Don’t miss this rare opportunity to own a well-maintained, affordable 1-bedroom, 1-bath condo in one of Princeton’s most desirable neighborhoods - Griggs Farm. This unit allows qualifying individuals to own a home that provides the perfect blend of comfort, charm, and community while accessing everything Princeton has to offer through Princeton’s Affordable Housing Program and is subject to income eligibility requirements (see below). The unit features an updated water heater, toilet and plumbing fixtures, plus access to tennis courts, walking trails, playgrounds, and a community clubhouse.
The 3rd-floor walk-up unit features a bright and efficient living space, which includes a dining area and outdoor balcony, making it perfect for first-time buyers or downsizers. This condo offer exceptional value with a well-equipped kitchen featuring ample cabinetry and a bedroom with a generous size closet and plenty of natural light.
There is one reserved parking space within walking distance, and on-site laundry and a storage unit in the secured basement of the building. NJ Transit bus stop is steps away from your doorstep, giving you direct to downtown Princeton, Quakerbridge Mall & Mercer Mall.
Property is being sold as-is and new owner can keep all furnishing.
Eligibility requirements:
This is a moderate-income unit with income and eligibility restrictions as defined by the Uniform Housing Affordability Controls (UHAC). See 2025 Income Limits for qualification details (Region 4 Mercer County).
Key requirements:
-Deed-restricted for moderate-income households
-Must be owner-occupied (no rentals permitted)
-Resale and occupancy restrictions apply in accordance with UHAC guidelines
-Buyer must use the home as their primary residence
-Affordable pricing determined and monitored by the municipality
How to Apply / Express Interest:
Interested and eligible buyers must contact Princeton Affordable Housing for application instructions and next steps to verify eligibility before submitting an offer. No showings of the property will be allowed without verifying eligibility first.
For sale by owner
$177,235
34 Billie Ellis Ln, Princeton, NJ 08540
1beds
541sqft
Est.:
Condo
Built in 1990
-- sqft lot
$-- Zestimate®
$328/sqft
$161/mo HOA
What's special
Plenty of natural lightGenerous size closetWalking trailsWell-equipped kitchenAmple cabinetryAccess to tennis courtsUpdated water heater
- 12 days
- on Zillow |
- 1,564 |
- 40 |
Listed by:
(609) 688-2029
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air
Cooling
- Central
Interior area
- Total interior livable area: 541 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off-street
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: 1400802000010132
Construction
Type & style
- Home type: Condo
Condition
- New construction: No
- Year built: 1990
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $161 monthly
Location
- Region: Princeton
Financial & listing details
- Price per square foot: $328/sqft
- Tax assessed value: $105,400
- Annual tax amount: $2,807
- Date on market: 7/24/2025
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