When was 56 Governors Lane, Princeton, NJ last sold?

The most recent recorded sale was in 2020 for $1.

What is the assessed value of 56 Governors Lane, Princeton, NJ?

The total municipal assessment is $728,300 (land plus improvements).

What is 56 Governors Lane, Princeton, NJ worth?

Our model estimates a market value of $1,145,669, derived from comparable recorded sales nearby.

How many units does 56 Governors Lane, Princeton, NJ have?

Records show 1 dwelling unit at 56 Governors Lane, Princeton, NJ.

What kind of property is 56 Governors Lane, Princeton, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1990.

parceldata.nj

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

56 Governors Lane

Princeton, NJ 08540·Mercer County

1114·block 5601·lot 14.56

$1,145,669estimated value

Last sale

1/6/2020 · MOD-IV (Rutgers)

1 other property share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1990

Building size

—

Lot size

0.30 ac

Land description

0.30AC 1/65TH OF20A

Building description

CLARK I

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$728,300

Land value

$275,000

Improvement value

$453,300

Last year's tax

$19,395

Last MOD-IV sale

MOD-IV deed date

1/6/2020

Owner mailing address

56 GOVERNORS LANE
PRINCETON NJ 08540

Estimated market value

$1,145,669

range $892,069 – $1,456,269

high confidence

Assessment-implied: $1,162,676; Director's Ratio 0.6264 (2025)
Comp-implied: $1,140,000; 30 comparable sales

Estimated value, last 11 years

2016: $754,444 → 2026: $1,145,669

Based on 30 comparable sales

Address	Sold	Price
2 Van Marter Court	1/9/2026	$1,710,000

Bordering

200-ft notice list →

Governors Lane O.s
Lot 14
57 Governors Lane
Lot 14.57·$603,600

Block 5601All of Block 5601 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1114_5601_14.56",
  "county_code": "11",
  "district_code": "14",
  "block": "5601",
  "lot": "14.56",
  "qualifier": "",
  "property_location": "56 GOVERNORS LANE",
  "property_class": "2",
  "bldg_class": "39",
  "bldg_desc": "CLARK I",
  "land_desc": "0.30AC  1/65TH OF20A",
  "year_built": 1990,
  "living_sqft": null,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "27500000",
  "improvement_value_cents": "45330000",
  "net_value_cents": "72830000",
  "last_yr_tx_cents": "1939463",
  "deed_date": "2020-01-06",
  "deed_book": "06393",
  "deed_page": "01233",
  "sale_price_cents": "100",
  "sales_code": "Z",
  "owner_mailing_street": "56 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": -74.65170793428545,
  "centroid_lat": 40.37164763561387
}

SR1A

[
  {
    "id": "b6faeaa9-f99b-4cea-a36e-4c45b0b25e62",
    "property_id": "6e170ef6-554f-40ce-8d49-aa1409792fc0",
    "county_code": "11",
    "district_code": "14",
    "block": "5601",
    "lot": "14.56",
    "qualifier": "",
    "deed_book": "6393",
    "deed_page": "1233",
    "deed_date": "2020-01-06",
    "date_recorded": "2020-01-06",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "5c5ed767-84a7-4bad-9301-fa4febafef85",
    "property_id": "6e170ef6-554f-40ce-8d49-aa1409792fc0",
    "county_code": "11",
    "district_code": "14",
    "block": "5601",
    "lot": "14.56",
    "qualifier": "",
    "deed_book": "6217",
    "deed_page": "288",
    "deed_date": "2015-04-16",
    "date_recorded": "2015-04-16",
    "sale_price_cents": "74000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "ecbbbc70-d5c8-451d-9119-d601d7f9ac80",
    "property_id": "6e170ef6-554f-40ce-8d49-aa1409792fc0",
    "county_code": "11",
    "district_code": "14",
    "block": "5601",
    "lot": "14.56",
    "qualifier": "",
    "deed_book": "4352",
    "deed_page": "103",
    "deed_date": "2002-08-24",
    "date_recorded": "2002-08-24",
    "sale_price_cents": "70500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 56 Governors Lane, Princeton, NJ last sold?: The most recent recorded sale was in 2020 for $1.
What is the assessed value of 56 Governors Lane, Princeton, NJ?: The total municipal assessment is $728,300 (land plus improvements).
What is 56 Governors Lane, Princeton, NJ worth?: Our model estimates a market value of $1,145,669, derived from comparable recorded sales nearby.
How many units does 56 Governors Lane, Princeton, NJ have?: Records show 1 dwelling unit at 56 Governors Lane, Princeton, NJ.
What kind of property is 56 Governors Lane, Princeton, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1990.

Sales history

1/6/2020$1
MOD-IV (Rutgers)Bk 6393 / Pg 1233
4/16/2015$740,000
MOD-IV (Rutgers)Bk 6217 / Pg 288
8/24/2002$705,000
MOD-IV (Rutgers)Bk 4352 / Pg 103

Date	Price	Book / Page	Source
1/6/2020	$1	6393 / 1233	MOD-IV (Rutgers)
4/16/2015	$740,000	6217 / 288	MOD-IV (Rutgers)
8/24/2002	$705,000	4352 / 103	MOD-IV (Rutgers)