When was 31 Governors Lane, Princeton, NJ last sold?

The most recent recorded sale was in 2017 for $960,000.

What is the assessed value of 31 Governors Lane, Princeton, NJ?

The total municipal assessment is $761,500 (land plus improvements).

What is 31 Governors Lane, Princeton, NJ worth?

Our model estimates a market value of $1,425,919, derived from comparable recorded sales nearby.

How many units does 31 Governors Lane, Princeton, NJ have?

Records show 1 dwelling unit at 31 Governors Lane, Princeton, NJ.

What kind of property is 31 Governors Lane, Princeton, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1995.

parceldata.nj

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31 Governors Lane, Princeton, NJ — owner, sales, deeds · parceldata

31 Governors Lane

Princeton, NJ 08540·Mercer County

1114·block 5601·lot 14.31

$1,425,919estimated value

Last sale

$960,000

6/16/2017 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1995

Building size

—

Lot size

0.30 ac

Land description

0.30AC 1/65TH OF20A

Building description

2STSTSG ADAMS

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$761,500

Land value

$275,000

Improvement value

$486,500

Last year's tax

$20,279

Last MOD-IV sale

$960,000

MOD-IV deed date

6/16/2017

Owner mailing address

31 GOVERNORS LANE
PRINCETON NJ 08540

Estimated market value

$1,425,919

range $1,000,831 – $1,632,007

moderate confidence

Assessment-implied: $1,215,677; Director's Ratio 0.6264 (2025)
Comp-implied: $1,496,000; 30 comparable sales

Estimated value, last 11 years

2016: $938,994 → 2026: $1,425,919

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold	Price
2 Van Marter Court	1/9/2026	$1,710,000
14 Wheatsheaf Lane	11/24/2025

Bordering

200-ft notice list →

Governors Lane O.s
Lot 14
32 Governors Lane
Lot 14.32·$615,600

Block 5601All of Block 5601 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1114_5601_14.31",
  "county_code": "11",
  "district_code": "14",
  "block": "5601",
  "lot": "14.31",
  "qualifier": "",
  "property_location": "31 GOVERNORS LANE",
  "property_class": "2",
  "bldg_class": "39",
  "bldg_desc": "2STSTSG ADAMS",
  "land_desc": "0.30AC  1/65TH OF20A",
  "year_built": 1995,
  "living_sqft": null,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "27500000",
  "improvement_value_cents": "48650000",
  "net_value_cents": "76150000",
  "last_yr_tx_cents": "2027875",
  "deed_date": "2017-06-16",
  "deed_book": "06291",
  "deed_page": "01958",
  "sale_price_cents": "96000000",
  "sales_code": "A",
  "owner_mailing_street": "31 GOVERNORS LANE",
  "owner_mailing_city_state_zip": "PRINCETON NJ 08540",
  "mun_name": "PRINCETON",
  "calc_acre": "0.300000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.65073254981831,
  "centroid_lat": 40.370576663804826
}

SR1A

[
  {
    "id": "af8b8fbc-fac7-4ac6-aa8a-3deb21ce6005",
    "property_id": "df36ecbc-dfd6-4dec-94e1-3924538872ee",
    "county_code": "11",
    "district_code": "14",
    "block": "5601",
    "lot": "14.31",
    "qualifier": "",
    "deed_book": "6291",
    "deed_page": "1958",
    "deed_date": "2017-06-16",
    "date_recorded": "2017-06-16",
    "sale_price_cents": "96000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "03bbf751-e184-4b5c-82e8-c91aebd19074",
    "property_id": "df36ecbc-dfd6-4dec-94e1-3924538872ee",
    "county_code": "11",
    "district_code": "14",
    "block": "5601",
    "lot": "14.31",
    "qualifier": "",
    "deed_book": "6146",
    "deed_page": "1420",
    "deed_date": "2012-04-12",
    "date_recorded": "2012-04-12",
    "sale_price_cents": "87500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 31 Governors Lane, Princeton, NJ last sold?: The most recent recorded sale was in 2017 for $960,000.
What is the assessed value of 31 Governors Lane, Princeton, NJ?: The total municipal assessment is $761,500 (land plus improvements).
What is 31 Governors Lane, Princeton, NJ worth?: Our model estimates a market value of $1,425,919, derived from comparable recorded sales nearby.
How many units does 31 Governors Lane, Princeton, NJ have?: Records show 1 dwelling unit at 31 Governors Lane, Princeton, NJ.
What kind of property is 31 Governors Lane, Princeton, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1995.

Sales history

6/16/2017$960,000
MOD-IV (Rutgers)Bk 6291 / Pg 1958
4/12/2012$875,000
MOD-IV (Rutgers)Bk 6146 / Pg 1420

Date	Price	Book / Page	Source
6/16/2017	$960,000	6291 / 1958	MOD-IV (Rutgers)
4/12/2012	$875,000	6146 / 1420	MOD-IV (Rutgers)