This home's estimate is 43.7% lower than the average sale price ($1.38M) of 6 comparable homes.
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241 Cherry Valley Rd, Princeton, NJ 08540
About this home
This Colonial charmer dating back to the 1700's would make a perfect nest for anyone who likes a project. Filled with charming old bones that include a cathedral ceiling with exposed brick and beams in the great room, 4 fireplaces (as-is), a Dutch door, and wide board floors, the potential is huge to make this something special. Nearly four deep acres mean expansion is a possibility and provide tranquil views from the deck and the kitchen. This diamond the rough is just begging to be restored to its former glory. Rooms are nicely proportioned both on the first and upstairs in all three bedrooms. Two full bathrooms include one near the kitchen and another one on the second floor. Bring your imagination and your tool kit and reap the hidden rewards on the offer here. Located close to Princeton, in Montgomery's blue ribbon school system, this just might be that golden opportunity you've been searching for.
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Market trends in 08540, NJ
Last updated August 2026
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Sale history for 241 Cherry Valley Rd
Tax history for 241 Cherry Valley Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Off Street
Interior
- Bedroom Information
- # of Bedrooms On Main Level: 3
- Bathroom Information
- # of Bathrooms (Full) On Main Level: 2
- # of Bathrooms (Full): 2
- Interior Information
- Living Area Sq.Ft. Source: Estimated
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 4
- Basement Information
- Basement: Yes
- Unfinished
Exterior
- Property Information
- Total Below Grade Sq. Ft.: 0
- Improvement Assessed Value: $146,000
- Ownership Interest: Fee Simple
- Year Built Source: Assessor
- Building Information
- Construction Materials: Brick
- Foundation Details: Stone
- Other Structures: Above Grade, Below Grade
- 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: $250,000
- 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: $396,000
- Tax Year: 2021
- Tax Annual Amount: $12,652
- Assessments Information
- Year Assessed: 2021
Utilities
- Utilities Information
- Radiator
- Heating Fuel: Oil
- Hot Water: Oil
- Sewer Septic: On Site Septic
- Water Source: Private/Community Water
Location
- School Information
- School District Name: MONTGOMERY TOWNSHIP PUBLIC SCHOOLS
- School District Source: Listing Agent
- Location Information
- Directions: Rt 206 to Cherry Valley Rd or The Great Rd to Cherry Valley Rd
- Location Type: Rural
- Municipality: MONTGOMERY TWP
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 2,080
- Stories: —
- Lot Size: 3.75 acres
- Style: Single Family Residential
- Year Built: 1870
- Year Renovated: —
- County: Somerset County
- APN: 1334001 00037 03
Around this home
Schools
Public 3-4 • Assigned • 2.3mi
Public 7-8 • Assigned • 3.0mi
Public 9-12 • Assigned • 2.8mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 100° expected this year, 15 days in 30 years
27% chance of strong winds in next 30 years
3 unhealthy days expected this year, 5 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 08540
Home values near 241 Cherry Valley Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | - Sq. Ft. | $1,368,104 |
- Beds | - Baths | 4172 Sq. Ft. | $1,610,480 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 5 Baths | - Sq. Ft. | $2,021,322 |
3 Beds | 2.5 Baths | - Sq. Ft. | $1,283,134 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 2 Baths | 2345 Sq. Ft. | $1,220,236 |
4 Beds | 3 Baths | - Sq. Ft. | $1,283,328 |
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