Bought with Helen H Sherman • BHHS Fox & Roach - Princeton
$2,600,000
$2,700,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
12-14 MURRAY PL Princeton, NJ 08540
5,760 SqFt
Key Details
Sold Price $2,600,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $451
MLS Listing ID NJME2067602
Sold Date 05/08/26
Style Victorian
Abv Grd Liv Area 5,760
Year Built 1870
Annual Tax Amount $38,934
Tax Year 2025
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 70x117
Property Sub-Type Detached
Source BRIGHT
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.
Location
State NJ
County Mercer
Area Princeton (21114)
Zoning R3
Rooms
Basement Full, Unfinished
Interior
Interior Features Additional Stairway, Wood Floors
Hot Water Natural Gas
Heating Radiator
Cooling Ductless/Mini-Split
Flooring Hardwood, Laminated
Fireplaces Number 6
Fireplaces Type Non-Functioning
Equipment Built-In Microwave, Built-In Range, Dryer, Exhaust Fan, Microwave, Refrigerator, Range Hood, Washer, Dishwasher
Fireplace Y
Window Features Double Hung,Storm
Appliance Built-In Microwave, Built-In Range, Dryer, Exhaust Fan, Microwave, Refrigerator, Range Hood, Washer, Dishwasher
Heat Source Natural Gas, Electric
Laundry Dryer In Unit, Washer In Unit
Exterior
Exterior Feature Porch(es), Balcony, Patio(s), Wrap Around
Garage Spaces 4.0
Utilities Available Cable TV, Water Available, Sewer Available, Natural Gas Available, Electric Available
Water Access N
View Garden/Lawn, Street
Roof Type Slate,Asphalt
Street Surface Black Top
Accessibility None
Porch Porch(es), Balcony, Patio(s), Wrap Around
Road Frontage Boro/Township
Total Parking Spaces 4
Garage N
Building
Lot Description Landscaping, Level, Private, Rear Yard
Foundation Stone
Above Ground Finished SqFt 5760
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade
Structure Type Dry Wall,Plaster Walls
New Construction N
Schools
Elementary Schools Riverside E.S.
Middle Schools John Witherspoon M.S.
High Schools Princeton H.S.
School District Princeton Regional Schools
Others
Tax ID 14-00051 02-00040
Ownership Fee Simple
SqFt Source 5760
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
NEARBY SCHOOLS & BUSINESSES
GET MORE INFORMATION