A corner lot of 1.76 acres in a gorgeous section of Princeton known as The Ridge could be the site of your brand new home. Natural beauty prevails in this area, where wooded roads wind past rock formations and impressive, custom-built residences. Currently, a 4-bedroom ranch, in need of repair, stands on the site, but plans have already been approved for new construction offering over 7,000 square feet of living space. These plans can be shared, you can bring your own vision to life or you can renovate and expand on the existing house. No matter what you choose, you will love the screen of tall trees that embraces the back and side yards in leafy privacy. Driveway aprons open to both Cherry Hill and the quiet circle of Bouvant Drive, allowing you to also choose your new home’s main approach. With public water and sewer lines in place, variances granted and plans in hand, this project could get started right away!
Single-familyProperty Type
1952Year Built
1.76 acresLot Size
Listed by Debbie McAuliffe• Callaway Henderson Sotheby's Int'l-Princeton
•609-921-1050 (broker)
•info@callawayhenderson.com (broker)
Bought with Susan DiMeglio• Callaway Henderson Sotheby's Int'l-Princeton
A corner lot of 1.76 acres in a gorgeous section of Princeton known as The Ridge could be the site of your brand new home. Natural beauty prevails in this area, where wooded roads wind past rock formations and impressive, custom-built residences. Currently, a 4-bedroom ranch, in need of repair, stands on the site, but plans have already been approved for new construction offering over 7,000 square feet of living space. These plans can be shared, you can bring your own vision to life or you can renovate and expand on the existing house. No matter what you choose, you will love the screen of tall trees that embraces the back and side yards in leafy privacy. Driveway aprons open to both Cherry Hill and the quiet circle of Bouvant Drive, allowing you to also choose your new home’s main approach. With public water and sewer lines in place, variances granted and plans in hand, this project could get started right away!
Year
Property tax
Land + Additions
Assessment*
2025
$11,287 (+2.6%)
$413,000
2024
$10,998 (−19.1%)
$413,000
2023
$13,593 (+3.4%)
$413,000
2022
$13,150 (−8.7%)
$413,000 + $127,700
$540,700
2021
$14,407 (+0.8%)
$413,000 + $127,700
$540,700
2020
$14,295 (+2.0%)
$463,000 + $127,700
$590,700
2019
$14,011 (+1.7%)
$463,000 + $127,700
$590,700
2018
$13,775 (+1.4%)
$463,000 + $127,700
$590,700
2017
$13,586 (+1.6%)
$463,000 + $127,700
$590,700
2016
$13,373 (+3.6%)
$463,000 + $127,700
$590,700
2014
$12,906 (+2.5%)
$463,000 + $127,700
$590,700
2013
$12,588
$463,000 + $127,700
$590,700
2012
$12,591 (+4.1%)
$463,000 + $127,700
$590,700
2011
$12,099 (+1.4%)
$488,000 + $127,700
$615,700
2010
$11,926 (+34.7%)
$488,000 + $127,700
$615,700
2009
$8,856
$488,000 + $127,700
$615,700
Tax history for 516 Cherry Hill Rd
Year
Property tax
Land + Additions
Assessment*
2025
$11,287 (+2.6%)
$413,000
2024
$10,998 (−19.1%)
$413,000
2023
$13,593 (+3.4%)
$413,000
2022
$13,150 (−8.7%)
$413,000 + $127,700
$540,700
2021
$14,407 (+0.8%)
$413,000 + $127,700
$540,700
2020
$14,295 (+2.0%)
$463,000 + $127,700
$590,700
2019
$14,011 (+1.7%)
$463,000 + $127,700
$590,700
2018
$13,775 (+1.4%)
$463,000 + $127,700
$590,700
2017
$13,586 (+1.6%)
$463,000 + $127,700
$590,700
2016
$13,373 (+3.6%)
$463,000 + $127,700
$590,700
2014
$12,906 (+2.5%)
$463,000 + $127,700
$590,700
2013
$12,588
$463,000 + $127,700
$590,700
2012
$12,591 (+4.1%)
$463,000 + $127,700
$590,700
2011
$12,099 (+1.4%)
$488,000 + $127,700
$615,700
2010
$11,926 (+34.7%)
$488,000 + $127,700
$615,700
2009
$8,856
$488,000 + $127,700
$615,700
*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
—
Lot width
—
Lot depth
—
Lot size
1.76 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Mercer County
APN
1402201 00029
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
Property details
Parking
Parking Information
Driveway
Interior
Bedroom Information
# of Bedrooms On Main Level: 4
Bathroom Information
# of Bathrooms (Full) On Main Level: 3
# of Bathrooms (Full): 3
Interior Information
Living Area Sq.Ft. Source: Estimated
Basement Information
Basement: Yes
Full, Garage Access, Rear Entrance, Walkout Level
Exterior
Property Information
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
Construction Materials: Block
Foundation Details: Block
Other Structures: Above Grade
Structure Type: Detached
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No
Above Grade Information
Finished Sq.Ft. Source: Estimated
Financial
Tax Information
Tax Assessed Value: $540,700
Tax Year: 2022
Tax Annual Amount: $13,149
Utilities
Utilities Information
Cooling Type: Window Unit(s)
Baseboard - Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
School District Name: PRINCETON REGIONAL SCHOOLS
School District Source: Listing Agent
Location Information
Directions: Route 206 / State Road to Cherry Hill Road - OR - Cherry Valley Road to Cherry Hill Road
Municipality: PRINCETON
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 1.76 acres
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Mercer County
APN: 1402201 00029
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Community Park Elementary School
Public PreK-5 • Assigned • 1.4mi
8/10
J Witherspoon Middle School
Public 6-8 • Assigned • 1.6mi
9/10
Princeton High School
Public 9-12 • Assigned • 1.7mi
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
83
59
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
$1.16M – $1.40M
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