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Princeton Real Estate

Are rising rents finally making buying more attractive?

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Renting vs BuyingIf you follow the Princeton rental market, you’ve been hearing a lot in the news lately about limited rental vacancies and rental rates that are quickly rising. It’s true. According to real estate website Trulia, U.S. rents rose an average of 5.4 percent over the 12 months ended June 30.

At the same time, the number of renters has increased due to the economic and employment challenges of the past several years. As a result, the market has swung in favor of landlords, and renters have been left with higher rents and a lack of move-in incentives such as a month’s rent free and other concessions.

In Princeton rental homes have closed on average 7% over their original asking price YTD in 2012.

Here are a list of Princeton rental to take a look at. Good luck with your search!


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Princeton Real Estate ‘Hotsheet’

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Here is a list of the newest homes for sale in Princeton, NJ. All of these homes were listed in the last seven days! 


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2012 June Princeton Closed Real Estate Transactions

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Here is the list of homes that closed in Princeton Boro and Township in June 2012.

2012 June Princeton Closed Real Estate Transactions*
Address Subdivision Beds Bths DOM OP SP
4345 Province Line Rd None Available 5 4.1 618 $1,195,000 $805,000
222 Mount Lucas Rd None Available 4 2.1 258 $1,415,000 $712,885
24 Andrews Ln Andrews Foulet 5 3 352 $999,999 $900,000
431 Ewing St Princeton East 4 2.1 153 $649,888 $600,000
42 William St None Available 1 1 196 $499,999 $450,000
185 Dodds Ln Littlebrook 4 4.1 164 $999,000 $950,000
67 Robert Rd Riverside 5 3 39 $550,000 $520,000
549 State Rd None Available 4 2 134 $394,500 $370,000
44 Park Pl None Available 2 1 146 $495,000 $465,000
30 Valley Rd None Available 3 2.1 115 $465,000 $420,000
49 Crooked Tree Ln Herrontown Woods 4 2.1 25 $650,000 $640,000
145 Philip Dr Riverside 4 2.1 44 $949,000 $940,000
87 Brookstone Dr None Available 6 4.1 77 $1,800,000 $1,500,000
649 Lawrenceville Rd None Available 5 2.1 55 $799,000 $800,000
111 Red Hill Rd None Available 4 3.1 48 $669,000 $630,000
131 Jefferson Rd None Available 3 1.1 53 $625,000 $575,000
65 Shady Brook Ln None Available 3 2.1 72 $650,000 $583,000
12 Woodland Dr None Available 3 2 68 $590,000 $565,000
30 Old Orchard Ln None Available 2 2.1 40 $495,000 $485,000
74 Allison Rd None Available 5 3.1 25 $1,495,000 $1,335,000
263 Hawthorne Ave None Available 3 1.1 10 $579,000 $555,000
175 Highland Ter None Available 6 6.2 22 $1,899,000 $1,725,000
61 Palmer Sq W Palmer Square 1 1 22 $350,000 $318,425
14 Sergeant St Riverside 3 2 43 $718,000 $716,000
245 Library Pl Western 5 6.1 7 $2,295,000 $2,476,938
37 Olden Ln Institute Area 4 2.1 10 $895,000 $880,406
267 Dodds Ln Littlebrook 4 2.1 8 $849,000 $845,000
268 Mount Lucas Rd None Available 3 2 35 $375,000 $320,000
235 Prospect Ave Riverside 2 2 11 $739,000 $739,000
31 Old Orchard Ln None Available 2 2.1 30 $545,000 $558,000
308 Western Way None Available 4 2.1 5 $750,000 $780,000
20 Constitution Hl W Constitution Hill 2 2.1 13 $1,150,000 $1,150,000
36 Pine St None Available 4 2.1 1 $840,000 $840,000
174 Jonathon Dayton Ct Griggs Farm 2 1.1 8 $275,500 $265,500
28 Audubon Ln None Available 6 7.1 201 $2,500,000 $2,500,000

*Information deemed reliable but not guaranteed. Not all sales made by Weichert, Realtors. Source, Trend.

34 Mountain Ave. Great Princeton Townhouse for Rent

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Julie Harrison of Weichert, Realtors Princeton office presents 34 Mountain Ave. Walk to town! Spacious bright end unit townhouse located across from Mountain Lakes and close to town center. Enjoy relaxing in the sunroom located off the kitchen or on the deck or on the two balconies situated off the living room and master bedroom. Hardwood floors throughout. Kitchen and dining room are located on first floor, living room on the second. Adjacent to living room with wet bar are two bedrooms and the master bedroom and bath with its own private balcony are on the third. There is ample storage with two storage rooms on the third floor and a basement. Attached is one car garage. Lawn maintenance is responsibility of HOA.

Available at $330o per month. Click here for more photos, walkscore and map  of 34 Mountain.

 

Click here to search every Princeton Home, Condo & Townhouse available for Rent. 

24 Maidenhead Rd, Princeton…Great Princeton Home for Rent

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  Beautiful Deerfield end-unit with luxurious upgrades located on a premium lot in    prestige Fieldwood Manor community ! Backing to the woods, southern exposure ensures plenty of cheerful sunlight. Delight in the picturesque view from the large window in the cozy loft. The gorgeous kitchen includes built-in refrigerator with all wood maple cabinetry. Throughout this beautiful home features: large stone patio, pond with waterfall, gorgeous hardwood floors, upgraded carpets and lighting,California Closets, built-in stereo sound system. Enjoy the large finished basement, wired for home theatre and featuring a full bath, full height ceilings, plus two additional rooms with closets and extra storage. Close to major roads, shopping center and school.

Click here to search all Princeton Rentals quickly and easily!

100 Province Line Rd. A Great Hopewell Home for Rent!

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Princeton Area Home for Rent

 This special property of post and beam structural integrity fused with the natural beauty of the approximate 3.5 acres. Sojourn through the tree lined, curved drive to this oasis in the woods. The front portico welcomes you into the home’s great room with wood burning fireplace, custom wood mantle and newer slider accessing the deck. Included on the first floor is an “en-suite” with full bath. The upper level has three bedrooms including the master bedroom with full bath, separate lave area, whirlpool type tub, walk-in closet, skylight and office/library loft. With the walk-up attic are architectural drawings to expand the large space. For one’s needs or wants. Complementing this special property is a large, usable walk-out basement, 2 car garage, geo-thermal heat and central air conditioning. Even though the location is rural, it is close to schools, medical and corporate centers. Princeton is just a short jaunt to enjoy cultural performances, shopping and Princeton University. 

 

Search all the Rentals in Princeton by clicking here!

Princeton’s Newest Listings!

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Looking for a new listing in Princeton? Here is a list of the newest listings that have hit the market in the last seven days.


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Great new Princeton townhouse for rent!

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A great New Princeton Rental! 
34 Mountain Ave Princeton.

3 beds, 2.5 baths, 3 level home.  $3300 per month.

Click here to make an appointment to see this home!

Click here for more information on 34 Mountain Ave, Princeton!

Click here to search all the rentals available in Princeton.

A Great townhouse for Rent in Princeton, NJ

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Looking for a nice rental in Princeton? Look no further. This Griggs Farm townhouse is available for rent for $1900 per month. This two bedroom has a pergo first floor, recessed lights and berber carpet upstairs.  

Click here for more photos of this property, maps and more!

 

Looking for a rental in Princeton, click here and start your search for every Rental Home in Princeton.

 

John Burke

Broker/Sales Person

Weichert, Realtors
350 Nassau St,
Princeton, NJ 08540
Office: (609) 921-1900

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