Address
87 Library Place, Princeton, NJ
Price
$ 1,995,000
Property Attributes
- MLS#NJME2030562
- TypePending
- CountyMERCER
- CityPrinceton
- AreaPrinceton
- NeighborhoodWestern
- Zip08540
- StyleGeorgian
- Year Built1860
- Taxes$ 62808
- Price$ 1,995,000
- Bedrooms8
- Full Bathrooms5
- Half Bathrooms2
- Lot Size0.46 Acres
Data Source:
Bright MLS
Property Description
Welcome to this one-of-a-kind home, with an inspiring history that spans three centuries. This estate owned home built during the Gilded Age and renovated in the Roaring Twenties exudes old-world charm. Featuring 8 bedrooms and 5 full bathrooms (plus 2 half baths), this exquisite residence is characterized by hand-carved doors, archways, wide board and herringbone floors, and multiple fireplaces throughout the three finished stories all connected by center hall stairs as well as service stairs. The library/great room opens to a courtyard that was used for all sorts of entertaining. Hidden shelving behind rich wood paneling highlights this homes characterful past. The huge kitchen offers the footprint to create your modern-day chefs dream space! Formal and informal rooms are perfectly scaled for lifes celebrations whether large or small. All brick construction ensures years of lasting beauty. This is truly an unforgettable place to call home on one of Princetons most iconic streets! Newly waterproofed basement with transferable guarantee. History of House: .The house was designed c. 1899 by architect L. Baker of the Philadelphia firm Baker and Dallett for his parents, the grandparents of Lewis B. Cuyler who was born in the house in 1902. The house was renovated in the 1920's by the architect Mott B. Schmidt who designed for the Vanderbilts and Morgans in NYC. He designed an addition to Gracie Mansion in NYC as well.
| Price History | |
|---|---|
| 5/24/2023 | Listed $2,500,000 |
| 11/16/2023 | 10% - $2,250,000 |
| 2/3/2024 | 12% - $1,995,000 |
General Features
| Interior Features | Additional Stairway,Built-Ins,Crown Moldings,Curved Staircase |
|---|---|
| Sewer | Public Sewer |
| Heating | Radiator |
| Cooling | None |
| Possession | Coin w/Sell Sett |
| Zoning | R1 |
| Garage Spaces | 2.00 |
| Architectural Style | Georgian |
| Construction Materials | Brick |
| Year Built | 1860 |
| Levels | 3 |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Accessibility | None |
| County | MERCER |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Subdivision Name | WESTERN |
| Garage Y/N | Yes |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | PENDING |
| Directions | Nassau St. to Library Place |
| ModificationTimestamp | 2024-05-12T08:45:56 |
| City | PRINCETON |
| Buyer Agent Compensation | 2.5 |
| Senior Community Y/N | No |
| MLS Area | Princeton (21114) |
| Lot Size Square Feet | 19998.00 |
| Tax Assessed Value | 2582600.0 |
| Waterfront Y/N | No |
| Street Name | LIBRARY |
| Tax Annual Amount | 62808.0 |
| Structure Type | Detached |
| Condo/Coop Association Y/N | No |
| Bathrooms Count Main Level | 2.00 |
| Acceptable Financing | Cash,Conventional |
| Vacation Rental Y/N | No |
| Virtual Tour | https://www.wellcomemat.com/mls/k1mac43bf491lbia |
| Days on Market | 251 |
| Standard Status | Pending |
| Year Built Source | Assessor |
| Tax Lot | 00007 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Oil |
|---|---|
| Basement | Unfinished,Water Proofing System |
| Flooring | Concrete,Wood,Tile/Brick |
| Total Fireplaces | 9 |
| Hot Water | Oil |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Full Baths | 5 |
| Half Baths | 2 |
| Street Suffix | PLACE |
| Central Air Y/N | No |
| Total Bedrooms | 8 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Estimated |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin SQFT Source | Assessor |
| Below Grade Finished Area Source | Assessor |
| Bedrooms Count All Upper Levels | 8 |
| Bedrooms Count Upper Level 1 | 3 |
| Bedrooms Count Upper Level 2 | 5 |
| Bathrooms Half Main Level | 2 |
| Bathrooms Full Upper Level 2 | 2 |
| Bathrooms Full Upper Level 1 | 3 |
| Bathrooms Full All Upper Levels | 5 |
| Bathrooms Count Upper Level 2 | 2.00 |
| Bathrooms Count Upper Level 1 | 3.00 |
| Bathrooms Count All Upper Levels | 5 |
| Above Grade Finished Area Source | Estimated |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 7 |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Total Parking Spaces | 2 |
| Garage Features | Built In |
| Type of Parking | Attached Garage |
| Foundation Details | Concrete Perimeter |
| Water View Y/N | No |
| Lot Dimensions | 100.00 x 200.00 |
| Lot Size Acres | 0.46 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 810000.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| # of Attached Garage Spaces | 2 |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 08540
Price
Taxes
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Year Built
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