OFF MARKET

Off Market Sep 2012 for $800K

$3,132,758

Est. refi paymentEst. refi $3,421/mo

•

2 ba

•

—

sq ft

40 Carter Rd, Princeton, NJ 08540

About this home

A glorious and private 17.25-acre setting encircles this tranquil home at the far end of a quiet lane in Lawrenceville. Exploring the unruffled grounds along a footpath that loops the entire property, you can't help noting how well this home honors its pastoral surrounds. Weathered masonry and timber distinguishes its rustic facade along with a burst of color from a red metal roof. Enter into the lower level completely redesigned by architect Ron Berlin to incorporate an entry forecourt and library/music room. The main level is arranged in an open plan with a beamed ceiling and pegged floors uniting living, dining and kitchen. Glass doors reach a wraparound deck and provide picturesque views. The master bedroom with bath is front to back with dual walk-in closets. Two others bedrooms utilize a hall bath. If bathing al fresco is preferred, an outdoor hot & cold shower buffered by nature provides the option. A heated office/studio matches the house and could serve well as guest quarters.

Single-familyProperty Type

1962Year Built

17.25 acresLot Size

Listed by Joan Loraine Otis • Callaway Henderson Sotheby's Int'l-Princeton

•609-921-1050 (broker)

•info@callawayhenderson.com (broker)

Listed by Susan Cook • Callaway Henderson Sotheby's Int'l-Princeton

•609-921-1050 (broker)

•info@callawayhenderson.com (broker)

Bought with • Callaway Henderson Sotheby's Int'l-Princeton

•609-921-1050 (broker)

•info@callawayhenderson.com (broker)

Redfin checked: a minute ago

•Source:BRIGHT MLS #1003955000

Redfin Estimate

$3,132,758

$2.3M since sold in September 2012$260K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 221.2% higher than the average sale price ($975K) of 6 comparable homes.

SOLD AUG 11, 2026
$1,100,000
A
4 beds2.5 baths3,474 sq ft
1 Buckingham Dr, Princeton, NJ 08540
SOLD AUG 11, 2026
$960,000
B
4 beds2.5 baths2,401 sq ft
6 Aqua Ter, Pennington, NJ 08534
SOLD BY REDFIN JUN 15, 2026
$385,000
C
3 beds1.5 baths1,312 sq ft
54 Carter Rd, Princeton, NJ 08540
SOLD JUN 26, 2026
4 Honey Brook Dr, Princeton, NJ 08540
$1,350,000
D
4 beds3.5 baths3,251 sq ft
4 Honey Brook Dr, Princeton, NJ 08540
SOLD DEC 17, 2025
$1,495,000
E
4 beds2.5 baths— sq ft
140 Hun Rd, Princeton, NJ 08540
SOLD MAY 29, 2026
$561,800
F
4 beds2.5 baths2,273 sq ft
60 Carter Rd, Princeton, NJ 08540

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Earn from this home

Sell

$2,518,853

Est. take-home

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Est. cash available

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Rent

$5,129/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

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460 Sayre Dr, Princeton, NJ 08540
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3D WALKTHROUGH
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FOR SALE BY OWNER
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See all

Provided by Redfin

Sale history for 40 Carter Rd

Year

Property tax

Land + Additions

Assessment*

2025

$70,291 (+2.2%)

$207,000 + $2,013,900

$2,220,900

2024

$68,803 (+256.7%)

$207,000 + $2,013,900

$2,220,900

2014

$19,288 (+50.0%)

$378,600 + $357,600

$736,200

2013

$12,862 (+4.2%)

$378,600 + $357,600

$736,200

2012

$12,345 (+4.6%)

$126,300 + $148,700

$275,000

2011

$11,803 (+1.1%)

$128,100 + $146,900

$275,000

2010

$11,671 (+4.3%)

$128,100 + $146,900

$275,000

2009

$11,190

$128,100 + $146,900

$275,000

Tax history for 40 Carter Rd

Year

Property tax

Land + Additions

Assessment*

2025

$70,291 (+2.2%)

$207,000 + $2,013,900

$2,220,900

2024

$68,803 (+256.7%)

$207,000 + $2,013,900

$2,220,900

2014

$19,288 (+50.0%)

$378,600 + $357,600

$736,200

2013

$12,862 (+4.2%)

$378,600 + $357,600

$736,200

2012

$12,345 (+4.6%)

$126,300 + $148,700

$275,000

2011

$11,803 (+1.1%)

$128,100 + $146,900

$275,000

2010

$11,671 (+4.3%)

$128,100 + $146,900

$275,000

2009

$11,190

$128,100 + $146,900

$275,000

*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

2 Acres

Year renovated

—

Sq. Ft.

7,060

Year built

2017

Style

Ranch

County

Mercer County

APN

0706601 00023

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 Open Parking Spaces: 3

Interior

Bathroom Information
# of Bathrooms (Full) On Main Level: 2
# of Bathrooms (Full): 2

Interior Information
Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Refrigerator
Entry Location: Foyer
Flooring Type: Wood
Interior Features: Master Bath(s), Kitchen - Island, Attic/House Fan, Central Vacuum, Exposed Beams, Stall Shower, Kitchen - Eat-In
Wall & Ceiling Types: Cathedral Ceilings

Room Information
# of Rooms: 8
Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
Laundry Type: Basement

Fireplace Information
Has Fireplace
# of Fireplaces: 2
Brick

Basement Information
Basement: Yes
Fully Finished, Full, Outside Entrance

Exterior

Property Information
Improvement Assessed Value: $146,900
Ownership Interest: Fee Simple
Year Built Source: Estimated

Building Information
Construction Not Completed
Construction Materials: Wood Siding, Brick
Main Entrance Orientation: Southwest
Outdoor Living Structures: Deck(s)
Roof: Metal
Structure Type: Detached
Other Structures: Barn/Farm Building

Exterior Information
Outside Shower

Lot Information
Lot Features: Level, Trees/Wooded, Front Yard, Rear Yard, SideYard(s)
Lot Size Dimensions: 435 X 1229 IR
Tidal Water: No

Land Information
Land Assessed Value: $128,100

Financial

Tax Information
Tax Assessed Value: $275,000
Tax Year: 2011
Tax Annual Amount: $11,803

Utilities

Utilities Information
Central Air
Cooling Type: Central A/C
Underground
Oil, Propane, Radiator, Baseboard, Zoned, Programmable Thermostat
Heating Fuel: Oil, Bottled Gas/Propane
Hot Water: Oil
Sewer Septic: On Site Septic
Cable TV
Water Source: Well

Location

School Information
School District Name: LAWRENCE TOWNSHIP PUBLIC SCHOOLS

Location Information
Cross Street: CARTER
Directions: Rt 206 to Carter Road; travel 3/10th's of a mile; turn right onto lane; follow road straight and stay right to the very end - house on left
Municipality: LAWRENCE TWP

Public facts

Beds: —
Baths: —
Sq. Ft.: 7,060
Stories: 1.0
Lot Size: 2 acres
Style: Ranch
Year Built: 2017
Year Renovated: —
County: Mercer County
APN: 0706601 00023

Home facts updated by county records on Jul 13, 2026

Around this home

Schools

Lawrenceville Elementary School

Public PreK-3 • Assigned • 1.6mi

6/10

Lawrence Middle School

Public 7-8 • Assigned • 3.7mi

8/10

Lawrence High School

Public PreK-12 • Assigned • 3.6mi

7/10

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

3/10 Fire Factor

0.31% chance of being 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

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

$2.98M – $3.60M

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Home values near 40 Carter Rd

Data from public records.

Address	Redfin Estimate
42 Carter Road #A, Princeton, NJ 4 Beds \| 3.5 Baths \| 5662 Sq. Ft.	$1,767,863
38 Carter Road #A, Princeton, NJ 4 Beds \| 4 Baths \| 4540 Sq. Ft.	$1,454,418

Address	Redfin Estimate
44 Carter Road, Princeton, NJ - Beds \| - Baths \| 2918 Sq. Ft.	$797,474
36 Carter Road, Princeton, NJ 6 Beds \| 4 Baths \| 3421 Sq. Ft.	$940,324

Address	Redfin Estimate
42 Carter Road, Princeton, NJ - Beds \| - Baths \| 4807 Sq. Ft.	$1,616,222
26 Carter Road, Princeton, NJ - Beds \| - Baths \| 3531 Sq. Ft.	$1,178,526

Property information provided by BRIGHT MLS when last listed in 2012. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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