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$570,000
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Property Description
Perched on the top floor overlooking the beautiful grounds of Princeton University, this in-town one-bedroom condominium combines historic charm with modern convenience. The inviting living room welcomes you with a decorative fireplace, while the spacious bedroom and timeless black and white bathroom offers comfort and style complete with ample storage space to keep your home organized. With its central location, you'll be just steps away from Nassau Street shops, restaurants, cultural attractions and the university campus- all while enjoying the privacy and convenience of condominium living. Whether you're looking for a smart investment, a low maintenance residence, or the perfect pied-a-terre, this unique property captures the best of Princeton living.
Full Property Details
Full Property Details for 48 Nassau St #I
General
- Price: $570,000
- HOA FEE: $531/month
- Taxes: $9,067 (2024)
- Status: Under Contract
- Type: Townhouse
- Source: BrightMLSTriStates
- MLS ID: NJME2065708
- Updated: 12/29/2025
- Added to Site: 121 day(s) ago
Interior
- Rooms/Areas: Living Room, Kitchen, Bedroom 1, Bathroom 1
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Non-Functioning, Non-Functioning
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Basement, Common, Has Laundry
Additional Information
- Security/Safety: Main Entrance Lock, Resident Manager
Exterior
- Exterior Features: Exterior Lighting, Play Area, Sidewalks, Roof Deck, Street Lights
- Porch/Patio/Deck: Terrace, Roof
Location
- Area: Princeton (21114)
- Municipality: PRINCETON
- County: MERCER
- Development Name: Palmer Square
- Subdivision: Palmer Square
- Cross Streets: Palmer Square
- Driving Directions: Nassau Street, next to Ralph Lauren Store
- Location Details: Downtown
- Historic District: Yes
School Information
- School District: Princeton Regional Schools
- Elementary School: Community Park E.S.
- Middle School: Princeton
- High School: Princeton H.S.
Community
- Pets Allowed: Yes
- Pets: Number Limit
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Desc.: Other
- Foundation: Other
- Entry Floor Number: 4
- Stories Description: Main
- Square Feet: 500
- Sq. Ft. Source: Assessor
- Living Area: 500 Sq. Ft.
- Finished Above Grnd: 500 Sq. Ft.
- Year Built: 1932
- Year Built Source: Assessor
Lot Features
- Property View: Scenic Vista, Street
- Lot Size Source: Estimated
- Lot Dimensions: 0.00 x 0.00
- Street/Road Desc.: Black Top
- Zoning: CBCP
Financial Considerations
- Price Per Sq. Ft.: $1,140
- Condo Fee: $531
- Condo Fee Freq: Monthly
- Assessment Year: 2024
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $340,500
- Tax Amount: $9,067
- Tax Year: 2024
- Tax Total Finished Sq. Ft.: 500
Disclosures and Reports
- Ownership: Fee Simple
- Condo: Yes
- Exclusions: none
- Inclusions: none
- Lot Number: 00048 09
Listed by BHHS Fox & Roach - Princeton, Judith Stier
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Schools
Schools serving 48 Nassau St #I
School District:Princeton Public Schools
| Name | Grades | Distance |
|---|---|---|
Community Park Elementary School 372 Witherspoon Street, Princeton, NJ 08540 | PK-5 | 0.7 mi |
J Witherspoon Middle School 217 Walnut Lane, Princeton, NJ 08540 | 6-8 | 0.9 mi |
Princeton High School 151 Moore Street, Princeton, NJ 08540 | 9-12 | 0.6 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 48 Nassau St #I
Date
Details
Price
Change
Source
9/26/2025
Price Reduced
$570,000
-4.2%
MLS
9/19/2025
Listed
$595,000
57.62%
MLS
3/30/2016
Sold
$377,500
—
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 48 Nassau St #I
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,068
6%
$340,500
—
2023
$8,560
3%
$340,500
—
2022
$8,281
—
$340,500
—
2021
$8,305
1%
$340,500
—
2020
$8,240
4%
$340,500
—
2018
$7,940
-2%
$340,500
—
2019
$8,077
3%
$340,500
—
2017
$7,832
2%
$340,500
—
2016
$7,709
2%
$340,500
—
2015
$7,532
-7%
$340,500
—
2013
$8,108
—
$340,500
—
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 48 Nassau St #I
48 Nassau Street #I, Princeton, NJ 08542 (MLS# NJME2065708) is a Townhouse property with 1 bedroom and 1 full bathroom. 48 Nassau Street #I is currently listed for $570,000 and was received on September 19, 2025. Want to learn more about 48 Nassau Street #I? Do you have questions about finding other Townhouse real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.

