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Under contract
$795,000
3beds
2,638sqft

5 Nelson Ridge Rd, Princeton, NJ 08540

3beds
2,638sqft
Single family residence
Built in 1978
1.38 Acres
2 Attached garage spaces
$301 price/sqft

What's special

Great natural light throughoutBonus roomWell-maintained homesTraditional floor planGenerously sized living spaces

Nestled in a long-established and desirable neighborhood in Hopewell Township with a Princeton mailing address, this 3-bedroom, 2.5-bath brick-front Colonial presents an incredible opportunity to create your dream home. Ideally situated between Hopewell Borough and downtown Princeton, the location offers the perfect balance of convenient access to shopping, dining, and commuter routes. Set on a peaceful street surrounded by mature landscaping and well-maintained homes, this property is ready for its next chapter. The classic Colonial layout includes generously sized living spaces, a kitchen that flows into a large family room, a traditional floor plan, and great natural light throughout. The home’s solid structure and timeless design provide the perfect canvas for renovation and customization. Upstairs, you’ll find three bedrooms, including an expansive primary suite with an en-suite bath, and bonus room along with two additional bedrooms and a full bath. A convenient powder room is located on the main level. This home is ideal for buyers, investors, or renovators looking to bring their vision to life in a sought-after location. With strong upside potential and an unbeatable setting, this is a rare opportunity to invest in one of Mercer County’s most desirable areas.

101 days
|
203
|
7
|

Likely to sell faster than

Source: Bright MLS,MLS#: NJME2076538MLS Logo
Travel times

Family Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Katharine Carter 609-903-9178,

Queenston Realty, LLC

Source: Bright MLS,MLS#: NJME2076538MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
Basement
  • Area: 0
Heating
  • Forced Air, Oil
Cooling
  • Central Air, Electric
Appliances
  • Included: Water Heater
Features
  • Flooring: Hardwood, Tile/Brick
  • Basement: Unfinished
  • Number of fireplaces: 1
Interior area
  • Total structure area: 2,638
  • Total interior livable area: 2,638 sqft
  • Finished area above ground: 2,638
  • Finished area below ground: 0

Property

Parking
  • Total spaces: 8
  • Parking features: Built In, Driveway, Attached
  • Attached garage spaces: 2
  • Uncovered spaces: 6
Accessibility
  • Accessibility features: None
Features
  • Levels: Two
  • Stories: 2
  • Pool features: None
Lot
  • Size: 1.38 Acres
Details
  • Additional structures: Above Grade, Below Grade
  • Parcel number: 0600040 0200006 17
  • Zoning: R150
  • Special conditions: Standard

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subtype: Single Family Residence
Materials
  • Frame, Brick
  • Foundation: Block
  • Roof: Asphalt
Condition
  • New construction: No
  • Year built: 1978

Utilities & green energy

  • Sewer: Private Septic Tank
  • Water: Well

Community & HOA

Community
  • Subdivision: None Available
HOA
  • Has HOA: No
Location
  • Region: Princeton
  • Municipality: HOPEWELL TWP

Financial & listing details

  • Price per square foot: $301/sqft
  • Tax assessed value: $603,000
  • Annual tax amount: $19,602
  • Date on market: 5/23/2026
  • Listing agreement: Exclusive Right To Sell
  • Listing terms: Conventional,Cash
  • Inclusions: All Appliances "as Is"
  • Exclusions: Personal Property
  • Ownership: Fee Simple

Price history

DateEventPrice
7/27/2026Contingent$795,000$301/sqft
Source: Bright MLS #NJME2076538 Report a problem
5/23/2026Listed for sale$795,000+102.3%$301/sqft
Source: Bright MLS #NJME2076538 Report a problem
10/24/1998Sold$393,000$149/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$18,337 +5.7%$603,000 +5.7%
2024$17,349 +1.6%$570,500
2023$17,075 +0.8%$570,500
2022$16,944 +2.5%$570,500 +3%
2021$16,534 +8.4%$553,900
2020$15,256 +1.9%$553,900 +5.7%
2019$14,973 +2.8%$523,900
2018$14,564 +2.5%$523,900
2017$14,213 +2.2%$523,900
2016$13,910 +2.1%$523,900
2015$13,621 +3.3%$523,900
2014$13,181 +3.8%$523,900
2013$12,705 -6.7%$523,900
2012$13,621 +5.1%$523,900 -12.7%
2011$12,955 +4.8%$600,300
2010$12,360 -8.3%$600,300
2009$13,479 +4.8%$600,300 -11.1%
2008$12,865 -0.5%$675,300
2007$12,925 $675,300 +94.5%
2006-- $347,200
2005-- $347,200
2004$10,555 $347,200
2003-- $347,200
2002-- $347,200
2001-- $347,200

Find assessor info on the county website

Monthly payment

Est. payment
$5,424/mo
Principal & interest
$4072
Property taxes
$1352
More affordability toolsChevron Right

Estimated market value

$782,100

$743,000 - $821,000

$6,146/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 08540

Nearby schools

Hopewell Elementary School
Grades PK-5 • 1.9 miles
8/10
GreatSchools® Rating
Test Score Rating
8/10
Student Progress Rating
8/10
Timberlane Middle School
Grades 6-8 • 5.1 miles
6/10
GreatSchools® Rating
Test Score Rating
8/10
Student Progress Rating
4/10
Central High School
Grades 9-12 • 4.9 miles
6/10
GreatSchools® Rating
Test Score Rating
7/10
College Readiness Rating
6/10

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