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For sale
  • $2,895,000

    23 Derwent Dr, Princeton, NJ 08540

    5beds
    5,256sqft
    : 
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    Single Family Residence
    Built in 1998
    0.71 Acres Lot
    $2,808,300 Zestimate®
    $551/sqft
    $173/mo HOA

    What's special

    Within the Pond View enclave, moments from downtown Princeton and the area’s top-rated schools, this extensively expanded home delivers generous living spaces, a long list of recent upgrades and exceptional flexibility, including a choice of primary suites. Freshly repointed and painted, the exterior sets a polished tone. Inside, oversized rooms feel bright and welcoming thanks to transom windows, recessed lighting and stylish modern fixtures. The 2-story living room and dining room flow together for seamless entertaining, while the kitchen offers double ovens, a Wolf cooktop, Sub-Zero fridge, island seating and a sunny breakfast bay - all within view of the family room’s showstopping stone fireplace. Wood beams emphasize the dramatic cathedral ceiling and add unforgettable character. In the opposite wing, an office joins the original primary suite boasting a massive walk-in closet and a bath updated in 2024 to include a Grohe shower tower. Upstairs, an additional suite, two more bedrooms, a crisp white hall bath and a cheerful laundry room join the spectacular second primary retreat, complete with a sitting area, a cozy new electric fireplace and a dedicated dressing room. Its spa-like bath is finished with basketweave marble tile, custom crystal lighting, a slipper tub and another Grohe shower tower. The finished basement adds even more living space with high ceilings, large windows and distinct spaces for fitness, media and guests. A full kitchen, freshly renovated full bath and exterior door make this level especially adaptable. Additional perks include a stone-tiled mudroom off the finished garage and two elevated decks, including one with a hot tub for evenings under the stars. Systems were continuously upgraded and a generator furthers peace of mind.
    60 days
    |
    419
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Rizk 609-203-4807,

    Callaway Henderson Sotheby's Int'l-Princeton,

    Co-Listing Agent: Ellie Deardorff 609-658-4999,

    Callaway Henderson Sotheby's Int'l-Princeton

    Source: Bright MLS,MLS#: NJME2076672MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Rooms
      • Room types: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Breakfast Room, Bedroom 1, Exercise Room, Laundry, Office, Bathroom 1, Bathroom 2, Bathroom 3, Additional Bedroom
      Other
      • Level: Lower
      • Area: 286 Square Feet
      • Dimensions: 22 X 13
      Bedroom 1
      • Features: Flooring - HardWood, Walk-In Closet(s)
      • Level: Main
      • Area: 378 Square Feet
      • Dimensions: 27 X 14
      Bedroom 2
      • Features: Fireplace - Electric, Walk-In Closet(s), Window Treatments, Primary Bedroom - Sitting Area
      • Level: Upper
      • Area: 684 Square Feet
      • Dimensions: 19 X 36
      Bedroom 3
      • Features: Bathroom - Tub Shower
      • Level: Upper
      • Area: 168 Square Feet
      • Dimensions: 12 X 14
      Bedroom 4
      • Level: Upper
      • Area: 196 Square Feet
      • Dimensions: 14 X 14
      Bedroom 5
      • Level: Upper
      • Area: 210 Square Feet
      • Dimensions: 14 X 15
      Bathroom 1
      • Features: Bathroom - Walk-In Shower, Soaking Tub
      • Level: Main
      • Area: 143 Square Feet
      • Dimensions: 13 X 11
      Bathroom 1
      • Level: Lower
      • Area: 50 Square Feet
      • Dimensions: 5 X 10
      Bathroom 2
      • Features: Bathroom - Walk-In Shower, Soaking Tub
      • Level: Upper
      • Area: 180 Square Feet
      • Dimensions: 15 X 12
      Bathroom 3
      • Level: Upper
      • Area: 117 Square Feet
      • Dimensions: 13 X 9
      Breakfast room
      • Features: Flooring - HardWood
      • Level: Main
      • Area: 200 Square Feet
      • Dimensions: 20 X 10
      Dining room
      • Level: Main
      • Area: 195 Square Feet
      • Dimensions: 15 X 13
      Exercise room
      • Level: Lower
      • Area: 252 Square Feet
      • Dimensions: 14 X 18
      Family room
      • Features: Fireplace - Gas, Cathedral/Vaulted Ceiling, Flooring - HardWood
      • Level: Main
      • Area: 357 Square Feet
      • Dimensions: 17 X 21
      Family room
      • Level: Lower
      • Area: 342 Square Feet
      • Dimensions: 19 X 18
      Foyer
      • Features: Flooring - HardWood
      • Level: Main
      • Area: 180 Square Feet
      • Dimensions: 10 X 18
      Kitchen
      • Features: Built-in Features, Granite Counters, Flooring - Solid Hardwood, Kitchen Island, Kitchen - Gas Cooking, Eat-in Kitchen
      • Level: Main
      • Area: 238 Square Feet
      • Dimensions: 14 X 17
      Kitchen
      • Level: Lower
      • Area: 255 Square Feet
      • Dimensions: 17 X 15
      Laundry
      • Level: Upper
      • Area: 55 Square Feet
      • Dimensions: 5 X 11
      Living room
      • Features: Fireplace - Gas, Cathedral/Vaulted Ceiling
      • Level: Main
      • Area: 440 Square Feet
      • Dimensions: 22 X 20
      Mud room
      • Features: Built-in Features
      • Level: Main
      • Area: 102 Square Feet
      • Dimensions: 6 X 17
      Office
      • Features: Balcony Access
      • Level: Main
      • Area: 210 Square Feet
      • Dimensions: 14 X 15
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Natural Gas
      Appliances
      • Included: Gas Water Heater
      • Laundry: Upper Level, Laundry Room, Mud Room
      Features
      • 2nd Kitchen, Attic, Soaking Tub, Bathroom - Walk-In Shower, Breakfast Area, Built-in Features, Combination Dining/Living, Combination Kitchen/Dining, Crown Molding, Entry Level Bedroom, Exposed Beams, Family Room Off Kitchen, Open Floorplan, Eat-in Kitchen, Kitchen - Gourmet, Kitchen Island, Recessed Lighting, Walk-In Closet(s)
      • Flooring: Hardwood
      • Windows: Bay/Bow, Double Pane Windows, Transom
      • Basement: Finished,Rear Entrance,Walk-Out Access
      • Number of fireplaces: 3
      • Fireplace features: Stone, Gas/Propane
      Interior area
      • Total structure area: 5,256
      • Total interior livable area: 5,256 sqft
      • Finished area above ground: 5,256
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Front, Paved, Attached
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Patio & porch: Deck
      • Exterior features: Tennis Court(s), Underground Lawn Sprinkler
      • Pool features: None
      • Has spa: Yes
      • Spa features: Hot Tub
      Lot
      • Size: 0.71 Acres
      • Features: Backs to Trees, Landscaped
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 140350200004
      • Zoning: RES
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Stone
      • Foundation: Block
      • Roof: Asbestos Shingle
      Condition
      • Excellent
      • New construction: No
      • Year built: 1998
      • Major remodel year: 2010

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Underground Utilities

      Community & HOA

      Community
      • Subdivision: Pond View
      HOA
      • Has HOA: Yes
      • Amenities included: Tennis Court(s), Jogging Path
      • Services included: Common Area Maintenance
      • HOA fee: $2,070 annually
      Location
      • Region: Princeton
      • Municipality: PRINCETON

      Financial & listing details

      • Price per square foot: $551/sqft
      • Tax assessed value: $1,433,600
      • Annual tax amount: $39,180
      • Date on market: 5/12/2026
      • Listing agreement: Exclusive Right To Sell
      • Inclusions: All Attached Lighting Fixtures (with Exception Of Dining Room Chandelier) & Window Treatments
      • Exclusions: Dining Room Chandelier (to Be Replaced By Sellers). All Personal Possessions
      • Ownership: Fee Simple

        Estimated market value

        $2,808,300

        $2.67M - $2.95M

        $7,250/mo

        Price history

        DateEventPrice
        5/13/2026Listed for sale$2,895,000+126.2%$551/sqft
        Source: Bright MLS #NJME2076672 Report a problem
        8/21/2004Sold$1,280,000+67.5%$244/sqft
        Source: Public Record Report a problem
        9/10/1998Sold$764,248$145/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$38,177 $1,433,600
        2024$38,177 +9.2%$1,433,600
        2023$34,966 $1,433,600
        2022$34,966 +0.8%$1,433,600
        2021$34,693 +2%$1,433,600
        2020$34,005 +1.7%$1,433,600
        2019$33,432 +1.4%$1,433,600
        2018$32,973 +1.6%$1,433,600
        2017$32,457 +2.4%$1,433,600
        2016$31,711 +1.2%$1,433,600
        2015$31,324 -3.9%$1,433,600
        2014$32,583 +4.2%$1,433,600 -6.2%
        2013$31,268 +4.1%$1,529,000
        2012$30,045 +1.4%$1,529,000
        2011$29,617 +2.3%$1,529,000 +3.4%
        2010$28,959 +1.7%$1,478,900 +85.3%
        2009$28,464 +1.1%$798,200
        2008$28,160 +4.2%$798,200 -1.4%
        2007$27,027 $809,200
        2006-- $809,200
        2005-- $809,200
        2004$22,577 $809,200
        2003-- $809,200
        2002-- $809,200
        2001-- $809,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 08540

        Getting around

        6 / 100
        Car-Dependent
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Johnson Pa
        • 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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