Mercer County  »  08540  »  Teak Ln  »  15 Teak Ln

15 Teak Lane, Princeton, NJ 08540 - Property report

Also known as: 15 Teak Ln

Property image for 15 Teak Lane, Princeton, NJ 08540
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Property type

Residential (2)

Year built

1984

Acreage

1.377

Sale price

$1,107,500

General information

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Address
Primary address
15 Teak Lane
ZIP code
08540
County
Mercer
Block
6701
Lot
32
Municipality
1107
Parcel ID
6701-32

Owner

Find out who owns 15 Teak Lane, Princeton, NJ 08540. Uncover corporate and individual owners with a free account.

Sales
Sale date
10/06/2023
Sale price
$1,107,500
Arm's length
Tax
Tax year
2026
Current property tax
$23,738
Building
Property type
Residential (2)
Building sq. ft.
5,789
Year built
1984
Exterior structural material
Lot
Acreage
1.377

Area overview

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

Ownership information for 15 Teak Lane, Princeton, NJ

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

Sales history for 15 Teak Lane, Princeton, NJ 08540

Sale date Sale price Buyer name Seller name
10/06/2023 $1,107,500
05/22/2021 $1
08/12/2015 $1,200,000 XXXXX, XXXXX & XXXXX X XXXXXXX, XXXXXX X & XXXXX

*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 15 Teak Lane, 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
$23,738
Recent tax assessments
Market value
$750,000
Land value
$194,000
Building value
$556,000

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 $750,000 $750,000 3.165 $23,738 +2.16%
2024 $750,000 $750,000 3.098 $23,235 +2.04%
2023 $750,000 $750,000 3.036 $22,770 +1.85%
2022 $750,000 $750,000 2.981 $22,358 +1.29%
2021 $750,000 $750,000 2.943 $22,073 +1.41%
2020 $750,000 $750,000 2.902 $21,765 +1.29%
2019 $750,000 $750,000 2.865 $21,488 +2.32%
2018 $750,000 $750,000 2.8 $21,000 +0.47%
2017 $750,000 $750,000 2.787 $20,903 +1.49%
2016 $750,000 $750,000 2.746 $20,595 +2.85%

Permit information for 15 Teak Lane, Princeton, NJ

No recently recorded permits for this property.

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 15 Teak Lane, 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)
Princeton Junior School NR Private PK-6 0 0.35
Princeton Junior School NR Private PK-6 0 0.35
Chapin School NR Private PK-8 228 0.53
Chapin School NR Private PK-8 228 0.53
St Ann Elementary School NR Private PK-8 239 1.60
Lawrenceville Elementary School NR Public PK, K-3 291 1.76
Lawrenceville Elementary School NR Public PK, K-3 291 1.76
Benjamin Franklin Elementary School NR Public PK, K-3 335 2.41
Benjamin Franklin Elementary School NR Public PK, K-3 335 2.41
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Chapin School NR Private PK-8 228 0.53
St Ann Elementary School NR Private PK-8 239 1.60
Princeton Friends School NR Private PK-8 107 1.80
Princeton Child Development Institute NR Private PK-12 30 1.99
The Hun School Of Princeton NR Private 6-12 669 2.20
Lawrence Middle School 7 Public 7-8 549 3.57
J Witherspoon Middle School 7 Public 6-8 816 4.38
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
The Lawrenceville School NR Private 9-12 817 1.60
Princeton Child Development Institute NR Private PK-12 30 1.99
The Hun School Of Princeton NR Private 6-12 669 2.20
The Bridge Academy NR Private 70 2.82
Lawrence High School 6 Public 9-12 1,207 3.38
The Lewis School & Clinic for Educational Therapy NR Private PK, K-12 180 3.44
McVs Sypek Center Vocational School NR Public 9-12 2 3.79
Mercer County Technical School Stem Academy 9 Public 9-12 119 3.79
Mercer County Technical School Culinary Arts Academy 4 Public 9-12 109 3.79
Princeton High School 6 Public 9-12 1,532 4.15

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

Frequently asked questions

What is the year built for 15 Teak Lane, Princeton, NJ 08540?

The development at 15 Teak Lane, Princeton, NJ 08540 was built in 1984.

What is the total square footage of 15 Teak Lane, Princeton, NJ 08540?

15 Teak Lane, Princeton, NJ 08540 has a total of 5,789 square feet.

When was 15 Teak Lane, Princeton, NJ 08540 last sold and what was the sale price?

15 Teak Lane, Princeton, NJ 08540 was last sold on 10/06/2023 for $1,107,500.

What is the assessed value of 15 Teak Lane, Princeton, NJ 08540?

15 Teak Lane, Princeton, NJ 08540 is currently assessed at $750,000.

What are the property taxes for 15 Teak Lane, Princeton, NJ 08540?

The property taxes for 15 Teak Lane, Princeton, NJ 08540 total $23,737.

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