New Jersey Real Estate Agent

What could you expect when looking for Princeton Luxury Homes For Sale?
Home buyers are attracted to Princeton luxury homes for sale for a variety of reasons, proximity to New York, employment, executive relocation, cultural opportunities and the wide array of choices available in the luxury real estate segment of the market.
Read: About Princeton – Relocating And Living
Relocating to Princeton – How To Decide Where To Live

Home buyers relocating from other parts of the country and international buyers, often ask me what is considered to be Princeton Luxury Real Estate, since this definition varies greatly across the country and the world. A price of a small condo in Manhattan, for example, could buy a luxury home in Princeton.
If you are just starting your search for luxury homes for sale in New Jersey, Princeton would be a logical choice to consider. One of the first things my blog readers and clients like to understand is what you could expect to find when looking for a luxury home in Princeton. This article offers a general idea, and shows the houses on the market now in various price ranges considered to be luxury Princeton property.

Princeton does not have homogeneous housing inventory – it’s true of all price ranges. On the same street you could find a new $1.8 million  dollar 4,500 sq. ft. home on  almost 2 acres and a small 50’s ranch on 0.25 acres.

The best way for you to understand the differences is to visually examine luxury Princeton real estate on the market now. You could do it by clicking on the links below.  For illustration I separated the big category of luxury Princeton real estate into several categories.

Luxury Princeton Homes For Sale – $1,000,000 – 2,000,000
Luxury Princeton Homes For Sale – $2,000,000 -$3,000,000
Luxury Princeton Homes For Sale -  $3,000,000 – $5,000,000

In terms of general expectations, the following is a rough guide to what you could find in various price ranges of the luxury homes in Princeton. Again, it’s a general guide, since Princeton real estate property is very diverse. For less then $1,200,000 you could expect to find homes in the Princeton Borough  which are older, on smaller lots and may require updates. In the same range in Princeton township, the homes would be bigger, and on larger lots, perhaps with a few updates.

From approximately $1,300,000 to $1,500,000 you could expect to find homes for sale in Princeton township in developments such is Ettl farm, Princeton Ridge. These homes would be large (4-5 bedrooms), usually on an acre of land (in Princeton Township) and  tend to be 20 years and less. In the Borough they may be older but having undergone renovations. You could also find some new construction in the areas such as Littlebrook, Jefferson/ More , and Riverside. The new construction homes in these Princeton neighborhoods are usually built by developers purchasing an older home, tearing it down and building a new home. These homes are usually 4,000+ sq. feet, but may not have large lots, like homes in Ettl Farm and Princeton Ridge neighborhoods.

From approximately $1,700,000 you could find homes in developments such as Pond View, Russell Estates, homes in the Western section and some in the Institute area. These luxury Princeton homes offer all the modern amenities.

From approximately $2,500,00 you could find homes in neighborhood developments like Preserve, and remodeled homes throughout the town.

From approximately $3,000,000 you could find homes in neighborhoods such as Rushbrook. These are exquisite estates, often on on 4+ acres. You could also find older distinguished luxury homes for sale in this price range in the Princeton Borough. These homes have usually been remodeled to bring in the newest amenities while preserving the old style and architecture.

Read More:

Princeton Ridge – Princeton Neighborhood | Princeton homes for sale

Preserve – Princeton Neighborhood – Princeton Homes For Sale

Ettl Farm Luxury Homes -Princeton Real Estate

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