562 Prospect Avenue

Princeton, NJ
$ 1,399,000 Beds 5 Baths 4.5 Sq 2,788 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to this spacious home set on an oversized corner lot in Princetons desirable Riverside neighborhood. From the moment you enter, gleaming hardwood floors and abundant natural light create a warm and inviting atmosphere. The generous living room features large windows framing a mature magnolia tree, alongside a landscaped garden, and a backdrop of neighboring trees that creates a serene, wooded outlook, while the adjacent dining room provides direct access to the expansive patio with a pizza ovenperfect for entertaining or relaxing outdoors. The property is further enhanced by an assortment of established fruit trees, including apple, cherry, pear, and peach, adding to the charm of the expansive outdoor setting. At the heart of the home, the welcoming eat-in kitchen flows seamlessly into a comfortable step-down family room, creating an inviting space for everyday living and gatherings. The well-designed layout offers four bedrooms and three full bathrooms on one side of the home, while the opposite end features a private bedroom suite with its own full bathperfect for guests, an au pair, or extended family. In total, the home features four full bathrooms and one half bath. The spacious finished basement provides even more room to spread out and features a beautiful built-in wet bar, offering endless possibilities for a recreation room, home theater, gym, office, or entertaining space. A two-car garage adds convenience and ample storage. Ideally located in the sought-after Riverside section of Princeton, this home combines generous living spaces, an oversized lot, mature landscaping, and a wonderful sense of privacy, all within walking distance of Riverside Elementary School. A fantastic opportunity to enjoy comfortable living in one of Princetons most desirable neighborhoods.

ACTIVE

  • Price
  • $ 1,399,000
  • City
  • Princeton
  • Bedrooms
  • 5
  • Full Bathrooms
  • 4
  • County
  • MERCER
  • Half Bathrooms
  • 1
  • Area
  • Princeton
  • Lot Size
  • 0.65 Acres
  • Zip
  • 08540
  • Sqr Footage
  • 2,788
  • Year Built
  • 1962
  • Taxes
  • $ 23309
  • Style
  • Ranch/Rambler
  • MLS#
  • NJME2082210
Listed By: Ingela Kostenbader with Queenston Realty, LLC - 6099245353;
Data Source: Bright MLS

Features

General

Living Area 2788
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning R5
Garage Spaces 2.00
Architectural Style Ranch/Rambler
Security Features Electric Alarm
Construction Materials Other
School District PRINCETON REGIONAL SCHOOLS
Year Built 1962
Levels 1
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County MERCER
New Construction No
Property Type Residential
HOA No
Subdivision Name RIVERSIDE
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Full Baths 4
Status ACTIVE
Directions Riverside Dr to Prospect Ave
City PRINCETON
Senior Community Y/N No
MLS Area Princeton (21114)
Lot Size Units Square Feet
Lot Size Square Feet 28314.00
Tax Assessed Value 852900.0
Tax Annual Amount 23309.0
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 4
Bathrooms Count Main Level 4.00
Price Per Sq Ft Total AG 501.79
Vacation Rental Y/N No
Total SQFT 2788
Standard Status Active
Year Built Source Assessor
Tax Lot 00001

Interior Features

Interior Amenities Central Vacuum,Cedar Closet(s)
Heating Fuel Natural Gas
Basement Fully Finished
Hot Water Natural Gas
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 2788
Half Baths 1
Central Air Y/N Yes
Total Bedrooms 5
Main Level Bedrooms 5
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bathrooms Half Lower Level 1 1
Bathrooms Half All Lower Levels 1
Bathrooms Count Lower Level 1 1.00
Bathrooms Count All Lower Levels 1
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 5

Exterior Features

Pool No Pool
Water Source Public
Total Parking Spaces 6
Garage Features Garage - Side Entry,Inside Access,Garage Door Opener
Type of Parking Attached Garage,Driveway
Foundation Details Other
Water View Y/N No
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.65
Lot Size Source Assessor
Waterfront Y/N No
Land Assessed Value 565000.00
Navigable Water Y/N No
Water Oriented Y/N No
# of Attached Garage Spaces 2
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Bel Air, MD office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Riverside E.S.
Middle School John Witherspoon M.S.
High School Princeton H.S.

Price History

8/19/2026 Listed $1,399,000

Property vs Zip Code Average in 08540

Price
AVG $2.1M
$1.4M
Taxes
AVG $32,847
$23,309
Year Built
AVG 1963
1962
Visits
AVG 310
130
Data Provided by Inside Real Estate®

562 Prospect Avenue Princeton, NJ is a Single Family Home for sale at $1399000 with 2788 sqft and a lot size of 0.65 Acres Acre(s). 562 Prospect Avenue Princeton has 5 bedrooms, 4 baths and was built in 1962. The property's zip code is 08540 which is in Princeton, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.