Princeton, NJ 08540 0 Basin St

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Presented By: Home Journey Realty
  • MLS# NJME2060958
  • 06/11/2025
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Home Details

Prime Investment Opportunity in the Heart of PrincetonTwo 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 Princetons 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.
Presented By: Home Journey Realty

General for 0 Basin St

Additional Parcels DescriptionPlease see the additional lot included. MLS #
Additional Parcels Y/NYes
CityPRINCETON
CountyMERCER
Current UseLand/Lot Only
DirectionsAlexander St to Basin St
HOANo
Lot Size Square Feet16143.00
Lot Size UnitsSquare Feet
MLS AreaPrinceton (21114)
ModificationTimestamp2025-06-11T16:19:56
MunicipalityPRINCETON
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG80.53
Property SubtypeLand
Property TypeLand
School DistrictPRINCETON REGIONAL SCHOOLS
SewerPublic Hook/Up Avail
Standard StatusActive
StatusACTIVE
Tax Annual Amount1970.0
Tax Assessed Value74000.0
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
ZoningR9

Exterior for 0 Basin St

Lot Size Acres0.37
Lot Size SourceEstimated
Navigable Water Y/NNo
Water Oriented Y/NNo
Water SourcePublic Hook-up Available
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $1,300,000
MLS#NJME2060958
List Date 06/11/2025
Property Type Land
Phone 703.929.4729
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