Prime Investment Opportunity in the Heart of Princeton—Two Lots Available 409 Basin Street, Princeton, NJ This property features a charming colonial-style two-family detached residence situated on a generous lot with 61 feet of street frontage and a depth of 191 feet. Each unit has its own electric utility meter, providing flexibility for investors or owner-occupants seeking rental income potential. The home spans approximately 1,808 square feet and is currently configured as two separate units: Unit A: 1 Bedroom, 1 Bathroom Unit B: 2 Bedrooms, 1 Bathroom 0 Basin Street (Rear Lot) Located directly behind 409 Basin Street, this parcel (Lot 008, Block 11503) encompasses approximately 0.37 acres and is situated within the R9 Zone. Both lots are in the Princeton Historical District and a prior remediated (NJDEP) site for a CERCLA removal. This lot is potentially buildable and offers significant development potential, subject to zoning and historical review approvals. Access would require an easement through the driveway of the front lot (409 Basin Street). Location Highlights: Minutes from Princeton University. Convenient to the Princeton Train Station, shopping, dining, and cultural attractions. This unique offering provides a rare opportunity to own or develop in one of Princeton’s most desirable locations. Whether you're looking to invest, develop, or create a custom residence, these two contiguous parcels present exceptional potential. Buyers are encouraged to conduct their own due diligence regarding development feasibility and zoning requirements.
Lot/land
$1,300,000
0 Basin St, Princeton, NJ 08540
--beds
--baths
0.37Acres
Unimproved Land
Built in ----
0.37 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Generous lot
- 53 days
- on Zillow |
- 171 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: June 11, 2025 at 09:19am
Listed by:
Peter San Paolo 609-902-7025,
Home Journey Realty
Source: Bright MLS,MLS#: NJME2060958

Travel times
Facts & features
Property
Lot
- Size: 0.37 Acres
Details
- Additional parcels included: Please see the additional lot included. MLS #
- Parcel number: 141150300008
- Zoning: R9
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Hook/Up Avail
- Water: Public Hook-up Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Princeton
- Municipality: PRINCETON
Financial & listing details
- Tax assessed value: $74,000
- Annual tax amount: $1,970
- Date on market: 6/11/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
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