Princeton is a beautiful and much admired community that is home to a population of 30,000, plus one of America's most notable educational institutions: Princeton University. Scholars and students from all around the world seek out information on real estate and browse the Princeton, NJ MLS.
In addition to being an educational hub, Princeton has also emerged as a major commercial center as well. Several corporate offices and research and development facilities make their homes in Princeton, occupying tens of millions of square feet of private office and facilities, and providing tens of thousands of jobs. Those seeking business opportunities in Princeton are encouraged to contact a Princeton NJ Listing Agent to find office space and other commercial properties.
Contributing to the strong economy of Princeton is the regional transportation system that provides fast, easy commuter service to major cities such as New York, Philadelphia and beyond. The transportation system makes it both easy and enjoyable for residents to commute to outside cities for work.
Princeton NJ Real Estate is accompanied by famous for its award-winning regional theaters, teaching hospitals, fine shopping and dining, and vibrant nightlife.
The average annual household income for Princeton residents is around $96,000. Residents pay just 6 percent sales tax and a very low income tax rate that ranges between 1.4 percent and 6.37 percent. The Princeton, NJ MLS will feature houses with a median home price of $442,675, representing an 18.52 percent home price gain in the past two to five years.
The quality of life in Princeton is simply bar none, with excellent schools, a very low crime rate, 17 movie theaters, over 2,400 restaurants, 169 bars, golf courses, theaters, museums, libraries, and more.
Princeton University
Princeton University is one of eight colleges and universities that belong to the exclusive Ivy League. It is a private coeducational research university that was originally founded in 1746 as the College of New Jersey in the city of Elizabeth. It was relocated to Princeton in 1756, and renamed to Princeton University in 1896. The notable university was only the fourth institution of higher education in the nation to conduct classes.
In looking back to the history of the university, it is interesting to note that Princeton has never had any official religious affiliation, which is quite rare among American universities of its age. There was a point in which it had close ties to the Presbyterian Church, but today is completely nonsectarian and does not make any religious demands on students or faculty.
Princeton University has close ties with the Institute for Advanced Study, Princeton Theological Seminary, and the Westminster Choir College of Rider University. It has traditionally focused on undergraduate education and academic research, and in recent years has increased its focus on graduate education. Today, Princeton University offers a great number of professional Master's degrees and PhD programs for a range of subjects. The Princeton University Library is exceptionally large, housing more than six million books.
Princeton University buildings feature neo-Gothic archways and lanterns, and were designed by distinguished architects such as Benjamin Latrobe, Ralph Adams Cram, McKim, Mead & White, Robert Venturi, and Nick Yeager. The first building constructed was Nassau Hall, which is situated in the north end of Campus on Nassau Street. Following that, Stanhope Hall was constructed, and several other buildings were erected, which remain standing today.
Arts and theater are quite important to the Princeton University community, with its McCarter Theatre that was built by the Princeton Triangle Club. The Triangle Club is a student group that performs annual fall musical performances in the theatre. McCarter is recognized as one of the premier regional theaters in the entire United States.
The Princeton University Art Museum stands to provide students direct, intimate, and sustained access to original works of art that complement and enrich instruction and research at the university. The museum boasts over 60,000 objects that range from ancient to contemporary art, and concentrate largely on the Mediterranean regions, Western Europe, China, Latin America, and the United States. Princeton also boasts the third-largest university chapel in the world, which is the Princeton University Chapel.
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