Welcome to 1045 Canal Rd, Princeton, NJ 08540! Take a step back to a simpler time with this cottage-style cape nestled on a park-like property in the historic Griggstown area of Somerset County. Carefully renovated to retain period charm with original hard wood floors, shiplap walls, and a white picket fence, this home has many upgrades including a new roof, furnace, and well pump. A block away from the Delaware Raritan & Canal State Park, this is a beautiful country setting with a coveted Princeton address close to Princeton, New Brunswick, and NYC trains. This home is not in a flood zone and is the perfect alternative to condo living with plenty of room to expand.
Single-familyProperty Type
1930Year Built
0.66 acresLot Size
$418Est. Price/Sq.Ft.
Listed by John R. Wuertz• BHHS Fox & Roach-Mt Laurel
•856-222-0077 (broker)
Bought with Rebecca Matyash• Keller Williams Greater Brunswick
Welcome to 1045 Canal Rd, Princeton, NJ 08540! Take a step back to a simpler time with this cottage-style cape nestled on a park-like property in the historic Griggstown area of Somerset County. Carefully renovated to retain period charm with original hard wood floors, shiplap walls, and a white picket fence, this home has many upgrades including a new roof, furnace, and well pump. A block away from the Delaware Raritan & Canal State Park, this is a beautiful country setting with a coveted Princeton address close to Princeton, New Brunswick, and NYC trains. This home is not in a flood zone and is the perfect alternative to condo living with plenty of room to expand.
BRIGHT MLS #NJSO2001812
Dec 12, 2022
Listing Removed
—
Nov 30, 2022
Pending
—
Nov 29, 2022
Contingent
—
Nov 25, 2022
Pending
—
Nov 7, 2022
Price Changed
$389,900
$338/sq ft
Sep 30, 2022
Listed
$400,000
$346/sq ft
Sep 29, 2022
Coming Soon
*
CJMLS #1
Nov 7, 2022
Price Changed
$389,900
$338/sq ft
BRIGHT MLS #1004582648
Nov 30, 2012
Sold
$225,000
$195/sq ft
Aug 13, 2012
Listing Removed
—
Nov 25, 2011
Listed
$195,000
$169/sq ft
Public Records
Aug 10, 1971
Sold
$28,000
$24/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,006 (+7.6%)
$302,500 + $161,100
$463,600
2024
$7,441 (+2.8%)
$302,500 + $161,100
$463,600
2023
$7,240 (+15.5%)
$302,500 + $110,200
$412,700
2022
$6,271 (+4.0%)
$266,500 + $110,200
$376,700
2021
$6,030 (+1.0%)
$199,000 + $110,200
$309,200
2020
$5,968 (−1.2%)
$163,000 + $110,200
$273,200
2019
$6,042 (−1.0%)
$154,000 + $110,200
$264,200
2018
$6,103 (−3.4%)
$154,000 + $110,200
$264,200
2017
$6,315 (−0.9%)
$154,000 + $110,200
$264,200
2016
$6,369 (+8.6%)
$162,100 + $110,200
$272,300
2014
$5,864 (+3.3%)
$163,000 + $110,200
$273,200
2013
$5,674 (+8.1%)
$162,100 + $94,200
$256,300
2011
$5,247 (+3.2%)
$163,000 + $88,300
$251,300
2010
$5,084 (−1.2%)
$163,000 + $88,300
$251,300
2009
$5,145
$163,000 + $88,300
$251,300
Tax history for 1045 Canal Rd
Year
Property tax
Land + Additions
Assessment*
2025
$8,006 (+7.6%)
$302,500 + $161,100
$463,600
2024
$7,441 (+2.8%)
$302,500 + $161,100
$463,600
2023
$7,240 (+15.5%)
$302,500 + $110,200
$412,700
2022
$6,271 (+4.0%)
$266,500 + $110,200
$376,700
2021
$6,030 (+1.0%)
$199,000 + $110,200
$309,200
2020
$5,968 (−1.2%)
$163,000 + $110,200
$273,200
2019
$6,042 (−1.0%)
$154,000 + $110,200
$264,200
2018
$6,103 (−3.4%)
$154,000 + $110,200
$264,200
2017
$6,315 (−0.9%)
$154,000 + $110,200
$264,200
2016
$6,369 (+8.6%)
$162,100 + $110,200
$272,300
2014
$5,864 (+3.3%)
$163,000 + $110,200
$273,200
2013
$5,674 (+8.1%)
$162,100 + $94,200
$256,300
2011
$5,247 (+3.2%)
$163,000 + $88,300
$251,300
2010
$5,084 (−1.2%)
$163,000 + $88,300
$251,300
2009
$5,145
$163,000 + $88,300
$251,300
*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
1
Lot width
—
Lot depth
—
Lot size
0.66 Acres
Year renovated
—
Sq. Ft.
1,155
Year built
1930
Style
Single Family Residential
County
Somerset County
APN
0800012 00001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 6, 2026.
R-40
Single-Family Residential District
The purpose of the R-40 District is to provide for the continuance of single-family residential development on 1-acre lots.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Golf related
Property details
Parking
Parking Information
Other
Interior
Bedroom Information
# of Bedrooms On 1st Upper Level: 1
# of Bedrooms On Main Level: 2
Bathroom Information
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Full): 1
Interior Information
Interior Features: Kitchen - Eat-In
Living Area Sq.Ft. Source: Assessor
Room Information
Living Room, Dining Room, Master Bedroom, Kitchen, Bedroom 1
Laundry Type: Basement
Basement Information
Basement: Yes
Full
Exterior
Property Information
Not Federal Flood Zone
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $110,200
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Construction Materials: Frame
Foundation Details: Brick/Mortar
Other Structures: Above Grade, Below Grade
Pets Allowed: Yes
Pet Restrictions: No Pet Restrictions
Structure Type: Detached
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $199,000
Above Grade Information
Finished Sq.Ft.: 1,155
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
Tax Assessed Value: $309,200
Tax Year: 2022
Tax Annual Amount: $6,030
Assessments Information
Year Assessed: 2022
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Forced Air
Heating Fuel: Oil
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Well
Location
School Information
School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS
School District Source: Listing Agent
Location Information
Cross Street: ROUTE 518
Directions: Bunker Hill Rd to Canal to 1045
Municipality: FRANKLIN TWP
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,155
Stories: 1.0
Lot Size: 0.66 acres
Style: Single Family Residential
Year Built: 1930
Year Renovated: —
County: Somerset County
APN: 0800012 00001
Home facts updated by county records on Jul 6, 2026
Around this home
Schools
Claremont Elementary School
Public PreK-5 • Assigned • 3.0mi
6/10
Sampson G Smith School
Public 6-8 • Assigned • 6.1mi
4/10
Franklin Twp High School
Public 9-12 • Assigned • 6.3mi
3/10
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
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, 15 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)
35
20
40
23
58
35
66
43
73
52
83
61
89
68
84
62
78
57
69
44
56
36
41
24
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
$459,000 – $555,000
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