Nestled in a long-established and desirable neighborhood in Hopewell Township with a Princeton mailing address, this 3-bedroom, 2.5-bath brick-front Colonial presents an incredible opportunity to create your dream home. Ideally situated between Hopewell Borough and downtown Princeton, the location offers the perfect balance of convenient access to shopping, dining, and commuter routes. Set on a peaceful street surrounded by mature landscaping and well-maintained homes, this property is ready for its next chapter. The classic Colonial layout includes generously sized living spaces, a kitchen that flows into a large family room, a traditional floor plan, and great natural light throughout. The home’s solid structure and timeless design provide the perfect canvas for renovation and customization. Upstairs, you’ll find three bedrooms, including an expansive primary suite with an en-suite bath, and bonus room along with two additional bedrooms and a full bath. A convenient powder room is located on the main level. This home is ideal for buyers, investors, or renovators looking to bring their vision to life in a sought-after location. With strong upside potential and an unbeatable setting, this is a rare opportunity to invest in one of Mercer County’s most desirable areas.
Pre-foreclosure
Est. $782,100
5 Nelson Ridge Rd, Princeton, NJ 08540
3beds
2,638sqft
Single Family Residence
Built in 1978
1.38 Acres Lot
$782,100 Zestimate®
$296/sqft
$-- HOA
What's special
Great natural light throughoutBonus roomWell-maintained homesTraditional floor planGenerously sized living spaces
- 222 days
- 159
- 1
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Katharine Carter 609-903-9178,
Queenston Realty, LLC
Source: Bright MLS,MLS#: NJME2076538
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Oil
Cooling
- Central Air, Electric
Appliances
- Included: Water Heater
Features
- Flooring: Hardwood, Tile/Brick
- Basement: Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,638
- Total interior livable area: 2,638 sqft
- Finished area above ground: 2,638
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Built In, Driveway, Attached
- Attached garage spaces: 2
- Uncovered spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1.38 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0600040 0200006 17
- Zoning: R150
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Frame, Brick
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Private Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Princeton
- Municipality: HOPEWELL TWP
Financial & listing details
- Price per square foot: $296/sqft
- Tax assessed value: $603,000
- Annual tax amount: $19,602
- Date on market: 5/23/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Inclusions: All Appliances "as Is"
- Exclusions: Personal Property
- Ownership: Fee Simple
Foreclosure details
Estimated market value
$782,100
$743,000 - $821,000
$5,969/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Sold | $760,000-4.4%$288/sqft |
Source:  Bright MLS #NJME2076538 Report a problem | ||
| 7/27/2026 | Contingent | $795,000$301/sqft |
Source: Bright MLS #NJME2076538 Report a problem | ||
| 5/23/2026 | Listed for sale | $795,000+102.3%$301/sqft |
Source: Bright MLS #NJME2076538 Report a problem | ||
| 10/24/1998 | Sold | $393,000$149/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,337 +5.7% | $603,000 +5.7% |
| 2024 | $17,349 +1.6% | $570,500 |
| 2023 | $17,075 +0.8% | $570,500 |
| 2022 | $16,944 +2.5% | $570,500 +3% |
| 2021 | $16,534 +8.4% | $553,900 |
| 2020 | $15,256 +1.9% | $553,900 +5.7% |
| 2019 | $14,973 +2.8% | $523,900 |
| 2018 | $14,564 +2.5% | $523,900 |
| 2017 | $14,213 +2.2% | $523,900 |
| 2016 | $13,910 +2.1% | $523,900 |
| 2015 | $13,621 +3.3% | $523,900 |
| 2014 | $13,181 +3.8% | $523,900 |
| 2013 | $12,705 -6.7% | $523,900 |
| 2012 | $13,621 +5.1% | $523,900 -12.7% |
| 2011 | $12,955 +4.8% | $600,300 |
| 2010 | $12,360 -8.3% | $600,300 |
| 2009 | $13,479 +4.8% | $600,300 -11.1% |
| 2008 | $12,865 -0.5% | $675,300 |
| 2007 | $12,925 | $675,300 +94.5% |
| 2006 | -- | $347,200 |
| 2005 | -- | $347,200 |
| 2004 | $10,555 | $347,200 |
| 2003 | -- | $347,200 |
| 2002 | -- | $347,200 |
| 2001 | -- | $347,200 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 08540
Nearby schools
Schools provided by the listing agent
- District: Hopewell Valley 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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