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$949,000 Just Listed
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Property Description
Nestled on the charming Murray Place, this well-appointed duplex offers the perfect blend of classic character and modern livability - ideal for owner-occupants and savvy investors alike. Step inside to discover a thoughtfully designed, open-concept first floor where a generous family and dining area flows effortlessly into the kitchen - perfect for entertaining or everyday living. The large eat-in kitchen is a true standout, bathed in natural light and featuring a French door that open directly onto a private yard, offering a rare outdoor retreat in the middle of one of New Jersey's most sought-after downtowns. The second floor presents three bedrooms and a full bathroom, providing comfortable and versatile living arrangements. You will also find the laundry room on the second floor. Ascend to the fully finished third floor, where two additional bedrooms and a second full bathroom create a flexible space ideal for guests, or a home office suite. Completing this exceptional offering is a private driveway accommodating two vehicles - a coveted amenity in downtown Princeton where parking is at a premium. With Nassau Street's world-class dining, boutique shopping, Princeton University's storied campus, and NJ Transit all just steps away. Murray Place puts everything Princeton has to offer right at your doorstep. This duplex is an opportunity not to be missed.
Full Property Details
Full Property Details for 40 Murray Pl
General
- Price: $949,000
- Taxes: $16,225 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSTriStates
- MLS ID: NJME2077600
- Updated: 5/24/2026
- Added to Site: 3 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper 2 - Full Baths: 1
- Upper Floor Baths: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 5
- Bedrooms-Up2: 2
Additional Information
- Shared Amenities: None
Parking
- Total Spaces: 2
- Parking Type: Driveway
Location
- Area: Princeton (21114)
- Municipality: PRINCETON
- County: MERCER
- Development Name: Riverside
- Subdivision: Riverside
- Driving Directions: Nassau St to Murray Pl
School Information
- School District: Princeton Regional Schools
- Elementary School: Riverside E.S.
- Middle School: John Witherspoon M.S.
- High School: Princeton H.S.
Community
- Assoc. Fees Include: Insurance
Heating & Cooling
- Cooling Type: Wall Unit
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Structure Type: Twin/Semi-Detached
- Construction: Other
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Other
- Stories Description: Upper 1, Upper 2
- Square Feet: 2,233
- Sq. Ft. Source: Estimated
- Living Area: 2,233 Sq. Ft.
- Finished Above Grnd: 2,233 Sq. Ft.
- Year Built: 1880
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,454
- Lot Size Source: Estimated
- Lot Dimensions: 41.00 x 133.00
- Zoning: R3
Financial Considerations
- Price Per Sq. Ft.: $424.99
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $593,700
- Tax Amount: $16,225
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Chimney and fireplace sold strictly as is.
- Lot Number: 24
Listed by Queenston Realty, LLC, Ingela Kostenbader
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Schools
Schools serving 40 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 |
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 40 Murray Pl
Date
Details
Price
Change
Source
5/22/2026
Listed
$949,000
35.57%
MLS
7/01/2016
Sold
$700,000
—
Public Record
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
Tax History for 40 Murray Pl
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,810
17%
$593,700
—
2022
$13,466
—
$593,700
7%
2021
$13,505
1%
$553,700
—
2020
$13,400
4%
$553,700
—
2018
$12,912
-2%
$553,700
—
2019
$13,134
3%
$553,700
—
2017
$12,735
21%
$553,700
19%
2016
$10,537
2%
$465,400
—
2015
$10,295
1%
$465,400
—
2014
$10,169
—
$465,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 Murray Pl
40 Murray Place, Princeton, NJ 08540 (MLS# NJME2077600) is a Single Family property with 5 bedrooms and 2 full bathrooms. 40 Murray Place is currently listed for $949,000 and was received on May 22, 2026. Want to learn more about 40 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.

