• RIVERSIDE
  • 601 PROSPECT AVE
  • PRINCETON, NJ 08540
  • $12,000,000
  • UNDER CONTRACT
  • 2 Beds | 3 Baths | 2 Half Baths | 10000 Sq Ft | 18.47 Acres
  • MLS# 1005948467
This is one of Princeton's most beautiful remaining tracts of land offering spectacular views of and access to Lake Carnegie in the coveted Riverside section. Originally a private residence, this gracious stone-sheathed manor home was built in 1914. When the non-profit research firm, Textile Research Institute, sought expansion and closer collaboration with universities after World War II, it purchased this estate in Princeton, a town which was attracting many new research and development companies. TRI-Princeton preserved the stately residence creating within its walls meeting rooms and offices, and the institution has remained a responsible caretaker for this beautiful estate for the past 70 years. The estate's land, originally including more acreage, now encompasses 18.47 acres featuring groves of specimen trees, broad expansive lawns, and a gentle slope to Lake Carnegie. The property is zoned R-5, which allows for the creation of 1/2 acre lots and is easily accessible with broad frontage on both Riverside Drive and Prospect Avenue. The stone manor house can be re-purposed once again or removed depending on the vision of the purchaser. The possibilities are limitless.

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Property Location

Community Reports

Home Information

  • MLS#

    1005948467

  • Bedrooms

    2

  • Full Baths

    3

  • Half Baths

    2

  • Levels

    3

  • Fireplaces

    1

  • Basement

    Full

  • Garage Spaces

    0

  • Style

    Traditional

  • Type

  • Year Built

    1914

  • Age

    106

  • Subdivision

    RIVERSIDE

  • County

    MERCER

  • Total Est Taxes

    $75120.00

  • R.E. Tax Year

    2017

  • Home SQ FT

    10000<

  • Lot Size

    18.47 acres

  • Exterior Const

    Stone,Other

  • Heat System

    Radiator

  • Cool System

    Central A/C,Wall Unit

  • Water

    Public

  • Sewer/Septic

    Public Sewer

  • Heat Fuel

    Natural Gas

  • Hot Water

    Natural Gas

  • Cool Fuel

    Electric

Listing Brokerage

CHSIR

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