Mercer County  »  08540  »  Lake Dr  »  561 Lake Dr

561 Lake Drive, Princeton, NJ 08540 - Property report

Also known as: 561 Lake Dr

Property image for 561 Lake Drive, Princeton, NJ 08540
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Property type

Residential (2)

Year built

1965

Acreage

0.7

Sale price

$1

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
561 Lake Drive
ZIP code
08540
County
Mercer
Block
8801
Lot
7
Municipality
1114
Parcel ID
8801-7

Owner

Find out who owns 561 Lake Drive, Princeton, NJ 08540. Uncover corporate and individual owners with a free account.

Sales
Sale date
09/07/1994
Sale price
$1
Arm's length
Tax
Tax year
2026
Current property tax
$88,167
Building
Property type
Residential (2)
Building sq. ft.
1,589
Stories
1
Year built
1965
Exterior structural material
Lot
Acreage
0.7

Area overview

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

Ownership information for 561 Lake Drive, Princeton, NJ

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

Sales history for 561 Lake Drive, Princeton, NJ 08540

Sale date Sale price Buyer name Seller name
09/07/1994 $1

*Most recent sale on record for this property.

More about Mercer County property records.

Title documents

No recently recorded documents for this property.

Property taxes for 561 Lake Drive, 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
$88,167
Recent tax assessments
Market value
$1,496,900
Land value
$1,272,500
Building value
$224,400

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 $1,496,900 $1,496,900 5.89 $88,167 +121.18%
2024 $1,496,900 $1,496,900 2.663 $39,862 +5.93%
2023 $1,496,900 $1,496,900 2.514 $37,632 +3.37%
2022 $1,496,900 $1,496,900 2.432 $36,405 -0.29%
2021 $1,496,900 $1,496,900 2.439 $36,509 +0.79%
2020 $1,496,900 $1,496,900 2.42 $36,225 +2.02%
2019 $1,496,900 $1,496,900 2.372 $35,506 +1.72%
2018 $1,496,900 $1,496,900 2.332 $34,908 +1.39%
2017 $1,496,900 $1,496,900 2.3 $34,429 +1.59%
2016 $1,496,900 $1,496,900 2.264 $33,890 +9.29%

Permit information for 561 Lake Drive, 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 561 Lake Drive, 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)
Riverside Elementary School 9 Public PK, K-5 293 0.58
Riverside Elementary School 9 Public PK, K-5 293 0.58
Newgrange School & Educational NR Private 2-12 0 0.80
French American School of Princeton NR Private PK-8 191 0.84
French American School of Princeton NR Private PK-8 191 0.84
Harmony School at Princeton NR Private PK-K 150 0.88
Harmony School at Princeton NR Private PK-K 150 0.88
Littlebrook School 7 Public PK, K-5 387 1.15
Littlebrook School 7 Public PK, K-5 387 1.15
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Newgrange School & Educational NR Private 2-12 0 0.80
French American School of Princeton NR Private PK-8 191 0.84
Fusion Academy Princeton NR Private 7-12 30 1.02
St Paul School NR Private PK-8 287 1.29
J Witherspoon Middle School 7 Public 6-8 816 1.58
Princeton Latin Academy NR Private K-10 28 1.61
Princeton Charter School 10 Charter K-8 424 2.06
Community Middle School 7 Public 6-8 1,071 2.29
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Newgrange School & Educational NR Private 2-12 0 0.80
Fusion Academy Princeton NR Private 7-12 30 1.02
Princeton High School 6 Public 9-12 1,532 1.53
Princeton Latin Academy NR Private K-10 28 1.61
Princeton Day School NR Private PK-12 949 1.76
The Lewis School & Clinic for Educational Therapy NR Private PK, K-12 180 1.92
West Winsdor Plainsboro North 6 Public 9-12 1,486 2.35
West Windsor-Plains High School South 7 Public 9-12 1,630 2.97
South Brunswick High School 6 Public 9-12 2,786 3.86

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

Frequently asked questions

What is the year built for 561 Lake Drive, Princeton, NJ 08540?

The development at 561 Lake Drive, Princeton, NJ 08540 was built in 1965.

What is the total square footage of 561 Lake Drive, Princeton, NJ 08540?

561 Lake Drive, Princeton, NJ 08540 has a total of 1,589 square feet.

When was 561 Lake Drive, Princeton, NJ 08540 last sold and what was the sale price?

561 Lake Drive, Princeton, NJ 08540 was last sold on 09/07/1994 for $1.

What is the assessed value of 561 Lake Drive, Princeton, NJ 08540?

561 Lake Drive, Princeton, NJ 08540 is currently assessed at $1,496,900.

What are the property taxes for 561 Lake Drive, Princeton, NJ 08540?

The property taxes for 561 Lake Drive, Princeton, NJ 08540 total $88,167.

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