is not only a fantastic value, but also an opportunity to make outdoor living part of your every day. The house, just painted a fresh sky blue and topped with a new roof, sits on more than 2 acres, but the property feels endless thanks to preserved land stretching out beyond the fenced yard. Enjoy the view from your choice of relaid stone patios or from the shelter of the sunroom. Inside, the living room with a raised hearth fireplace is the heart of the home. Hardwood floors extend into the dining room. Tailor the kitchen to suit your needs by removing a wall - or not. You may even choose to reimagine the upper level floor plan. One thing is certain - with a ready-for-finishing bonus room and 6 current bedrooms, including a main level master with a brand new bathroom, there s space for everyone! A second staircase off the attached garage even offers an au pair or in-laws extra privacy. All this seclusion within the Princeton school district and a quick drive from I-95.

Single-familyProperty Type

1968Year Built

2.02 acresLot Size

2 garage spacesParking

Listed by Kim Rizk • Callaway Henderson Sotheby's Int'l-Princeton

•609-921-1050 (broker)

•info@callawayhenderson.com (broker)

Listed by Ellie Deardorff • Callaway Henderson Sotheby's Int'l-Princeton

•609-921-1050 (broker)

•info@callawayhenderson.com (broker)

Bought with Sikander Ranu • Key Realty NJ

•609-587-9200 (broker)

•keyrealtynj@gmail.com (broker)

Redfin checked: 2 minutes ago

•Source:BRIGHT MLS #NJME289468

Redfin Estimate

$1,440,195

$583K since sold in August 2021$30K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3% lower than the average sale price ($1.48M) of 6 comparable homes.

SOLD JUN 9, 2026
$1,499,000
A
5 beds4 baths3,490 sq ft
890 Lawrenceville Rd, Princeton, NJ 08540
SOLD JUN 1, 2026
$1,915,000
B
6 beds5 baths3,742 sq ft
28 Talbot Ln, Princeton, NJ 08540
BOUGHT WITH REDFIN AUG 12, 2026
$1,167,500
C
5 beds3.5 baths4,500 sq ft
4 Chatsworth Ct, Lawrence Twp, NJ 08648
SOLD AUG 11, 2026
$1,100,000
D
4 beds2.5 baths3,474 sq ft
1 Buckingham Dr, Princeton, NJ 08540
SOLD JUN 15, 2026
$1,825,000
E
4 beds3.5 baths3,183 sq ft
280 Edgerstoune Rd, Princeton, NJ 08540
SOLD FEB 27, 2026
$1,400,000
F
4 beds3.5 baths4,194 sq ft
7 Tomlyn Dr, Princeton, NJ 08540

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Earn from this home

Sell

$736,443

Est. take-home

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Refinance

Est. cash available

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Rent

$7,231/mo

Redfin rental estimate

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Market trends in 08540, NJ

Last updated July 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

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3D WALKTHROUGH
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See all

Provided by Redfin

Sale history for 1040 Mercer Rd

Year

Property tax

Land + Additions

Assessment*

2025

$19,396 (+2.6%)

$383,400 + $326,300

$709,700

2024

$18,899 (−8.4%)

$383,400 + $326,300

$709,700

2023

$20,640 (+4.2%)

$383,400 + $326,300

$709,700

2022

$19,804 (−0.3%)

$458,400 + $355,900

$814,300

2021

$19,861 (+0.8%)

$458,400 + $355,900

$814,300

2020

$19,706 (+2.0%)

$458,400 + $355,900

$814,300

2019

$19,315 (+1.7%)

$458,400 + $355,900

$814,300

2018

$18,989 (+1.4%)

$458,400 + $355,900

$814,300

2017

$18,729 (+1.6%)

$458,400 + $355,900

$814,300

2016

$18,435 (+3.6%)

$458,400 + $355,900

$814,300

2014

$17,792 (+2.5%)

$458,400 + $355,900

$814,300

2013

$17,353 (−1.8%)

$458,400 + $355,900

$814,300

2012

$17,675 (+2.0%)

$458,400 + $355,900

$814,300

2011

$17,329 (+1.4%)

$508,400 + $355,900

$864,300

2010

$17,082 (−1.9%)

$526,000 + $355,900

$881,900

2009

$17,422

$526,000 + $355,900

$881,900

Tax history for 1040 Mercer Rd

Year

Property tax

Land + Additions

Assessment*

2025

$19,396 (+2.6%)

$383,400 + $326,300

$709,700

2024

$18,899 (−8.4%)

$383,400 + $326,300

$709,700

2023

$20,640 (+4.2%)

$383,400 + $326,300

$709,700

2022

$19,804 (−0.3%)

$458,400 + $355,900

$814,300

2021

$19,861 (+0.8%)

$458,400 + $355,900

$814,300

2020

$19,706 (+2.0%)

$458,400 + $355,900

$814,300

2019

$19,315 (+1.7%)

$458,400 + $355,900

$814,300

2018

$18,989 (+1.4%)

$458,400 + $355,900

$814,300

2017

$18,729 (+1.6%)

$458,400 + $355,900

$814,300

2016

$18,435 (+3.6%)

$458,400 + $355,900

$814,300

2014

$17,792 (+2.5%)

$458,400 + $355,900

$814,300

2013

$17,353 (−1.8%)

$458,400 + $355,900

$814,300

2012

$17,675 (+2.0%)

$458,400 + $355,900

$814,300

2011

$17,329 (+1.4%)

$508,400 + $355,900

$864,300

2010

$17,082 (−1.9%)

$526,000 + $355,900

$881,900

2009

$17,422

$526,000 + $355,900

$881,900

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

Public record

Beds

—

Baths

—

Stories

1.5

Lot width

—

Lot depth

—

Lot size

2.02 Acres

Year renovated

—

Sq. Ft.

4,320

Year built

1968

Style

Single Family Residential

County

Mercer County

APN

1410102 00005

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 2026.

Property details

Parking

Parking Information
# of Attached Garage Spaces: 2
Garage Features: Garage - Front Entry
# of Total Garage and Parking Spaces: 10
Has Garage
# of Garage Spaces: 2
Driveway - # of Spaces: 8
Attached Garage, Driveway

Interior

Virtual Tour

Bedroom Information
# of Bedrooms On 1st Upper Level: 3
# of Bedrooms On Main Level: 3

Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 1
# of Bathrooms (Half) On Main Level: 1
# of Bathrooms (Full) On Main Level: 2
# of Bathrooms (Full) On All Upper Levels: 1
# of Bathrooms (Half): 1
# of Bathrooms (Full): 3

Interior Information
Flooring Type: Hardwood
Living Area Sq.Ft. Source: Estimated

Room Information
Laundry Type: Main Floor

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Wood

Basement Information
Basement: Yes
Partial

Exterior

Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $355,900
Ownership Interest: Fee Simple
Property Condition: Very Good
Year Built Source: Assessor

Building Information
Construction Materials: Frame
Other Structures: Above Grade, Below Grade
Roof: Asphalt
Structure Type: Detached

Exterior Information
Fencing: Split Rail

Lot Information
Lot Size Dimensions: 0.00 x 0.00
Tidal Water: No

Land Information
Land Assessed Value: $458,400

Above Grade Information
Finished Sq.Ft. Source: Estimated

Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
Tax Assessed Value: $814,300
Tax Year: 2020
Tax Annual Amount: $19,706

Assessments Information
Year Assessed: 2020

Utilities

Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Baseboard - Electric, Solar - Active
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Cable TV Available, Phone Connected
Water Source: Public

Location

School Information
Elementary School: JOHNSON PARK
Middle Or Junior School: JOHN WITHERSPOON M.S.
High School: PHS
School District Name: PRINCETON REGIONAL SCHOOLS
Elementary School Source: Listing Agent
Middle School Source: Listing Agent
High School Source: Listing Agent
School District Source: Listing Agent

Location Information
Directions: Heading north on Princeton Pike, cross thru Provincline intersection with the Chapin School on your left. Soon after, you will see "Princeton" sign and see 1040 driveway on your right. Heading South on Princeton Pike, pass the Battlefield and proceed over old stone bridge. Pass 4 streets on right including both Gallup Roads, 1040 Mercer will be on your left and is last house in Princeton. If you see The Chapin School, you went too far.
Municipality: PRINCETON

Public facts

Beds: —
Baths: —
Sq. Ft.: 4,320
Stories: 1.5
Lot Size: 2.02 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: —
County: Mercer County
APN: 1410102 00005

Home facts updated by county records on Jul 13, 2026

Around this home

Schools

Johnson Park School

Public PreK-5 • Assigned • 2.4mi

8/10

J Witherspoon Middle School

Public 6-8 • Assigned • 3.7mi

9/10

Princeton High School

Public 9-12 • Assigned • 3.4mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 101° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

4/10 Air Factor

6 unhealthy days expected this year, 7 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 4.4 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.37M – $1.66M

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Home values near 1040 Mercer Rd

Data from public records.

Address	Redfin Estimate
961 Mercer Rd, Princeton, NJ 3 Beds \| 2.5 Baths \| - Sq. Ft.	$1,029,843
1021 Mercer Rd, Princeton, NJ 4 Beds \| 3.5 Baths \| 3177 Sq. Ft.	$1,271,441

Address	Redfin Estimate
973 Mercer Rd, Princeton, NJ 4 Beds \| 2.5 Baths \| 2493 Sq. Ft.	$1,390,693
1028 Mercer Rd, Princeton, NJ 4 Beds \| 2.5 Baths \| - Sq. Ft.	$1,215,360

Address	Redfin Estimate
1015 Mercer Rd, Princeton, NJ 4 Beds \| 2.5 Baths \| 2948 Sq. Ft.	$959,566
1004 Mercer Rd, Princeton, NJ 4 Beds \| 2 Baths \| 2088 Sq. Ft.	$1,003,192

Property information provided by BRIGHT MLS when last listed in 2020. This data may not match . Learn more.

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