23 Derwent Dr, Princeton, NJ, 08540
About This Home
Within the Pond View enclave, moments from downtown Princeton and the area’s top-rated schools, this extensively expanded home delivers generous living spaces, a long list of recent upgrades and exceptional flexibility, including a choice of primary suites. Freshly repointed and painted, the exterior sets a polished tone. Inside, oversized rooms feel bright and welcoming thanks to transom windows, recessed lighting and stylish modern fixtures. The 2-story living room and dining room flow together for seamless entertaining, while the kitchen offers double ovens, a Wolf cooktop, Sub-Zero fridge, island seating and a sunny breakfast bay - all within view of the family room’s showstopping stone fireplace. Wood beams emphasize the dramatic cathedral ceiling and add unforgettable character. In the opposite wing, an office joins the original primary suite boasting a massive walk-in closet and a bath updated in 2024 to include a Grohe shower tower. Upstairs, an additional suite, two more bedrooms, a crisp white hall bath and a cheerful laundry room join the spectacular second primary retreat, complete with a sitting area, a cozy new electric fireplace and a dedicated dressing room. Its spa-like bath is finished with basketweave marble tile, custom crystal lighting, a slipper tub and another Grohe shower tower. The finished basement adds even more living space with high ceilings, large windows and distinct spaces for fitness, media and guests. A full kitchen, freshly renovated full bath and exterior door make this level especially adaptable. Additional perks include a stone-tiled mudroom off the finished garage and two elevated decks, including one with a hot tub for evenings under the stars. Systems were continuously upgraded and a generator furthers peace of mind.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Excellent
- Year built: 1998
Materials
- Foundation: Block
- Roof: Asbestos Shingle
- Construction materials: Stucco,Stone
Notable Dates
- Major remodel year: 2010
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater
- Laundry features: Upper Level,Laundry Room,Mud Room
Basement
- Has basement: Yes
- Basement: Finished,Rear Entrance,Walk-Out Access
Bathroom1
- Features: Bathroom - Walk-In Shower,Soaking Tub
- Level: Main
- Area: 143
- Dimensions: 13 X 11
Bathroom1
- Level: Lower
- Area: 50
- Dimensions: 5 X 10
Bathroom2
- Features: Bathroom - Walk-In Shower,Soaking Tub
- Level: Upper
- Area: 180
- Dimensions: 15 X 12
Bathroom3
- Level: Upper
- Area: 117
- Dimensions: 13 X 9
Bedroom1
- Features: Flooring - HardWood,Walk-In Closet(s)
- Level: Main
- Area: 378
- Dimensions: 27 X 14
Bedroom2
- Features: Fireplace - Electric,Walk-In Closet(s),Window Treatments,Primary Bedroom - Sitting Area
- Level: Upper
- Area: 684
- Dimensions: 19 X 36
Bedroom3
- Features: Bathroom - Tub Shower
- Level: Upper
- Area: 168
- Dimensions: 12 X 14
Bedroom4
- Level: Upper
- Area: 196
- Dimensions: 14 X 14
Bedroom5
- Level: Upper
- Area: 210
- Dimensions: 14 X 15
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Breakfast Room
- Features: Flooring - HardWood
- Level: Main
- Area: 200
- Dimensions: 20 X 10
Dining Room
- Level: Main
- Area: 195
- Dimensions: 15 X 13
Exercise Room
- Level: Lower
- Area: 252
- Dimensions: 14 X 18
Family Room
- Features: Fireplace - Gas,Cathedral/Vaulted Ceiling,Flooring - HardWood
- Level: Main
- Area: 357
- Dimensions: 17 X 21
Family Room
- Level: Lower
- Area: 342
- Dimensions: 19 X 18
Features
- 2nd Kitchen,Attic,Soaking Tub,Bathroom - Walk-In Shower,Breakfast Area,Built-in Features,Combination Dining/Living,Combination Kitchen/Dining,Crown Molding,Entry Level Bedroom,Exposed Beams,Family Room Off Kitchen,Open Floorplan,Eat-in Kitchen,Kitchen - Gourmet,Kitchen Island,Recessed Lighting,Walk-In Closet(s)
- Window features: Bay/Bow,Double Pane Windows,Transom
- Flooring: Hardwood
- Number of fireplaces: 3
- Fireplace features: Stone,Gas/Propane
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 5,256
Foyer
- Features: Flooring - HardWood
- Level: Main
- Area: 180
- Dimensions: 10 X 18
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air,Natural Gas
Interior Area
- Total structure area: 5,256
- Total interior livable area: 5,256 sqft
Kitchen
- Features: Built-in Features,Granite Counters,Flooring - Solid Hardwood,Kitchen Island,Kitchen - Gas Cooking,Eat-in Kitchen
- Level: Main
- Area: 238
- Dimensions: 14 X 17
Kitchen
- Level: Lower
- Area: 255
- Dimensions: 17 X 15
Laundry
- Level: Upper
- Area: 55
- Dimensions: 5 X 11
Living Room
- Features: Fireplace - Gas,Cathedral/Vaulted Ceiling
- Level: Main
- Area: 440
- Dimensions: 22 X 20
Mud Room
- Features: Built-in Features
- Level: Main
- Area: 102
- Dimensions: 6 X 17
Office
- Features: Balcony Access
- Level: Main
- Area: 210
- Dimensions: 14 X 15
Other
- Level: Lower
- Area: 286
- Dimensions: 22 X 13
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 140350200004
- Zoning: RES
- Special condition: Standard
- Exclusions: Dining Room Chandelier (to Be Replaced By Sellers). All Personal Possessions
Features
- Levels: Three
- Stories: 3
- Pool features: None
- Patio & porch: Deck
- Exterior features: Tennis Court(s),Underground Lawn Sprinkler
- Has spa: Yes
- Spa features: Hot Tub
Lot
- Lot size: 0.71 Acres
- Features: Backs to Trees,Landscaped
- Lot size dimensions: 0.00 x 0.00
Parking
- Total spaces: 2
- Parking features: Garage Faces Front,Paved,Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Inland Flooding
- Strong Wind
- Winter Weather
- Hurricane
- Heat Wave
- Ice Storm
- Lightning
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 | $14,031 | $168,372 |
| Home Insurance * | $783 | $9,396 |
| Property Taxes | $4,971 | $59,652 |
| Electricity | $579 | $6,952 |
| Total | $20,364 | $244,368 |
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 |
|---|---|---|
| 2026-07-27 | Price change | $2,775,000 |
| 2026-05-13 | Listed for sale | $2,895,000 |
| 2004-08-21 | Sold | $1,280,000 |
| 1998-09-10 | Sold | $764,248 |
For Sale by Agent
View on Zillow