Tom Poss
Office: 301.698.3232
Cell: 301.514.3900
601 Prospect Ave, PRINCETON
$12,000,000
0 Beds
0 Baths
0 Sqft
18.47 Acres
0 Garages
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.
Essential Information
MLS® #1005948591
Price$12,000,000
Bathrooms0.00
Acres18.47
TypeLand
Sub-TypeLand
StatusActive Under Contract
Community Information
Address601 Prospect Ave
AreaPrinceton (21114)
SubdivisionRIVERSIDE
CityPRINCETON
CountyMERCER-NJ
StateNJ
MunicipalityPRINCETON
Zip Code08540
Amenities
Is WaterfrontYes
WaterfrontLake
Utilities
Water Available, Natural Gas Available, Electric Available
View
Trees/Woods, Lake, Scenic Vista, Pasture, Water
Lot Description
Subdivision Possible, Corner Lot, Lot Premium, Road Frontage, Partly Wooded
School Information
DistrictPRINCETON REGIONAL SCHOOLS
Additional Information
ZoningR-5
Listing Details
Office Contact(609) 921-1050
Office
Callaway Henderson Sotheby's Int'l-Princeton
Property History
Status Changed from Active to Active Under Contract
LISTING MAP
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Listing information last updated on April 24th, 2024 at 11:46am EDT.
