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156 MERCER STREET, PRINCETON, NJ 08540

INSTITUTE AREA · MERCER County

Key Facts

2Beds
2Baths
1,084Sq Ft
1900Year Built
0.05Lot (acres)

Description

Discover effortless living in this charming, just renovated 2-bedroom, 1-flex room and 1.5-bath townhouse at 156 Mercer Street in the desirable Institute Area of Princeton. With new bathrooms and updated kitchen, this sunny home offers classic Princeton character with modern comfort, including a basement with washer/dryer and generous additional storage, Nestled in a quiet, historic neighborhood just steps from beautiful Marquand Park and the Arboretum, 156 Mercer is perfect for those who value walkability and proximity to intellectual and cultural hubs. Princeton University’s campus is moments away—ideal for researchers, postdocs, or faculty who want to stroll to labs, libraries, or lectures. Head the other direction and you’re walking into the heart of downtown Princeton for vibrant shops, the public library, theater, and an array of excellent restaurants and cafes that define this special town. The Princeton Dinky station is an easy walk, giving you seamless access to Princeton Junction and the Northeast Corridor for quick trips to New York, Philadelphia, or beyond. Need everyday shopping? Route 1’s retail corridor and major stores are also conveniently a short ride away. Unbeatable convenience in a premium location with a verdant backyard and designated parking. Experience classic Princeton style with modern updates in one of the most walkable and connected spots in town. Perfect for the young professional or researcher seeking both serenity and centrality. Come and see it before it's gone.

Property Information

Property Type

Residential Lease

Sub-Type

Townhouse

Structure Type

Townhouse

Year Built

1900

Living Area

1,084 sq ft

Lot Size

0.05 acres

Parking Spaces

1

Zoning

R1MP

Days on Market

25

MLS® Listing#

NJME2079488

Property Features

Appliances

Gas Water HeaterWasherDryer

Cooling

Central AirElectric

Heating

Natural GasForced Air

Basement

Full

Pool

None

Parking

PavedParking Lot

Construction

Frame

Foundation

Other

Sewer

Public Sewer

Water Source

Public

Rooms

  • Office

Schools

Elementary:
JOHNSON PARK
Middle:
PRINCETON
High:
PRINCETON H.S.
District:
PRINCETON REGIONAL SCHOOLS

Financial Details

HOA

None

Parcel Number

14-00039 01-00022

Directions

Nassau to Mercer

Affordability Calculator

$760

Estimated monthly payment

$20/mo

Principal $3,040 · Est. interest $4,241 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in PRINCETON, NJ

$1,000,000
Median Listing Price
51
Median Days on Market
2,252
Median Sq Ft
$416
Median Price / Sq Ft
158
Active Listings
  • This home’s price is 100% below the area median.
  • Its price per sq ft is 99% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in PRINCETON, NJ.

Location

Map showing the location of 156 MERCER STREET, PRINCETON, NJ 08540

Points of Interest in PRINCETON, NJ

Showing the PRINCETON area map.

Nearby Schools

  • Nassau Nursery School

    Elementary · 0.5 mi away

  • The Lewis School of Princeton

    Secondary · 0.6 mi away

  • The Hun School of Princeton

    Secondary · 0.9 mi away

  • Princeton Nursery School

    School · 0.9 mi away

  • St Paul Roman Catholic School

    Secondary · 1.0 mi away

  • Johnson Park School

    Elementary · 1.0 mi away

  • Community Park

    Elementary · 1.2 mi away

  • University League Nursery School

    School · 1.3 mi away

  • University Now Day Nursery

    Primary School · 1.3 mi away

  • Princeton Public Schools

    School · 1.4 mi away

  • Cherry Hill Nursery School

    Elementary · 1.4 mi away

  • Princeton Middle School

    Secondary · 1.5 mi away

  • The American Boychoir School

    School · 1.5 mi away

  • Joan Levin Nursery School

    School · 1.7 mi away

  • The Jewish Center

    Elementary · 1.7 mi away

  • Princeton Day School

    Elementary · 1.8 mi away

  • Riverside Elementary School

    Elementary · 1.9 mi away

  • Aops Academy

    School · 1.9 mi away

  • Princeton Charter School

    Elementary · 2.0 mi away

  • Stuart Country Day School

    Secondary · 2.0 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in PRINCETON

Listing Courtesy: BHHS Fox & Roach - Princeton - 6099241600

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Bright MLS. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by BRIGHT. MLS® Listing#NJME2079488. © 2026EXIT Realty®. All rights reserved.