This home's estimate is 7.2% lower than the average sale price ($1.05M) of 6 comparable homes.
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1309 Canal Rd, Princeton, NJ 08540
About this home
Completely rebuilt, renovated, move-in ready 3,200 sf home on 2.6 acres in historic Griggstown. 4 huge bedrooms (3 have walk-in closets), 3 full baths, and 2,600 sf outbuilding in the back. Directly overlooking the scenic D & R Canal, this home features great room w/ brick fireplace, kitchen w/ huge center island, granite counters, shaker cabinets, wine fridge, and S/S Samsung appliances. Extras such as epoxied garage floor, mudroom, first floor full bath, patio, and the open concept. New well and septic system. House is not in a flood zone. Outbuilding can be renovated, leased out, and/or even used for horses, cars, storage, etc. D & R Canal is home to plenty of recreational activities! Princeton address, University & Downtown are minutes away, easy access to major highways/mass transit!
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Market trends in 08540, NJ
Last updated August 2026
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Sale history for 1309 Canal Rd
$188/sq ft
$198/sq ft

$188/sq ft
$198/sq ft
$219/sq ft
$242/sq ft
$250/sq ft
$60/sq ft
$86/sq ft
Tax history for 1309 Canal Rd
*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
CP
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.Include but are not limited to:
- Agriculture
- Equestrian facility
- Housing-Single unit
Property details
Parking
- Parking Information
- # of Attached Garage Spaces: 2
- Garage Features: Built In
- # of Total Garage and Parking Spaces: 5
- Has Garage
- # of Garage Spaces: 2
- # of Open Parking Spaces: 3
- Attached Garage
Interior
- Bedroom Information
- # of Bedrooms On 1st Upper Level: 4
- Bathroom Information
- # of Bathrooms (Half) On 1st Upper Level: 1
- # of Bathrooms (Full) On 1st Upper Level: 2
- # of Bathrooms (Half) On All Upper Levels: 1
- # of Bathrooms (Full) On All Upper Levels: 2
- # of Bathrooms (Half): 1
- # of Bathrooms (Full): 2
- Interior Information
- Appliances: Dishwasher, Refrigerator
- Flooring Type: Wood, Tile/Brick
- Interior Features: Master Bath(s), CeilngFan(s), Kitchen - Eat-In
- Living Area Sq.Ft. Source: Estimated
- R-Factor Ceilings: 38
- Room Information
- Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
- Laundry Type: Main Floor
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- Basement Information
- Basement: Yes
- Partial, Unfinished
Exterior
- Property Information
- Not Federal Flood Zone
- Improvement Assessed Value: $99,400
- Ownership Interest: Fee Simple
- Year Built Source: Estimated
- Building Information
- Construction Completed
- Construction Materials: Vinyl Siding
- Other Structures: Above Grade
- Outdoor Living Structures: Patio(s)
- R-Factor Ext Walls: 38
- Roof: Shingle
- Structure Type: Detached
- Other Structures: Barn/Farm Building
- Lot Information
- Lot Features: Irregular
- Lot Size Dimensions: 2.61 ACRES
- Tidal Water: No
- Land Information
- Land Assessed Value: $332,000
- Above Grade Information
- Finished Sq.Ft.: 3,200
- Finished Sq.Ft. Source: Estimated
Financial
- Tax Information
- Tax Assessed Value: $431,400
- Tax Year: 2017
- Tax Annual Amount: $10,004
Utilities
- Utilities Information
- Central Air
- Cooling Type: Central A/C
- Cooling Fuel: Other
- 200+ Amp Service
- Propane
- Heating Fuel: Bottled Gas/Propane
- Hot Water: Electric
- Sewer Septic: On Site Septic
- Water Source: Well
Location
- School Information
- High School: FRANKLIN TOWNSHIP
- School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS
- Location Information
- Cross Street: OLD GEORGETOWN
- Directions: Georgetown Franklin Turnpike to Canal Rd.
- Municipality: FRANKLIN TWP
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 3,414
- Stories: 2.0
- Lot Size: 2.61 acres
- Style: Single Family Residential
- Year Built: 1947
- Year Renovated: —
- County: Somerset County
- APN: 0800009 00009 05
Around this home
Schools
Public PreK-5 • Assigned • 4.5mi
Public 6-8 • Assigned • 8.0mi
Public 9-12 • Assigned • 8.3mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Estimated 16-24% chance of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 101° expected this year, 14 days in 30 years
27% chance of strong winds in next 30 years
3 unhealthy days expected this year, 4 days in 30 years
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.
Nearby similar homes
New listings for sale in 08852
Home values near 1309 Canal Rd
| Address | Redfin Estimate |
|---|---|
5 Beds | 6 Baths | - Sq. Ft. | $4,592,112 |
3 Beds | 3 Baths | 3207 Sq. Ft. | $998,770 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 3356 Sq. Ft. | $1,152,701 |
4 Beds | 2.5 Baths | - Sq. Ft. | $887,000 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 2024 Sq. Ft. | $863,144 |
- Beds | - Baths | 1923 Sq. Ft. | $764,429 |
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