240 Library Place
Princeton, NJ 08540

  • 7 beds
  • 8 baths
  • 7,230 sqft
  • ~1 acre lot
  • $549 per sqft
  • 1840 build

Welcome to 240 Library Place, an extraordinary home in the heart of Princeton. Built in 1840, this gem offers a prime location near the vibrant heart of town. Recently refrehsed for spring, this masterpiece allows you to embrace Princeton's rich legacy as either a primary residence or a Princeton getaway near the renowned Princeton University . This home's historical significance goes beyond its architectural beauty. Owned by Princeton graduates throughout the years and once serving as a house for professors, it holds a place in Princeton's rich heritage. Scholars and intellectuals have traversed its halls, adding to its allure. Inside, discover exceptional features and amenities that set this home apart. The Center Hall Colonial with its expansive ceilings exudes grandeur. Original wood floors from the 1800s lend timeless elegance. Custom millwork and six fireplaces showcase exquisite craftsmanship. Modern upgrades include heated floors and roof, multi-zone heating and cooling, a pool, spa, and wine room. Lalique crystal accents and cedar-lined closets add opulence. The library, with hand-carved cherry wood, pays homage to Princeton's academic excellence. The sunroom boasts Italian marble and a Grover Cleveland mantle, offering a serene space to unwind. The living room, or Billiard Room, is great for entertaining. The dining room sets the stage for unforgettable meals and the kitchen boasts beautiful granite countertops and features a Butler's Pantry for culinary enthusiasts. The primary bedroom offers a dressing area, enclosed glass terrace sitting area, and a walk-in closet. Six other ample-sized bedrooms provide versatility, including in-home office suites. The basement features multi-purpose areas for recreation, a laundry area, storage, and a fun DIY bar. Outside, the exquisite English gardens were designed with entertainment in mind. Host grand soirees with space for outdoor tents. The heated pool and spa invite relaxation. The two-story pool house is an architectural marvel, with a Lalique fish tank, limestone floors, fireplace, and a fully equipped kitchen. The second floor of the pool house has a large space for a gym, home office or media room. Hand-hewn maple paneling and a birds-eye maple ceiling add refinement. Immerse yourself in Princeton's rich history and cultural scene. Enjoy the community's charm and nearby amenities. 240 Library Place seamlessly blends past and present, making it truly exceptional. Don't miss this chance to own a piece of Princeton's history while creating a lifetime of memories in this timeless masterpiece.

BRIGHT MLS logo Listing courtesy of BRIGHT / Corcoran Sawyer Smith

Last checked: Checking… • Last updated Apr 17, 2024 •

MLS# NJME2040542 —

Monthly cost estimate

240 Library Place

Asking price

$3,975,000

Expense Monthly cost
Mortgage

$21,284

Taxes $6,649
Insurance $1,093
Utilities $752 See report
Total $29,778/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
4/8/24
Price Changed BRIGHT $3,975,000 -3.0%
3/21/24
Listed / Active BRIGHT $4,100,000

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Listing provided by broker:

Yakenya Moise

Corcoran Sawyer Smith

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This house located in Princeton, NJ 08540 is currently for sale for $3,975,000. 240 Library Place is a 7,230 square foot house with 7 beds and 8 baths. This house is in the attendance area of Community Park Elementary School, Princeton High School, and J Witherspoon Middle School.

BRIGHT MLS logo Listing Courtesy of: BRIGHT and Corcoran Sawyer Smith.

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