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.
For sale
$2,895,000
23 Derwent Dr, Princeton, NJ 08540
5beds
5,256sqft
Single Family Residence
Built in 1998
0.71 Acres Lot
$2,808,300 Zestimate®
$551/sqft
$173/mo HOA
What's special
- 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#: NJME2076672
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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
Zestimate®
$2,808,300
Estimated sales range
$2.67M - $2.95M
Rent Zestimate®
$7,250/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Listed for sale | $2,895,000+126.2%$551/sqft |
Source: | ||
| 8/21/2004 | Sold | $1,280,000+67.5%$244/sqft |
Source: Public Record Report a problem | ||
| 9/10/1998 | Sold | $764,248$145/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $809,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 08540
Nearby schools
GreatSchools rating
- 8/10Johnson Park SchoolGrades: PK-5Distance: 1 mi
- 9/10J Witherspoon Middle SchoolGrades: 6-8Distance: 2.2 mi
- 8/10Princeton High SchoolGrades: 9-12Distance: 2.2 mi
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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