$2,195,000

348 Cherry Valley Rd Princeton, NJ 08540

$10,000
Closing credit¹
5 beds
3 full, 1 partial
3,351 sqft
5.6 acres
$655 / sqft
House

Property details

About 348 Cherry Valley Rd

The ultimate hideaway in the woods is closer to civilization than you imagine! While totally private at the end of a long private driveway, this storybook stone lodge—recently remodeled and modernized—sits within the confines of Princeton, just a short distance from its top-ranked schools and world-class entertainment and Princeton University. Moss-covered boulders are scattered among ferns and trees on 5.62 acres, allowing the owners to feel immersed in the peace of nature while mere minutes from the hustle and bustle of downtown Princeton. Based on the widely published designs by noted architect Ernst Flagg, this lodge has retained its timeless charm while incorporating modern updates that blend seamlessly with its historic character. Cottage-like from the outside yet surprisingly spacious and newly renovated within, the home is enchanting with updated casement windows and thoughtfully modernized interiors. Outdoor access and views of the grounds from nearly every room enhance its planned connection to nature that modern homes simply don't offer. Step back in time when you walk into the foyer sets as it sets a warm, rugged tone with high ceilings, exposed brick flooring, and an open fireplace crowned with a metal hood. The living room remains the centerpiece of the home, boasting a large natural stone fireplace, vaulted ceilings, and wood floors perfect for elegant entertaining or a quiet night at home in front of the fire with a book. The dining room looks to the rear of the property allowing dining or sitting while taking in the rear patio. The eat-in kitchen has exposed brick floors yet has been tastefully updated with an adjacent half bath, new cabinets, new counters, new modern appliances, lighting and a bar alcove that perfectly complements the woodsy atmosphere. The kitchen ends in a comfortable, private sitting room that looks out through glass on three sides at the natural beauty of the trees, expansive rear stone patio, and private wooded grounds this estate home offers. The first floor offers three charming bedrooms each with expansive views of the grounds, while sharing a beautifully remodeled full bath, while the second floor has been updated to an elegant primary suite with all the creature comforts and closet space you desire, including a spacious bath and separate laundry area. The second-floor primary suite offers views from the front, the rear, and a wall of windows to the side. Additionally, the guest apartment with a full kitchen, bedroom, and sitting area above the detached garage has been refreshed, allowing you to share the tranquility of this timeless yet modernized property with guests or as a separate rental for income. This lovely and one-of-a-kind home offers additional storage in the tiled basement area along with additional laundry facilities and a temperate wine room.

Highlights

Home typeSingle Family Residence
HeatingBaseboard
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)
CoolingCentral Air
Size3,351 sqft
BasementYes
Lot size5.62 Acres
Year built1928
ParkingAdditional Storage Area,Garage - Side Entry, Crushed Stone,Stone Driveway, Detached Garage,Driveway
MLS #NJME2052604
Garage2 spaces
ViewTrees/Woods

Summary

  • MLS Number: NJME2052604
  • MLS Name: BRIGHT
  • Office Name: Queenston Realty, LLC
  • Office Phone: (609) 924-5353
  • Listing Agent: Joshua D Wilton

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: 2/21/2025, 5:20:58 PM 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 facade

$2,195,000

348 Cherry Valley Rd

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 21, 2024
Home Sold
$1,100,000

Tax history

YearAssessmentProperty Tax
2024$854,700$21,487
2022$854,700$20,846
2021$854,700$20,683
2020$854,700$20,273
2019$854,700$19,931

History based on county public records data.

Nearby schools

6

Community Park Elementary School

Public District PK-5

2.1 mi

372 Witherspoon St

6

Johnson Park Elementary School

Public District PK-5

2.2 mi

285 Rosedale Rd

8

Village Elementary School

Public District 3-4

2.5 mi

100 Main Blvd

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 $132,955. The most common annual income of people living in Princeton, NJ is $200k+. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

13%
<35k
27%
35k-100k
27%
100k-200k
33%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

32%
Single, No Kids
7%
Single, with Kids
32%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
11%
12-17 yrs old
10%
18-34 yrs old
52%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • KmartKmart

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Princeton, NJ

About 348 Cherry Valley Rd

This home is located at 348 Cherry Valley Rd in Princeton, NJ and zip code 08540. This 3,351 square foot home, which was built in 1928, sits on a 5.62 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $2,195,000.

Over 8 listings were sold over their listed price in January 2025 in Princeton, NJ. In the same period over 13 listings were sold below the listed price and 6 listings were sold for the listed price. The number of listings in Princeton, NJ decreased by 3.6% between December and January 2025. Listings spent 65 days on the market in January 2025, and had a median list price of $858,468 during the same period.

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

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