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One-time.
One-time. Refundable.
Property Status: Active Discover effortless living in this charming, recently renovated 2-bedroom, 1-bath townhouse at 152 Mercer Street in the desirable Institute Area of Princeton. Fully updated in 2021, this sunny home offers classic Princeton character with modern comfort, including a basement with washer/dryer and generous additional storage, Nestled in a quiet, historic neighborhood just steps from beautiful Marquand Park and the Arboretum, 152 Mercer is perfect for those who value walkability and proximity to intellectual and cultural hubs. Princeton University's campus is moments awayideal for researchers, postdocs, or faculty who want to stroll to labs, libraries, or lectures. Head the other direction and you're walking into the heart of downtown Princeton for vibrant shops, the public library, theater, and an array of excellent restaurants and cafes that define this special town. The Princeton Dinky station is an easy walk, giving you seamless access to Princeton Junction and the Northeast Corridor for quick trips to New York, Philadelphia, or beyond. Need everyday shopping? Route 1's retail corridor and major stores are also conveniently a short ride away. Unbeatable convenience in a premium location with a verdant backyard and designated parking. Experience classic Princeton style with modern updates in one of the most walkable and connected spots in town. Perfect for the young professional or researcher seeking both serenity and centrality. Available in Jube. Office Phone: (609) 924-1600 Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 152 Mercer St compares to other nearby properties.
Positives
Considerations
| Zip code | 08540 |
|---|---|
| Type | House for rent |
2-bedroom apartments at 152 Mercer St cost about 5% more than the average rent price for 2-bedroom apartments in Princeton.
| Month | Median Rent |
|---|---|
| May 2024 | $3,329 |
| June 2024 | $3,143 |
| July 2024 | $3,143 |
| August 2024 | $3,266 |
| September 2024 | $3,325 |
| October 2024 | $3,176 |
| November 2024 | $3,244 |
| December 2024 | $3,358 |
| January 2025 | $3,541 |
| February 2025 | $3,577 |
| March 2025 | $3,608 |
| April 2025 | $3,546 |
| May 2025 | $3,611 |
| June 2025 | $3,578 |
| July 2025 | $3,540 |
| August 2025 | $3,455 |
| September 2025 | $3,389 |
| October 2025 | $3,377 |
| November 2025 | $3,369 |
| December 2025 | $3,412 |
| January 2026 | $3,407 |
| February 2026 | $3,437 |
| March 2026 | $3,484 |
| April 2026 | $3,505 |
Can I afford to live at 152 Mercer St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$148,000/yr
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