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$12,000,000

601 Prospect Avenue
Princeton, NJ 08540

For Sale|Land|Active Under Contract
Subdivision:
RIVERSIDE
County:
Mercer-Nj
Call Now: 301.861.0006
Is this the home for you? We can help make it yours.
301.861.0006
601 Prospect Avenue601 Prospect Avenue601 Prospect Avenue601 Prospect Avenue
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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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Listing Snapshot
Price
$12,000,000
Days Online
440 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Partial Baths
N/A
Lot Size
18.47 Acres
Year Built
N/A
MLS Number
1005948591
Property Tax
$75,120
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS
3 months agoStatus changed to Active Under Contract
a year agoListing first seen online
General Features
Water
Public
Sewer
Public Sewer
Utilities
Water AvailableNatural Gas AvailableElectric Available
Zoning
R-5
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Exterior Features
Body of Water
Carnegie Lake
View
WaterLakeScenic VistaTrees/WoodsPasture
Road
Paved
Lot Features
Subdivision PossibleCornerPartly WoodedRoad FrontagePremium
Schools
School District
PRINCETON REGIONAL SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Provided Courtesy Of: Callaway Henderson Sotheby's Int'l-Princeton

The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

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Copyright 2019 Bright MLS. All rights reserved.
Data Last Updated on Tue Oct 15 2019 22:30:00
Neighborhood & Commute
Source: Walkscore
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