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409 Basin St, Princeton, NJ 08540
About this home
Prime Investment Opportunity in the Heart of Princeton, Two Lots Available 409 Basin Street, Princeton, NJ This property features a charming colonial-style two-family detached residence situated on a generous lot with 61 feet of street frontage and a depth of 191 feet. Each unit has its own electric utility meter, providing flexibility for investors or owner-occupants seeking rental income potential. The home spans approximately 1,808 square feet and is currently configured as two separate units: Unit A: 1 Bedroom, 1 Bathroom Unit B: 2 Bedrooms, 1 Bathroom 0 Basin Street (Rear Lot) Located directly behind 409 Basin Street, this parcel (Lot 008, Block 11503) encompasses approximately 0.37 acres and is situated within the R9 Zone. Both lots are in the Princeton Historical District and a prior remediated (NJDEP) site for a CERCLA removal. This lot is potentially buildable and offers significant development potential, subject to zoning and historical review approvals. Access would require an easement through the driveway of the front lot (409 Basin Street). Location Highlights: Minutes from Princeton University. Convenient to the Princeton Train Station, shopping, dining, and cultural attractions. This unique offering provides a rare opportunity to own or develop in one of Princeton’s most desirable locations. Whether you're looking to invest, develop, or create a custom residence, these two contiguous parcels present exceptional potential. Buyers are encouraged to conduct their own due diligence regarding development feasibility and zoning requirements.
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Around this home
Schools
- K - 12
- Preschool & daycare
Public PreK-5 • Assigned • 1.7mi
Public 6-8 • Assigned • 1.9mi
Public 9-12 • Assigned • 1.6mi
Lifestyle
Provided by Walk Score and Local Logic
Market insights
Property details
Parking
- Parking Information
- Driveway
Interior
- Interior Information
- Living Area Sq.Ft. Source: Assessor
- Basement Information
- Basement: Yes
- Partial
Exterior
- Property Information
- Total Below Grade Sq. Ft.: 0
- Improvement Assessed Value: $118,300
- Ownership Interest: Fee Simple
- Year Built Source: Assessor
- Building Information
- # of Levels (Total): 2
- # of Units (Total): 2
- Construction Materials: Vinyl Siding
- Foundation Details: Block
- 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: $242,000
- Above Grade Information
- Finished Sq.Ft.: 1,808
- Finished Sq.Ft. Source: Assessor
- Below Grade Information
- Unfinished Sq.Ft. Source: Assessor
- Finished Sq.Ft. Source: Assessor
Financial
- Tax Information
- Tax Assessed Value: $360,300
- Tax Year: 2024
- Tax Annual Amount: $9,594
- Assessments Information
- Year Assessed: 2024
Utilities
- Utilities Information
- Cooling Fuel: Electric
- Radiant
- Heating Fuel: Natural Gas
- Hot Water: Electric
- Sewer Septic: Public Sewer
- Water Source: Public
View estimated energy costs and solar savings for this home
Location
- Multi Unit Information
- # of Single Room Units: 3
- # of One Bedroom Units: 1
- # of Two Bedroom Units: 1
- Other Units: Unit 1,Unit 2
- School Information
- School District Name: PRINCETON REGIONAL SCHOOLS
- School District Source: Listing Agent
- Location Information
- Directions: Alexander St
- Municipality: PRINCETON
Public facts
- Beds: —
- Baths: —
- Finished Sq. Ft.: 1,808
- Unfinished Sq. Ft.: —
- Total Sq. Ft.: 1,808
- Stories: 2.0
- Lot Size: 0.27 acres
- Style: Single Family Residential
- Year Built: 1920
- Year Renovated: —
- County: Mercer County
- APN: 1411503 00002
Sale and tax history for 409 Basin St
- Sale History
- Tax History
$719/sq ft
$155/sq ft
Public record
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 102° expected this year, 15 days in 30 years
27% chance of strong winds in next 30 years
6 unhealthy days expected this year, 7 days in 30 years
Sun exposure
Very good sunlight
SunscoreThis home receives average direct sun exposure in Princeton. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Redfin Estimate for 409 Basin St
This home is pending
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