Mercer County  »  08540  »  Prospect Ave  »  721 Prospect Ave

721 Prospect Avenue, Princeton, NJ 08540 - Property report

Also known as: 721 Prospect Ave

Property image for 721 Prospect Avenue, Princeton, NJ 08540
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Property type

Residential (2)

Year built

1939

Acreage

0.39

Sale price

$1,300,000

General information

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Address
Primary address
721 Prospect Avenue
ZIP code
08540
County
Mercer
Block
5901
Lot
14
Municipality
1114
Parcel ID
5901-14

Owner

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Sales
Sale date
10/21/2016
Sale price
$1,300,000
Arm's length
Tax
Tax year
2026
Current property tax
$70,067
Building
Property type
Residential (2)
Building sq. ft.
1,938
Stories
2
Year built
1939
Lot
Acreage
0.39

Area overview

Walk score
3 /100.  Car-Dependent
Transit score
0 /100.  Minimal Transit
Bike score
65 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 721 Prospect Avenue, Princeton, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 721 Prospect Avenue, Princeton, NJ 08540

Sale date Sale price Buyer name Seller name
10/21/2016 $1,300,000 XXXXXXXXX XXXXX & X XXXXXXX-XXXXXX XXXXX,XX. XXXX X. XXXXXXX
08/22/2014 $1
07/14/1997 $100

*Most recent sales on record for this property.

More about Mercer County property records.

Title documents

No recently recorded documents for this property.

Property taxes for 721 Prospect Avenue, Princeton, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$70,067
Recent tax assessments
Market value
$1,189,600
Land value
$979,500
Building value
$210,100

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $1,189,600 $1,189,600 5.89 $70,067 +121.18%
2024 $1,189,600 $1,189,600 2.663 $31,679 +5.93%
2023 $1,189,600 $1,189,600 2.514 $29,907 +3.37%
2022 $1,189,600 $1,189,600 2.432 $28,931 -0.29%
2021 $1,189,600 $1,189,600 2.439 $29,014 +0.79%
2020 $1,189,600 $1,189,600 2.42 $28,788 +2.02%
2019 $1,189,600 $1,189,600 2.372 $28,217 +1.72%
2018 $1,189,600 $1,189,600 2.332 $27,741 +1.39%
2017 $1,189,600 $1,189,600 2.3 $27,361 +1.59%
2016 $1,189,600 $1,189,600 2.264 $26,933 +9.24%

Permit information for 721 Prospect Avenue, Princeton, NJ

No recently recorded permits for this property.

Risk

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FEMA flood zones

FEMA flood zones
0.2, AE, X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 721 Prospect Avenue, Princeton, NJ 08540 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
French American School of Princeton NR Private PK-8 191 0.44
French American School of Princeton NR Private PK-8 191 0.44
Littlebrook School 7 Public PK, K-5 387 0.60
Littlebrook School 7 Public PK, K-5 387 0.60
Riverside Elementary School 9 Public PK, K-5 293 0.82
Riverside Elementary School 9 Public PK, K-5 293 0.82
Harmony School at Princeton NR Private PK-K 150 0.98
Harmony School at Princeton NR Private PK-K 150 0.98
Newgrange School & Educational NR Private 2-12 0 1.01
Princeton Charter School 10 Charter K-8 424 1.64
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
French American School of Princeton NR Private PK-8 191 0.44
Fusion Academy Princeton NR Private 7-12 30 0.89
Newgrange School & Educational NR Private 2-12 0 1.01
J Witherspoon Middle School 7 Public 6-8 816 1.48
Yinghua International School NR Private PK-8 106 1.62
St Paul School NR Private PK-8 287 1.62
Princeton Charter School 10 Charter K-8 424 1.64
Community Middle School 7 Public 6-8 1,071 3.06
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Fusion Academy Princeton NR Private 7-12 30 0.89
Newgrange School & Educational NR Private 2-12 0 1.01
Princeton High School 6 Public 9-12 1,532 1.59
Princeton Day School NR Private PK-12 949 1.97
Princeton Latin Academy NR Private K-10 28 2.06
The Lewis School & Clinic for Educational Therapy NR Private PK, K-12 180 2.26
West Winsdor Plainsboro North 6 Public 9-12 1,486 3.16
South Brunswick High School 6 Public 9-12 2,786 3.36
West Windsor-Plains High School South 7 Public 9-12 1,630 4.00
Montgomery High School 8 Public 9-12 1,603 5.60

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 721 Prospect Avenue, Princeton, NJ 08540?

The development at 721 Prospect Avenue, Princeton, NJ 08540 was built in 1939.

What is the total square footage of 721 Prospect Avenue, Princeton, NJ 08540?

721 Prospect Avenue, Princeton, NJ 08540 has a total of 1,938 square feet.

When was 721 Prospect Avenue, Princeton, NJ 08540 last sold and what was the sale price?

721 Prospect Avenue, Princeton, NJ 08540 was last sold on 10/21/2016 for $1,300,000.

What is the assessed value of 721 Prospect Avenue, Princeton, NJ 08540?

721 Prospect Avenue, Princeton, NJ 08540 is currently assessed at $1,189,600.

What are the property taxes for 721 Prospect Avenue, Princeton, NJ 08540?

The property taxes for 721 Prospect Avenue, Princeton, NJ 08540 total $70,067.

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