This home's estimate is 8.7% higher than the average sale price ($1.49M) of 6 comparable homes.
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516 Mt Lucas, Princeton, NJ 08540
About this home
The perfect house is difficult to find, and to actually live in one, is a once in a lifetime opportunity. Massive walls of windows, skillfully executed design elements, and gleaming oak floors combine to provide a feeling of luxury. The open floor plan lends itself to entertaining, yet the cleverly placed rooms provide privacy when desired. Fireplaces create warmth on a snowy evening, as well as providing a dramatic focal point which you can enjoy every day. The main bedroom has a huge walk-in closet, built-ins and windows. Ensuite, of course. No matter where you look, there is always something special to see, and something special to enjoy. Skylights, walls of glass, shoji screens, dramatic beams -- every creature comfort can be yours. The basement, beautifully finished, has built-ins and tile floor, as well as a bonus room and full bath. One of the most enchanting features is the huge bluestone terrace, partly covered by huge beams interspersed with translucent panels enabling you to appreciate the beautiful plantings achieved by years of professional care and attention. This is truly one very special house!
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Market trends in 08540, NJ
Last updated July 2026
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Sale history for 516 Mt Lucas
$399/sq ft
$385/sq ft
$151/sq ft
$156/sq ft
$52/sq ft
$15/sq ft
Tax history for 516 Mt Lucas
*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
- # of Attached Garage Spaces: 2
- Garage Features: Garage - Side Entry
- # of Total Garage and Parking Spaces: 8
- Has Garage
- # of Garage Spaces: 2
- Driveway - # of Spaces: 6
- Crushed Stone
- Attached Garage, Driveway
Interior
- Bedroom Information
- # of Bedrooms On 1st Upper Level: 1
- # of Bedrooms On Main Level: 3
- Bathroom Information
- # of Bathrooms (Full) On 1st Upper Level: 1
- # of Bathrooms (Half) On Main Level: 1
- # of Bathrooms (Full) On Main Level: 2
- # of Bathrooms (Full) On 1st Lower Level: 1
- # of Bathrooms (Full) On All Upper Levels: 1
- # of Bathrooms (Full) On All Lower Levels: 1
- # of Bathrooms (Half): 1
- # of Bathrooms (Full): 4
- Interior Information
- Living Area Sq.Ft. Source: Assessor
- Room Information
- Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Study, Great Room, Laundry, Recreation Room, Bonus Room, Master Bathroom
- Laundry Type: Main Floor
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 3
- Brick, Double Sided
- Basement Information
- Basement: Yes
- Full, Partially Finished
Exterior
- Property Information
- Total Below Grade Sq. Ft.: 0
- Improvement Assessed Value: $477,600
- Ownership Interest: Fee Simple
- Property Condition: Excellent
- Year Built Source: Assessor
- Building Information
- Construction Materials: Frame
- Foundation Details: Block
- Other Structures: Above Grade, Below Grade
- Outdoor Living Structures: Patio(s)
- 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: $375,000
- Above Grade Information
- Finished Sq.Ft.: 3,633
- Finished Sq.Ft. Source: Assessor
- Below Grade Information
- Unfinished Sq.Ft. Source: Assessor
- Finished Sq.Ft. Source: Assessor
Financial
- Tax Information
- Tax Assessed Value: $852,600
- Tax Year: 2025
- Tax Annual Amount: $23,301
- Assessments Information
- Year Assessed: 2025
Utilities
- Utilities Information
- Central Air
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Sewer Septic: Public Sewer
- Water Source: Public
- Municipal Trash: Yes
Location
- School Information
- Elementary School: LITTLEBROOK E.S.
- Middle Or Junior School: JOHN WITHERSPOON M.S.
- High School: PRINCETON H.S.
- School District Name: PRINCETON REGIONAL SCHOOLS
- Elementary School Source: Listing Agent
- Middle School Source: Listing Agent
- High School Source: Listing Agent
- School District Source: Listing Agent
- Location Information
- Cross Street: Ewing St
- Directions: Ewing Rd to Mt Lucas Rd. Mt Lucas Rd might be closed for construction. Follow the detour signs if necessary.
- Municipality: PRINCETON
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 3,633
- Stories: 1.0
- Lot Size: 1 acres
- Style: Single Family Residential
- Year Built: 1989
- Year Renovated: —
- County: Mercer County
- APN: 1404202 00003
Around this home
Schools
Public PreK-5 • Assigned • 1.4mi
Public 6-8 • Assigned • 1.2mi
Public 9-12 • Assigned • 1.4mi
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, 13 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 516 Mt Lucas
| Address | Redfin Estimate |
|---|---|
5 Beds | 4 Baths | - Sq. Ft. | $1,978,774 |
3 Beds | 2.5 Baths | 1784 Sq. Ft. | $885,286 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 3628 Sq. Ft. | $1,165,609 |
4 Beds | 2.5 Baths | 1784 Sq. Ft. | $879,086 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | - Sq. Ft. | $1,099,060 |
3 Beds | 2 Baths | 1872 Sq. Ft. | $826,800 |
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