12-14 Murray Place, Princeton, NJ 08540
- $2,600,000
- 5,760
- SqFt
- Sold Price
- $2,600,000
- List Price
- $2,700,000
- Closing Date
- May 08, 2026
- Days on Market
- 44
- Status
- CLOSED
- MLS#
- NJME2067602
- Living Area
- 5,760
- Lot Size (Acres)
- 0.19
- Style
- Victorian
- Year Built
- 1870
- County
- Mercer
- School District
- Princeton Regional Schools
Property Description
Location, location, location—set in Princeton’s highly sought-after Riverside neighborhood, this distinguished Victorian 3-Unit offers an exceptional walk-to-town lifestyle just steps from coffee shops, acclaimed restaurants, the post office, top-rated schools, and Princeton’s vibrant cultural and athletic venues. A truly rare opportunity for the discerning investor or owner-occupant, this fully renovated residence delivers strong rental demand and an impressive net operating income. Thoughtfully reimagined in 2022, each unit was meticulously updated with refinished or new flooring, modern kitchens, refreshed baths, newer appliances, upgraded split HVAC systems, and three separate furnaces, ensuring comfort, efficiency and ease of management. The generously sized residences include a 5-bedroom / 3-bath, 3-bedroom / 2-bath and a 2-bedroom / 1-bath layout. The property has been maintained, painted inside and out and is truly turnkey. Ideal for an owner-occupant, the expansive 5-bedroom unit is fully available to occupy while the two remaining apartments are currently leased, generating nearly $8,500 per month in rental income. Completing the offering is a convenient driveway parking and permitted street parking, immediate access to the NYC bus line, and close proximity to the Princeton Junction train station. Blending historic charm with modern updates and prime location, this exceptional triplex is a standout addition to any sophisticated real estate portfolio.
Additional Information
- Area
- Princeton (21114)
- Taxes
- $38934
- Stories
- 3
- Interior Features
- Additional Stairway, Wood Floors
- School District
- Princeton Regional Schools
- Elementary School
- Riverside E.S.
- Middle School
- John Witherspoon M.S.
- High School
- Princeton H.S.
- Fireplaces
- 6
- Fireplace Description
- Non-Functioning
- Flooring
- Hardwood, Laminated
- Exterior Features
- Sidewalks, Street Lights, Chimney Cap(s)
- View
- Garden/Lawn, Street
- Heating
- Radiator
- Heating Fuel
- Natural Gas, Electric
- Cooling
- Ductless/Mini-Split
- Roof
- Slate, Asphalt
- Utilities
- Cable TV, Water Available, Sewer Available, Natural Gas Available, Electric Available
- Water
- Public
- Sewer
- Public Sewer
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Listing Courtesy Of BHHS Fox & Roach - Princeton, Contact:
Listing courtesy of BHHS Fox & Roach - Princeton. Contact:
Selling Office: .