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$12,000,000
1814 Days Online

601 Prospect Avenue
Princeton, NJ 08540

For Sale|Land|Active Under Contract
Subdivision:
Riverside
County:
Mercer

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601 Prospect Avenue601 Prospect Avenue601 Prospect Avenue601 Prospect Avenue
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This is one of Princeton's most beautiful remaining tracts of land offering spectacular views of and access to Lake Carnegie in the coveted Riverside section. Originally a private residence, this gracious stone-sheathed manor home was built in 1914. When the non-profit research firm, Textile Research Institute, sought expansion and closer collaboration with universities after World War II, it purchased this estate in Princeton, a town which was attracting many new research and development companies. TRI-Princeton preserved the stately residence creating within its walls meeting rooms and offices, and the institution has remained a responsible caretaker for this beautiful estate for the past 70 years. The estate's land, originally including more acreage, now encompasses 18.47 acres featuring groves of specimen trees, broad expansive lawns, and a gentle slope to Lake Carnegie. The property is zoned R-5, which allows for the creation of 1/2 acre lots and is easily accessible with broad frontage on both Riverside Drive and Prospect Avenue. The stone manor house can be re-purposed once again or removed depending on the vision of the purchaser. The possibilities are limitless.

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Listing Snapshot
Price 
$12,000,000
Days Online 
1814 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
18.47 Acres
Year Built 
N/A
MLS Number 
1005948591
Status 
Active Under Contract
Property Tax 
$75,120
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
5 years agoStatus changed to Active Under Contract
5 years agoListing first seen online
General Features
Water 
Public
Sewer 
Public Sewer
Utilities 
Water AvailableNatural Gas AvailableElectric Available
Zoning 
R-5
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Exterior Features
Body of Water 
Carnegie Lake
View 
WaterLakeScenic VistaTrees/WoodsPasture
Road 
Paved
Lot Features 
Subdivision PossibleCornerPartly WoodedRoad FrontagePremium
Schools
School District
PRINCETON REGIONAL SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Callaway Henderson Sotheby's Int'l-Princeton (609) 921-1050



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Neighborhood & Commute
Source: Walkscore
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