When was 245 Library Place, Princeton, NJ last sold?

The most recent recorded sale was in 2023 for $2,995,000.

What is the assessed value of 245 Library Place, Princeton, NJ?

The total municipal assessment is $1,987,800 (land plus improvements).

What is 245 Library Place, Princeton, NJ worth?

Our model estimates a market value of $3,085,296, derived from comparable recorded sales nearby.

How many units does 245 Library Place, Princeton, NJ have?

Records show 1 dwelling unit at 245 Library Place, Princeton, NJ.

What kind of property is 245 Library Place, Princeton, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1920.

parceldata.nj

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245 Library Place, Princeton, NJ — owner, sales, deeds · parceldata

245 Library Place

Princeton, NJ 08540·Mercer County

1114·block 6.02·lot 15

$3,085,296estimated value

Last sale

$2,995,000

8/15/2023 · 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

1920

Building size

—

Lot size

0.59 ac

Land description

0.59 AC AV

Building description

2S F G2

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,987,800

Land value

$771,000

Improvement value

$1,216,800

Last year's tax

$52,935

Last MOD-IV sale

$2,995,000

MOD-IV deed date

8/15/2023

Owner mailing address

245 LIBRARY PLACE
PRINCETON NJ 08540

Estimated market value

$3,085,296

range $2,672,771 – $3,360,289

high confidence

Assessment-implied: $3,173,372; Director's Ratio 0.6264 (2025)
Comp-implied: $2,995,000; 30 comparable sales

Estimated value, last 11 years

2016: $2,032,867 → 2026: $3,085,296

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold	Price
160 Springdale Rd	2/2/2026	$1,800,000
8 Ober Road	9/19/2025	$2,085,150

Bordering

200-ft notice list →

51 Cleveland Lane
Lot 10·$2,032,200
45 Cleveland Lane
Lot 11·$1,967,400
43 Cleveland Lane
Lot 12·$1,416,100
50 Westcott Road
Lot 16·$1,364,500

Block 6.02All of Block 6.02 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1114_6.02_15",
  "county_code": "11",
  "district_code": "14",
  "block": "6.02",
  "lot": "15",
  "qualifier": "",
  "property_location": "245 LIBRARY PLACE",
  "property_class": "2",
  "bldg_class": "22",
  "bldg_desc": "2S F G2",
  "land_desc": "0.59 AC AV",
  "year_built": 1920,
  "living_sqft": null,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "77100000",
  "improvement_value_cents": "121680000",
  "net_value_cents": "198780000",
  "last_yr_tx_cents": "5293511",
  "deed_date": "2023-08-15",
  "deed_book": "06532",
  "deed_page": "01589",
  "sale_price_cents": "299500000",
  "sales_code": "A",
  "owner_mailing_street": "245 LIBRARY PLACE",
  "owner_mailing_city_state_zip": "PRINCETON NJ 08540",
  "mun_name": "PRINCETON",
  "calc_acre": "0.590000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "000",
  "fac_name": null,
  "centroid_lon": -74.67146589769929,
  "centroid_lat": 40.35247697975492
}

SR1A

[
  {
    "id": "22b683ba-3ca3-4808-a2b3-3fa2dd0dcecb",
    "property_id": "c224a820-c226-4055-8125-7d654cd338ff",
    "county_code": "11",
    "district_code": "14",
    "block": "6.02",
    "lot": "15",
    "qualifier": "",
    "deed_book": "6532",
    "deed_page": "1589",
    "deed_date": "2023-08-15",
    "date_recorded": "2023-08-15",
    "sale_price_cents": "299500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "b738710e-c48e-42d5-aafb-5fa18cdd4f8d",
    "property_id": "c224a820-c226-4055-8125-7d654cd338ff",
    "county_code": "11",
    "district_code": "14",
    "block": "6.02",
    "lot": "15",
    "qualifier": "",
    "deed_book": "6151",
    "deed_page": "1996",
    "deed_date": "2012-06-25",
    "date_recorded": "2012-06-25",
    "sale_price_cents": "247693800",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 245 Library Place, Princeton, NJ last sold?: The most recent recorded sale was in 2023 for $2,995,000.
What is the assessed value of 245 Library Place, Princeton, NJ?: The total municipal assessment is $1,987,800 (land plus improvements).
What is 245 Library Place, Princeton, NJ worth?: Our model estimates a market value of $3,085,296, derived from comparable recorded sales nearby.
How many units does 245 Library Place, Princeton, NJ have?: Records show 1 dwelling unit at 245 Library Place, Princeton, NJ.
What kind of property is 245 Library Place, Princeton, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1920.

Sales history

8/15/2023$2,995,000
MOD-IV (Rutgers)Bk 6532 / Pg 1589
6/25/2012$2,476,938
MOD-IV (Rutgers)Bk 6151 / Pg 1996

Date	Price	Book / Page	Source
8/15/2023	$2,995,000	6532 / 1589	MOD-IV (Rutgers)
6/25/2012	$2,476,938	6151 / 1996	MOD-IV (Rutgers)