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601 Prospect Ave, PRINCETON, NJ

$12,000,000 - 2 Beds - 4 Baths - 10,000 Sqft - 18.47 Acres

This is one of Princeton's most beautiful remaining tracts of land offering spectacular views of and access to Lake Carnegie in the coveted Riverside section. Originally a private residence, this gracious stone-sheathed manor home was built in 1914. When the non-profit research firm, Textile Research Institute, sought expansion and closer collaboration with universities after World War II, it purchased this estate in Princeton, a town which was attracting many new research and development companies. TRI-Princeton preserved the stately residence creating within its walls meeting rooms and offices, and the institution has remained a responsible caretaker for this beautiful estate for the past 70 years. The estate's land, originally including more acreage, now encompasses 18.47 acres featuring groves of specimen trees, broad expansive lawns, and a gentle slope to Lake Carnegie. The property is zoned R-5, which allows for the creation of 1/2 acre lots and is easily accessible with broad frontage on both Riverside Drive and Prospect Avenue. The stone manor house can be re-purposed once again or removed depending on the vision of the purchaser. The possibilities are limitless.

Essential Information

For 601 Prospect Ave, PRINCETON, NJ
  • MLS® # 1005948467
  • Price $12,000,000
  • Bedrooms 2
  • Bathrooms 4.00
  • Full Baths 3
  • Half Baths 2
  • Square Footage 10,000
  • Acres 18.47
  • Year Built 1914
  • Type Residential
  • Sub-Type Detached
  • Style Traditional
  • Status Active

Community Information

For 601 Prospect Ave, PRINCETON, NJ
  • Address 601 Prospect Ave
  • Area Princeton (21114)
  • Subdivision RIVERSIDE
  • City PRINCETON
  • County MERCER-NJ
  • State NJ
  • Zip Code 08540

Amenities

For 601 Prospect Ave, PRINCETON, NJ
  • Is Waterfront Yes
  • Waterfront Lake

Interior

For 601 Prospect Ave, PRINCETON, NJ
  • Heating Gas, Radiator
  • Cooling Central A/C, Wall Unit
  • Has Basement Yes
  • Basement Full
  • Fireplace Yes
  • # of Fireplaces 1
  • Fireplaces Non-Functioning
  • # of Stories 3
  • Stories 3+ Story

Exterior

For 601 Prospect Ave, PRINCETON, NJ
  • Exterior Stone
  • Exterior Features Patio
  • Roof Pitched

Lot Description

For 601 Prospect Ave, PRINCETON, NJ

Open, Trees/Wooded, Subdivision Possible

School Information

For 601 Prospect Ave, PRINCETON, NJ
  • District PRINCETON REGIONAL SCHOOLS
  • Elementary RIVERSIDE
  • Middle J WITHERSPOON
  • High PRINCETON

Additional Information

For 601 Prospect Ave, PRINCETON, NJ
  • Listing Office Callaway Henderson Sotheby's
  • Date Listed August 1st, 2018
  • Days on Market 169
  • Zoning R-5

The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Jack Realty Group are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2019.

Listing information last updated on January 16th, 2019 at 7:32pm EST.