321 Prospect Ave, Princeton, NJ 08540 Property Records

Mercer County and Princeton property record for 321 Prospect Ave, Princeton, NJ 08540

Property Summary

Property Type	Single Family Home
Details	2,559 sqft · built 1963
Lot Size	0.296 acres (12,881 sqft)
Owner	Individual Name on File
Last Sale	$635,000 (Dec 2002)
Tax Bill	$20,323 (2025)
Deeds & Mortgages	Oct 2020 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`14-00056-06-00156`

Property Details

APN / Parcel Number

Primary APN	`14-00056-06-00156`
Alternative APN	`0900056 0600156`

Interior

Stories	2 Stories
Building Area	2,559 sqft Living Area

Exterior

Year Built	Built 1963
Effective Year Built	Effective 1963
Construction Type	Frame
Lot Area	12,881 sqft (0.296 acres)
Lot Dimensions	140 ft deep x 92 ft wide
Parking Spaces	2 Parking Spaces

Location & Zoning

Street Address	321 PROSPECT AVE
City	PRINCETON
State	NJ
Zip	08540-5330
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R2
Legal Description	B-56,L-156
Legal Subdivision	TEAK REALTY CO INC
Legal Block	56.6
Legal Lot Number	156
Jurisdiction	MERCER NJ
Township / Civil Division	PRINCETON
Census Block Group	4
Census Block	4022
Census Tract	4204

Owner

Source: Mercer County and Princeton assessment roll, as of July 6, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on File
Mailing Address	321 PROSPECT AVE, PRINCETON, NJ 08540-5330
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Dec 12, 2002 · Amount on Record
Deed Sale	Dec 12, 2002 · Amount on Record
Deed Book / Page	4426 / 240
Record Updated	Sep 20, 2026

October 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MERCER NJ
Property Address	321 PROSPECT AVE, PRINCETON, NJ 08540-5330
Document Number	0000051496
Instrument Date	Oct 7, 2020
Transaction Type	Mortgage
Record Updated	Dec 1, 2020
Title Company	STEWART TITLE, STEWART TITLE GUARANTY CO

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	321 PROSPECT AVE PRINCETON NJ 085405330, PRINCETON, NJ 08540-5330

Mortgage

Document Number	0000051496
Date	Nov 9, 2020
Book Page	011541/001754
Instrument	51496

Lender

Name	WELLS FARGO BK
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Nov 8, 2035

Tax Assessment & Valuation

Source: Mercer County and Princeton assessment roll, as of July 6, 2026

Property Jurisdictions

Type	Name
State	New Jersey
County	Mercer County
Municipality	Princeton
Unified School District	Princeton Public Schools (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$753,600 (+1.34%) Land $488,000 Building $265,600	$753,600 (+1.34%) Land $488,000 Building $265,600
2025	$20,323.00 (+2.63%)	$743,600 (-) Land $488,000 Building $255,600	$743,600 (-) Land $488,000 Building $255,600
2024	$19,802.00 (+9.5%)
2023		$743,600 Land $488,000 Building $255,600	$743,600 Land $488,000 Building $255,600
2022	$18,084.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective May 23, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 16 policies
Nearby Flood Policies	16 in force
Nearby Flood Claims	12 (1984–2024)
Claims Outside the SFHA	9 of 12
Most Recent Claim	Apr 2024 · rainfall accumulation
Claims by Event	Hurricane Irene, Aug 2011 · 2 claims Hurricane Floyd Major Disaster Declarations, Sep 1999 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 65% of New Jersey
Wildfire Likelihood	0.01% annual chance
Exposure	Direct burnable vegetation at the parcel

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	NJ AMERICAN WATER - RARITAN private · serves 615,430 people · EPA ID NJ2004002
Water Source	Surface water
Last State Inspection	Jun 2024
Lead	1 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 283 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Verizon Fiber · Fixed Wireless in parts of the area	2,300 / 2,300
Xfinity Cable	2,000 / 250