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196 Valley Rd

Princeton, NJ 08540

3 bd 2 ba 1,276 sqft Built 1940 Lot 15,246 sqft single_family
Most recent sale
$725,000
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2022 Sold $725,000 MLS #NJME2018736
Jul 1, 2022 Listed $799,000 MLS #NJME2018736
Aug 1, 1982 Sold $82,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $110,900 $340,000 $450,900 $12,323
2024 $110,900 $340,000 $450,900 $12,007
2023 $110,900 $340,000 $450,900 $11,335
2022 $110,900 $340,000 $450,900 $10,965
2021 $110,900 $340,000 $450,900 $10,997
2020 $110,900 $340,000 $450,900 $10,912
2019 $110,900 $340,000 $450,900 $10,695
2018 $110,900 $340,000 $450,900 $10,515
2017 $110,900 $340,000 $450,900 $10,371
2016 $106,900 $325,000 $431,900 $9,778
2015 $106,900 $325,000 $431,900 $9,554
2014 $119,400 $296,300 $415,700 $9,083
2013 $119,400 $296,300 $415,700 $8,859
2012 $119,400 $296,300 $415,700 $8,251
2011 $119,400 $296,300 $415,700 $7,919
2010 $119,400 $375,000 $494,400 $9,577
2009 $110,400 $88,300 $198,700 $6,959
2008 $110,400 $88,300 $198,700 $6,836
2007 $110,400 $88,300 $198,700 $6,664

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,276 sqft
Lot size
15,246 sqft
ZIP code
08540
City
Princeton
Street
Valley Rd
Coordinates
40.36357, -74.65608

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
$4,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 196 Valley Rd last sell?
196 Valley Rd most recently sold on Aug 25, 2022 for $725,000.
What is the current tax assessment for 196 Valley Rd?
The most recent total assessment for 196 Valley Rd (year 2025) is $450,900 with $12,323 in property tax.
How does 196 Valley Rd's assessment compare to its last sale price?
The current assessment is 37.8% below the last sale price of $725,000.
When was 196 Valley Rd built?
196 Valley Rd was built in 1940.
How does 196 Valley Rd compare to others on Valley Rd?
We track 8 other properties on Valley Rd. Browse the list under "Other properties on Valley Rd" to compare beds, baths, and sale history.
What are the property facts for 196 Valley Rd?
196 Valley Rd is a 3 bed, 2 bath, 1,276 sqft, 15,246 sqft lot single_family.
Is 196 Valley Rd a flip candidate?
No — 196 Valley Rd does not appear in our flips dataset.
Is 196 Valley Rd a tax-appeal candidate?
No — 196 Valley 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
+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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