




240 Library Pl, Princeton, NJ, 08540
About This Home
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. The property's tax assessment has been reduced.
Getting Around
Schools
Construction
Condition
- Year built: 1840
Materials
- Foundation: Block
- Roof: Metal,Slate
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Cooktop,Oven,Double Oven,Self Cleaning Oven,Dishwasher,Refrigerator,Dryer,Extra Refrigerator/Freezer,Stainless Steel Appliance(s),Washer,Gas Water Heater
- Laundry features: Laundry Room
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom2
- Level: Upper
- Area: 306
- Dimensions: 17 X 18
Bedroom3
- Level: Upper
- Area: 216
- Dimensions: 12 X 18
Bedroom4
- Level: Upper
- Area: 104
- Dimensions: 8 X 13
Bedroom5
- Level: Upper
- Area: 143
- Dimensions: 11 X 13
Bedroom6
- Level: Upper
- Area: 280
- Dimensions: 14 X 20
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 8
- Full bathrooms: 7
- 1/2 bathrooms: 1
- Main level bathrooms: 3
Breakfast Room
- Level: Main
- Area: 162
- Dimensions: 9 X 18
Dining Room
- Level: Main
- Area: 294
- Dimensions: 21 X 14
Exercise Room
- Level: Upper
- Area: 931
- Dimensions: 19 X 49
Family Room
- Level: Main
- Area: 378
- Dimensions: 14 X 27
Features
- Primary Bath(s),Butlers Pantry,Bar,Bathroom - Stall Shower,Dining Area,Breakfast Area,Cedar Closet(s),Crown Molding,Curved Staircase,Pantry,Recessed Lighting,Soaking Tub,Bathroom - Tub Shower,Upgraded Countertops,Walk-In Closet(s),Wine Storage,Additional Stairway,Built-in Features,Ceiling Fan(s),Family Room Off Kitchen,Floor Plan - Traditional,Formal/Separate Dining Room,Eat-in Kitchen,Kitchen - Gourmet,9'+ Ceilings,Vaulted Ceiling(s)
- Window features: Skylight(s),Window Treatments
- Flooring: Wood,Ceramic Tile,Tile/Brick,Heated,Marble
- Number of fireplaces: 5
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 0
Foyer
- Level: Main
- Area: 420
- Dimensions: 12 X 35
Great Room
- Level: Main
- Area: 408
- Dimensions: 17 X 24
Heating & Cooling
- Heating features: Forced Air,Zoned,Natural Gas
- Cooling features: Central Air,Zoned,Natural Gas
Interior Area
- Total structure area: 0
Kitchen
- Level: Main
- Area: 240
- Dimensions: 12 X 20
Laundry
- Level: Lower
- Area: 506
- Dimensions: 23 X 22
Library
- Level: Main
- Area: 357
- Dimensions: 17 X 21
Living Room
- Level: Main
- Area: 630
- Dimensions: 18 X 35
Office
- Level: Upper
- Area: 143
- Dimensions: 11 X 13
Other
- Level: Upper
- Area: 460
- Dimensions: 23 X 20
Other
- Level: Upper
- Area: 198
- Dimensions: 11 X 18
Other
- Level: Main
- Area: 55
- Dimensions: 5 X 11
Other
- Level: Main
- Area: 84
- Dimensions: 7 X 12
Other
- Level: Upper
- Area: 162
- Dimensions: 9 X 18
Primary Bedroom
- Level: Upper
- Area: 234
- Dimensions: 13 X 18
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 1400005 0200022
- Zoning: RESIDENTIAL
- Special condition: Standard
- Exclusions: See Listing Agent
Features
- Levels: Three
- Stories: 3
- Private pool: Yes
- Pool features: In Ground,Private
- Patio & porch: Patio
- Exterior features: Lawn Sprinkler,Balcony
- Has spa: Yes
- Spa features: Hot Tub
- Fencing: Partial
Lot
- Lot size: 1.05 Acres
- Features: Corner Lot,Level,Front Yard,Rear Yard,SideYard(s)
- Lot size dimensions: 0.00 x 0.00
Parking
- Total spaces: 3
- Parking features: Inside Entrance,Gravel,Driveway,Attached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $18,582 | $222,984 |
| Home Insurance * | $1,037 | $12,444 |
| Property Taxes | $6,584 | $79,008 |
| Electricity | $193 | $2,318 |
| Total | $26,396 | $316,752 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-05 | Listed for sale | $3,675,000 |
| 2026-04-09 | Contingent | $3,750,000 |
| 2026-04-07 | Listed for sale | $3,750,000 |
| 2025-12-24 | Listing removed | $3,750,000 |
| 2025-02-22 | Listed for sale | $3,750,000 |
| 2024-07-16 | Listing removed | -- |
| 2024-04-08 | Price change | $3,975,000 |
| 2024-03-22 | Listed for sale | $4,100,000 |
| 2023-11-04 | Listing removed | $4,100,000 |
| 2023-09-27 | Price change | $4,100,000 |
| 2023-07-09 | Listed for sale | $4,500,000 |
| 1995-09-14 | Sold | $575,000 |
For Sale by Agent
