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Sold for $2,400,000
  • $2,400,000

    697 Prospect Ave, Princeton, NJ 08540

    3beds
    3,053sqft
    Single Family Residence
    Built in 1945
    0.47 Acres Lot
    $2,388,500 Zestimate®
    $786/sqft
    $7,016 Estimated rent

    Home value

    $2,388,500

    $2.13M - $2.68M

    $7,016/mo

    Zestimate® history
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    $17,024/mo

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    What's special

    Private dockArchitectural elementsSparkling poolWalk-out lower levelWalls of glassLakefront residenceVersatile multipurpose area
    This stunning lakefront residence, perfectly positioned along the shores of Lake Carnegie, offers panoramic water views, a private dock, and a sparkling pool—transforming everyday life into a year-round retreat. Thoughtfully designed to embrace its extraordinary setting, the home features walls of glass and an open-concept layout that frame picturesque vistas from nearly every room. Architectural elements blend form and function, creating generous spaces ideal for entertaining while maintaining a sense of warmth and intimacy—whether you're hosting a celebration or enjoying a quiet evening by the fireplace. The main level includes a large living room, family room, chef’s kitchen with large island, lake views & access to deck, open dining area, and a secluded study that offers peaceful productivity. Upstairs, the spacious primary suite continues the theme of light and lake views, accompanied by two additional bedrooms. The walk-out lower level expands your living options with a versatile multipurpose area, a workshop, and a full bath. Experience the luxury of living in your vacation home—every day of the year.

    Zillow last checked:

    Listing updated:

    Listed by:

    Judy Stier 609-240-1232,

    BHHS Fox & Roach - Princeton

    Bought with:

    Theza Friedman, RS372041

    Coldwell Banker Residential Brokerage-Princeton Jct

    Source: Bright MLS,MLS#: NJME2061186MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 1
    Primary bedroom
    • Features: Primary Bedroom - Sitting Area, Walk-In Closet(s)
    • Level: Upper
    • Area: 459 Square Feet
    • Dimensions: 27 x 17
    Bedroom 2
    • Level: Upper
    • Area: 224 Square Feet
    • Dimensions: 16 x 14
    Bedroom 3
    • Level: Upper
    • Area: 169 Square Feet
    • Dimensions: 13 x 13
    Primary bathroom
    • Features: Soaking Tub, Skylight(s), Bathroom - Stall Shower
    • Level: Upper
    Dining room
    • Level: Main
    • Area: 308 Square Feet
    • Dimensions: 28 x 11
    Family room
    • Features: Fireplace - Other
    • Level: Main
    • Area: 300 Square Feet
    • Dimensions: 20 x 15
    Foyer
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14 x 12
    Other
    • Level: Upper
    Other
    • Level: Lower
    Kitchen
    • Features: Breakfast Bar, Kitchen Island, Eat-in Kitchen, Kitchen - Gas Cooking
    • Level: Main
    • Area: 288 Square Feet
    • Dimensions: 24 x 12
    Living room
    • Features: Fireplace - Other
    • Level: Main
    • Area: 380 Square Feet
    • Dimensions: 20 x 19
    Office
    • Features: Attached Bathroom
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13 x 12
    Recreation room
    • Features: Basement - Finished
    • Level: Lower
    Workshop
    • Level: Lower
    Heating
    • Central, Radiator, Other, Natural Gas Available, Oil
    Cooling
    • Central Air, Other
    Appliances
    • Included: Built-In Range, Cooktop, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Ice Maker, Self Cleaning Oven, Oven, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer Stacked, Water Heater, Gas Water Heater
    • Laundry: Upper Level, Lower Level
    Features
    • Attic, Attic/House Fan, Soaking Tub, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Built-in Features, Ceiling Fan(s), Dining Area, Open Floorplan, Eat-in Kitchen, Kitchen Island, Store/Office, Walk-In Closet(s), Kitchen - Gourmet, Other
    • Flooring: Wood, Tile/Brick
    • Doors: Sliding Glass, Storm Door(s)
    • Windows: Double Hung, Screens, Skylight(s), Sliding, Storm Window(s)
    • Basement: Partial,Exterior Entry,Workshop
    • Number of fireplaces: 2
    • Fireplace features: Gas/Propane
    Interior area
    • Total structure area: 3,053
    • Total interior livable area: 3,053 sqft
    • Finished area above ground: 3,053
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 5
    • Parking features: Storage, Garage Faces Side, Garage Door Opener, Driveway, Detached, On Street
    • Garage spaces: 2
    • Uncovered spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Patio & porch: Deck, Patio
    • Has private pool: Yes
    • Pool features: In Ground, Private
    • Fencing: Wood
    • Has view: Yes
    • View description: Lake, Other, Panoramic, Scenic Vista
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Private Dock Site, Lake, Swimming Allowed, Fishing Allowed, Canoe/Kayak, Private Access
    • Body of water: Carnegie Lake
    • Frontage length: Water Frontage Ft: 75
    Lot
    • Size: 0.47 Acres
    • Features: Front Yard, Fishing Available, Landscaped, Private, Secluded, Sloped, Other
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 140590100012
    • Zoning: R5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,Other
    • Property subtype: Single Family Residence
    Materials
    • Brick Front, Other
    • Foundation: Other
    • Roof: Asphalt
    Condition
    • Excellent
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System
    Location
    • Region: Princeton
    • Subdivision: Riverside
    • Municipality: PRINCETON

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/11/2025Sold$2,400,000$786/sqft
    Source: Bright MLS #NJME2061186 Report a problem
    8/6/2025Pending sale$2,400,000$786/sqft
    Source: Bright MLS #NJME2061186 Report a problem
    7/18/2025Contingent$2,400,000$786/sqft
    Source: Bright MLS #NJME2061186 Report a problem
    7/17/2025Listed for sale$2,400,000$786/sqft
    Source: Bright MLS #NJME2061186 Report a problem
    6/27/2025Contingent$2,400,000$786/sqft
    Source: Bright MLS #NJME2061186 Report a problem
    6/20/2025Listed for sale$2,400,000$786/sqft
    Source: Bright MLS #NJME2061186 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$42,904 $1,611,100
    2024$42,904 +9.2%$1,611,100
    2023$39,295 $1,611,100
    2022$39,295 +0.8%$1,611,100
    2021$38,989 +2%$1,611,100
    2020$38,215 +1.7%$1,611,100
    2019$37,571 +1.4%$1,611,100
    2018$37,055 +1.6%$1,611,100
    2017$36,475 +8.8%$1,611,100
    2016$33,536 +1.2%$1,611,100 +6.3%
    2015$33,127 +2.5%$1,516,100
    2014$32,308 +4.2%$1,516,100
    2013$31,004 -10.2%$1,516,100
    2012$34,533 +1.4%$1,516,100 -13.7%
    2011$34,041 +51%$1,757,400
    2010$22,541 +1.7%$1,757,400 +182.9%
    2009$22,156 +2.5%$621,300
    2008$21,621 +4.2%$621,300
    2007$20,751 $621,300
    2006-- $621,300
    2005-- $621,300
    2004$17,334 $621,300

    Find assessor info on the county website

    Neighborhood: 08540

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $2,388,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,388,500