12-14 Murray Place, Princeton, NJ 08540 - Photo 1

1/1

$2,600,000

Sold
Closed
Single Family
7,260 Sq. Ft.
Updated 3 days ago

1/1

Property Description

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 refinished or new flooring, 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 to occupy 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

Full Property Details for 12-14 Murray Pl

General

Sold For: $2,600,000
Taxes: $38,934 (2025)
Status: Closed
Type: Single Family
Source: BrightMLSTriStates
MLS ID: NJME2067602
Added to Site: 204 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: 2025
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 and Sold 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

Listing Office Email: wendy.merkovitz@foxroach.com

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Schools

Schools serving 12-14 Murray Pl

School District:Princeton Public Schools

Name	Grades	Distance
Riverside Elementary School, Princeton, NJ 58 Riverside Drive, Princeton, NJ 08540	PK-5	0.7 mi
J Witherspoon Middle School 217 Walnut Lane, Princeton, NJ 08540	6-8	0.7 mi
Princeton High School 151 Moore Street, Princeton, NJ 08540	9-12	0.5 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12-14 Murray Pl

Date

Details

Price

Change

Source

5/08/2026

Sold

$2,600,000

-3.7%

MLS

10/21/2025

Listed

$2,700,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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12-14 Murray Place, Princeton, NJ 08540 (MLS# NJME2067602) is a Single Family property that was sold at $2,600,000 on May 08, 2026. 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.

12-14 Murray Pl Princeton, NJ 08540