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55 Scarlet Oak Dr, Princeton, NJ, 08540

3beds
3baths
1,640sqft
$670,000
$409price/sqft
$4,796/moest. monthly cost
$191,840/yrincome needed

About This Home

Beautifully updated and move-in ready, this 3-bedroom, 2.5-bath townhome sitsin the sought-after Montgomery Walk community, served by top-ratedMontgomery Township schools. Newer laminate flooring runs through the main level inan open, light-filled layout. The main floor centers on a spacious living room with a gasfireplace, flowing to a granite kitchen with white cabinetry, a mosaic-tile backsplash, gasrange, microwave, Bosch dishwasher, and Samsung refrigerator. The adjacent dining areaopens through a sliding glass door to a private deck that backs to grassy common space. Apowder room and an attached garage complete the level.Upstairs, the primary suite offers a private bath with a soaking tub, separate stall shower, anddouble closet, plus two additional bedrooms (all with dimmable ceiling lights), a full hall bath,and a Samsung washer and dryer. The fully finished, township-permitted basement addsgenerous flex space with a wet bar, ideal for a rec room, media room, gym, or home office.Recent improvements include a new roof (2025), a brand-new HVAC system (2024), a 2024interior repaint, new modern light fixtures, cordless shades, an updated hallway vanity, and aGoogle Nest thermostat. The home backs to a grassy common area with a playground andtennis courts, and the HOA handles lawn care, driveway snow removal, and trash. All withinthe acclaimed Montgomery Township public school system and minutes from PrincetonUniversity and leading private schools.

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
52
BikeBikeable

Schools

10/10
8/10
Montgomery High SchoolGrades 9-123.5 mi

Construction

Condition

  • Year built: 2003

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Stone,Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: See Remarks,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Laminate
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Common walls with other units/homes: 2+ Common Walls,Townhouse-Interior

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,640
  • Total interior livable area: 1,640 sqft

Kitchen

  • Features: Eat-in Kitchen

Property

Details

  • Parcel number: 2713370050000000090000
  • Attached to another structure: Yes
  • Exclusions: window treatments

Features

  • Levels: Multi Floor Unit
  • Patio & porch: Deck
  • Exterior features: Tennis Court(s)

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: .06 AC

Parking

  • Total spaces: 1
  • Parking features: 1 Car Width
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Winter Weather
Cold Wave
Heat Wave
Ice Storm
Lightning

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

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

MonthlyAnnual
Mortgage $3,387$40,644
Home Insurance *$189$2,268
Property Taxes $1,027$12,324
Electricity $193$2,318
Total$4,796$57,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$164,434/yr
40% on housing$143,880/yr
45% on housing$127,893/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

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.

Insurance Growth Rate5-year average: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$409This listing

vs Other Active Listings

Avg $/sqft

ZIP 08540$487
Somerset County$343

vs Homes Sold Last Month

Median $/sqft

ZIP 08540$399
Somerset County$348

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

DateEventPrice
2026-07-29Contingent$670,000
2026-07-02Listed for sale$670,000
2026-06-29Pending sale$670,000
2026-06-29Contingent$670,000
2026-06-18Listed for sale$670,000
2024-04-20Listing removed--
2024-04-10Listed for rent$4,100
2020-08-20Listing removed$2,850
2020-08-15Listed for rent$2,850
2019-06-12Sold$437,000
2019-04-24Pending sale$439,900
2019-04-12Listed for sale$439,900
2017-02-21Sold$425,000
2016-11-10Listed for sale$425,000
2002-12-26Sold$278,900
2002-10-31Sold$237,720

For Sale by Agent

AgentXiaoyi Wu
BrokerageQueenston Realty

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