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24 Balsam Ln

Princeton, NJ 08540

5 bd 6 ba 4,349 sqft Built 2014 Lot 19,602 sqft single_family
Most recent sale
$2,550,000
Jun 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 9, 2022 Sold $2,550,000 MLS #3772702
Apr 5, 2022 Listed $2,450,000 MLS #NJME2013852
Apr 1, 2022 Listed $2,450,000 MLS #3772702
Nov 9, 2014 Sold $1,900,000 MLS #6264356
Aug 13, 2013 Listed $1,900,000 MLS #6264356
Jun 28, 2013 Sold $600,000 MLS #6164436
Feb 4, 2013 Listed $550,000 MLS #6164436
Jun 19, 1989 Sold $317,500 Public Record
Jul 1, 1985 Sold $245,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,128,100 $540,000 $1,668,100 $45,589
2024 $1,128,100 $540,000 $1,668,100 $44,421
2023 $1,128,100 $540,000 $1,668,100 $41,936
2022 $1,128,100 $540,000 $1,668,100 $40,568
2021 $1,128,100 $540,000 $1,668,100 $40,684
2020 $1,128,100 $540,000 $1,668,100 $40,368
2019 $1,128,100 $540,000 $1,668,100 $39,567
2018 $1,128,100 $540,000 $1,668,100 $38,900
2017 $1,128,100 $540,000 $1,668,100 $38,366
2016 $1,128,100 $540,000 $1,668,100 $37,765
2015 $1,128,100 $490,000 $1,618,100 $35,792
2014 $490,000 $490,000 $10,706
2013 $159,600 $490,000 $649,600 $13,842
2012 $159,600 $540,000 $699,600 $14,056
2011 $159,600 $540,000 $699,600 $13,497
2010 $177,300 $565,000 $742,300 $14,378
2009 $188,700 $166,300 $355,000 $12,629
2008 $188,700 $166,300 $355,000 $12,409
2007 $188,700 $166,300 $355,000 $12,104

Property facts

Year built
2014
Property type
single_family
Stories
Beds
5
Baths
6
Living area
4,349 sqft
Lot size
19,602 sqft
ZIP code
08540
City
Princeton
Street
Balsam Ln
Coordinates
40.35129, -74.63826

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$15,300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 24 Balsam Ln last sell?
24 Balsam Ln most recently sold on Jun 9, 2022 for $2,550,000.
What is the current tax assessment for 24 Balsam Ln?
The most recent total assessment for 24 Balsam Ln (year 2025) is $1,668,100 with $45,589 in property tax.
How does 24 Balsam Ln's assessment compare to its last sale price?
The current assessment is 34.6% below the last sale price of $2,550,000.
When was 24 Balsam Ln built?
24 Balsam Ln was built in 2014.
How does 24 Balsam Ln compare to others on Balsam Ln?
We track 3 other properties on Balsam Ln. Browse the list under "Other properties on Balsam Ln" to compare beds, baths, and sale history.
What are the property facts for 24 Balsam Ln?
24 Balsam Ln is a 5 bed, 6 bath, 4,349 sqft, 19,602 sqft lot single_family.
Is 24 Balsam Ln a flip candidate?
No — 24 Balsam Ln does not appear in our flips dataset.
Is 24 Balsam Ln a tax-appeal candidate?
No — 24 Balsam Ln 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
+6.6%
Implied 1-yr
+26.6%
2026 Q3
$2.54M
2026 Q4
$2.54M
ZIP 08540 — Median Price History + Forecast

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