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.
Sold for $2,600,000
$2,600,000
12-14 Murray Pl, Princeton, NJ 08540
10beds
6baths
5,760sqft
Triplex
Built in 1870
-- sqft lot
$2,582,300 Zestimate®
$451/sqft
$3,547 Estimated rent
Home value
$2,582,300
$2.35M - $2.87M
$3,547/mo
Zestimate® history
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$18,477/mo
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Zillow last checked:
Listing updated:
Listed by:
Helen Sherman 609-915-1216,
BHHS Fox & Roach - Princeton
Bought with:
Helen Sherman, RS301524
BHHS Fox & Roach - Princeton
Source: Bright MLS,MLS#: NJME2067602
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Basement
- Area: 1500
Heating
- Radiator, Natural Gas, Electric
Cooling
- Ductless, Electric
Appliances
- Included: Microwave, Built-In Range, Dryer, Exhaust Fan, Refrigerator, Range Hood, Washer, Dishwasher, Gas Water Heater
- Laundry: Dryer In Unit, Washer In Unit
Features
- Additional Stairway, Dry Wall, Plaster Walls
- Flooring: Hardwood, Laminate, Wood
- Windows: Double Hung, Storm Window(s)
- Basement: Full,Unfinished
- Number of fireplaces: 6
Interior area
- Total structure area: 7,260
- Total interior livable area: 5,760 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, On Street
- Uncovered spaces: 4
Accessibility
- Accessibility features: None
Features
- Patio & porch: Porch, Patio, Wrap Around
- Exterior features: Sidewalks, Street Lights, Chimney Cap(s), Balcony
- Pool features: None
- Has view: Yes
- View description: Garden, Street
Lot
- Size: 8,276 Square Feet
- Dimensions: 70 x 117
- Features: Landscaped, Level, Private, Rear Yard, Downtown
Details
- Additional structures: Above Grade
- Parcel number: 1400051 0200040
- Zoning: R3
- Zoning description: 3 Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Triplex
Materials
- Frame
- Foundation: Stone
- Roof: Slate,Asphalt
Condition
- Excellent
- New construction: No
- Year built: 1870
- Major remodel year: 2022
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Water Available, Sewer Available, Natural Gas Available, Electricity Available, Fiber Optic
Community & HOA
Location
- Region: Princeton
- Municipality: PRINCETON
Financial & listing details
- Price per square foot: $451/sqft
- Tax assessed value: $1,424,600
- Annual tax amount: $38,934
- Date on market: 10/21/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- 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.
- Ownership: Fee Simple
- Total actual rent: 195384
- Income includes: Apartment Rentals
- Road surface type: Black Top
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Sold | $2,600,000-3.7%$451/sqft |
Source:  Bright MLS #NJME2067602 Report a problem | ||
| 1/4/2026 | Listed for sale | $2,700,000$469/sqft |
Source: Bright MLS #NJME2067602 Report a problem | ||
| 11/10/2025 | Listing removed | $2,700,000$469/sqft |
Source: Bright MLS #NJME2067602 Report a problem | ||
| 10/21/2025 | Listed for sale | $2,700,000+40.2%$469/sqft |
Source: Bright MLS #NJME2067602 Report a problem | ||
| 2/9/2022 | Sold | $1,925,287-1.3%$334/sqft |
Source: Public Record Report a problem | ||
| 7/11/2019 | Listing removed | $5,400$1/sqft |
Source: Callaway Henderson Sotheby's International Realty #NJME266978 Report a problem | ||
| 3/23/2019 | Listed for rent | $5,400$1/sqft |
Source: Callaway Henderson Sotheby's International Realty #NJME266978 Report a problem | ||
| 11/15/2018 | Listing removed | $1,950,000$339/sqft |
Source: Callaway Henderson Sotheby's International Realty #1000263722 Report a problem | ||
| 3/14/2018 | Listed for sale | $1,950,000$339/sqft |
Source: Callaway Henderson Sotheby's International Realty #1000263722 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $37,937 | $1,424,600 |
| 2024 | $37,937 +34% | $1,424,600 |
| 2023 | $28,322 | $1,424,600 +22.7% |
| 2022 | $28,322 +1.6% | $1,161,200 |
| 2021 | $27,886 -2.8% | $1,161,200 +0.8% |
| 2020 | $28,704 +1.7% | $1,152,300 -4.8% |
| 2019 | $28,220 +1.4% | $1,210,100 |
| 2018 | $27,832 +5.5% | $1,210,100 |
| 2017 | $26,378 +2.8% | $1,210,100 +3.9% |
| 2016 | $25,666 +3.2% | $1,165,100 +0.4% |
| 2015 | $24,867 +2.5% | $1,160,300 +2% |
| 2014 | $24,253 +1.2% | $1,138,100 |
| 2013 | $23,957 +3.1% | $1,138,100 |
| 2012 | $23,229 -8.3% | $1,138,100 |
| 2011 | $25,332 | $1,138,100 |
Find assessor info on the county website
Neighborhood: 08540
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Nearby schools
GreatSchools rating
- 9/10Riverside Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 9/10J Witherspoon Middle SchoolGrades: 6-8Distance: 0.7 mi
- 8/10Princeton High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Riverside E.s.
- Middle: John Witherspoon M.s.
- High: Princeton H.s.
- District: Princeton Regional Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,582,300
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Estimated market value
$2,582,300
- New Jersey
- Mercer County
- Princeton
- 08540
- 12-14 Murray Pl
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