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40 Southern Way

Princeton, NJ 08540

4 beds
2 baths
2,514 sqft
6,534 sqft lot
$405 per sqft
1947 build

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Nestled in a quaint neighborhood within strolling distance of downtown Princeton and Princeton University and two blocks from Riverside Elementary School, this recently expanded and renovated mid-century home is ready for its next owner. Wood floors, neutral walls and an abundance of windows on the first floor contribute to the home’s open and airy feel. A wood-stove insert in the living room fireplace, installed by St. John’s Chimney, goes a long way toward keeping the house nice and toasty, and provides a perfect place to gather during colder months. French doors lead into the first-floor master suite, which features a high slanted ceiling, a private bath with tub/shower combo and tile flooring, a deep walk-in closet, and sliders that open to a raised deck in the fenced backyard. A nearby laundry room does double duty as a mudroom with access to the side yard. The L-shaped dining room and kitchen is perfect for entertaining. Wood cabinets fitted with soft-close drawers and doors stretch to the ceiling and are topped with crown molding. White subway tile for the backsplash and a suite of stainless steel appliances, including a Bosch dishwasher and five-burner gas stove, complete the look. A spacious closet steps away is ready to transform into a pantry. Upstairs, newly refinished hardwood floors shine underfoot. Three bedrooms share a hall bath updated with new floor tile, sink and toilet and a refurbished tub/shower combo. Storage options abound with a spacious shed in the side yard, a dry and painted basement, and an attic with easy-to-access pull-down stairs. Expanded and remodeled in 2015, and outfitted then with new central air, furnace and water heater, the home is in move-in condition. The industrial strength roof was added this year. This traditional cape has three or four bedrooms depending on how the next owners want to configure the house to suit their family's needs. What is now the very large ground floor bedroom with its high ceiling could easily become a spacious family room leading to the backyard through sliding doors, while its bay window fills the air with light. The upstairs retains the house's three traditional bedrooms and a refurbished full bath, fine for a family with children. Location wise, the home is ideal for anyone seeking an in-town lifestyle with easy access to Princeton’s bustling downtown filled with eateries, boutiques and entertainment venues. Commuters will enjoy its proximity to Routes 1, 95 and 295, as well as the Princeton and Princeton Junction train stations.

Listing courtesy of BRIGHT / Corcoran Sawyer Smith

Last checked: Checking… • Last updated Mar 15, 2024 •

MLS# NJME2036412 —

The Building

Year Built:

1947
Year Built Source:

Assessor
Year Major Reno/Remodel:

2015
New Construction:

No
Construction Materials:

Vinyl Siding
Structure Type:

Detached
Architectural Style:

Colonial
Levels:

2
Roof:

Shingle
Door Features:

French, Sliding Glass
Window Features:

Bay/Bow
Accessibility Features:

None
Foundation Details:

Brick/Mortar
Basement:

Yes
Basement Type:

Full, Unfinished
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Fin SqFt:

2514
Above Grade Fin SqFt Source:

Estimated
Below Grade Finished Area Units:

Square Feet
Below Grade Unfinished Area Units:

Square Feet
Below Grade Finished SqFt Source:

Assessor
Below Grade Unfinished SqFt Source:

Assessor

Interior

Interior Features:

Kitchen - Eat-In, Walk-in Closet(s), Wood Floors
Room List:

Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry
Room Count:

7
Flooring Type:

Wood, Vinyl, Tile/Brick
Fireplace:

No
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

2514
Living Area SqFt:

2,514 Sqft

Financial & Terms

Sale Type:

Standard
Buyer Financing:

Conventional
Possession:

31-60 Days CD

Location

Directions:

South Harrison Street to Southern Way.
Cross Street:

HARRISON
Latitude:

40.35013199
Longitude:

-74.64051056

The Property

Property Type:

Residential
Property Condition:

Very Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.15
Lot Size Source:

Assessor
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Lot Features:

Level, Rear Yard
Lot SqFt:

6,534 Sqft
Inclusions:

Dishwasher, range, refrigerator, microwave, washer, dryer, and exterior storage bins, Shed
Exclusions:

Sellers personal belongings
Zoning:

R5
Outdoor Living Structures:

Porch(es)
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

14-08703-00016
Tax Year:

2022
Tax Lot:

00016
Tax Annual Amount:

$16,576
Tax Assessed Value:

$681,600
Year Assessed:

2022
Total Taxes Pymnt Freq:

Annually

Beds

Bedrooms:

4
Bedrooms Main Level:

1
Upper Level Bedrooms:

3
Upper Level 1 Bedrooms:

3

Baths

Bathrooms Total Count:

2
Full Bathrooms:

2
Bathrooms Main Level:

1.00
Full Bathrooms Main Level:

1
Upper Level Full Baths:

1
Bathrooms Count All Upper Levels:

1
Bathrooms Count Upper Level:

1.00
Bathrooms Full Upper Level:

1

The Listing

Close Sale Type:

Standard Sale
Transaction Broker Compensation:

1
Buyer's Brokerage Compensation:

3%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Appliances

Appliances:

Built-In Range, Dishwasher, Disposal
Laundry Type:

Basement

Schools

Elementary School:

Riverside
Middle School:

J Witherspoon
High School:

PRINCETON
School District Name:

Princeton Regional Schools
School District Source:

3rd Party

The Community

Subdivision Name:

Riverside
Senior Community:

No
Exterior Features:

Street Lights, Exterior Lighting
Pool:

No Pool
HOA:

No
Condo/Coop Association:

No

Parking

Total Garage and Parking Spaces:

4
Garage:

No
Type of Parking:

Driveway
Parking Features:

Asphalt Driveway
Driveway - # of Spaces:

4

Extra Units

Vacation Rental:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$511/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
3/15/24 Mar 15, 2024	Sold	BRIGHT	$1,020,000	-7.3%
1/30/24 Jan 30, 2024	Sold Subject To Contingencies	BRIGHT	$1,100,000
10/21/23 Oct 21, 2023	Listed / Active	BRIGHT	$1,100,000

House Sold on 3/15/2024

$1,020,000

Listing provided by broker:

Susan Thompson

Corcoran Sawyer Smith

listings@weidel.com

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Listing Courtesy of: BRIGHT and Corcoran Sawyer Smith.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

40 Southern Way

Princeton, NJ 08540