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131 Mill Rd

Princeton Junction, NJ 08550

4 bd 3 ba 3,382 sqft Built 1836 Lot 74,705 sqft single_family
Most recent sale
$1,200,000
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Listed for rent $2,190 RentRedi
May 23, 2022 Sold $1,200,000 MLS #NJME2012386
Mar 23, 2022 Listed $1,180,000 MLS #NJME2012386
Aug 22, 1997 Sold $333,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $627,600 $299,200 $926,800 $29,305
2024 $627,600 $299,200 $926,800 $28,406
2023 $627,600 $299,200 $926,800 $27,220
2022 $307,200 $299,200 $606,400 $17,464
2021 $307,200 $224,400 $531,600 $15,182
2020 $307,200 $224,400 $531,600 $14,906
2019 $307,200 $224,400 $531,600 $14,735
2018 $307,200 $224,400 $531,600 $14,597
2017 $307,200 $224,400 $531,600 $14,294
2016 $307,200 $224,400 $531,600 $13,986
2015 $307,200 $224,400 $531,600 $13,662
2014 $341,300 $299,200 $640,500 $16,268
2013 $341,300 $299,200 $640,500 $15,929
2012 $341,300 $299,200 $640,500 $15,762
2011 $357,900 $299,200 $657,100 $15,776
2010 $350,000 $299,200 $649,200 $14,860
2009 $350,000 $299,200 $649,200 $14,217
2008 $350,000 $299,200 $649,200 $13,646
2007 $350,000 $299,200 $649,200 $12,919

Property facts

Year built
1836
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
3,382 sqft
Lot size
74,705 sqft
ZIP code
08550
City
Princeton Junction
Street
Mill Rd
Coordinates
40.28461, -74.61232

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,073
Gross rental yield
5.07%
Implied cap rate
3.30%
Trend-extrapolated value

Frequently asked questions

When did 131 Mill Rd last sell?
131 Mill Rd most recently sold on May 23, 2022 for $1,200,000.
What is the current tax assessment for 131 Mill Rd?
The most recent total assessment for 131 Mill Rd (year 2025) is $926,800 with $29,305 in property tax.
How does 131 Mill Rd's assessment compare to its last sale price?
The current assessment is 22.8% below the last sale price of $1,200,000.
When was 131 Mill Rd built?
131 Mill Rd was built in 1836.
How does 131 Mill Rd compare to others on Mill Rd?
We track 8 other properties on Mill Rd. Browse the list under "Other properties on Mill Rd" to compare beds, baths, and sale history.
What are the property facts for 131 Mill Rd?
131 Mill Rd is a 4 bed, 3 bath, 3,382 sqft, 74,705 sqft lot single_family.
Is 131 Mill Rd a flip candidate?
No — 131 Mill Rd does not appear in our flips dataset.
Is 131 Mill Rd a tax-appeal candidate?
No — 131 Mill Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$899.5K
2026 Q4
$907K
ZIP 08550 — Median Price History + Forecast

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