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51 GRASMERE WAY, PRINCETON, NJ 08540

POND VIEW · MERCER County

Key Facts

5Beds
5Baths
5,114Sq Ft
1997Year Built
0.69Lot (acres)
3Garage

Description

Grand Mansion in Pond View of Princeton, traditional model with extra options and the most square footage, brick front sits on 0.69acres surrounded by the lush landscaping, paver brick drive way, front walk way and spacious blue stone Terrace separated as Sap area with fountain Hot Tub and BBQ area with summer Kitchen by nature gas in back yard. Open the high-end dark solid wood double doors, hardwood flooring throughout Main level, offers two-story Foyer, Powder room, crown molding Living room with Fireplace, office with large wooden multi-functional bookcase and two big wooden frame windows facing back yard creating a calm and elegant atmosphere. Formal Dinner room connect to back yard by French door. Spacious Kitchen by well-planned, Kitchen island, granite counter tops, Sub Zero refrigerator, New Viking dishwasher, New Viking range, large breakfast area, Vaulted ceiling Family with fireplace, Sunroom connected. Main level Suite, Laundry room, easy to Upper level by back stairs. Upper lever offers 4 bedrooms. Master bedroom with sky light Closet room and walk-in closet, master bath in white marble with two sinks, walk-in shower, Jacuzzi. One large bedroom with full bath. Other two bedrooms share a full bath, new HVAC. Finished basement can be creation room with storage, new dehumidification system. Invisible Fence backyard, New sprinkler system, Close to Princeton Day School, sports fields, Tennis Club. Everyday enjoy four-seasons relaxing landscape in Pretty Brook area of Princeton.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Structure Type

House

Year Built

1997

Living Area

5,114 sq ft

Lot Size

0.69 acres

Lot Dimensions

0.00 x 0.00

Garage Spaces

3

Parking Spaces

9

Zoning

R

Days on Market

44

MLS® Listing#

NJME2077324

Property Features

Interior

Central VacuumKitchen IslandPantryRecessed LightingWalk-In Closet(s)OtherCathedral Ceiling(s)High CeilingsBuilt-in FeaturesCrown Molding

Exterior

BarbecueTennis Court(s)LightingRain Gutters

Appliances

RangeOvenGas RangeGas OvenCooktopGas Water HeaterBuilt-In RangeDishwasherExhaust FanRange HoodRefrigeratorStainless Steel Appliance(s)WasherWater Heater

Cooling

Central AirElectricAttic Fan

Heating

Exhaust FanNatural GasForced Air

Flooring

CarpetWood

Basement

Crawl SpacePartially FinishedSump PumpPartial

Pool

None

Parking

OversizedGarage Door OpenerGarageDrivewayOtherInside EntranceAttached

Laundry

Main Level

Patio

Terrace

Fencing

Invisible

Construction

BrickOther

Foundation

Block

Roof

Shingle

Windows

Window CoveringsInsulated WindowsDouble Pane WindowsSkylight(s)Bay Window(s)Window TreatmentsWood Frames

Security

Smoke Detector(s)Carbon Monoxide Detector(s)24 Hour Security

Sewer

Public Sewer

Water Source

Public

Rooms

  • Basement

Schools

Elementary:
JOHNSON PARK
Middle:
JOHN WITHERSPOON M.S.
High:
PRINCETON H.S.
District:
PRINCETON REGIONAL SCHOOLS

Financial Details

HOA

$2,000 / Annually

Annual Taxes

$40,317

Tax year 2025

Assessed Value

$1,475,200

Parcel Number

14-03501-00005 18

Directions

Pretty Brook Rd to Grasmere Way

Affordability Calculator

$518,000

Estimated monthly payment

$13,785/mo

Principal $2,072,000 · Est. interest $2,890,624 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in PRINCETON, NJ

$993,750
Median Listing Price
51
Median Days on Market
2,260
Median Sq Ft
$415
Median Price / Sq Ft
153
Active Listings
  • This home’s price is 161% above the area median.
  • Its price per sq ft is 22% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in PRINCETON, NJ.

Location

Map showing the location of 51 GRASMERE WAY, PRINCETON, NJ 08540

Points of Interest in PRINCETON, NJ

Showing the PRINCETON area map.

Nearby Schools

  • Princeton Day School

    Elementary · 0.3 mi away

  • Stuart Country Day School

    Secondary · 0.6 mi away

  • Princeton Academy of the Sacred Heart

    School · 0.9 mi away

  • Johnson Park School

    Elementary · 1.1 mi away

  • Princeton Montessori School

    Elementary · 1.4 mi away

  • The American Boychoir School

    School · 1.4 mi away

  • Cherry Hill Nursery School

    Elementary · 1.6 mi away

  • Princeton Nursery School

    School · 1.6 mi away

  • Community Park

    Elementary · 1.7 mi away

  • Princeton Public Schools

    School · 1.7 mi away

  • The Hun School of Princeton

    Secondary · 1.8 mi away

  • The Lewis School of Princeton

    Secondary · 1.8 mi away

  • Nassau Nursery School

    Elementary · 2.0 mi away

  • Princeton Charter School

    Elementary · 2.1 mi away

  • Princeton Middle School

    Secondary · 2.2 mi away

  • St Paul Roman Catholic School

    Secondary · 2.3 mi away

  • Waldorf School of Princeton

    Elementary · 2.8 mi away

  • University League Nursery School

    School · 2.9 mi away

  • University Now Day Nursery

    Primary School · 2.9 mi away

  • Joan Levin Nursery School

    School · 3.0 mi away

Commute Calculator

Travel mode

Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
1330 GREAT ROAD, PRINCETON, NJ$1,850,000676,168
177 TERHUNE ROAD, PRINCETON, NJ$1,850,000654,181
667 ROSEDALE ROAD, PRINCETON, NJ$1,850,000555,199
87 Leavitt Ln, Princeton Twp., NJ$1,875,00055
87 LEAVITT LANE, PRINCETON, NJ$1,875,000553,179
87 Leavitt Lane, Princeton, NJ$1,875,000553,179

Moving Cost Estimate

EXIT Agents in PRINCETON

Listing Courtesy: Coldwell Banker Residential Brokerage - Princeton - 6099211411

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Bright MLS. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by BRIGHT. MLS® Listing#NJME2077324. © 2026EXIT Realty®. All rights reserved.