When was 394 Franklin Ave, Princeton, NJ last sold?

The most recent recorded sale was in 2022 for $999,999.

What is the assessed value of 394 Franklin Ave, Princeton, NJ?

The total municipal assessment is $646,900 (land plus improvements).

What is 394 Franklin Ave, Princeton, NJ worth?

Our model estimates a market value of $1,066,352, derived from comparable recorded sales nearby.

How many units does 394 Franklin Ave, Princeton, NJ have?

Records show 1 dwelling unit at 394 Franklin Ave, Princeton, NJ.

What kind of property is 394 Franklin Ave, Princeton, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1950.

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394 Franklin Ave, Princeton, NJ — owner, sales, deeds · parceldata

394 Franklin Ave

Princeton, NJ 08540·Mercer County

1114·block 7309·lot 19

$1,066,352estimated value

Last sale

$999,999

3/23/2022 · SR1A 2022

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1950

Building size

—

Lot size

0.21 ac

Land description

0.21A

Building description

1SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$646,900

Land value

$367,000

Improvement value

$279,900

Last year's tax

$17,227

Last MOD-IV sale

$999,999

MOD-IV deed date

3/8/2022

Owner mailing address

394 FRANKLIN AVE
PRINCETON NJ 08540

Estimated market value

$1,066,352

range $954,311 – $1,286,967

high confidence

Assessment-implied: $1,032,727; Director's Ratio 0.6264 (2025)
Comp-implied: $900,000; 30 comparable sales

Estimated value, last 11 years

2016: $702,607 → 2026: $1,066,352

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold	Price
261 Moore St

Bordering

200-ft notice list →

53 Dorann Ave
Lot 10·$592,500
59 Dorann Ave
Lot 11·$481,700
398 Franklin Ave
Lot 18·$473,400
388 Franklin Ave
Lot 20·$519,000

Block 7309All of Block 7309 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1114_7309_19",
  "county_code": "11",
  "district_code": "14",
  "block": "7309",
  "lot": "19",
  "qualifier": "",
  "property_location": "394 FRANKLIN AVE",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "1SF",
  "land_desc": "0.21A",
  "year_built": 1950,
  "living_sqft": null,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "36700000",
  "improvement_value_cents": "27990000",
  "net_value_cents": "64690000",
  "last_yr_tx_cents": "1722695",
  "deed_date": "2022-03-08",
  "deed_book": "06478",
  "deed_page": "01699",
  "sale_price_cents": "99999900",
  "sales_code": "A",
  "owner_mailing_street": "394 FRANKLIN AVE",
  "owner_mailing_city_state_zip": "PRINCETON NJ 08540",
  "mun_name": "PRINCETON",
  "calc_acre": "0.210000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.64626409582932,
  "centroid_lat": 40.36104235269962
}

SR1A

[
  {
    "id": "fe294300-48c8-4337-b383-fb13be5752f0",
    "property_id": null,
    "county_code": "11",
    "district_code": "14",
    "block": "7309",
    "lot": "19",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2022-03-08",
    "date_recorded": "2022-03-23",
    "sale_price_cents": "99999900",
    "sr1a_year": 2022,
    "source": "sr1a"
  },
  {
    "id": "428e0bc6-0be4-44ec-aa7f-f0c5c0a314c3",
    "property_id": "2849ef1e-d40d-4069-af32-7c6ed1653c93",
    "county_code": "11",
    "district_code": "14",
    "block": "7309",
    "lot": "19",
    "qualifier": "",
    "deed_book": "6478",
    "deed_page": "1699",
    "deed_date": "2022-03-08",
    "date_recorded": "2022-03-08",
    "sale_price_cents": "99999900",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "810eb309-db0d-43d3-91e1-1594f9df6cd7",
    "property_id": "2849ef1e-d40d-4069-af32-7c6ed1653c93",
    "county_code": "11",
    "district_code": "14",
    "block": "7309",
    "lot": "19",
    "qualifier": "",
    "deed_book": "6331",
    "deed_page": "483",
    "deed_date": "2018-06-14",
    "date_recorded": "2018-06-14",
    "sale_price_cents": "81000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "356d82fe-3615-4fc2-9244-ecabc0e0274d",
    "property_id": "2849ef1e-d40d-4069-af32-7c6ed1653c93",
    "county_code": "11",
    "district_code": "14",
    "block": "7309",
    "lot": "19",
    "qualifier": "",
    "deed_book": "6061",
    "deed_page": "832",
    "deed_date": "2010-07-01",
    "date_recorded": "2010-07-01",
    "sale_price_cents": "59250000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 394 Franklin Ave, Princeton, NJ last sold?: The most recent recorded sale was in 2022 for $999,999.
What is the assessed value of 394 Franklin Ave, Princeton, NJ?: The total municipal assessment is $646,900 (land plus improvements).
What is 394 Franklin Ave, Princeton, NJ worth?: Our model estimates a market value of $1,066,352, derived from comparable recorded sales nearby.
How many units does 394 Franklin Ave, Princeton, NJ have?: Records show 1 dwelling unit at 394 Franklin Ave, Princeton, NJ.
What kind of property is 394 Franklin Ave, Princeton, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1950.

Sales history

3/23/2022$999,999
SR1A 2022
3/8/2022$999,999
MOD-IV (Rutgers)Bk 6478 / Pg 1699
6/14/2018$810,000
MOD-IV (Rutgers)Bk 6331 / Pg 483
7/1/2010$592,500
MOD-IV (Rutgers)Bk 6061 / Pg 832

Date	Price	Book / Page	Source
3/23/2022	$999,999	—	SR1A 2022
3/8/2022	$999,999	6478 / 1699	MOD-IV (Rutgers)
6/14/2018	$810,000	6331 / 483	MOD-IV (Rutgers)
7/1/2010	$592,500	6061 / 832	MOD-IV (Rutgers)