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7 Park Lane, Princeton, NJ 08540 Property Information

7 Park Lane, Princeton, NJ 08540 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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7 Park Lane, Princeton, NJ 08540
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Address

Primary address 7 Park Lane, Princeton
Zip code 08540
County Somerset
Municipality Franklin Township
Block 15
Lot 17.04

Sales & Tax Overview for 7 Park Lane, Princeton

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 09/19/2024
Sale price $500,000
Arm's length
Current property tax $10,694

Lot & Building Information for 7 Park Lane, Princeton

Building sqft 2,663
Building class Residential (2)
Acreage 0.888
Year built 1970
Stories 1
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Residential (R-40)
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 7 Park Lane, Princeton

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About 7 Park Lane, Princeton

What is the year built & the total sq. ft. for 7 Park Lane, Princeton, NJ 08540?

7 Park Lane, Princeton, NJ 08540 was built in 1970 and has a total of 2,663 square feet.

What is the assessed value of 7 Park Lane, Princeton, NJ 08540 and the property tax paid?

Assessed at $619,200, the tax amount paid for 7 Park Lane, Princeton, NJ 08540 is $10,390.

When was 7 Park Lane, Princeton, NJ 08540 last sold and what was the last sale price?

7 Park Lane, Princeton, NJ 08540 was last sold in 09/19/2024 for $500,000.

Ownership Information

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Past Sales & Property History for 7 Park Lane, Princeton

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Purchase date Purchase price Buyer name Seller name
09/19/2024 $500,000
11/16/1987 $247,500
       
       
       
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Title Documents for 7 Park Lane, Princeton

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Date Amount Grantor Grantee Document
09/19/2024 - D
01/12/2005 - R
01/05/2005 - D
11/16/1987 - D
         
         
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R: Recorded date
D: Document date

Property Taxes for 7 Park Lane, Princeton

Access detailed property tax data for 7 Park Lane, Princeton, NJ 08540. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $10,390
Current property tax $10,694
Market value $619,200

Assessment History for 7 Park Lane, Princeton

Here's the assessment & property tax history for 7 Park Lane, Princeton, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $619,200 $619,200 1.678 $10,390 +11.96%
2024 $530,900 $530,900 1.748 $9,280 +1.20%
2023 $490,900 $490,900 1.868 $9,170 +11.92%
2022 $415,900 $415,900 1.97 $8,193 +1.61%
2021 $375,900 $375,900 2.145 $8,063 -2.37%

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 7 Park Lane, Princeton to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Woods Road Elementary School 10 Public PK, K-4 375 2.26
Woods Road Elementary School 10 Public PK, K-4 375 2.26
Constable Elementary School 7 Public K-5 513 2.36
Cambridge Elementary School 5 Public K-5 410 2.45
Claremont Elementary School 4 Public PK, K-5 655 2.57

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
East Mountain School NR Private 7-12 89 3.00
St. Augustine of Canterbury School NR Private PK, K-8 0 3.22
Rock Brook School NR Private PK-12 49 3.56
Montgomery Upper Mid School 9 Public 7-8 790 3.65
Yinghua International School NR Private PK-8 106 3.80

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
East Mountain School NR Private 7-12 89 3.00
Rock Brook School NR Private PK-12 49 3.56
Noor-Ul-Iman School NR Private PK-12 579 4.63
Hillsborough High School 6 Public 9-12 2,368 4.86
South Brunswick High School 6 Public 9-12 2,786 4.92

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 7 Park Lane, Princeton

Here are the neighbors for 7 Park Lane, Princeton.

Address Square feet Purchase date Purchase price
14 Acken Ln, Princeton 2,380 05/27/2016 $479,900
20 Park Ln, Princeton 06/15/1978
15 Park Ln, Princeton 791 03/17/2023
425 Bunker Hill Rd, Princeton 1,458 10/27/2000 $190,000
5 Park Ln, Princeton 2,556 03/29/2019
4 Park Ln, Princeton 1,458 09/09/2015 $375,000
22 Acken Ln, Princeton 1,088 06/09/2010 $325,000
11 Park Ln, Princeton 2,660 04/29/2014 $488,000
12 Park Ln, Princeton 1,632 04/23/2004 $360,000
23 Park Ln, Princeton 2,328 05/13/1991 $1
2 Park Ln, Princeton 2,093 09/05/1980 $126,500
19 Park Ln, Princeton 2,202 05/31/2017 $395,000
18 Acken Ln, Princeton 10/23/2023 $395,000
3 Park Ln, Princeton 2,635 08/23/2019 $430,000
8 Park Ln, Princeton 2,012 10/10/2019 $188,000
16 Park Ln, Princeton 3,147 11/24/2021
30 Acken Ln, Princeton 1,883 12/02/1971 $29,000
26 Acken Ln, Princeton 1,400 10/25/1999 $100
1 Park Ln, Princeton 2,952 01/17/2017 $387,500
25 Park Ln, Princeton 2,573 02/08/1999 $1

Nearby ZIP Codes for 7 Park Lane, Princeton

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