Princeton Homes under $500,000

Welcome to Princeton, New Jersey—a picturesque town that seamlessly blends rich history with modern living. Nestled in the heart of Mercer County, Princeton is renowned for its prestigious university, charming downtown, and vibrant community spirit. With tree-lined streets, historic architecture, and an abundance of parks, this town offers a serene yet stimulating environment, making it a prime location for families, professionals, and retirees alike.

For those seeking a home in this delightful area, you’ll be pleased to discover a variety of options available under $500,000. These homes provide an incredible opportunity to invest in one of New Jersey's most sought-after locales without breaking the bank. From quaint single-family homes with character to modern townhouses featuring contemporary amenities, there’s something to suit every taste and lifestyle.

Imagine enjoying your morning coffee in a cozy garden, or taking a leisurely stroll to the local farmer's market, where you can savor fresh produce and artisanal goods. Princeton's vibrant cultural scene, with its art galleries, theaters, and numerous events, ensures that there’s always something happening just around the corner. Plus, with easy access to major highways and public transportation, commuting to nearby cities like New York and Philadelphia is a breeze.

Living in Princeton means not only embracing a beautiful home but also becoming part of a welcoming community that values education, culture, and quality of life. Explore your options today and find your perfect haven in this enchanting town!

Newest Princeton Homes under $500,000

$479,000

3 Beds ⋅ 4 Baths ⋅ 12771908 MLS ⋅ NEW Status

New roof. New septic. Includes an additional lot for a total of 1.45 acres. An incredible outdoor entertaining space and room for everyone. At 2330 Ridgefield Road, some of the biggest-ticket improvements are already done, with a new roof and new septic system in 2026, plus a tankless water heater. Set on approximately 1.45 acres in Deer Run North, this custom Princeton home offers the privacy and space buyers want-along with approximately 2,832 finished sq. ft., 4 bedrooms and 3 1/2 baths. And the outdoor living is exceptional. A screened porch features granite countertops, cabinetry and a refrigerator, while the outdoor kitchen includes a commercial-style grill, 36-inch Blackstone, sink and granite seating for five. Gather around the brick gas fire pit and enjoy having plenty of room to entertain, relax and spread out. Inside, the custom kitchen features granite countertops, stone backsplash, custom cabinetry, double ovens, JennAir cooktop, pantries, breakfast nook, wet bar and drink refrigerator-all opening visually to the inviting fireplace and main living space. Upstairs, heated bathroom floors, walk-in showers and a dedicated makeup area add everyday luxury. The finished lower level offers even more flexibility with a fourth-bedroom area, full bath, additional living space and desk area. Big-ticket updates done. Acreage and privacy. Exceptional indoor-outdoor living. Plenty of flexible space. 2330 Ridgefield Road | Offered at $479,000 Schedule your private showing and experience everything this home has to offer

2330 Ridgefield Road, Princeton

313 Bryant Circle Drive Unit #313, Princeton

$300,000

3 Beds ⋅ 2 Baths ⋅ 12767743 MLS ⋅ ACTIVE Status

Beautifully situated in prestigious Bryant Woods, this 3-bedroom, 2-bath condo offers comfortable living with an easy, low-maintenance lifestyle! Built in 2005, this inviting home welcomes you with a large entry foyer that opens into a spacious and functional layout. The heart of the home is the kitchen, featuring warm oak cabinetry and plenty of storage. The living room is highlighted by a gas fireplace flanked by windows, creating a bright and inviting gathering space. Step into the sunroom for your morning coffee, reading, or simply enjoying the natural light, then head outside to the rear deck for relaxing or entertaining. The spacious bedroom count offers flexibility for guests, a home office, hobbies, or whatever fits your lifestyle. A 2-car attached garage provides convenient parking and additional storage. Located in the desirable Bryant Woods subdivision, this condo combines an attractive setting with the comfort, space, and convenience buyers are looking for. If you're ready for a home that offers room to live, relax, and entertain without the upkeep of a traditional single-family home, come take a look!

313 Bryant Circle Drive Unit #313, Princeton

$150,000

4 Beds ⋅ 2 Baths ⋅ 12764365 MLS ⋅ ACTIVE Status

Exceptional opportunity with this well-maintained duplex offering spacious living in both units! Unit 1 features convenient one-level living with 2 bedrooms, 1 full bath, and a clean, spacious layout that's comfortable and easy to maintain. Unit 2 offers an inviting open-concept main floor, a generously sized full bath, and two large bedrooms on the second level, creating a bright and functional living space. Property is located near the desirable Art District and is walkable to shops, restaurants, a park and the Amtrak Station. Each unit has it's own HVAC, HWH, electrical and plumbing and a garage stall. The extra one car garage is currently rented out as storage. Laundry hookups available in basement. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or accommodate multi-generational living, this versatile property offers endless possibilities. Clean, well cared for, and ready for its next owner! Unit 1 is currently occupied with a long term tenant, while unit 2 is vacant. Brokers - please see remarks for showing details of occupied unit.

726 N Church Street, Princeton

$349,500

4 Beds ⋅ 3 Baths ⋅ 12764963 MLS ⋅ ACTIVE Status

Available for the first time in half a century, this unique property consists of a home, office and large shop...all just outside the City of Princeton. The home has served the Schmitt Family well with numerous additions to add practical living space and additional bedrooms. The home has 3 bathrooms, one with a easy walk in shower , grab bars and a fold down seat to bath sitting down. The grounds have nice mature trees to help isolate the home and shop from neighbors, giving you and them privacy. An additional office building 24 by 48 has an overhead door, storage space, offices and bathroom. The large shop has concrete floors , a loft for parts storage, 7 sliding doors with various heights of 12 to 13 feet tall. This is a opportunity to live and work from the same location. Plenty of outdoor storage to move equipment around. Please note all potential purchasers should contact local zoning offices to confirm uses of this property.. Sellers are selling property to settle estate . Selling "as is" but buyers can do any inspections. We do have a recent well and water test on file showing these systems are working . The home site currently serves the neighboring home to the West with water and a power line runs to adjoining home as well. Sellers and neighbor to West are related. Come look and explore the opportunities....plenty of inside storage space for cars, trucks, boats, campers, work shop and WOW, what a location....just a 3 minute drive to downtown Princeton , easy bike ride or walking to Metro Center, Park Tavern and churches. A separate building lot to the East is for sale for 60,000 dollars, please see plat available for your viewing

1920 W Park Avenue, Princeton

$339,000

4 Beds ⋅ 2 Baths ⋅ 12758491 MLS ⋅ ACTIVE Status

Enjoy a peaceful, private country feel in this multi-level home set on a 2/3-acre lot surrounded by mature trees. Features 4 bedrooms, 2 baths, and a bright walk-out basement. The main level offers a cozy wood-burning fireplace & all appliances (including washer and dryer). Flooring includes a mix of hardwood, tile & carpeting (in 3 of the bedrooms). Outstanding outdoor living space with a huge 15'x23' deck, brick patio, and a 10'x12' storage shed. Complete with a 2-car garage and located in the desirable North Scott School District! *Septic inspection to take place 9-24-2026.

1809 Pineo Grove Lane, Princeton

$99,000

2 Beds ⋅ 1 Baths ⋅ 12743323 MLS ⋅ ACTIVE Status

Full of character and potential, this 1926 home offers timeless details including original woodwork and beautiful hardwood floors. A welcoming front porch leads into the home, featuring an large family room that leads into dining area. The dining room has beautiful natural lighting with all the windows. The kitchen has cabinetry that extends to the ceiling making excellent use of the space. There are two bedrooms with hardwood floors and a full bathroom. The basement provides plenty of additional storage. With many rooms to make your own. The electrical panel has been updated to a 100 amp breaker panel. The attached oversized garage is a standout feature with doors on both the front and rear, allowing you to pull a vehicle completely through the garage-perfect for added convenience and versatility. There is room for a workshop in the garage! This home is ready for someone to bring their ideas and a little TLC to make it their own. Conveniently located near local dining and shopping. In the heart of Princeton Illinois.

119 Elm Place, Princeton

$249,000

3 Beds ⋅ 2 Baths ⋅ 12760434 MLS ⋅ PRICE CHANGE Status

Enter your new home through a weather protected front door. You will find a kitchen that is open to a family area which looks out over the expansive back yard filled with perennials. Fireplace in family area is currently electric but was wood burning. Sewing room could be a main floor laundry easily. Large living room with adjoining dining room is just off the kitchen and has great natural lighting. Bedrooms are secluded down a hallway with master with full bath with walk in shower and walk in closet being at front of home. Large windows grace the bedrooms give a nice appeal. Downstairs you will find a dry bar in the room with a pool table awaiting you to spend your free time in friendly competition or relax on a couch in front of the electric fireplace. Other rooms in this level are a large workshop with a darkroom, a canning closet, office and large laundry area. A community well provides the water source and there is a $100 charge per quarter for this.

1641 Willow Way, Princeton

$350,000

3 Beds ⋅ 3 Baths ⋅ 12755092 MLS ⋅ ACTIVE Status

Claim this desirable Villa for your own!! Located in the highly sought-after 55-and-older Villas Community of Liberty Village, this beautifully designed 3-bedroom, 2.5 bath home offers 2,082 square feet of comfortable quality living space and was built in 2016. From the moment you step into the spacious foyer, you'll appreciate the open floor plan and quality driven construction that sets these villas apart. The foyer opens into the large living room, featuring impressive 12-foot ceilings and a cozy gas fireplace that creates a warm an inviting atmosphere. The bright and versatile sunroom provides the perfect space for relaxing, an office or whatever suits your lifestyle. The spacious primary suite is conveniently located right off the living room and features a large private bathroom with a roll-in shower and an expansive walk-in closet. Throughout the home you'll find thoughtful design details including tray ceilings, large windows, glass French doors and an abundance of light. Wheelchair accessible, 32 inch or more wide doors, 36 inch or more wide hallways and no interior steps. Recent updates include a brand-new roof in 2026, and the stove and microwave are 3 years old. The home offers a lovely backyard patio that overlooks the open field and the partially fenced in yard is a unique perk that is grandfathered in. The HOA fees cover lawn maintenance and snow removal, while also providing access to additional amenities offered by Liberty Village. Quality construction, a desirable location, spacious living areas and beautiful views make this a Liberty Village Villa one you don't want to miss!!

713 Independence Drive, Princeton

$420,000

4 Beds ⋅ 3 Baths ⋅ 12752458 MLS ⋅ ACTIVE Status

So much to tell about this 4 BR, 2 1/2 bath home, located in Timber Ridge subdivision, just 3 miles south of town. Seller currently has an assumable mortgage well below current market rates! Check out the main floor bedroom suite with a full bath featuring a separate shower & tub and double sink. The kitchen has been freshly upgraded with smart appliances, granite counter tops & backsplash, soft close drawers and new doors. An amazing walk in pantry provides great storage. Laundry and a 1/2 bath are also on the main level. Three additional bedrooms are upstairs along with another full bath. The basement has a finished family room, perfect for enjoying your favorite movies, working out, or just relaxing. There is plenty of storage and an egress window and radon mitigation system are already in place for future upgrades. The back yard is ready for fun with a Kayak pool, deck and spacious 1.13 acre lot. The four season room provides a great spot for relaxing and watching some of the deer roam through the neighborhood. Recent updates include roof, siding and gutters (2020), sump (2024), new pool liner and sand filter (2025), rear deck refinished (2026), upgraded water treatment system (2022), kitchen appliances (2023). Solar panels are owned. Garden shed not included. Ready for new owners! Schedule your showing today!

2335 Timber Ridge Drive, Princeton

$208,900

3 Beds ⋅ 2 Baths ⋅ 12731748 MLS ⋅ ACTIVE Status

Welcome home to this wonderful 3-bedroom, 2-bath home nestled on a quiet cul-de-sac with a generous .43-acre fenced lot! The main level features a fabulous great room with updated cabinetry, beautiful hardwood floors, and a sliding door that opens to a concrete patio-perfect for entertaining, relaxing, and enjoying the oversized backyard. The lower level offers even more living space with a comfortable family room featuring walk-out access, a second full bathroom, and a convenient laundry/utility room. Upstairs, you'll find three bedrooms and a full bathroom. Major updates include roof, siding, and windows in 2014, plus a kitchen update in 2013. All appliances included, making your move as easy as possible. With abundant indoor space, a large fenced yard, and a desirable cul-de-sac location, this home offers comfort, functionality, and plenty of room to make it your own!

650 Erickson Drive, Princeton

$175,000

3 Beds ⋅ 2 Baths ⋅ 12742076 MLS ⋅ ACTIVE Status

Well maintained extra clean , ready to move into, 3 bedrooms main floor home, with full bath. The home has an eat in kitchen, with patio door to a large covered patio. The back yard is completely fenced, with lots of space for entertaining. The home has a full basement that includes a kitchen with gas oven and refrigerator, as well as a nice bathroom with shower. There is also a room currently used as a bedroom, 11x12, in the basement. The laundry is currently in the basement but there is a hookup for laundry on the main floor. Pamper your car in a two car attached garage, with an access door into the fenced back yard.

220 N Knox Street, Princeton

$145,000

3 Beds ⋅ 1 Baths ⋅ 12735711 MLS ⋅ ACTIVE Status

Plenty of room in this 3 bedroom, two story home has a tranquil outdoor sitting area, two enclosed porches, a great floor plan and beautiful historic woodwork. Additionally, updates including all new vinyl windows (except porch windows) with a lifetime warranty, new inserts in both chimneys, new electrical connecting the house to the garage, and fresh paint throughout. A very large kitchen has custom epoxy counter tops and includes all appliances including a brand new refrigerator. Hardwood floors through most of the main level and convenient main floor laundry. The second story bonus room adds space for a playroom, family room, or office. The two car garage has a second story. A full basement for additional storage. Call for your tour today!

616 N Pleasant Street, Princeton

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