Here's an opportunity to invest in Princeton with the advantage of a separate income producing apartment/cottage. This charming three-bedroom, 1.5 bath solidly-built stucco ranch offers lovely vintage details, updated kitchen cabinets and appliances and many other important improvements. Enter the ranch's recently painted interior to find hardwood flooring, a living room with fireplace and three bright bedrooms served by a large full bath with separate shower and tub. The property comes with a detached rental - a one-bedroom, one-bath cottage apartment ($1150 monthly) which can be the basis for financing expansion for the ranch or paying taxes or even reducing the mortgage more quickly. The cottage could also serve as guest quarters for extended family or a private home office or studio. The ranch and the cottage each have their own driveway and the lovely treed 1.2-acre lot has an expansive lawn for recreation. Enjoy a convenient location, just minutes to the Princeton Shopping Center, downtown and Princeton University.
Single-familyProperty Type
1949Year Built
1.22 acresLot Size
3 spacesParking
Listed by Martha Jane Weber• Callaway Henderson Sotheby's Int'l-Princeton
•609-921-1050 (broker)
•info@callawayhenderson.com (broker)
Bought with Christine Alleyne• Weichert Realtors - Princeton
Cozy 3 bedroom, 1.5 bath ranch home located in Princeton. Original hardwood flooring throughout. 3 cozy bedrooms. Full basement. No dining area, but eat in kitchen. Home situated on 1 acre of land. Cottage with 1 bedroom in back that is being rented....
Home and cottage each have separate driveways.
9 years ago• May not reflect the current state of the home
Merrilyn Ayala
Redfin Associate agent
3 bedroom 1.5 bath ranch located in Princeton. Hardwood floors. Well maintained. Cottage in back that feaures 1 bedroom. Near major roadways and shopping.
9 years ago• May not reflect the current state of the home
Megan Sullivan
Redfin Associate agent
Sale history for 403 Mount Lucas Rd
Date
Event
Price
TREND #7059722
Apr 17, 2018
Sold
$615,000
Jan 25, 2018
Contingent
—
Nov 20, 2017
Price Changed
$639,000
Sep 27, 2017
Listed
$659,000
+20
BRIGHT MLS #1001252711
Apr 17, 2018
Sold
$615,000
Mar 1, 2018
Pending
—
Mar 1, 2018
Price Changed
$639,000
Sep 27, 2017
Listed
$659,000
Public Records
Feb 20, 2014
Sold
$528,000
TREND #6022978
Apr 29, 2013
Sold
$528,000
Apr 21, 2013
Pending
—
Apr 19, 2013
Sold
$528,000
Oct 25, 2012
Pending
—
Oct 1, 2012
Relisted
—
Oct 1, 2012
Delisted
—
Jul 17, 2012
Price Changed
$530,000
Jun 4, 2012
Price Changed
$550,000
May 18, 2012
Price Changed
$555,000
Mar 13, 2012
Listed
$595,000
TREND #6039341
Apr 29, 2013
Sold
$528,000
Nov 5, 2012
Pending
—
Oct 1, 2012
Relisted
—
Oct 1, 2012
Delisted
—
Jul 17, 2012
Price Changed
$530,000
Jun 4, 2012
Price Changed
$550,000
May 18, 2012
Price Changed
$555,000
Mar 13, 2012
Listed
$595,000
+15
BRIGHT MLS #1003883252
Apr 29, 2013
Sold
$528,000
Oct 25, 2012
Listing Removed
—
Mar 13, 2012
Listed
$530,000
BRIGHT MLS #1003924910
Apr 29, 2013
Sold
$528,000
Oct 25, 2012
Listing Removed
—
Mar 13, 2012
Listed
$530,000
BRIGHT MLS #1009128810
Feb 13, 2012
Listing Removed
—
Aug 4, 2010
Listed
$650,000
Year
Property tax
Land + Additions
Assessment*
2025
$15,310 (+2.6%)
$397,000 + $163,200
$560,200
2024
$14,918 (+5.9%)
$397,000 + $163,200
$560,200
2023
$14,083 (+3.4%)
$397,000 + $163,200
$560,200
2022
$13,624 (−0.3%)
$397,000 + $163,200
$560,200
2021
$13,663 (+0.8%)
$397,000 + $163,200
$560,200
2020
$13,557 (+2.0%)
$397,000 + $163,200
$560,200
2019
$13,288 (+1.7%)
$397,000 + $163,200
$560,200
2018
$13,064 (+1.4%)
$397,000 + $163,200
$560,200
2017
$12,885 (+1.6%)
$397,000 + $163,200
$560,200
2016
$12,682 (+3.6%)
$397,000 + $163,200
$560,200
2014
$12,240 (+2.5%)
$397,000 + $163,200
$560,200
2013
$11,938 (+9.0%)
$397,000 + $163,200
$560,200
2012
$10,956 (+4.3%)
$397,000 + $163,200
$560,200
2011
$10,508 (−3.2%)
$397,000 + $163,200
$560,200
2010
$10,851 (+21.3%)
$397,000 + $163,200
$560,200
2009
$8,947
$397,000 + $163,200
$560,200
Tax history for 403 Mount Lucas Rd
Year
Property tax
Land + Additions
Assessment*
2025
$15,310 (+2.6%)
$397,000 + $163,200
$560,200
2024
$14,918 (+5.9%)
$397,000 + $163,200
$560,200
2023
$14,083 (+3.4%)
$397,000 + $163,200
$560,200
2022
$13,624 (−0.3%)
$397,000 + $163,200
$560,200
2021
$13,663 (+0.8%)
$397,000 + $163,200
$560,200
2020
$13,557 (+2.0%)
$397,000 + $163,200
$560,200
2019
$13,288 (+1.7%)
$397,000 + $163,200
$560,200
2018
$13,064 (+1.4%)
$397,000 + $163,200
$560,200
2017
$12,885 (+1.6%)
$397,000 + $163,200
$560,200
2016
$12,682 (+3.6%)
$397,000 + $163,200
$560,200
2014
$12,240 (+2.5%)
$397,000 + $163,200
$560,200
2013
$11,938 (+9.0%)
$397,000 + $163,200
$560,200
2012
$10,956 (+4.3%)
$397,000 + $163,200
$560,200
2011
$10,508 (−3.2%)
$397,000 + $163,200
$560,200
2010
$10,851 (+21.3%)
$397,000 + $163,200
$560,200
2009
$8,947
$397,000 + $163,200
$560,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
1.22 Acres
Year renovated
—
Sq. Ft.
1,927
Year built
1949
Style
Single Family Residential
County
Mercer County
APN
1404301 00009
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
Property details
Parking
Parking Information
# of Total Garage and Parking Spaces: 3
# of Open Parking Spaces: 3
Driveway
Interior
Virtual Tour
Bathroom Information
# of Bathrooms (Half): 1
# of Bathrooms (Full): 1
Interior Information
Appliances: Dishwasher
Flooring Type: Wood, Vinyl
Interior Features: CeilngFan(s), Kitchen - Eat-In
Room Information
Living Room, Master Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
Laundry Type: Basement
Fireplace Information
Has Fireplace
# of Fireplaces: 1
Basement Information
Basement: Yes
Full, Unfinished
Exterior
Property Information
Improvement Assessed Value: $163,200
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
Construction Materials: Stucco, Block
Outdoor Living Structures: Patio(s)
Structure Type: Detached
Lot Information
Lot Size Dimensions: 1.22
Tidal Water: No
Land Information
Land Assessed Value: $397,000
Financial
Tax Information
Tax Assessed Value: $560,200
Tax Year: 2017
Tax Annual Amount: $12,885
Utilities
Utilities Information
Cooling Type: Wall Unit
Gas, Hot Water
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
Elementary School: LITTLEBROOK
High School: PRINCETON
School District Name: PRINCETON REGIONAL SCHOOLS
Location Information
Cross Street: HARRISON
Directions: North Harrison to North on Mount Lucas
Municipality: PRINCETON
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,927
Stories: 1.0
Lot Size: 1.22 acres
Style: Single Family Residential
Year Built: 1949
Year Renovated: —
County: Mercer County
APN: 1404301 00009
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Littlebrook School
Public PreK-5 • Assigned • 1.3mi
10/10
J Witherspoon Middle School
Public 6-8 • Assigned • 0.9mi
9/10
Princeton High School
Public 9-12 • Assigned • 1.1mi
8/10
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
5/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Princeton, NJ • 08540
Average low and high temperatures (°F)
35
20
40
23
58
35
66
43
73
52
83
61
89
68
84
62
78
57
69
44
56
36
41
24
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
$958,000 – $1.16M
Reach more buyers when you sell with Redfin. Save up to $10,083 in fees.3 minutes to get started.