394 Franklin Ave
Princeton, NJ 08540
4 bd 2 ba 1,806 sqft Built 1950 Lot 9,148 sqft single_family
Most recent sale
$999,999
Mar 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 16, 2023 | Listing removed | $5,500 | BrightMLS |
| Jan 10, 2023 | Price changed for rent | $5,500 | BrightMLS |
| Dec 29, 2022 | Listed for rent | $6,000 | BrightMLS |
| Apr 13, 2022 | Listing removed | $6,000 | BrightMLS |
| Apr 8, 2022 | Listed for rent | $6,000 | BrightMLS |
| Mar 23, 2022 | Sold | $999,999 | Public Record |
| Mar 11, 2022 | Listed for rent | $6,000 | BrightMLS |
| Mar 11, 2022 | Sold | $999,999 | MLS #NJME2011728 |
| Feb 9, 2022 | Listed | $879,000 | MLS #NJME2011728 |
| Jun 15, 2018 | Sold | $810,000 | MLS #1001578474 |
| May 21, 2018 | Listed | $699,000 | MLS #1001578474 |
| Jun 30, 2010 | Sold | $592,500 | MLS #5709010 |
| May 11, 2010 | Listed | $599,000 | MLS #5709010 |
| Oct 30, 2004 | Sold | $390,000 | Public Record |
| Aug 1, 1985 | Sold | $133,000 | Public Record |
| Jun 1, 1984 | Sold | $103,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $279,900 | $367,000 | $646,900 | $17,679 |
| 2024 | $279,900 | $367,000 | $646,900 | $17,226 |
| 2023 | $279,900 | $367,000 | $646,900 | $16,263 |
| 2022 | $279,900 | $367,000 | $646,900 | $15,732 |
| 2021 | $212,900 | $337,000 | $549,900 | $13,412 |
| 2020 | $212,900 | $337,000 | $549,900 | $13,308 |
| 2019 | $208,500 | $337,000 | $545,500 | $12,939 |
| 2018 | $208,500 | $337,000 | $545,500 | $12,721 |
| 2017 | $208,500 | $337,000 | $545,500 | $12,547 |
| 2016 | $205,400 | $312,000 | $517,400 | $11,714 |
| 2015 | $205,400 | $312,000 | $517,400 | $11,445 |
| 2014 | $205,400 | $312,000 | $517,400 | $11,305 |
| 2013 | $205,400 | $312,000 | $517,400 | $11,026 |
| 2012 | $205,400 | $317,000 | $522,400 | $10,683 |
| 2011 | $205,400 | $317,000 | $522,400 | $10,265 |
| 2010 | $127,600 | $317,000 | $444,600 | $8,612 |
| 2009 | $135,100 | $66,300 | $201,400 | $7,307 |
| 2008 | $132,600 | $66,300 | $198,900 | $7,093 |
| 2007 | $132,600 | $66,300 | $198,900 | $6,921 |
Property facts
Year built
1950
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,806 sqft
Lot size
9,148 sqft
ZIP code
08540
City
Princeton
Street
Franklin Ave
Coordinates
40.36103, -74.64626
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 394 Franklin Ave last sell?
394 Franklin Ave most recently sold on Mar 23, 2022 for $999,999.
What is the current tax assessment for 394 Franklin Ave?
The most recent total assessment for 394 Franklin Ave (year 2025) is $646,900 with $17,679 in property tax.
How does 394 Franklin Ave's assessment compare to its last sale price?
The current assessment is 35.3% below the last sale price of $999,999.
When was 394 Franklin Ave built?
394 Franklin Ave was built in 1950.
How does 394 Franklin Ave compare to others on Franklin Ave?
We track 8 other properties on Franklin Ave. Browse the list under "Other properties on Franklin Ave" to compare beds, baths, and sale history.
What are the property facts for 394 Franklin Ave?
394 Franklin Ave is a 4 bed, 2 bath, 1,806 sqft, 9,148 sqft lot single_family.
Is 394 Franklin Ave a flip candidate?
No — 394 Franklin Ave does not appear in our flips dataset.
Is 394 Franklin Ave a tax-appeal candidate?
No — 394 Franklin Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.6%
Implied 1-yr
+26.6%
2026 Q3
$2.54M
2026 Q4
$2.54M
ZIP 08540 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franklin Ave