This home's estimate is 18.4% higher than the average sale price ($1.28M) of 6 comparable homes.
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518 State Rd, Princeton, NJ 08540
About this home
A tremendous amount of natural light fills this classically renovated home, where openly flowing, freshly painted spaces have a calm and luminous feel that surpasses expectations. Woodsy surroundings create a leafy backdrop for summer days spent out on the deck and lend privacy to the front formal rooms with big picture windows. Gorgeous renovated bathrooms, a renovated kitchen and hardwood floors, some of which are brand new and a perfect match to existing refinished areas, offer a move-right-in experience. A wet bar with wine fridge bridges the skylit, 2-story family room and the eat-in kitchen just redone in white Quartz, textured tile and stainless steel. Having a main level full bath opens up added possibilities for a study and a corner great room, which you might use as play space one day and guest quarters the next. This big bonus space adds so much valuable square footage, as does the finished, multi-room basement. With yet another full bath and glass doors to the outside, it's easy to envision a portion of the lower level as a second option for the ultimate work-from-home refuge. You will surely be impressed with the many main suite amenities: a gas fireplace, balcony, double walk-ins and a gloriously sunlit shower of enormous proportions. A hall bath updated in marble serves 3 more bedrooms. The seconds-from-everything location will save you valuable time when doing everything from running errands to enjoying a night on the town! Top-ranked Princeton public schools are under 2 miles away and Princeton University is just a half-mile further. Some photos are virtually staged.
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Market trends in 08540, NJ
Last updated July 2026
Buyer's Market
Seller's Market
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Sale history for 518 State Rd
$290/sq ft
$290/sq ft
$304/sq ft
$276/sq ft
$303/sq ft
$331/sq ft
$304/sq ft
$331/sq ft
$317/sq ft
$328/sq ft
$497/sq ft
$384/sq ft
$497/sq ft
$166/sq ft
$166/sq ft
$117/sq ft
$32/sq ft
Tax history for 518 State Rd
*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: Basement Garage, Garage - Side Entry, Garage Door Opener, Inside Access
- # of Total Garage and Parking Spaces: 9
- Has Garage
- # of Garage Spaces: 2
- Driveway - # of Spaces: 7
- Attached Garage, Driveway
Interior
- Virtual Tour
- Bedroom Information
- # of Bedrooms On 1st Upper Level: 4
- Bathroom Information
- # of Bathrooms (Full) On 1st Upper Level: 2
- # of Bathrooms (Full) On Main Level: 1
- # of Bathrooms (Full) On 1st Lower Level: 1
- # of Bathrooms (Full) On All Upper Levels: 2
- # of Bathrooms (Full) On All Lower Levels: 1
- # of Bathrooms (Full): 4
- Interior Information
- Appliances: Built-In Microwave, Dishwasher, Dryer, Stainless Steel Appliances, Built-In Range
- Flooring Type: Hardwood
- Interior Features: Breakfast Area, Butlers Pantry, CeilngFan(s), Crown Moldings, Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Master Bath(s), Recessed Lighting, Stall Shower, Walk-in Closet(s), Wood Floors, Bar, Built-Ins, Curved Staircase, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Studio, Tub Shower, Upgraded Countertops, Wet/Dry Bar
- Living Area Sq.Ft. Source: Estimated
- Room Information
- # of Rooms: 14
- Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Library, Foyer, Exercise Room, Great Room, Office, Recreation Room, Utility Room, Master Bathroom, Full Bath
- Laundry Type: Main Floor
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 2
- Gas/Propane, Wood
- Basement Information
- Basement: Yes
- Fully Finished, Walkout Level
Exterior
- Property Information
- Not Federal Flood Zone
- Total Below Grade Sq. Ft.: 0
- Improvement Assessed Value: $584,000
- Ownership Interest: Fee Simple
- Year Built Source: Assessor
- Year Major Reno/Remodel: 2022
- Building Information
- Construction Materials: Brick, Wood Siding
- Foundation Details: Block
- Other Structures: Above Grade
- Outdoor Living Structures: Deck(s)
- Pets Allowed: Yes
- Pet Restrictions: No Pet Restrictions
- Roof: Asphalt
- Structure Type: Detached
- Exterior Information
- Exterior Lighting
- Lot Information
- Lot Features: Front Yard, Landscaping, Partly Wooded, Private, Rear Yard, SideYard(s), Stream/Creek
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Assessor
- Tidal Water: No
- Land Information
- Land Assessed Value: $299,900
- Above Grade Information
- Finished Sq.Ft. Source: Estimated
- Below Grade Information
- Unfinished Sq.Ft. Source: Assessor
Financial
- Tax Information
- Tax Assessed Value: $883,900
- Tax Year: 2021
- Tax Annual Amount: $21,558
- Assessments Information
- Year Assessed: 2021
Utilities
- Utilities Information
- Central Air
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Sewer Septic: On Site Septic
- Water Source: Public
Location
- School Information
- Elementary School: COMMUNITY PARK
- Middle Or Junior School: PRINCETON
- High School: PRINCETON
- 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: Cherry Valley Road
- Directions: Nassau Street to Bayard Lane/State Road.
- Municipality: PRINCETON
Public facts
- Beds: 4
- Baths: 4.0
- Sq. Ft.: 3,621
- Stories: 2.0
- Parking Spaces: 9
- Basement: Yes
- Accessible: No
- Lot Size: 1.48 acres
- Style: Single Family Residential
- Year Built: 1991
- Year Renovated: —
- County: Mercer County
- APN: 1402501 00025
- HOA Dues: —
- Garage: Yes
- Features: —
Around this home
Schools Places Transit
Public PreK-5 • Assigned • 1.5mi
Public 6-8 • Assigned • 1.4mi
Public 9-12 • Assigned • 1.6mi
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, 14 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 518 State Rd
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 2203 Sq. Ft. | $1,187,847 |
4 Beds | 3 Baths | 2349 Sq. Ft. | $1,156,546 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 2666 Sq. Ft. | $1,276,130 |
4 Beds | 2 Baths | - Sq. Ft. | $950,870 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 4.5 Baths | 3263 Sq. Ft. | $1,831,580 |
3 Beds | 1.5 Baths | 1352 Sq. Ft. | $656,359 |
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