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$3,750,000 Coming Soon

  • For Sale
  • Coming Soon
  • Single Family
  • 7 Beds
  • 7 Full Baths
  • 1 Partial Bath
  • 3 Car Garage
  • Updated 2 days ago
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On a corner lot in the heart of the famous Western Section, a mere half-mile from bustling downtown and Princeton University's world-class campus, astonishing artistry and a fascinating history combine for a home like no other. As refined as it appears from the courtyard entry, it only gets more impressive as you continue through the array of rooms discovering storied mantelpieces, carved woodwork and imported fixtures along the way. The deep grounds also never fail to surprise and delight all who are lucky enough to spend a day relaxing by the Roman-style pool or dining on the stone terrace. The lawn and formal garden have even hosted tented celebrations for hundreds with ease. The 1840 house welcomes you into the foyer, where a mural's softly colored tree branches reach toward an unusually high ceiling. The living room is large enough for a combination of seating areas or even billiards, as the current set-up shows. Pocket doors allow a view of the library's elaborately detailed woodwork while seated in the classically styled dining room. Plenty of sunshine and radiant heat keep the marble-clad family room from ever feeling chilly. New quartz countertops freshen up the crisp white kitchen with a wealth of storage around every turn. A breezeway connects the three-car garage and leads to a pool house like no other, where glass and crystal creations custom-made in Paris by the artisans of Lalique conjure a magical underwater fantasy world. Carved sea creatures whimsically watch over the gathering space served by a full kitchen, wine cellar and bathrooms worthy of Poseidon himself! Above, a playroom/gym provides plenty of space for healthy indoor recreation. The upper levels of the main house hold seven bedrooms served by five baths. The largest and airiest of those bedrooms radiate from the light-filled landing, along with an office beyond fanlight-topped pocket doors. The main suite has it all: dressing room, fireplace, marble bath, sunroom and a deck overlooking a trickling water feature and stunning trees that put on an autumnal show. This is your chance to leave your mark on one of the Western Section's finest showplaces. The property's tax assessment has been reduced.

Full Property Details for 240 Library Pl

General

  • Price: $3,750,000
  • Taxes: $81,282 (2025)
  • Status: Coming Soon
  • Type: Single Family
  • Source: BrightMLSTriStates
  • MLS ID: NJME2074774
  • Updated: 4/1/2026
  • Added to Site: 2 day(s) ago
  • Expected Market Date: 4/7/2026

Interior

  • Rooms/Areas: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Library, Foyer, Breakfast Room, Sun/Florida Room, Exercise Room, Great Room, Laundry, Other, Office, Bedroom 6, Additional Bedroom
  • Interior Features: Primary Bath(s), Butlers Pantry, Skylight(s), Wet/Dry Bar, Bathroom - Stall Shower, Dining Area, Breakfast Area, Cedar Closet(s), Crown Moldings, Curved Staircase, Pantry, Recessed Lighting, Bathroom - Soaking Tub, Bathroom - Tub Shower, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wine Storage, Wood Floors, Additional Stairway, Built-Ins, Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet
  • Fireplace: Yes
  • Number of Fireplaces: 5
  • Appliances: Cooktop, Oven - Wall, Oven - Double, Oven - Self Cleaning, Dishwasher, Refrigerator, Dryer, Extra Refrigerator/Freezer, Stainless Steel Appliances, Washer
  • Flooring: Wood, Ceramic Tile, Tile/Brick, Heated, Marble

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Upper 2 - Full Baths: 2
  • Upper Floor Baths: 5
  • Upper - Full Baths: 5
  • Main Floor Baths: 3
  • Main - Full Baths: 2
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 7
  • Bedrooms Upper: 7
  • Bedrooms-Up2: 2

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Spa: Yes
  • Security/Safety: Security System

Exterior

  • Exterior Features: Hot Tub, Lawn Sprinkler
  • Porch/Patio/Deck: Patio(s), Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 3
  • Parking Features: Gravel Driveway
  • Parking Type: Driveway, Attached Garage
  • Garage Description: Inside Access

Location

  • Area: Princeton (21114)
  • Municipality: PRINCETON
  • County: MERCER
  • Development Name: Western
  • Subdivision: Western
  • Cross Streets: Cleveland Lane
  • Driving Directions: Stockton Street to Library Place.

School Information

  • School District: Princeton Regional Schools
  • Middle School: Princeton
  • High School: Princeton

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Zoned
  • Cooling Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial
  • Structure Type: Detached
  • Construction: Stucco
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation: Stone, Block
  • Roof: Metal, Slate
  • Walls/Ceilings: 9'+ Ceilings, Vaulted Ceilings
  • Stories Description: Main, Upper 1, Upper 2
  • Sq. Ft. Source: Estimated
  • Year Built: 1840
  • Year Built Source: Assessor

Lot Features

  • Lot Size (Acres): 1.05
  • Lot Size (Sq. Ft.): 45,738
  • Lot Size Source: Estimated
  • Lot Dimensions: 0.00 x 0.00
  • Lot Features: Corner, Level, Front Yard, Rear Yard, SideYard(s)
  • Zoning: RESIDENTIAL
  • Lot Description: Corner, Level, Front Yard, Rear Yard, SideYard(s)
  • Fencing (Description): Partially

Financial Considerations

  • Assessment Year: 2026
  • Tax w/Assessment: $2,560,000
  • Tax Amount: $81,282
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: See Listing Agent
  • Inclusions: Refrigerator, washer. dryer

Listed by Callaway Henderson Sotheby's Int'l-Princeton, Maura Mills

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Listing agent

— 240 Library Pl —

  • Maura Mills

    Callaway Henderson Sotheby's Int'l-Princeton

Listing Office Email: info@callawayhenderson.com

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

Price & Sales History for 240 Library Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/01/2026
Listed
$3,750,000
11.94%
MLS
2/07/2005
Sold
$3,350,000
—
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 240 Library Pl

Year
Property Taxes
Change
Tax Assessment
Change
2024
$84,526
9%
$2,974,100
-6%
2022
$77,194
—
$3,174,100
—
2021
$77,416
1%
$3,174,100
—
2020
$76,813
4%
$3,174,100
—
2018
$74,020
1%
$3,174,100
—
2017
$73,004
3%
$3,174,100
1%
2016
$71,194
-5%
$3,144,600
-1%
2019
$75,290
8%
$3,174,100
1%
2015
$69,559
4%
$3,144,600
—
2013
$67,011
—
$3,144,600
—
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 Callaway Henderson Sotheby's Int'l-Princeton, Maura Mills

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240 Library Place, Princeton, NJ 08540 (MLS# NJME2074774) is a Single Family property with 7 bedrooms, 7 full bathrooms and 1 partial bathroom. 240 Library Place is currently listed for $3,750,000 and was received on April 01, 2026. Want to learn more about 240 Library 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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