Context map of 405 ALEXANDER ST, PRINCETON, NJ, 08540 with nearby amenities

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405 ALEXANDER ST, PRINCETON, NJ, 08540

Princeton, NJ, 08540

At a Glance

B+88/100
📍Location Check

Well-located for everyday life

8 types of everyday amenities within 3 miles — including parks, grocery stores, restaurants, coffee shops.

🏠 Good everyday convenience — grocery, coffee, parks, and schools are all close. That matters for resale.

💰Price Check

Looks high for the area

About 61% above 25 recent comparable sales.

🏠 Priced above recent comps. If the upgrades and condition support it, we can defend the price. If not, the market will tell us within the first 2 weeks.

📊Market Demand

Limited market demand data

We couldn't pull enough market activity data for a confident read on demand.

🏠 Market activity looks moderate — not red hot, not cold. In this kind of market, the homes that are priced right and show well move first.

🌿Environmental Risk

No major environmental concerns identified

Minimal flood risk, no Superfund or toxic release sites flagged in this area.

🏠 No major environmental red flags — that's one less thing to worry about. Always good to see a clean environmental picture.

🏠Property Fit

Appears typical for the area

Nothing about this property stands out as unusual based on available data.

🏠 The property specs look typical for the area — nothing that would make it unusually hard to comp or sell.

What to Verify Next

  • Research comparable sales and consider negotiating
  • Verify school assignment boundaries with the district
  • Review recent nearby closed sales
  • Ask about prior water intrusion or foundation issues

Price Check

$959,000

Looks high for the area

Based on 8 recent comparable sales nearby

LowEstimatedHigh
$901,000$1,017,000

What Stands Out

Red Flags

Watch List

Confidence Signals

$900,000

Last Sale Price

Property Snapshot

Property TypeSingle Family
Lot Size7,841 sq ft
Last Sale Price$900,000
Last Sale DateMarch 9, 2021

Market Context

Median Home Value (ZIP)$708,700
Median Household Income$161,018
Income vs National2.1x national average
Estimated Monthly Mortgage$3,584/mo (est. 6.5%, 20% down)
Owner-Occupied64%
Renter-Occupied36%
Vacancy Rate7%

Risk & Safety

D+
FEMA Flood ZoneZone Not Mapped — Minimal flood risk
Radon RiskZone 2 — Moderate risk, testing advisable
Fire Response1.3 mi to nearest station (Princeton Engine Company No. 1)
Police ResponseUnknown

Schools & Education

Assigned School DistrictPrinceton Public Schools

School assignment may vary — confirm with the district directly

Nearby Public Schools

Princeton High School1.6 mi
Riverside School1.7 mi
Community Park School1.8 mi
Johnson Park School1.9 mi
Princeton Middle School1.9 mi

Nearby Private Schools

ST PAUL SCHOOL OF PRINCETON1.2 mi
PRINCETON FRIENDS SCHOOL1.4 mi
PRINCETON INTERNATIONAL SCHL OF MATH AND SCIENCE2.2 mi
FRENCH AMERICAN SCHOOL OF PRINCETON2.4 mi
WILBERFORCE SCHOOL2.4 mi

Nearby Colleges & Universities

New College West0.6 mi
Yeh College0.6 mi
Princeton University0.6 mi
Graduate College0.7 mi
The College of New Jersey7.9 mi

Location Check

A-
Nearest Park0.2 mi — Turning Basin Park
Nearest Restaurant0.0 mi — Metro North
Nearest Coffee Shop1.1 mi — Sakrid Coffee Roasters
Nearest Starbucks1.1 mi — Starbucks
Nearest Grocery Store1.5 mi — Whole Earth Center
Nearest Gas Station0.9 mi — Liberty
Nearest Bank / ATM1.1 mi — Chase
Nearest Hospital1.7 mi — University Medical Center of Princeton at Plainsboro
Nearest Fire Station1.3 mi — Princeton Engine Company No. 1
Nearest Library0.8 mi — Lewis Library
Nearest School0.8 mi — Princeton Graduate College

Environmental Risk

A+
Air Quality (AQI)AQI 38 — Good
Superfund Sites in ZIPNone — Clean
Toxic Release FacilitiesNone — Clean
Elevation60 ft above sea level
Solar Potential4.0 kWh/m²/day avg

Neighborhood

MunicipalityPrinceton
Population (ZIP)48,513
Median Age40.3 years
CountyMercer County

Market Snapshot — ZIP 08540

Recent market data for this ZIP code

$888,000

Median Sale Price (ZIP)

$3,500/mo

Median Rent

57.06 days

Avg Days on Market

266

Active Listings

Property DetailsTax, construction, utilities & more

Stories2
Owner OccupiedYes
Tax Assessed Value$756,900
Tax — Land Value$236,000
Tax — Improvements$520,900
Annual Tax Amount$19,028
Effective Tax Rate2.51%
Elevation60 ft
Solar Potential (GHI)4.0 kWh/m²/day
CountyMercer County
MunicipalityPrinceton

Recent Comparable Sales (24)

Median $/SqFt: $342
Avg $/SqFt: $376

Based on 23 recent comparable sales with verified price and size data.

148 SPRINGDALE RD, PRINCETON, NJ 08540

3 bed · 3,120 sqft · Built 1975

$1,100,000

$353/sqftSold Sep 2025

9 HANOVER CT, PRINCETON, NJ 08540

2 bed · 2.5 bath · 1,750 sqft · Built 1992

$654,000

$374/sqftSold Sep 2025

8 OBER RD, PRINCETON, NJ 08540

5 bed · 4 bath · 1,838 sqft · Built 1927

$2,085,150

$1134/sqftSold Aug 2025

14 KENSINGTON CT, PRINCETON, NJ 08540

3 bed · 2.5 bath · 1,976 sqft · Built 1986

$520,000

$263/sqftSold Aug 2025

118-120 MERCER ST, PRINCETON, NJ 08540

3,594 sqft · Built 1830

$695,200

$193/sqftSold Aug 2025

4 DORSET CT, PRINCETON, NJ 08540

3 bed · 2.5 bath · 1,976 sqft · Built 1987

$675,000

$342/sqftSold Aug 2025

6 COLEBROOK CT, PRINCETON, NJ 08540

3 bed · 2.5 bath · 2,228 sqft · Built 1987

$740,000

$332/sqftSold Jul 2025

68 LOVERS LN APT 1, PRINCETON, NJ 08540

2,055 sqft · Built 1854

$599,000

$291/sqftSold Jul 2025

17 DORSET CT, PRINCETON, NJ 08540

3 bed · 2.5 bath · 1,976 sqft · Built 1987

$596,000

$302/sqftSold Jul 2025

306 TRINITY CT APT 7, PRINCETON, NJ 08540

2 bed · 2 bath · 1,138 sqft · Built 1989

$415,000

$365/sqftSold Jul 2025

28 EXETER CT, PRINCETON, NJ 08540

2 bed · 1,750 sqft · Built 1992

$377,500

$216/sqftSold Jul 2025

204 SALEM CT APT 1, PRINCETON, NJ 08540

2 bed · 1,258 sqft · Built 1988

$250,000

$199/sqftSold Jul 2025

22 ALEXANDER ST, PRINCETON, NJ 08540

2,436 sqft · Built 1850

$500,000

$205/sqftSold Jun 2025

201 SALEM CT APT 2, PRINCETON, NJ 08540

2 bed · 2 bath · Built 1987

$242,000

Sold Jun 2025

307 TRINITY CT APT 3, PRINCETON, NJ 08540

2 bed · 2 bath · 1,258 sqft · Built 1988

$475,000

$378/sqftSold Jun 2025

15 HEATH CT, PRINCETON, NJ 08540

3 bed · 2.5 bath · 1,794 sqft · Built 1987

$620,000

$346/sqftSold Jun 2025

7 NEWLIN RD, PRINCETON, NJ 08540

5 bed · 5,036 sqft · Built 2006

$3,000,000

$596/sqftSold Jun 2025

77 OLDEN LN, PRINCETON, NJ 08540

6 bed · 4.5 bath · 3,449 sqft · Built 1906

$2,360,000

$684/sqftSold Jun 2025

12 LEXINGTON CT, PRINCETON, NJ 08540

2 bed · 2.5 bath · 1,750 sqft · Built 1992

$623,000

$356/sqftSold Jun 2025

121 COMMONWEALTH CT APT 7, WEST WINDSOR TWP, NJ 08540

2 bed · 2 bath · 1,260 sqft · Built 1987

$415,000

$329/sqftSold Jun 2025

106 HERITAGE BLVD APT 6, PRINCETON, NJ 08540

2 bed · 2 bath · 1,138 sqft · Built 1987

$415,000

$365/sqftSold May 2025

302 TRINITY CT APT 10, PRINCETON, NJ 08540

2 bed · 1 bath · 1,008 sqft · Built 1987

$369,000

$366/sqftSold May 2025

203 SALEM CT APT 1, PRINCETON, NJ 08540

2 bed · 2 bath · 1,258 sqft · Built 1987

$413,675

$329/sqftSold May 2025

110 LOWELL CT APT 1, PRINCETON, NJ 08540

2 bed · 2 bath · 1,258 sqft · Built 1989

$430,000

$342/sqftSold May 2025

Sale History

December 24, 2020

DE

$900,000

Construction & Features

Construction: Frame
Garage: No
Pool: No
Fireplace: Yes (1)
Stories: 2

Tax & Assessment

$756,900

County Market Value (2024)

$756,900

Assessed Value (2025)

$19,028.47/yr

Annual Property Tax (2025)

Building: $520,900 · Land: $236,000

Ownership & Liens

Owner: KARMAKAR, AMITABHA; DAS, SUPARNA
Owned since: December 2020
Lender: CROSSCOUNTRY MORTGAGE LLC
Liens: 1 ($641,930)
Est. equity: $708,028
🏆

What Stands Out

This property at 405 ALEXANDER ST, PRINCETON, NJ, 08540 received an overall grade of B+.

💪 Working in Your Favor

  • Minimal flood risk (Zone Not Mapped)
  • No Superfund or toxic release sites in this ZIP
  • Median household income $161,018 in this ZIP
  • Princeton Public Schools school district
  • Starbucks just 1.1 miles away
  • Located in Princeton

👁️ Worth Checking

  • Radon Zone 2 — moderate risk, testing advisable

Agent's Comments

From the mind of a top producing real estate agent

This is just a range of potential value — $901K to $1M. We had 8 strong comparable sales to work with, so I feel good about this range. If the property needs a lot of work, it would sit at the lower end — and we can position it for a cash investor. If it has all the upgrades — new kitchen, updated baths, hardwood floors, a screened-in porch, pool, or other features we can't see in this report — it could push the value well above this range. That's what a walk-through tells us that the data can't.

This commentary is generated from public data and comparable sales — not a formal appraisal. A walk-through and local agent analysis are always recommended.

Your Market Snapshot

Based on 25 recent comparable sales nearby, the estimated market value comes in around $959,000. Comparable homes in the area are trading at a median of $342 per square foot.

Looking at the broader market, Homes in ZIP 08540 are taking a bit longer to sell, averaging 57 days on market, and the median sale price sits at $888K.

Worth noting: estimate looks high vs comps and moderate radon risk. On the positive side, minimal flood risk.

Have a question about this property or the surrounding area? Our AI assistant below has full context on this report and can help you dig deeper.

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Real Home Intel AI may make mistakes. Verify important information independently.

This is not an appraisal. Data sourced from public records and verified APIs.

Grades reflect environmental data, infrastructure, and public services. They do not reflect or consider the demographic composition of any area.

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Data sourced from U.S. Census Bureau, FEMA, EPA AirNow, EPA Envirofacts, NCES, USGS, NREL, HUD, FCC, NOAA, EIA, Walk Score, RentCast, OpenStreetMap, Census Geocoder, Realie.Report generated 4/16/2026.

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