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Mercer 08540
522 PROSPECT AVE
$2,825,000
● House - Off Market

522 PROSPECT AVE

PRINCETON, NJ 08540
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
4,528 Ft²
$3,090,418
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

This recently-built modern masterpiece enjoys a premium location between Carnegie Lake and the campus of Princeton University. The Riverside neighborhood is prized for its large lots, old growth trees and low-traffic serenity, an attribute not often found this close to so many attractions! In line with the level of luxury one would expect of this address, the striking residence is the pinnacle of chic style, top-tier quality and effortless functionality. New plantings, a circular hot tub and sculptural arches soften the crisp lines of the overall architecture and stone patio. Remarkably tall windows bring the scene indoors and make the open layout with 10-ft ceilings and seamless white oak floors even more dramatic. With waterfall-edge Quartz atop lacquered cabinetry, the chef-pleasing kitchen is polished enough to share space with the great room's gleaming fireplace statement wall. Style-forward design features such as this are perfectly complemented by thoughtfully chosen decor found throughout the versatile floor plan. There are a total of 5.5 Porcelanosa bathrooms, including one within a main level office/bedroom and one downstairs serving overflow guest space and a totally tricked-out rec room ready for lively activity and sports. Take the glass and steel-edged  floating staircase, which never fails to impress, up to the main suite, where treetop views grace the bedroom with double walk-ins, as well as the modern bathroom with oversized tile enveloping a spa-worthy tub and decadently-sized shower. A bonus room and laundry join 3 more bedrooms, all of them sunny and spacious. This is truly an exquisitely designed home.
Unit Size
4,528 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$662
Property Type
House
Property Taxes
$4,313
HOA Dues
-
Year Built
1961

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Last updated: 4 years ago (Bright MLS #NJME2025712)

Price History

Date / Event Date Event Price
Mar 21, 2023 Sold
Sold
Jan 10, 2023 Listed by Callaway Henderson Sotheby's Int'l-Princeton $2,999,000
Listed by Callaway Henderson Sotheby's Int'l-Princeton
Aug 12, 2021 Sold
Sold
Jul 19, 2021 Listed by Callaway Henderson Sotheby's Int'l-Princeton $2,895,000
Listed by Callaway Henderson Sotheby's Int'l-Princeton
A brand new modern masterpiece, exquisitely designed to transcend trends, yet cater to a style-savvy buyer. Even the half-acre yard situated along a beautifully established Princeton street is landscaped and ready for outdoor entertaining on the slate patio. The interior is impressive in scale with 10-ft ceilings accentuated by elongated windows and 8-ft doors. White oak flooring in its soft natural hue runs uninterrupted throughout defined rooms and wide open areas. The kitchen with waterfall-edge Quartz island, lacquered cabinetry and a suite of professional-level appliances, including a Wolf range, holds court with spaces for dining and seating radiating around it. A fireplace clad in striking oversized tile dominates one corner. In a variety of textures and tones, expertly selected tile is a design staple throughout, particularly in the Porcelanosa bathrooms, of which there are 5.5 total. One serves the expansive lower level with a separate room for your Peloton perhaps. The staircase, going both down and up, is incredible in its craftsmanship with glass panels, steel rails and substantial open treads. The main bedroom with 2 walk-in closets and a tray ceiling looks out over the backyard, as does its voluminous bathroom. The laundry, 3 more bedrooms and a versatile bonus room finish off the upper level. Flawless, functional and style-forward throughout!
Apr 28, 2020 Sold
Sold
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,888
  • Total Building Area: 1,880
  • Building Area: 1,880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,880
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000548
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Princeton Public Schools
  • Census Tract: 004204

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 77
  • Account Number: 00001564
  • District: 14
  • Parcel: 14 07701-0000-00046- 01
  • Block: 7701
  • Lot: 46.01
  • Municipality: PRINCETON
  • Latitude: 40.3582
  • Longitude: -74.6324

    Address

  • Full Address: 522 Prospect Ave
  • Address - House Number: 522
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Princeton
  • Carrier Code: C014
  • 4-Digit Zip Code: 4033
  • Zip Code: 08540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,160,704

    Appraisal Valuation

  • Standard Deviation: 0.2274
  • Valuation Date: May 03, 2023
  • Confidence Score: 68
  • Final Value: 1,028,318
  • High Value: 1,262,249
  • Low Value: 794,387

    Market Valuation

  • Market Total Value: $2,122,000
  • Market Land Value: $555,000
  • Market Improvement Value: $1,567,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,122,000
  • Assessed Land Value: $555,000
  • Assessed Improvements Value: $1,567,000

    Sales

  • Current Sale Contract Date: Mar 16, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15602
  • Previous Sale Recording Date: Aug 16, 2021
  • Previous Sale Contract Date: Aug 12, 2021
  • Previous Sale Amount: $2,880,000
  • Previous Sale Document Type: 27
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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Nearby Rentals

Unit for rent at 45 Spring Street, PRINCETON, NJ, 08542

$7,350 /mo

  • 2 Beds
  • 2 Baths
45 Spring Street #4, PRINCETON, NJ, 08542 Listing by Susan L DiMeglio


Frequently Asked Questions

When was property at 522 Prospect Avenue built and last sold?
The property at 522 Prospect Avenue was built in 1961 and last sold on Mar 16, 2023 for $2,825,000.
How much is this home worth?
The estimated value of the home located at 522 Prospect Avenue is $0.
What are some comparable homes to 522 Prospect Avenue?
There are currently no comparable homes to 522 Prospect Avenue.