601 Prospect Avenue

    Princeton, NJ 08540
    • $12,000,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: 7229049
    UPDATED: 115 min ago
    $12,000,000
    • 0
      BEDS
    • 18.47
      ACRES
    • 2
      BATHS
    • 3
      1/2 BATHS
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1914
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing courtesy of Callaway Henderson Sotheby's Int'l-Princeton.

    Description

    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.

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    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-16T23:56:17.993.
    www.scottkompa.com/homes/86273930

    601 Prospect Avenue Princeton, NJ 08540

    • Price: $12,000,000
    • Status: Active
    • Updated: 115 min ago
    • ID#: 7229049
    0
    Beds
    2
    Baths
    3
    ½ Baths
    18.47
    Acres
    1914
    Built
    Neighborhood:
    Riverside
    County:
    Mercer
    Area:
    Princeton (21114)
    Elementary School:
    Riverside E.S.
    Middle School:
    John Witherspoon M.S.
    High School:
    Princeton H.S.
    School District:
    Princeton Regional
    Property Description
    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.
    Exterior Features

    Design 3+Story Exterior StoneOther Garage No Garage Spaces No Garage Location Types Lake Lot Description Open LotTrees/WoodedSubdivposslo Lot Dimensions 18.47 ACRES Parking Parking Lot Pool No Pool Type No Pool Porch Deck Patio Roof Pitched Roof Structure List 2Ndhouse Styles Traditional Water Front Yes Water Frontage 700

    Interior Features

    Attics Walk Up Attic Basement Yes Basement Type FullPartial Finished Central Air Yes Cooking Fuel Gas Cooking Cooling Central A/CWall Unit Dining Kitchen Eat-In Kitchen Dining Room No Family Room No Fireplace Yes Fireplace Count One Fireplace Fireplace Features Living Room/Great Room FireplaceNonfunctioning Fireplace Floor Tile/Brick Handicap None Heating GasRadiator Hot Water Natural Gas Interior Features 9+ Ft. Ceilings Laundry Type Basement Laundry Main Entrance Foyer Other Room One Name Meeting Room List Living RoomKitchenOther Room 1Great RoomProfessional Off Total Rooms 18

    Property Features

    Condo Association No Cross Street Riverside Dr Farm No HOA No Housing For Older Persons No Lot Number 00002-00004 New Construction No Property Condition As-Is Sewer Septic Public Sewer Tax Year 2017 Total Assessment 6287100.0 Total Taxes 75120.0 Type Detached Water Public Zoning Code R-5



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-16T23:56:17.993.
     
    Remax Preferred | Scott Kompa Group
    408 Swedesboro Rd
    Mullica Hill NJ, 08062
    Listing courtesy of Callaway Henderson Sotheby's Int'l-Princeton.