$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

  • 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

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: 2/22/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with fence 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. Typical income of Princeton, NJ residents is $200k+ annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

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

About 240 Library Pl

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.

While more than 8 listings in Princeton, NJ in January 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 13 were sold below. The number of listings in Princeton, NJ decreased by 3.6% between December and January 2025. While the average time on the market in January 2025 was 65 days, the median list price was $858,468.

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

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