OFF MARKET

Off market mar 2023 for $400K

$498,512

Est. refi paymentEst. refi $2,616/mo

•

1,155

sq ft

1045 Canal Rd, Princeton, NJ 08540

About this home

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

$432Est. 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

•908-647-1000 (broker)

•klrw1171@kw.com (broker)

Redfin checked: 2 minutes ago

•Source:BRIGHT MLS #NJSO2002022

Redfin Estimate

$498,512

$99K since sold in March 2023$0 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18.8% lower than the average sale price ($614K) of 6 comparable homes.

SOLD AUG 26, 2026
$620,000
A
3 beds2 baths1,458 sq ft
4 Park Ln, Princeton, NJ 08540
SOLD JUL 29, 2026
$575,000
B
3 beds2 baths1,557 sq ft
26 Lincoln Ave, Princeton, NJ 08540
SOLD MAR 20, 2026
443 Bunker Hill Rd, Princeton, NJ 08540-8500
$525,000
C
2 beds2 baths— sq ft
443 Bunker Hill Rd, Princeton, NJ 08540-8500
SOLD MAY 25, 2026
$576,200
D
3 beds1.5 baths1,413 sq ft
43 Sterling Rd, Princeton, NJ 08540
SOLD JAN 22, 2026
$550,000
E
3 beds2 baths1,625 sq ft
93 Mosher Rd, Princeton, NJ 08540
SOLD JUL 13, 2026
$839,000
F
4 beds2.5 baths— sq ft
22 Hillcrest Rd, Hillsborough, NJ 08844-5414

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Earn from this home

Sell

$169,813

Est. take-home

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Refinance

Est. cash available

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Rent

$3,283/mo

Redfin rental estimate

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Market trends in 08540, NJ

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

101.6%

0.4% MoM

Median sale price

$995K

$55K MoM

Avg. days on market

54d

11 days MoM

Recently sold homes

136

29 MoM

New listings for sale

$1,449,000
4 beds3.5 baths— sq ft
20 Governors Ln, Princeton, NJ 08540
$1,748,000
8 beds5.5 baths6,750 sq ft
3461 Lawrenceville Rd, Princeton, NJ 08540
(609) 394-9600
$999,990
3 beds3.5 baths— sq ft
9 Griffin Ln, Monmouth Junction, NJ 08852
$519,000
2 beds2.5 baths1,293 sq ft
37 Ketley Pl, Princeton, NJ 08540
(609) 921-1411
$755,000
3 beds2.5 baths— sq ft
79 Cherry Brook Dr, Princeton, NJ 08540-7710
$399,000
1 bed1.5 baths1,263 sq ft
2202 Windrow Dr, Princeton, NJ 00000
(609) 520-3700
$599,000
3 beds2 baths1,082 sq ft
151 Washington Rd, Princeton, NJ 08540
$569,900
2 beds2.5 baths1,634 sq ft
19 Hoover Ave, Princeton, NJ 08540
(609) 924-6550
$1,700,000
4 beds4 baths3,819 sq ft
37 Governors Ln, Princeton, NJ 08540
(609) 921-1050
VIDEO TOUR
$649,900
3 beds2.5 baths1,896 sq ft
103 Creststone Cir, Princeton, NJ 08540
(866) 201-6210
See all

Provided by Redfin

Sale history for 1045 Canal Rd

Date

Event

Price

GSMLS #3827273

Mar 21, 2023

Sold

$400,000

$346/sq ft

Feb 8, 2023

Pending

—

Feb 3, 2023

Listed

$375,000

$325/sq ft

BRIGHT MLS #NJSO2002022

Mar 21, 2023

Sold

$400,000

$346/sq ft

Mar 15, 2023

Pending

—

Feb 8, 2023

Contingent

—

Feb 3, 2023

Listed

$375,000

$325/sq ft

CJMLS #2308207R

Mar 21, 2023

Sold

$400,000

$346/sq ft

Feb 3, 2023

Listed

$375,000

$325/sq ft

Feb 2, 2023

Coming Soon

$375,000

$325/sq ft

+31

BRIGHT MLS #NJSO2001812

Dec 12, 2022

Listing Removed

—

Nov 29, 2022

Contingent

—

Nov 7, 2022

Price Changed

$389,900

$338/sq ft

Sep 30, 2022

Listed

$400,000

$346/sq ft

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*

2026

$8,312 (+3.8%)

$302,500 + $161,100

$463,600

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*

2026

$8,312 (+3.8%)

$302,500 + $161,100

$463,600

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

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 Oct 29, 2026.

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 Oct 29, 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)

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

$474,000 – $574,000

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Home values near 1045 Canal Rd

Data from public records.

Address	Redfin Estimate
1024 Canal Rd, Princeton, NJ 4 Beds \| 3 Baths \| 3106 Sq. Ft.	$862,953
1023 Canal Rd, Princeton, NJ 3 Beds \| 2.5 Baths \| - Sq. Ft.	$765,922

Address	Redfin Estimate
1020 Canal Rd Apartment RD1, Princeton, NJ - Beds \| - Baths \| 1698 Sq. Ft.	$619,340
1017 Canal Rd Apartment 1, Princeton, NJ - Beds \| - Baths \| 2756 Sq. Ft.	$801,880

Address	Redfin Estimate
1041 Canal Rd, Princeton, NJ - Beds \| - Baths \| 1692 Sq. Ft.	$615,088
1069 Canal Rd, Princeton, NJ 5 Beds \| 2.5 Baths \| - Sq. Ft.	$726,744

Property information provided by BRIGHT MLS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 08540, NJ

Sale history for 1045 Canal Rd

Tax history for 1045 Canal Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 08540

Home values near 1045 Canal Rd

More real estate resources