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For sale
  • $1,399,000

    562 Prospect Ave, Princeton, NJ 08540

    5beds
    2,788sqft
    : 
    $9,304/mo
    Get pre-qualified
    Single Family Residence
    Built in 1962
    0.65 Acres Lot
    $-- Zestimate®
    $502/sqft
    $-- HOA

    What's special

    Landscaped gardenSpacious finished basementSerene wooded outlookGleaming hardwood floorsBeautiful built-in wet barAbundant natural lightMature landscaping
    Welcome to this spacious home set on an oversized corner lot in Princeton’s desirable Riverside neighborhood. From the moment you enter, gleaming hardwood floors and abundant natural light create a warm and inviting atmosphere. The generous living room features large windows framing a mature magnolia tree, alongside a landscaped garden, and a backdrop of neighboring trees that creates a serene, wooded outlook, while the adjacent dining room provides direct access to the expansive patio with a pizza oven—perfect for entertaining or relaxing outdoors. The property is further enhanced by an assortment of established fruit trees, including apple, cherry, pear, and peach, adding to the charm of the expansive outdoor setting. At the heart of the home, the welcoming eat-in kitchen flows seamlessly into a comfortable step-down family room, creating an inviting space for everyday living and gatherings. The well-designed layout offers four bedrooms and three full bathrooms on one side of the home, while the opposite end features a private bedroom suite with its own full bath—perfect for guests, an au pair, or extended family. In total, the home features four full bathrooms and one half bath. The spacious finished basement provides even more room to spread out and features a beautiful built-in wet bar, offering endless possibilities for a recreation room, home theater, gym, office, or entertaining space. A two-car garage adds convenience and ample storage. Ideally located in the sought-after Riverside section of Princeton, this home combines generous living spaces, an oversized lot, mature landscaping, and a wonderful sense of privacy, all within walking distance of Riverside Elementary School. A fantastic opportunity to enjoy comfortable living in one of Princeton’s most desirable neighborhoods.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Ingela Kostenbader 609-902-5302,

    Queenston Realty, LLC

    Source: Bright MLS,MLS#: NJME2082210MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 4
      • Main level bedrooms: 5
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • Central Vacuum, Cedar Closet(s)
      • Basement: Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 2,788
      • Total interior livable area: 2,788 sqft
      • Finished area above ground: 2,788
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      • Parking features: Garage Faces Side, Inside Entrance, Garage Door Opener, Attached, Driveway
      • Attached garage spaces: 2
      • Uncovered spaces: 4
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 0.65 Acres
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 140590200001
      • Zoning: R5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch/Rambler
      • Property subtype: Single Family Residence
      Materials
      • Other
      • Foundation: Other
      Condition
      • New construction: No
      • Year built: 1962

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Electric Alarm
      • Subdivision: Riverside
      HOA
      • Has HOA: No
      Location
      • Region: Princeton
      • Municipality: PRINCETON

      Financial & listing details

      • Price per square foot: $502/sqft
      • Tax assessed value: $852,900
      • Annual tax amount: $23,309
      • Date on market: 8/19/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/19/2026Listed for sale$1,399,000$502/sqft
        Source: Bright MLS #NJME2082210 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$22,713 $852,900
        2024$22,713 +9.2%$852,900
        2023$20,802 $852,900
        2022$20,802 +0.8%$852,900
        2021$20,640 +2%$852,900
        2020$20,231 +1.7%$852,900
        2019$19,890 +1.4%$852,900
        2018$19,617 +1.6%$852,900
        2017$19,310 +10.8%$852,900
        2016$17,426 +1.2%$852,900 +8.3%
        2015$17,213 +2.5%$787,800
        2014$16,788 -2%$787,800 -6%
        2013$17,133 +4.1%$837,800
        2012$16,463 -4.8%$837,800
        2011$17,299 +8.4%$837,800 -6.2%
        2010$15,960 +1.7%$893,100 +103%
        2009$15,687 +2.5%$439,900
        2008$15,309 +4.2%$439,900
        2007$14,693 $439,900
        2006-- $439,900
        2005-- $439,900
        2004$12,273 $439,900
        2003-- $439,900 -10.4%
        2002-- $490,800
        2001-- $490,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
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        Climate risks

        Neighborhood: 08540

        Getting around

        11 / 100
        Car-Dependent
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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