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1
Bedrooms
1.0
Baths
541
Sqft
$328
Price/Sqft
0.08
Acres
About this home
Don’t miss this rare opportunity to own a well-maintained, affordable 1-bedroom, 1-bath condo in one of Princeton’s most desirable neighborhoods - Griggs Farm. This unit allows qualifying individuals to own a home that provides the perfect blend of comfort, charm, and community while accessing everything Princeton has to offer through Princeton’s Affordable Housing Program and is subject to income eligibility requirements (see below). The unit features an updated furnace, water heater, toilet and plumbing fixtures, plus access to tennis courts, walking trails, playgrounds, and a community clubhouse.
The 3rd-floor walk-up unit features a bright and efficient living space, which includes a dining area and outdoor balcony, making it perfect for first-time buyers or downsizers. This condo offer exceptional value with a well-equipped kitchen featuring ample cabinetry and a bedroom with a generous size closet and plenty of natural light.
There is one reserved parking space within walking distance, and on-site laundry and a storage unit in the secured basement of the building. NJ Transit bus stop is steps away from your doorstep, giving you direct to downtown Princeton, Quakerbridge Mall & Mercer Mall.
Property is being sold as-is and new owner can keep all furnishing.
Eligibility requirements:
This is a moderate-income unit with income and eligibility restrictions as defined by the Uniform Housing Affordability Controls (UHAC). See 2025 Income Limits for qualification details (Region 4 Mercer County): https://www.cjhrc.org/images/New_Jersey_State_Income_Limits.pdf
Key requirements:
-Deed-restricted for moderate-income households
-Must be owner-occupied (no rentals permitted)
-Resale and occupancy restrictions apply in accordance with UHAC guidelines
-Buyer must use the home as their primary residence
-Affordable pricing determined and monitored by the municipality
How to Apply / Express Interest:
Interested and eligible buyers must contact Princeton Affordable Housing for application instructions and next steps at 609-688-2029 or 1 Monument Drive to verify eligibility before submitting an offer.
