See Home Value
Mercer 08540
321 WALNUT LANE
$1,379,800
● House - Off Market

321 WALNUT LANE

PRINCETON, NJ 08540
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,356 Ft²
$8,449
Est. Monthly

About This Property

Welcome home! This beautiful split-level home has been thoughtfully renovated and provides an open space concept from the entrance to the sun room/dining room. It is perfectly located next to the excellent Princeton Public Schools, within walking distance to town and a stone throw away from the Princeton Shopping Center.

While perfectly integrated into the neighborhood, this home stands out through its spacious living space, hardwood floors, and gorgeous backyard that is ideal for hosting guests, enjoying a beautiful evening on the porch or playing soccer in the spacious backyard. The fully fenced backyard is beautifully landscaped and framed by mature evergreens that will provide even greater privacy as they grow. Three fig trees, a wildflower garden, vegetable beds, and a cozy patio with a grilling area create a beautiful and inviting outdoor retreat complete with a storage shed.

The home features 4 bedrooms, 3.5 bathrooms with a den, a deck, one car attached garage and driveway parking. The den can be used as an additional bedroom, office, or playroom.

Each spacious bedroom is filled with abundant natural light. The airy primary suite features a walk-in closet, soaking tub, stall shower, and radiant heated flooring. The fully renovated kitchen opens to a bright dining area with large windows and sliding doors that fill the space with natural light, complemented by a cozy gas fireplace.

The home also offers two-zone heating and cooling, a whole-house generator, newer utilities (4yrs old), a newer roof ( 4years old).

A wonderful combination of thoughtful renovations, flexible living spaces, modern amenities, and an exceptional outdoor setting all in a highly desirable Princeton location.

This home has so much to offer! A rare find in Princeton that needs to be seen in person. You will want to call this home!
Unit Size
2,356 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$594
Property Type
House
Property Taxes
$1,580
HOA Dues
-
Year Built
1954

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Last updated: 5 days ago (Bright MLS #NJME2081074)

Price History

Date / Event Date Event Price
Oct 23, 2026 Sold
Sold
Aug 30, 2026 In contract -
In contract
Aug 14, 2026 Listed by Weichert Realtors - Princeton $1,399,000
Listed by Weichert Realtors - Princeton
May 19, 2021 Sold
Sold
Feb 19, 2021 Listed by BHHS Fox & Roach Hopewell Valley $675,000
Listed by BHHS Fox & Roach Hopewell Valley
Get ready to call this quaint Princeton split-level your new home! Situated on a corner lot in the bucolic Princeton North neighborhood, this charming house with major curb appeal is perfect for the first-time homebuyer with loads of renovation potential. It features 3 bedrooms, one and a half bathrooms, and a one-car garage. Hardwood floors are found throughout the house with a ceramic tiled kitchen. The lower level has a room perfectly fit for a rec room or office, with laundry room and a half bath off to the side. The upper level features a kitchen, formal dining room with picture window, a library with built-in shelving, and a large living room with a newer gas fireplace. Looking out the sliders from the living room is a large wooden deck overlooking a lovely, semi-private backyard. There are 2 storage attics, newer windows throughout, wooden shingled siding, and a just-serviced full house natural gas-powered generator. Located within walking distance is the Princeton Shopping Center, a variety of medical offices, Princeton High School, and Historic downtown Princeton. Conveniently located between New York and Philadelphia, and close to major highways and NJ Transit. Come see this cozy home today!

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,796
  • Building Area: 1,796
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,796
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Princeton Public Schools
  • Census Tract: 004206

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 72
  • Account Number: 00003190
  • District: 14
  • Parcel: 14 07207-0000-00001
  • Block: 7207
  • Lot: 1
  • Municipality: PRINCETON
  • Latitude: 40.3634
  • Longitude: -74.6566

    Address

  • Full Address: 321 Walnut Ln
  • Address - House Number: 321
  • Address - Street Name: Walnut
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Princeton
  • Carrier Code: C017
  • 4-Digit Zip Code: 3428
  • Zip Code: 08540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,223,053

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 73
  • Final Value: 847,348
  • High Value: 1,015,129
  • Low Value: 679,567

    Market Valuation

  • Market Total Value: $502,900
  • Market Land Value: $357,000
  • Market Improvement Value: $145,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $502,900
  • Assessed Land Value: $357,000
  • Assessed Improvements Value: $145,900

    Sales

  • Current Sale Contract Date: May 10, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021044423
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mercer


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Frequently Asked Questions

When was property at 321 Walnut Lane built and last sold?
The property at 321 Walnut Lane was built in 1954 and last sold on May 10, 2021 for $695,000.
How much is this home worth?
The estimated value of the home located at 321 Walnut Lane is $1,375,677.
What are some comparable homes to 321 Walnut Lane?
There are currently no comparable homes to 321 Walnut Lane.