$3,750,000

240 Library Pl Princeton, NJ 08540

7 beds
7 full, 1 partial
1.1 acres
House

Property details

About 240 Library Pl

On a corner lot in the heart of the famous Western Section, a mere half-mile from bustling downtown and Princeton University's world-class campus, astonishing artistry and a fascinating history combine for a home like no other. As refined as it appears from the courtyard entry, it only gets more impressive as you continue through the array of rooms discovering storied mantelpieces, carved woodwork and imported fixtures along the way. The deep grounds also never fail to surprise and delight all who are lucky enough to spend a day relaxing by the Roman-style pool or dining on the stone terrace. The lawn and formal garden have even hosted tented celebrations for hundreds with ease. The 1840 house welcomes you into the foyer, where a mural's softly colored tree branches reach toward an unusually high ceiling. The living room is large enough for a combination of seating areas or even billiards, as the current set-up shows. Pocket doors allow a view of the library's elaborately detailed woodwork while seated in the classically styled dining room. Plenty of sunshine and radiant heat keep the marble-clad family room from ever feeling chilly. New quartz countertops freshen up the crisp white kitchen with a wealth of storage around every turn. A breezeway connects the three-car garage and leads to a pool house like no other, where glass and crystal creations custom-made in Paris by the artisans of Lalique conjure a magical underwater fantasy world. Carved sea creatures whimsically watch over the gathering space served by a full kitchen, wine cellar and bathrooms worthy of Poseidon himself! Above, a playroom/gym provides plenty of space for healthy indoor recreation. The upper levels of the main house hold seven bedrooms served by five baths. The largest and airiest of those bedrooms radiate from the light-filled landing, along with an office beyond fanlight-topped pocket doors. The main suite has it all: dressing room, fireplace, marble bath, sunroom and a deck overlooking a trickling water feature and stunning trees that put on an autumnal show. This is your chance to leave your mark on one of the Western Section's finest showplaces.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Zoned
StatusActive
(ACTIVE)
CoolingCentral Air, Zoned
BasementYes
Lot size1.05 Acres
Year built1840
ParkingInside Access, Gravel Driveway, Driveway,Attached Garage
MLS #NJME2054802
Garage3 spaces

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 7
  • Appliances: Cooktop, Oven, Double Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Dryer, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Flooring Type: Wood, Ceramic Tile, Tile/Brick, Heated, Marble
  • Interior: Primary Bath(s), Butlers Pantry, Skylight(s), Wet/Dry Bar, Bathroom - Stall Shower, Dining Area, Breakfast Area, Cedar Closet(s), Crown Moldings, Curved Staircase, Pantry, Recessed Lighting, Bathroom - Soaking Tub, Bathroom - Tub Shower, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wine Storage, Wood Floors, Additional Stairway, Built-Ins, Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet
  • Total Bedroom Count: 7
  • Garage Space: 3 spaces
  • Parking: Inside Access, Gravel Driveway, Driveway,Attached Garage
  • Exterior: Hot Tub, Lawn Sprinkler
  • Architectural Style: Colonial
  • Heating: Forced Air, Zoned
  • Cooling: Central Air, Zoned
  • List Price: $3,750,000
  • Annual Tax Amount: $79,796
  • Tax Year: 2024
  • Lot: Corner Lot, Level, Front Yard, Back Yard, Side Yard(s)
  • Directions: Stockton Street to Library Place.
  • Year Built: 1840
  • Stories: 3
  • Municipality: Princeton
  • Lot Size: 1.05 Acres
  • MLS Number: NJME2054802
  • MLS Name: BRIGHT
  • Office Name: Callaway Henderson Sotheby's Int'l-Princeton
  • Office Phone: (609) 921-1050
  • Office Email: info@callawayhenderson.com
  • Listing Agent: Maura Mills
  • Agent Phone: (609) 947-5757
  • Agent Email: mmills@callawayhenderson.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/19/2025, 11:45:41 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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240 Library Pl, Princeton, NJ 08540 - view of front of home with stucco siding, a chimney, and a high end roof

$3,750,000

240 Library Pl

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Price information

Property sales

DateEventPrice
Mar 10, 2005
Home Sold
$3,350,000

Tax history

YearAssessmentProperty Tax
2024$3,174,100$79,796
2022$3,174,100$77,416
2021$3,174,100$76,813
2020$3,174,100$75,289
2019$3,174,100$74,020

History based on county public records data.

Nearby schools

6

Community Park Elementary School

Public District PK-5

0.6 mi

372 Witherspoon St

6

Johnson Park Elementary School

Public District PK-5

0.7 mi

285 Rosedale Rd

9

Riverside Elementary School

Public District PK-5

1.9 mi

58 Riverside Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $129,375. The most common annual income of people living in Princeton, NJ is $200k+. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

34%
<35k
11%
35k-100k
20%
100k-200k
35%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

42%
Single, No Kids
4%
Single, with Kids
33%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
10%
12-17 yrs old
10%
18-34 yrs old
38%
35-64 yrs old
31%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • NordstromNordstrom
  • Chico'sChico's

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • BuickBuick

What do the neighbors listen to?

  • NewsNews
  • Talk/PersonalityTalk/Personality
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Princeton, NJ

Princeton's transportation infrastructure supports both private and public transit options, with a network of local and regional buses facilitating connectivity. The town is bike-friendly, with dedicated lanes and trails. Major roads and highways are easily accessible, making commuting to nearby cities convenient. Public transportation schedules are designed to accommodate the needs of residents and students alike.

The town is served by a robust educational system, including several public and private schools that cater to various educational needs, from elementary to high school levels. Princeton is home to top-rated healthcare facilities, with a focus on research and specialized care. The public library system is extensive, supporting lifelong learning. Retail and dining establishments reflect the town's cosmopolitan yet quaint character.

Princeton is celebrated for its rich academic and cultural heritage, largely influenced by the prestigious Princeton University. The community prides itself on a vibrant arts scene, with numerous galleries, theaters, and public lectures. Annual events like the Princeton Festival showcase the town's commitment to cultural enrichment and community engagement.

Princeton's housing market is characterized by a blend of historic charm and modern luxury, with a significant presence of colonial and Victorian-style homes. The area also offers contemporary condominiums and townhouses, providing options for a range of preferences and lifestyles. Single-family homes are prevalent, reflecting the town's suburban appeal.

About 240 Library Pl

The listing price of 240 Library Pl property is $3,750,000.

The property 240 Library Pl is a house located in Princeton, New Jersey, 08540.

Active Listing: 240 Library Pl is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 240 Library Pl are: Community Park Elementary School (GreatSchools Rating 6/10), Johnson Park Elementary School (GreatSchools Rating 6/10), Riverside Elementary School (GreatSchools Rating 9/10), Princeton Middle School (GreatSchools Rating 7/10), Princeton Charter School (GreatSchools Rating 10/10), Community Middle School (GreatSchools Rating 7/10), Princeton High School (GreatSchools Rating 6/10), West Windsor-Plainsboro High School South (GreatSchools Rating 7/10), West Windsor-Plainsboro High School North (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $79,796 (source: MLS/based on county public records data).

The last sale was on March 10, 2005 for $3,350,000 (source: MLS/tax record).

The property at 240 Library Pl has 7 bedrooms and 7 full and 1 half bathrooms.

The sq. ft. of 240 Library Pl is not available (source: MLS/tax record).

The year of construction for 240 Library Pl is 1840.

This home is located at 240 Library Pl in Princeton, NJ and zip code 08540. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since February 20, 2025 and is currently priced at $3,750,000.

In May 2025 more than 4 listings in Princeton, NJ were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below. The inventory of homes for sale in Princeton, NJ between April and May 2025 increased by 35.2%. While the average time on the market in May 2025 was 16 days, the median list price was $716,500.

From Rocket Homes Real Estate and based on county public records data.

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