Princeton, NJ 08540,12 MURRAY PL
Princeton, NJ 08540,12 MURRAY PL
Princeton, NJ 08540,12 MURRAY PL
Princeton, NJ 08540,12 MURRAY PL
Princeton, NJ 08540,12 MURRAY PL
Princeton, NJ 08540,12 MURRAY PL
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Salvatore Settepani

Salvatore Settepani

+1(917) 559-9158
Listed by Helen Sherman • BHHS Fox & Roach - Princeton
$ 2,700,000
Est. payment | /mo

5,760 SqFt

Save
$ 2,700,000
Est. payment | /mo
Save

5,760 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 5,760 sqft

Price per Sqft $468

Subdivision Riverside

MLS Listing ID NJME2071550

Style Victorian

Abv Grd Liv Area 5,760

Year Built 1870

Annual Tax Amount $38,934

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 70x117

Property Sub-Type Detached

Source BRIGHT

Property Description

Location, location, location—set in Princeton's highly sought-after Riverside neighborhood, this distinguished Victorian owner-occupied 3-Unit property offers an exceptional walk-to-town lifestyle just steps from coffee shops, acclaimed restaurants, the post office, top-rated schools, and Princeton's vibrant cultural and athletic venues. A truly rare opportunity for the discerning owner-occupant, this fully renovated residence offers strong rental demand and an impressive net operating income. Thoughtfully reimagined in 2022, each unit was meticulously updated with modern kitchens, refreshed baths, newer appliances, upgraded split HVAC systems, and three separate furnaces, ensuring comfort, efficiency and ease of management. The generously sized residences include a 5-bedroom / 3-bath, 3-bedroom / 2-bath and a 2-bedroom / 1-bath layout. that generate approximately $9500/mo from the 2 smaller units at 14 Murray The property has been maintained, painted inside and out and is truly turnkey. Ideal for an owner-occupant, the expansive 5-bedroom unit is fully available (past rent of $7800/mo), while the two remaining apartments are currently leased, generate approx $8,500 per month in rental income. Completing the offering is a convenient driveway parking and permitted street parking, immediate access to the NYC bus line, and close proximity to the Princeton Junction train station. Blending historic charm with modern updates and prime location, this exceptional triplex is a standout addition to any sophisticated real estate portfolio.

Location

State NJ

County Mercer

Area Princeton (21114)

Zoning R3

Rooms

Basement Full, Unfinished

Interior

Interior Features Additional Stairway, Wood Floors

Hot Water Natural Gas

Heating Radiator

Cooling Ductless/Mini-Split

Flooring Hardwood, Laminated

Fireplaces Number 6

Fireplaces Type Non-Functioning

Inclusions All appliances, fixtures and shed as exist. Fireplaces and chimneys are decorative (non-functioning due to rental status) and all are in "as is" condition.

Equipment Built-In Microwave, Built-In Range, Dryer, Exhaust Fan, Microwave, Refrigerator, Range Hood, Washer, Dishwasher

Fireplace Y

Window Features Double Hung,Storm

Appliance Built-In Microwave, Built-In Range, Dryer, Exhaust Fan, Microwave, Refrigerator, Range Hood, Washer, Dishwasher

Heat Source Natural Gas, Electric

Laundry Dryer In Unit, Washer In Unit

Exterior

Exterior Feature Porch(es), Balcony, Patio(s), Wrap Around

Garage Spaces 4.0

Utilities Available Cable TV, Water Available, Sewer Available, Natural Gas Available, Electric Available

Water Access N

View Garden/Lawn, Street

Roof Type Slate,Asphalt

Street Surface Black Top

Accessibility None

Porch Porch(es), Balcony, Patio(s), Wrap Around

Road Frontage Boro/Township

Total Parking Spaces 4

Garage N

Building

Lot Description Landscaping, Level, Private, Rear Yard

Foundation Stone

Above Ground Finished SqFt 5760

Sewer Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade

Structure Type Dry Wall,Plaster Walls

New Construction N

Schools

Elementary Schools Riverside E.S.

Middle Schools John Witherspoon M.S.

High Schools Princeton H.S.

School District Princeton Regional Schools

Others

Tax ID 14-00051 02-00040

Ownership Fee Simple

SqFt Source 5760

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Salvatore Settepani

+1(917) 559-9158

salvatore.settepani@exprealty.com

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12 MURRAY PL