87 Library Place
Princeton, NJ 08540
- 5 beds
- 6 baths
- – sqft
- ~1/2 acre lot
- 1860 build
Once a grand 19th-century brick mansion, this Gilded Age Princeton original has undergone an extraordinary metamorphosis at the hands of design visionary Bela Rossmann of Polo Design Build. Reimagined from top to bottom, the home is now a tour de force of 21st-century modernism layered over old-world craftsmanship. Rossmann’s reworking doesn’t erase the past, it enhances it. What was once formal is now fluid, and what was once historic is now timeless. Original woodwork is preserved alongside striking new elements like flat-panel walnut cabinetry, custom Italian lighting, and bold marble accents. In the redesigned kitchen, solid walnut drawers glide under striking quartz counters and a Sub-Zero suite anchors the space, while an 8-burner Wolf range presides beneath a sleek hood. A central hall with herringbone floors and timeless circular stairs with bespoke custom-designed 14 glass pendants beneath a leaded glass skylight gives way to a paneled library and den with hidden shelving and a bright, elegant dining room. The former ballroom now serves as a vaulted-ceiling great room, with multiple seating arrangements allowing the space to be comfortable for a small gathering or a grand entertainment space, that opens to two garden spaces, one featuring a brick courtyard with the other, redesigned gardens and lawn edged in clipped Hawthorne tree hedges. There are eight fireplaces and 14 separate climate zones, making comfort as customizable as the design. The primary suite is nothing short of a private wellness retreat, complete with two spa-like bathrooms, a marble-clad tub room, a shower room with an oversized shower controlled by an electronic keypad, heated floors, and a dressing room worthy of a fashion editorial. Four additional bedrooms include two guest suites and a pair of mirror-image bedrooms connected by a Jack-and-Jill bath. A sunny multipurpose room with exposed brick and skylights serves as this home’s kick-back-and-relax space near a handy second staircase leading to an organized mudroom and the heated two-car garage. Every detail has been touched, yet the soul of this home remains intact. An impeccable vision and design executed to the Nth degree.
Last checked:
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Last updated May 16, 2025
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MLS# NJME2054086 —
The Building
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Year Built:1860
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Structure Type:Detached
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Architectural Style:Transitional
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Historic:No
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Levels:3
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Full
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Building Winterized:Yes
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt Source:Estimated
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
Interior
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Interior Features:Additional Stairway, Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Breakfast Area, Built-Ins, Curved Staircase, Floor Plan - Traditional, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Recessed Lighting, Spiral Staircase, Upgraded Countertops, Walk-in Closet(s), Wood Floors
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Room List:Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Den, Library, Foyer, Great Room, Laundry, Mud Room, Storage Room, Bonus Room, Primary Bathroom, Full Bath, Half Bath
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Fireplace:Yes
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Fireplaces:7
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Fireplace Features:Gas/Propane, Mantel(s), Marble
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Living Area SqFt Source:Estimated
Room Dimensions
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Living Area SqFt:0 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:Rt 206 to Library Place
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Latitude:40.34764862
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Longitude:-74.66811371
The Property
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Property Type:Residential
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Acres:0.46
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Lot Size Source:Assessor
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Lot Size Dimensions:100.00 x 200.00
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Lot Dimensions Source:Assessor
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Lot SqFt:19,998 Sqft
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Additional Parcels:No
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Zoning:R1
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Other Structures:Above Grade, Below Grade
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Horse:No
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (609) 915-5645
- Office phone:
- (609) 921-1050
Taxes
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Tax ID Number:14-00012 01-00007
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Tax Year:2024
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Tax Lot:00007
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Tax Annual Amount:$59,150
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Tax Assessed Value:$2,221,200
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Year Assessed:2024
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:5
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Upper Level Bedrooms:5
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Upper Level 1 Bedrooms:2
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Bedrooms Upper Level:3
Baths
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Total Baths:6
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Full Baths:4
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Half Baths:2
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Main Level Baths:2.00
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Main Level Half Baths:2
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Upper Level Full Baths:4
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Upper Level Total Baths:4
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Upper Level Total Baths:2.00
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Upper Level 2 Total Baths:2.00
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Upper Level Full Baths:2
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Upper Level 2 Full Baths:2
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Built-In Range, Commercial Range, Dishwasher, Microwave, Oven/Range - Gas, Refrigerator, Six Burner Stove
Schools
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Elementary School:Community Park E.S.
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Middle School:John Witherspoon M.S.
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High School:PRINCETON H.S.
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School District Name:Princeton Regional Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
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Municipal Trash:Yes
Parking
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Total Garage and Parking Spaces:6
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Garage:Yes
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Garage Features:Garage - Side Entry
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Garage Spaces:2.00
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Type of Parking:Driveway, Attached Garage
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# of Attached Garage Spaces:2
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Driveway - # of Spaces:4
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$5,800,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$31,057
|
Taxes | $4,929 |
Insurance | $1,595 |
Utilities | N/A |
Total | $37,581/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/16/25
May 16, 2025
|
Listed / Active | BRIGHT | $5,800,000 | 241.2% |
6/14/24
Jun 14, 2024
|
BRIGHT | $1,700,000 | ||
6/12/24
Jun 12, 2024
|
BRIGHT |