264 Hawthorne Ave, Princeton, NJ 08540

Princeton
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
264 Hawthorne Ave,Princeton, NJ 08540
$1,990,000
  • 3 Beds
  • - Baths
  • 2,455 sq. ft.
  • Multi-family
  • Active
Listed by: qizhan jack yao
Office: realmart realty, llc.
MLS#:NJME2086208
Source:BRIGHTMLS

Price summary

  • Price:$1,990,000
  • Price per sq. ft.:$810.59

About this home

Turnkey, high-yield 4-unit investment property located in the heart of Princeton is offered at $1,990,000. This fully occupied quadplex generates $8,100 monthly ($97,200 annually). Premier location: walk to Princeton University, top-tier downtown shopping, dining, the Princeton Shopping Center, Princeton Middle/High Schools, and local transit. Situated on a 0.27-acre lot (63’ x 187’) in a quiet, tree-lined residential neighborhood, this 1928 Colonial offers a park-like private yard and an off-street gravel driveway accommodating 5+ cars. This quadplex has been fully rented year round to University affiliates for 60+ years by current owners with a historical vacancy rate of under 1.5%, and seamless, same-day tenant turnarounds. The building spans 2,455 sq ft across 3 finished floors, featuring a highly efficient layout with separate PSE&G utilities—tenants pay their own electric, cooking gas, and internet. Versatile 4-Unit Mix Includes: Apt 1 (920 sq ft): Occupies the entire 1st floor....

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Home facts

  • Year built:1928
  • Listing ID #:NJME2086208
  • Added:1 day(s) ago
  • Updated:November 13, 2026 at 08:46 PM

Rooms and interior

  • Bedrooms:3
  • Rooms Total:7
  • Flooring:Hardwood
  • Basement:Yes
  • Basement Description:Interior Access
  • Living area:2,455 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Hot Water, Natural Gas, Radiator

Structure and exterior

  • Roof:Shingle
  • Year built:1928
  • Building area:2,455 sq. ft.
  • Lot area:0.27 Acres
  • Architectural Style:Colonial
  • Construction Materials:Frame
  • Exterior Features:Porch(es), Sidewalks
  • Foundation Description:Block, Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,990,000
  • Price per sq. ft.:$810.59
  • Tax amount:$19,062 (2025)

Parking

  • Parking description:Gravel Driveway, Parking Lot

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