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Single Family ResidenceResidential
$1,326,060$471 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 87How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $450,000 on Jul 27, 2002

48 CHESTNUT ST

PRINCETON, NJ 08542
0
Baths
2,818 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1935
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$1.3M
$1.2M low$1.5M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$450,000 · Jul 27, 2002

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$21,498 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$786,600 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$475,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$311,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$786,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$786,600

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMERCER
Lot (acres)The size of the land the home sits on, from county records.0.12
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Princeton High SchoolB
High · Grades 9–12 · 0.3 mi
M
Princeton Middle SchoolA
Middle · Grades 6–8 · 0.5 mi
E
Community Park Elementary SchoolA-
Elementary · Grades PK–5 · 0.7 mi

District: Princeton Public Schools

Neighborhood · ZIP 08542These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.97
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.98
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.94

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.39%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.4,693
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.8,960 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$131,081
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$148,037
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.49 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

48 Chestnut St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 95% of homes in Mercer County
  • Costs more per square foot than 94% of homes in Mercer County
  • Bigger than 90% of homes in Princeton 08542
  • Older than 73% of homes in Mercer County

What homes are worth in Princeton 08542

Each bar is how many homes fall in that price range. The marker is this home.

This home
$362K$2.2M

This home is worth more than 84% of homes in Princeton 08542.

How it measures up in Princeton 08542

The dot is this home. The mark in the middle is the typical home in Princeton 08542.

Estimated value$1,326,060
CheaperTypical $857,732Pricier

Pricier than 84% of homes nearby

Price per ft²$471
CheaperTypical $605Pricier

Pricier than 20% of homes nearby

Living area2,818 ft²
SmallerTypical 1,536 ft²Bigger

Bigger than 90% of homes nearby

Lot size0.12 ac
SmallerTypical 3,615 ft²Bigger

Bigger than 59% of homes nearby

Year built1935
OlderTypical 1929Newer

Newer than 71% of homes nearby

How 48 Chestnut St ranks against every home in each area.
MeasureThis homePrinceton 08542Mercer County
Estimated valuepricier than$1,326,06084% of homes95% of homes
Price per ft²pricier than$47120% of homes94% of homes
Living areabigger than2,818 ft²90% of homes89% of homes
Lot sizebigger than0.12 ac59% of homes41% of homes
Year builtnewer than193571% of homes27% of homes

About 48 Chestnut St

How much is 48 Chestnut St, Princeton, NJ worth?

The TopHap Estimate for 48 Chestnut St, Princeton, NJ is $1,326,060 as of Sep 24, 2026. The likely range is $1,158,349 to $1,493,771. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 48 Chestnut St, Princeton, NJ last sell?

48 Chestnut St, Princeton, NJ last sold on Jul 27, 2002 for $450,000, according to the county's recorded deed.

How big is 48 Chestnut St, Princeton, NJ?

48 Chestnut St, Princeton, NJ has 2,818 square feet of living space and a 0.12-acre lot.

When was 48 Chestnut St, Princeton, NJ built?

48 Chestnut St, Princeton, NJ was built in 1935, making it 91 years old. The building has 2 stories.

What schools serve 48 Chestnut St, Princeton, NJ?

48 Chestnut St, Princeton, NJ is assigned to Princeton High School (high), rated B; Princeton Middle School (middle), rated A; Community Park Elementary School (elementary), rated A-. All sit in Princeton Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 48 Chestnut St, Princeton, NJ compare to other homes in Princeton 08542?

Among the 928 homes in Princeton 08542, it is worth more than 84% of them ($1,326,060 against a typical $857,732), its price per square foot is higher than 20% of them ($471 against a typical $605), it is bigger than 90% of them (2,818 ft² against a typical 1,536 ft²), its lot is bigger than 59% of them (0.12 ac against a typical 3,615 ft²) and it is newer than 71% of them (1935 against a typical 1929). Measured against all of Mercer County, it is worth more than 95% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 48 Chestnut St, Princeton, NJ?

The 2025 property tax bill for 48 Chestnut St, Princeton, NJ was $21,498. The county assessed it at $786,600.

More homes on Chestnut St

Closest homes

More homes in Princeton 08542

Assigned schools

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