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$2,700,000

  • For Sale
  • Active
  • Single Family
  • 7,260 Sq. Ft.
  • Updated 13 hours ago
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Location, location, location-set in Princeton's highly sought-after Riverside neighborhood, this distinguished Victorian 3-Unit offers an exceptional walk-to-town lifestyle just steps from coffee shops, acclaimed restaurants, the post office, top-rated schools, and Princeton's vibrant cultural and athletic venues. A truly rare opportunity for the discerning investor or owner-occupant, this fully renovated residence delivers strong rental demand and an impressive net operating income. Thoughtfully reimagined in 2022, each unit was meticulously updated with modern kitchens, refreshed baths, newer appliances, upgraded split HVAC systems, and three separate furnaces, ensuring comfort, efficiency and ease of management. The generously sized residences include a 5-bedroom / 3-bath, 3-bedroom / 2-bath and a 2-bedroom / 1-bath layout. The property has been maintained, painted inside and out and is truly turnkey. Ideal for an owner-occupant, the expansive 5-bedroom unit is fully available (past rent of $7800/mo), while the two remaining apartments are currently leased, generating nearly $8,500 per month in rental income. Completing the offering is a convenient driveway parking and permitted street parking, immediate access to the NYC bus line, and close proximity to the Princeton Junction train station. Blending historic charm with modern updates and prime location, this exceptional triplex is a standout addition to any sophisticated real estate portfolio.

Full Property Details for 12-14 Murray Pl

General

  • Price: $2,700,000
  • Taxes: $38,934 (2024)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSTriStates
  • MLS ID: NJME2067602
  • Updated: 1/17/2026
  • Added to Site: 88 day(s) ago

Interior

  • Number of Rooms: 17
  • Interior Features: Additional Stairway, Wood Floors
  • Fireplace: Yes
  • Number of Fireplaces: 6
  • Fireplace(s): Non-Functioning, Non-Functioning
  • Appliances: Built-In Microwave, Built-In Range, Dryer, Exhaust Fan, Microwave, Refrigerator, Range Hood, Washer, Dishwasher
  • Flooring: Hardwood, Laminated

Rooms

Other Rooms

  • Laundry: Dryer In Unit, Washer In Unit

Exterior

  • Exterior Features: Sidewalks, Street Lights, Chimney Cap(s)
  • Porch/Patio/Deck: Porch(es), Balcony, Patio(s), Wrap Around

Parking

  • Total Spaces: 4
  • Parking Features: Paved Driveway
  • Parking Type: Driveway, On Street

Location

  • Area: Princeton (21114)
  • Municipality: PRINCETON
  • County: MERCER
  • Cross Streets: Nassau
  • Driving Directions: Nassau Street to Murray Place.
  • Location Details: Downtown

School Information

  • School District: Princeton Regional Schools
  • Elementary School: Riverside E.S.
  • Middle School: John Witherspoon M.S.
  • High School: Princeton H.S.

Heating & Cooling

  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas, Electric
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV, Water Available, Sewer Available, Natural Gas Available, Electric Available

Structural Information

  • Architectural Style: Victorian
  • Structure Type: Detached
  • Construction: Frame
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Foundation: Stone
  • Roof: Slate, Asphalt
  • Walls/Ceilings: Dry Wall, Plaster Walls
  • Windows: Double Hung, Storm
  • Stories/Levels: 3
  • Square Feet: 7,260
  • Sq. Ft. Source: Estimated
  • Living Area: 5,760 Sq. Ft.
  • Finished Above Grnd: 5,760 Sq. Ft.
  • Year Built: 1870
  • Year Built Source: Estimated
  • Property Condition: Excellent

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 3
  • 2 Bedroom Units: 1
  • 3 Bedroom Units: 1

Additional Structures

  • Other Structures: Shed

Lot Features

  • Property View: Garden/Lawn, Street
  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,276
  • Lot Size Source: Estimated
  • Lot Dimensions: 70 x 117
  • Street/Road Desc.: Black Top
  • Lot Features: Landscaping, Level, Private, Rear Yard
  • Zoning: R3
  • Lot Description: Landscaping, Level, Private, Rear Yard

Financial Considerations

  • Price Per Sq. Ft.: $468.75
  • Operating Expenses: $49,287
  • Assessment Year: 2025
  • County Tax Freq: Annually
  • Tax w/Assessment: $1,424,600
  • Tax Amount: $38,934
  • Tax Year: 2024
  • Owner Pays: Insurance, Lawn/Shrub Care, Sewer, Taxes - Real Estate, Water
  • Landlord Pays: Insurance, Lawn/Shrub Care, Sewer, Taxes - Real Estate, Water

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: All appliances, fixtures and shed as exist. Fireplaces and chimneys are decorative (non-functioning due to rental status) and all are in "as is" condition.
  • Lot Number: 40

Listed by BHHS Fox & Roach - Princeton, Helen H Sherman

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Listing agent

— 12-14 Murray Pl —

  • Helen H Sherman

    BHHS Fox & Roach - Princeton

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 12-14 Murray Pl

School District:Princeton Public Schools
NameGradesDistance
Riverside Elementary School, Princeton, NJ
58 Riverside Drive, Princeton, NJ 08540
PK-50.7 mi
J Witherspoon Middle School
217 Walnut Lane, Princeton, NJ 08540
6-80.7 mi
Princeton High School
151 Moore Street, Princeton, NJ 08540
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12-14 Murray Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/21/2025
Listed
$2,700,000
40.24%
MLS
1/27/2022
Sold
$1,925,287
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 12-14 Murray Pl

Year
Property Taxes
Change
Tax Assessment
Change
2024
$37,937
34%
$1,424,600
—
2022
$28,240
—
$1,424,600
23%
2021
$28,322
2%
$1,161,200
—
2020
$27,886
-3%
$1,161,200
1%
2019
$28,704
2%
$1,152,300
-5%
2018
$28,220
1%
$1,210,100
—
2017
$27,832
6%
$1,210,100
4%
2016
$26,378
3%
$1,165,100
—
2015
$25,666
-11%
$1,160,300
-4%
2019
$28,704
18%
$1,210,100
6%
2013
$24,253
—
$1,138,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by BHHS Fox & Roach - Princeton, Helen H Sherman

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12-14 Murray Place, Princeton, NJ 08540 (MLS# NJME2067602) is a Single Family property with 0 bedrooms and 0 full bathrooms. 12-14 Murray Place is currently listed for $2,700,000 and was received on October 21, 2025. Want to learn more about 12-14 Murray Place? Do you have questions about finding other Single Family real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.

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