12 Murray Place, PRINCETON, NJ 08540 (MLS # NJME2067602)
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A rare find for the savvy investor, this fully renovated three-unit property offers an impressive net operating income and strong rental demand. Each unit"”spaciously designed as 5BR/3BA, 3BR/2BA, and 2BR/1BA"”was completely updated in 2022 with modern kitchens, refreshed baths, new appliances, and upgraded HVAC systems with added split units. Freshly painted inside and out, the property is turnkey and 100% occupied. Located in a highly desirable Princeton neighborhood with convenient driveway and permitted street parking, this is an ideal addition to any investment portfolio. Note: This is an "As Is" sale - owner not willing to make any further repairs.
| DAYS ON MARKET | 1 | LAST UPDATED | 10/21/2025 |
|---|---|---|---|
| YEAR BUILT | 1870 | COMMUNITY | Princeton (21114) |
| COUNTY | MERCER | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | PRINCETON REGIONAL SCHOOLS |
|---|---|
| Elementary School | RIVERSIDE E.S. |
| Jr. High School | JOHN WITHERSPOON M.S. |
| High School | PRINCETON H.S. |
| ADDITIONAL DETAILS | |
| AIR | Ductless, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Built-In Range, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer |
| AREA | Princeton (21114) |
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Frame |
| EXTERIOR | Balcony |
| FIREPLACE | Yes |
| HEAT | Electric, Exhaust Fan, Natural Gas, Radiant |
| LOT | 8276 sq ft |
| LOT DESCRIPTION | Back Yard, Level, Private |
| LOT DIMENSIONS | 70x117 |
| PARKING | On Street, Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Victorian |
| TAXES | 37937 |
| UTILITIES | Cable Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Street, Garden |
| WATER | Public |
| ZONING | 3 Family |
MORTGAGE CALCULATOR
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