116 Rainier Ct
Princeton, NJ 08540
2 bd 2 ba 1,210 sqft Built 1988 condos
Most recent sale
$437,000
Sep 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 14, 2022 | Sold | $414,500 | BrightMLS |
| Sep 24, 2022 | Price changed | $414,500 | MLS #NJME2022146 |
| Sep 8, 2022 | Sold | $437,000 | Public Record |
| Sep 7, 2022 | Listed | $424,500 | MLS #NJME2022146 |
| Aug 31, 2022 | Sold | $437,000 | MLS #NJME2016550 |
| May 17, 2022 | Listed | $359,000 | MLS #NJME2016550 |
| Jun 7, 2017 | Sold | $310,000 | MLS #1000042714 |
| Apr 30, 2017 | Listed | $314,000 | MLS #1000042714 |
| Apr 1, 2017 | Listing removed | $335,000 | BrightMLS |
| Jan 27, 2017 | Price changed | $335,000 | MLS #6896923 |
| Dec 5, 2016 | Price changed | $325,000 | MLS #6896923 |
| Dec 1, 2016 | Listed | $319,000 | MLS #6896923 |
| Dec 30, 1994 | Sold | $112,000 | Public Record |
| Apr 18, 1988 | Sold | $146,990 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $176,800 | $80,000 | $256,800 | $8,120 |
| 2024 | $176,800 | $80,000 | $256,800 | $7,870 |
| 2023 | $176,800 | $80,000 | $256,800 | $7,542 |
| 2022 | $176,800 | $80,000 | $256,800 | $7,395 |
| 2021 | $176,800 | $80,000 | $256,800 | $7,334 |
| 2020 | $176,800 | $80,000 | $256,800 | $7,201 |
| 2019 | $176,800 | $80,000 | $256,800 | $7,118 |
| 2018 | $176,800 | $80,000 | $256,800 | $7,051 |
| 2017 | $176,800 | $80,000 | $256,800 | $6,905 |
| 2016 | $176,800 | $80,000 | $256,800 | $6,756 |
| 2015 | $176,800 | $80,000 | $256,800 | $6,599 |
| 2014 | $176,800 | $80,000 | $256,800 | $6,522 |
| 2013 | $176,800 | $80,000 | $256,800 | $6,386 |
| 2012 | $176,800 | $80,000 | $256,800 | $6,319 |
| 2011 | $176,800 | $80,000 | $256,800 | $6,165 |
| 2010 | $176,800 | $80,000 | $256,800 | $5,878 |
| 2009 | $176,800 | $80,000 | $256,800 | $5,623 |
| 2008 | $180,000 | $80,000 | $260,000 | $5,465 |
| 2007 | $200,000 | $80,000 | $280,000 | $5,572 |
Property facts
Year built
1988
Property type
condos
Stories
3
Beds
2
Baths
2
Living area
1,210 sqft
Lot size
—
ZIP code
08540
City
Princeton
Street
Rainier Ct
Coordinates
40.31743, -74.66331
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,815
Gross rental yield
4.98%
Implied cap rate
3.24%
Trend-extrapolated value
—
Frequently asked questions
When did 116 Rainier Ct last sell?
116 Rainier Ct most recently sold on Sep 8, 2022 for $437,000.
What is the current tax assessment for 116 Rainier Ct?
The most recent total assessment for 116 Rainier Ct (year 2025) is $256,800 with $8,120 in property tax.
How does 116 Rainier Ct's assessment compare to its last sale price?
The current assessment is 41.2% below the last sale price of $437,000.
When was 116 Rainier Ct built?
116 Rainier Ct was built in 1988.
How does 116 Rainier Ct compare to others on Rainier Ct?
We track 8 other properties on Rainier Ct. Browse the list under "Other properties on Rainier Ct" to compare beds, baths, and sale history.
What are the property facts for 116 Rainier Ct?
116 Rainier Ct is a 2 bed, 2 bath, 1,210 sqft condos.
Is 116 Rainier Ct a flip candidate?
No — 116 Rainier Ct does not appear in our flips dataset.
Is 116 Rainier Ct a tax-appeal candidate?
No — 116 Rainier Ct 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
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