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40 Truman Ave, Princeton, NJ, 08540

2beds
3baths
0sqft
$679,900
--price/sqft
$4,863/moest. monthly cost
$194,520/yrincome needed

About This Home

Beautiful north-facing 2 bed, 2.5 bath townhome with 1-car garage featuring high ceilings and elegant upgrades throughout. The main level offers hardwood flooring, crown molding in the living and dining rooms, and a spacious family room with recessed lighting and a gas fireplace with custom-built entertainment center above. The upgraded kitchen includes 42'' cherry cabinets with crown molding, pull-out drawers, double stainless-steel sink, built-in microwave, pantry, granite countertops, marble flooring, tile backsplash, and stainless-steel appliances. The foyer and kitchen feature marble flooring, while the dining area is finished with tile flooring. Upstairs features comfortable carpeting and a versatile loft with recessed lighting. The spacious primary bedroom includes a large closet, and the primary bath features a designer backsplash and linen closet. The second bedroom includes a professionally designed closet organizer, offering excellent storage and functionality.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

10/10
8/10
Montgomery High SchoolGrades 9-123.9 mi

Construction

Condition

  • Year built: 2003

Materials

  • Roof: Asphalt

Type & Style

  • Home type: Townhouse
  • Architectural style: Colonial, Townhouse, Two Story
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Gas Range/Oven,Microwave,Refrigerator,Range,Washer,Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full, Storage Space

Bedrooms & Bathrooms

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

Dining Room

  • Features: Formal Dining Room

Features

  • Kitchen,Bath Half,Living Room,Dining Room,Family Room,2 Bedrooms,Bath Full,Attic
  • Flooring: Carpet,Ceramic Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 0

Kitchen

  • Features: Eat-in Kitchen

Master Bedroom

  • Features: Full Bath

Property

Details

  • Parcel number: 133700200005144

Features

  • Levels: Two, Three Or More
  • Stories: 3
  • Patio & porch: Patio,Enclosed
  • Exterior features: Patio,Enclosed Porch(es)

Lot

  • Features: Level
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 1
  • Parking features: 1 Car Width,Garage,Attached,Built-In Garage,Detached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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

  • 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 $3,437$41,244
Home Insurance *$191$2,292
Property Taxes $1,042$12,504
Electricity $193$2,318
Total$4,863$58,356
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$166,731/yr
40% on housing$145,890/yr
45% on housing$129,680/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

--This 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
2026-08-03Price change$3,800
2026-07-16Listed for rent$3,500
2026-06-30Price change$679,900
2026-05-20Listed for sale$699,900
2026-05-19Listing removed$725,000
2026-05-04Contingent$725,000
2026-04-17Listed for sale$725,000
2025-11-17Listing removed$3,700
2025-11-09Listing removed$739,900
2025-09-18Listed for rent$3,700
2025-08-26Listed for sale$739,900
2025-08-02Listing removed$660,000
2025-05-02Contingent$660,000
2025-04-16Listed for sale$660,000
2025-04-04Listing removed$3,600
2025-03-18Price change$3,600
2025-03-02Listed for rent$3,700
2024-03-08Listing removed--
2024-02-16Listed for rent$3,600
2024-02-08Listing removed--
2024-01-18Listed for rent$3,800
2011-02-11Listing removed$424,000
2011-02-07Listed for sale$424,000
2011-01-10Sold$418,000
2010-12-18Listed for sale$424,000
2003-07-02Sold$357,555

For Sale by Agent

AgentRICHARD J. ABRAMS
BrokerageCENTURY 21 ABRAMS & ASSOCIATES

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