Princeton Village

Despite the name, Princeton Village is located in Montgomery Township, served by Montgomery Township Public Schools. Among the largest townhome floor plans in the township, Princeton Village offers 3-4 bedroom homes ranging from 1,935 to 2,093 square feet. Built between 1988 and 1997, this established community provides Montgomery Township school access, with recent closings running from the low $600,000s to the mid-$700,000s.

Housing typeTownhomes · 3-4 bed · 1,935-2,093 sqft
School districtMontgomery Township Public Schools
Built1988-1997
CharacterSpacious floor plans, established community
Market Data

Princeton Village
by the numbers

Live data from BrightMLS, updated daily.

--Median Sale Price
--Median Days on Market
--Sale-to-List Ratio
--Active Listings
--Under Contract
--Sold (Last 24 Mo)
What Makes It Special

Why buyers choose
Princeton Village

Princeton Village is a townhome community in Montgomery Township, Somerset County, built between 1988 and 1997 along just two streets, Castleton Road and Windham Court. The name comes from the mailing address: homes here carry a Princeton, NJ 08540 address even though the community sits in Montgomery Township, which means Montgomery Township Public Schools, Montgomery municipal services, and Montgomery and Somerset County property taxes rather than Princeton's. The floor plans are among the larger townhome layouts in the township, running close to 2,100 square feet at the top end, and that combination of size and Montgomery schools is the main reason buyers shortlist it. Recent BrightMLS closings have run from the low $600,000s to the mid-$700,000s, with most landing between the mid-$600,000s and the low $700,000s.

The homes

The community is entirely townhomes, and the product is unusually consistent. Every closed sale on record has been a three bedroom home with two to two and a half baths, and square footage clusters tightly between 1,935 and 2,093 square feet. At close to 2,000 square feet these are among the larger townhome floor plans in Montgomery Township, and they compare with smaller detached houses in the area on livable space, which is what draws families who need room to grow but would rather not take on a yard and a full exterior to maintain. Buyers coming from a two bedroom condo or a starter townhome elsewhere in the area tend to notice the difference immediately.

Because construction ran from 1988 through 1997, build year is one variable between units, though not the decisive one. The 1989 homes on Castleton Road have closed between $644,000 and $680,000 and the 1996 homes between $625,000 and $706,000, so the two vintages overlap and age alone has not sorted this market. Condition is the bigger differentiator: on a community this age, how much each owner has put into kitchens, baths, and mechanical systems over the years varies a great deal, and that is where two otherwise identical floor plans separate. Both end and interior units exist here, which is worth confirming when you tour. Recent BrightMLS records on closed sales show monthly homeowner association dues in the range of roughly $295 to $350, and current dues and what they cover are worth confirming in writing for any specific home.

Streets and setting

The whole community fits on two streets, Castleton Road and Windham Court. That compact footprint is a large part of why it reads as established and self-contained rather than as a subdivision you drive through on the way somewhere else. Landscaping has had close to three decades to fill in, and the buildings have a settled look that newer townhome projects have not reached yet. Route 206 is about three minutes away at Cherry Valley Road, so everyday errands and the drive south toward Princeton or north through Montgomery are both easy, while the streets themselves carry only community traffic.

The two streets do not price the same, and on a community this compact that is worth knowing. Across the closed sales on record, Windham Court has traded between roughly $340 and $375 per square foot while Castleton Road has traded between roughly $315 and $357, and only one Castleton sale has reached into Windham's range. On this sample, which of the two streets a home sits on has been a better predictor of price per square foot than the year it was built. It is a small sample, so treat it as a pattern rather than a rule, but it is the sort of thing that only surfaces in a community small enough to look at unit by unit.

The other tradeoff of a two street community is scale. There are not many units, so buying here usually means waiting for the right one rather than choosing among several at once, and it is worth walking the specific block to see how a unit sits relative to parking, the treeline, and its neighbors. Day to day exterior upkeep is lighter than it would be on a detached property, which is a meaningful part of the appeal for buyers who want the schools without the yard work.

Schools and commute

Every home is zoned for Montgomery Township Public Schools, and that district is the primary reason most buyers shortlist this community. Montgomery High School is about a twelve minute drive. The Princeton address is more than a postal quirk in daily life: downtown Princeton and Palmer Square are roughly eleven minutes out and Princeton University about ten, so the shopping and dining buyers associate with Princeton are genuinely close even though the schools and the tax bill are Montgomery's.

For commuters, Princeton Junction station on the NJ Transit Northeast Corridor line is about a seventeen minute drive, with service north to New York and south toward Trenton and Philadelphia. Route 206 handles the local north and south driving, and the Route 1 corridor is reachable through Princeton for the office parks and retail along it.

Market position

The most instructive data point here is a single unit trading twice. 164 Windham Court closed at $746,000 in September 2024 and resold at $775,000 in June 2026, a gain of about $29,000, or roughly four percent, on the same home in under two years. That is one unit on the stronger of the two streets, though, and the rest of the record is more mixed. The two lowest per square foot closings in the data are both 2026 sales on Castleton Road, and the lowest price in the recent data is also the most recent closing. Read together, the spread is wide enough that a single community average tells you less than the street, the size, and the condition of a specific home do.

Measured against detached houses in Montgomery Township, Princeton Village is one of the more affordable ways to buy into the district, and it comes with a smaller maintenance load. The catch for buyers and sellers alike is thin comparable data. Roughly ten sales have closed here across about three years, spread over two streets, so pricing a unit means working from a handful of true comps and adjusting for which street a home sits on, its build year, its square footage, and its condition. Getting that adjustment right is where working with an agent who follows this community closely pays off.

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Common Questions

Princeton Village
FAQ

Is Princeton Village in Princeton or Montgomery Township?

It is in Montgomery Township, Somerset County. Homes carry a Princeton, NJ 08540 mailing address, which is where the community name comes from, but the schools, municipal services, and property taxes are Montgomery Township's, not Princeton's.

What is the price range in Princeton Village?

Recent BrightMLS closings have run from the low $600,000s to the mid-$700,000s, with most landing between the mid-$600,000s and the low $700,000s. The live median on this page updates daily from BrightMLS.

What type of homes are in Princeton Village?

Townhomes only, built between 1988 and 1997. Every closed sale on record has been a three bedroom home with two to two and a half baths and between 1,935 and 2,093 square feet, so the product here is unusually consistent.

What streets are in Princeton Village?

Just two, Castleton Road and Windham Court. The community is compact and self-contained, which is part of why it feels established.

Is there a homeowner association fee in Princeton Village?

Yes. Recent BrightMLS records on closed sales show monthly association dues of roughly $295 to $350. Current dues and what they cover are worth confirming in writing for the specific unit.

What school district serves Princeton Village?

Montgomery Township Public Schools. Montgomery High School is about a twelve minute drive from the community.

How is the commute from Princeton Village?

Route 206 is about three minutes away at Cherry Valley Road, downtown Princeton is roughly eleven minutes, and Princeton Junction station on the NJ Transit Northeast Corridor line is about a seventeen minute drive for trains to New York, Trenton, and Philadelphia.

How active is the Princeton Village market?

Turnover is light. About ten sales have closed across roughly three years, spread over the community's two streets, so accurate pricing depends on a small set of true comparables and on adjusting for which of the two streets a home sits on, plus build year, square footage, and condition.

Charlie Wu

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