601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 1 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 2 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 3 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 4 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 5 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 6 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 7 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 8 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 9 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 10 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 11 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 12 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 13 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 14 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 15 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 16 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 17 601 PROSPECT AVENUE, PRINCETON NJ 08540 Photo 18

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601 PROSPECT AVENUE - This is one of Princeton's most beautiful remaining tracts of land offering spectacular views of and access to Lake Carnegie in the coveted Riverside section. Originally a private residence, this gracious stone-sheathed manor home was built in 1914. When the non-profit research firm, Textile Research Institute, sought expansion and closer collaboration with universities after World War II, it purchased this estate in Princeton, a town which was attracting many new research and development companies. TRI-Princeton preserved the stately residence creating within its walls meeting rooms and offices, and the institution has remained a responsible caretaker for this beautiful estate for the past 70 years. The estate's land, originally including more acreage, now encompasses 18.47 acres featuring groves of specimen trees, broad expansive lawns, and a gentle slope to Lake Carnegie. The property is zoned R-5, which allows for the creation of 1/2 acre lots and is easily accessible with broad frontage on both Riverside Drive and Prospect Avenue. The stone manor house can be re-purposed once again or removed depending on the vision of the purchaser. The possibilities are limitless.

Listing information

  • MLS® ID: 7229066
  • Status: Active
  • New Construction: No
  • Estimated Annual Taxes: $75,120
  • Style: Other
  • Stories: 0
  • Foreclosure: No
  • County: Mercer
  • Year Built: 1914
  • Parking Type Description: Other 0 cars
  • Lot Area: 18.47 Acres
  • School District: Princeton Regional

Features

Land Use Use Your Builder
Lot Description Corner Lot, Water Front
Other Farm - N, Land Square Feet - 804553.0, LimitedService - N, Lot Number - 00002-00004, Structures - Y, Water Frontage - 700, WaterFront - Y
Restriction/Easements Easements, RollBackTax, SubjToZoning
Roads Boro/Township, PavedRoadIn
Sewer Septic Public Sewer
Structure List Other, Storage Barn/Shed
Topography Level, PartWoodTopo
Utilities ElectrcAvail, GasAvail, WaterAvail
Water Public
Listing Courtesy of Barbara Blackwell of Callaway Henderson Sotheby's Int'l-Princeton