When was 55 Grasmere Way, Princeton, NJ last sold?

The most recent recorded sale was in 2022 for $1.

What is the assessed value of 55 Grasmere Way, Princeton, NJ?

The total municipal assessment is $1,361,400 (land plus improvements).

What is 55 Grasmere Way, Princeton, NJ worth?

Our model estimates a market value of $2,789,593, derived from comparable recorded sales nearby.

How many units does 55 Grasmere Way, Princeton, NJ have?

Records show 1 dwelling unit at 55 Grasmere Way, Princeton, NJ.

What kind of property is 55 Grasmere Way, Princeton, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2000.

parceldata.nj

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55 Grasmere Way, Princeton, NJ — owner, sales, deeds · parceldata

55 Grasmere Way

Princeton, NJ 08540·Mercer County

1114·block 3501·lot 5.19

$2,789,593estimated value

Last sale

3/2/2022 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2000

Building size

—

Lot size

0.75 ac

Land description

0.75A

Building description

2STSTU4G

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,361,400

Land value

$575,000

Improvement value

$786,400

Last year's tax

$36,254

Last MOD-IV sale

MOD-IV deed date

3/2/2022

Owner mailing address

55 GRASMERE WAY
PRINCETON NJ 08540

Estimated market value

$2,789,593

range $2,186,841 – $3,024,844

low confidence

Assessment-implied: $2,173,372; Director's Ratio 0.6264 (2025)
Comp-implied: $2,995,000; 30 comparable sales

Estimated value, last 11 years

2016: $1,838,032 → 2026: $2,789,593

Based on 30 comparable sales

Address	Sold	Price
516 Mt Lucas Road	1/12/2026	$1,450,000
617 Mt Lucas Road	12/31/2025	$1,450,000

Bordering

200-ft notice list →

Pretty Brook Rd
Lot 5.11
51 Grasmere Way
Lot 5.18·$1,475,200
59 Grasmere Way
Lot 5.20·$1,510,800

Block 3501All of Block 3501 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "55 GRASMERE WAY PRINCETON NJ 08540"
    ],
    "zipKeys": [
      "55 GRASMERE WAY 08540"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1114_3501_5.19",
  "county_code": "11",
  "district_code": "14",
  "block": "3501",
  "lot": "5.19",
  "qualifier": "",
  "property_location": "55 GRASMERE WAY",
  "property_class": "2",
  "bldg_class": "20",
  "bldg_desc": "2STSTU4G",
  "land_desc": "0.75A",
  "year_built": 2000,
  "living_sqft": null,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "57500000",
  "improvement_value_cents": "78640000",
  "net_value_cents": "136140000",
  "last_yr_tx_cents": "3625408",
  "deed_date": "2022-03-02",
  "deed_book": "06476",
  "deed_page": "01665",
  "sale_price_cents": "100",
  "sales_code": "Z",
  "owner_mailing_street": "55 GRASMERE WAY",
  "owner_mailing_city_state_zip": "PRINCETON NJ 08540",
  "mun_name": "PRINCETON",
  "calc_acre": "0.750000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.69679298067526,
  "centroid_lat": 40.36282443576015
}

SR1A

[
  {
    "id": "92a767f2-0218-4b84-9e0c-95470ee09b98",
    "property_id": "9812226e-a7cf-4b93-8f2a-5ad6916e6d59",
    "county_code": "11",
    "district_code": "14",
    "block": "3501",
    "lot": "5.19",
    "qualifier": "",
    "deed_book": "6476",
    "deed_page": "1665",
    "deed_date": "2022-03-02",
    "date_recorded": "2022-03-02",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "446b8cde-1cd4-470e-81b8-79beaa8d5c2f",
    "property_id": "9812226e-a7cf-4b93-8f2a-5ad6916e6d59",
    "county_code": "11",
    "district_code": "14",
    "block": "3501",
    "lot": "5.19",
    "qualifier": "",
    "deed_book": "3917",
    "deed_page": "225",
    "deed_date": "2000-09-29",
    "date_recorded": "2000-09-29",
    "sale_price_cents": "118000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 55 Grasmere Way, Princeton, NJ last sold?: The most recent recorded sale was in 2022 for $1.
What is the assessed value of 55 Grasmere Way, Princeton, NJ?: The total municipal assessment is $1,361,400 (land plus improvements).
What is 55 Grasmere Way, Princeton, NJ worth?: Our model estimates a market value of $2,789,593, derived from comparable recorded sales nearby.
How many units does 55 Grasmere Way, Princeton, NJ have?: Records show 1 dwelling unit at 55 Grasmere Way, Princeton, NJ.
What kind of property is 55 Grasmere Way, Princeton, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2000.

Sales history

3/2/2022$1
MOD-IV (Rutgers)Bk 6476 / Pg 1665
9/29/2000$1,180,000
MOD-IV (Rutgers)Bk 3917 / Pg 225

Date	Price	Book / Page	Source
3/2/2022	$1	6476 / 1665	MOD-IV (Rutgers)
9/29/2000	$1,180,000	3917 / 225	MOD-IV (Rutgers)