OFF MARKET

Off Market Jun 2023 for $450K

$633,130

Est. refi paymentEst. refi $3,257/mo

•

—

sq ft

118 Carter Rd, Princeton, NJ 08540

About this home

The ideal location of this comfortably sized home offers the elusive blend of convenience to everyday necessities along with outdoor privacy usually found only in the country. The lot is a generous three-quarter acre, but it seems even larger thanks to densely wooded surroundings. There’ll be nothing but the soft sounds of nature to disturb your poolside relaxation this summer and, with new concrete decking in place, there’s nothing to delay you from diving right into fun times on the first warm, sunny day! A roomy shed with a new roof keeps all the pool accessories handy, but neatly stowed away. A big picture window, a bay and a glass-paned door to the deck keep the home’s living and dining rooms nice and bright throughout the day. While currently carpeted, hardwood flows through the main and upper levels. Newer stainless steel appliances join a hammered copper sink in the kitchen. Just a few steps down is the perfect spot to set up your home office or create a cozy media room. A full bath with hidden Samsung washer and dryer further the versatility of the naturally lit ground level with plenty of storage nearby in the deep garage and basement. Above, a second tiled bath with a wide modern vanity serves 3 bedrooms, all with breezy ceiling fans. Carson Woods, Terhune Orchards and the campus of Bristol Myers Squibb are nearly at your doorstep and downtown Princeton is a short drive away. In fact, it’s so close this property has a Princeton mailing address! House is an estate sale. Sold as is

Single-familyProperty Type

1956Year Built

0.75 acresLot Size

1 car garageParking

Listed by Donna Matheis • Callaway Henderson Sotheby's Int'l-Princeton

•609-921-1050 (broker)

•info@callawayhenderson.com (broker)

Bought with Non Member NON MEMBER • Non Subscribing Office

•844-552-7444 (broker)

•datacorrect@brightmls.com (broker)

Redfin checked: a minute ago

•Source:BRIGHT MLS #NJME2024922

Redfin Estimate

$633,130

$183K since sold in June 2023$4,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.6% higher than the average sale price ($617K) of 6 comparable homes.

SOLD BY REDFIN JUN 15, 2026
$385,000
A
3 beds1.5 baths1,312 sq ft
54 Carter Rd, Princeton, NJ 08540
SOLD MAY 29, 2026
$561,800
B
4 beds2.5 baths2,273 sq ft
60 Carter Rd, Princeton, NJ 08540
BOUGHT WITH REDFIN JUN 11, 2026
$481,000
C
2 beds1 bath1,334 sq ft
62 Carter Rd, Princeton, NJ 08540
SOLD JUN 5, 2026
$595,000
D
4 beds2 baths1,746 sq ft
41 Titus Ave, Lawrence Twp, NJ 08648
SOLD JUN 29, 2026
$921,000
E
4 beds2.5 baths2,474 sq ft
9 Holly Ln, Lawrence Twp, NJ 08648
SOLD JUL 31, 2026
$760,000
F
4 beds2.5 baths2,241 sq ft
31 Merion Pl, Lawrence Twp, NJ 08648

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Earn from this home

Sell

$255,704

Est. take-home

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Refinance

Est. cash available

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Rent

$4,301/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

New listings for sale

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(609) 921-9202
OPEN SUN, 1PM TO 4PM
$735,000
3 beds3.5 baths2,036 sq ft
57 W Countryside Dr, Princeton, NJ 08540
(609) 987-8889
COMING SOON
$2,250,000
4 beds4.5 baths3,612 sq ft
209 Winant Rd, Princeton, NJ 08540
(609) 921-1050
OPEN THU, 5PM TO 7PM
$629,900
3 beds2.5 baths2,153 sq ft
43 Fair Acres Ct, Princeton, NJ 08540
(609) 921-1900
3D WALKTHROUGH
$3,325,000
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1 Audubon Ln, Princeton, NJ 08540
(609) 924-5353
$3,680,000
6 beds7.5 baths7,628 sq ft
117 Bouvant Dr, Princeton, NJ 08540
(609) 921-1050
FOR SALE BY OWNER
$1,325,000
4 beds3 baths3,345 sq ft
4 Gabriella Ct, Princeton, NJ 08540
COMING SOON
$975,000
4 beds2.5 baths2,888 sq ft
3 Blue Spruce Dr, Pennington, NJ 08534
(609) 737-1500
OPEN SAT, 12PM TO 3PM
$355,000
2 beds1 bath936 sq ft
Sayre Dr #2109, Princeton, NJ 08540
(609) 921-1900
$1,540,000
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See all

Provided by Redfin

Sale history for 118 Carter Rd

Date

Event

Price

BRIGHT MLS #NJME2024922

Jun 9, 2023

Sold

$450,000

Apr 14, 2023

Pending

—

Apr 14, 2023

Contingent

—

Apr 11, 2023

Price Changed

$475,000

Apr 1, 2023

Relisted

—

Mar 22, 2023

Contingent

—

Mar 8, 2023

Relisted

—

Mar 4, 2023

Listing Removed

—

Mar 3, 2023

Relisted

—

Jan 25, 2023

Pending

—

Jan 19, 2023

Contingent

—

Jan 12, 2023

Relisted

—

Dec 18, 2022

Listing Removed

—

Dec 1, 2022

Listed

$500,000

Public Records

Oct 31, 1996

Sold

$160,000

Year

Property tax

Land + Additions

Assessment*

2025

$9,261 (+2.2%)

$147,300 + $145,300

$292,600

2024

$9,065 (+2.0%)

$147,300 + $145,300

$292,600

2023

$8,883 (+1.8%)

$147,300 + $145,300

$292,600

2022

$8,722 (+1.3%)

$147,300 + $145,300

$292,600

2021

$8,611 (+1.4%)

$147,300 + $145,300

$292,600

2020

$8,491 (+1.3%)

$147,300 + $145,300

$292,600

2019

$8,383 (+2.3%)

$147,300 + $145,300

$292,600

2018

$8,193 (+0.5%)

$147,300 + $145,300

$292,600

2017

$8,155 (+1.5%)

$147,300 + $145,300

$292,600

2016

$8,034 (+4.8%)

$147,300 + $145,300

$292,600

2014

$7,666 (+2.5%)

$147,300 + $145,300

$292,600

2013

$7,479 (+4.2%)

$147,300 + $145,300

$292,600

2012

$7,178 (+4.6%)

$67,600 + $92,300

$159,900

2011

$6,863 (+1.1%)

$67,600 + $92,300

$159,900

2010

$6,786 (+4.3%)

$67,600 + $92,300

$159,900

2009

$6,506

$67,600 + $92,300

$159,900

Tax history for 118 Carter Rd

Year

Property tax

Land + Additions

Assessment*

2025

$9,261 (+2.2%)

$147,300 + $145,300

$292,600

2024

$9,065 (+2.0%)

$147,300 + $145,300

$292,600

2023

$8,883 (+1.8%)

$147,300 + $145,300

$292,600

2022

$8,722 (+1.3%)

$147,300 + $145,300

$292,600

2021

$8,611 (+1.4%)

$147,300 + $145,300

$292,600

2020

$8,491 (+1.3%)

$147,300 + $145,300

$292,600

2019

$8,383 (+2.3%)

$147,300 + $145,300

$292,600

2018

$8,193 (+0.5%)

$147,300 + $145,300

$292,600

2017

$8,155 (+1.5%)

$147,300 + $145,300

$292,600

2016

$8,034 (+4.8%)

$147,300 + $145,300

$292,600

2014

$7,666 (+2.5%)

$147,300 + $145,300

$292,600

2013

$7,479 (+4.2%)

$147,300 + $145,300

$292,600

2012

$7,178 (+4.6%)

$67,600 + $92,300

$159,900

2011

$6,863 (+1.1%)

$67,600 + $92,300

$159,900

2010

$6,786 (+4.3%)

$67,600 + $92,300

$159,900

2009

$6,506

$67,600 + $92,300

$159,900

*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

130 ft.

Lot depth

250 ft.

Lot size

0.75 Acres

Year renovated

—

Sq. Ft.

1,568

Year built

1956

Style

Single Family Residential

County

Mercer County

APN

0706601 00046

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 13, 2026.

EP-1

Environmental Protection 1 District

The Environmental Protection 1 district is designed for low intensity uses primarily in the northwest area of the municipality where poor water yields and strata for septic systems dictate large lot development in an area of little or no public infrastructure and severe environmental constraints, including but not limited to, a seasonal high water table, shallow depth to bedrock, and steep slopes along the Stony Brook. Further, the purpose of the EP-1 district is to protect the environmental resources and qualities of this area, maintain the rural character of roads and scenic views, and retain farmland. The EP-1 designation is contrasted with the EP-2 district by being underlain with the Lockatong-Argillite geologic formation as depicted in the adopted Master Plan. Both the EP-1 and EP-2 districts, though poorly suited for development, are exceptional areas for non-irrigated agriculture. Because of this last factor, clustering of residential units is preferred whether under the provisions of this section or 428.

Permitted uses

Include but are not limited to:

Agriculture
Housing-Single unit
Public service
Cemetery
Park & open space

Property details

Parking

Parking Information
# of Attached Garage Spaces: 1
Garage Features: Inside Access
# of Total Garage and Parking Spaces: 1
Has Garage
# of Garage Spaces: 1
Driveway, Attached Garage

Interior

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

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

Interior Information
Living Area Sq.Ft. Source: Estimated

Room Information
Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Basement, Office, Bathroom 2

Basement Information
Basement: Yes
Partial

Exterior

Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $145,300
Ownership Interest: Fee Simple
Year Built Source: Assessor

Building Information
Construction Materials: Frame
Foundation Details: Block
Other Structures: Above Grade, Below Grade
Structure Type: Detached

Pool Information
Personal Pool
Fenced, In Ground

Lot Information
Lot Size Dimensions: 130.00 x 250.00
Lot Dimensions Source: Assessor
Tidal Water: No

Land Information
Land Assessed Value: $147,300

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: $292,600
Tax Year: 2022
Tax Annual Amount: $8,611

Assessments Information
Year Assessed: 2022

Utilities

Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Baseboard - Hot Water
Heating Fuel: Oil
Hot Water: Electric
Sewer Septic: On Site Septic
Water Source: Well

Location

School Information
Middle Or Junior School: LAWRENCE M.S.
High School: LAWRENCE
School District Name: LAWRENCE TOWNSHIP PUBLIC SCHOOLS
Middle School Source: Listing Agent
High School Source: 3rd Party
School District Source: 3rd Party

Location Information
Cross Street: Tall Timbers
Directions: Route 206 to Carter Road, Home is on the right across from Tall Timbers
Municipality: LAWRENCE TWP

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,568
Stories: 1.0
Lot Size: 0.75 acres
Style: Single Family Residential
Year Built: 1956
Year Renovated: —
County: Mercer County
APN: 0706601 00046

Home facts updated by county records on Jul 13, 2026

Around this home

Schools
Places
Transit

Lawrenceville Elementary School

Public PreK-3 • Assigned • 2.1mi

6/10

Lawrence Middle School

Public 7-8 • Assigned • 4.4mi

8/10

Lawrence High School

Public PreK-12 • Assigned • 4.3mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

3/10 Flood Factor

Estimated 14-20% chance of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 102° 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

$602,000 – $729,000

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New listings for sale in 08540

NEW 4 HRS AGO

$739,000

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460 Sayre Dr, Princeton, NJ 08540

(609) 921-9202

OPEN SUN, 1PM TO 4PM

$735,000

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COMING SOON

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OPEN THU, 5PM TO 7PM

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3 beds2.5 baths2,153 sq ft

43 Fair Acres Ct, Princeton, NJ 08540

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3D WALKTHROUGH

$3,325,000

7 beds8 baths6,315 sq ft

1 Audubon Ln, Princeton, NJ 08540

(609) 924-5353

$3,680,000

6 beds7.5 baths7,628 sq ft

117 Bouvant Dr, Princeton, NJ 08540

(609) 921-1050

FOR SALE BY OWNER

$1,325,000

4 beds3 baths3,345 sq ft

4 Gabriella Ct, Princeton, NJ 08540

COMING SOON

$975,000

4 beds2.5 baths2,888 sq ft

3 Blue Spruce Dr, Pennington, NJ 08534

(609) 737-1500

OPEN SAT, 12PM TO 3PM3D WALKTHROUGH

$355,000

2 beds1 bath936 sq ft

Sayre Dr #2109, Princeton, NJ 08540

(609) 921-1900

Home values near 118 Carter Rd

Data from public records.

Address	Redfin Estimate
122 Carter Rd, Princeton, NJ - Beds \| - Baths \| 2597 Sq. Ft.	$719,216
134 Carter Rd, Princeton, NJ 4 Beds \| 3 Baths \| 2783 Sq. Ft.	$1,056,099

Address	Redfin Estimate
126 Carter Rd, Princeton, NJ 3 Beds \| 1.5 Baths \| 1764 Sq. Ft.	$673,800
132 Carter Rd, Princeton, NJ - Beds \| - Baths \| 2856 Sq. Ft.	$891,654

Address	Redfin Estimate
120 Carter Rd, Princeton, NJ - Beds \| - Baths \| 2096 Sq. Ft.	$646,722
90 Carter Rd, Princeton, NJ 4 Beds \| 2 Baths \| 2378 Sq. Ft.	$747,710

Property information provided by BRIGHT MLS when last listed in 2022. This data may not match . Learn more.

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