Updated 16 Minutes Ago
Location
398 Franklin Ave, Princeton, NJ 08540, USA
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Amenities for 398 Franklin Ave
Features
| Central Air |
Community
| Basement | Exterior Type: Frame |
Grounds
| Garage Parking | Outdoor Space |
| Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 398 Franklin Ave
Property Status: Active Beautifully Remodeled 3-Bedrooms Single House in a Prime Princeton Location! This 3-bedroom, 2-bathroom with 1 detached car garage home, featuring modern updates, stylish finishes, and a fantastic location. The inviting open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space for everyday living and entertaining. The updated kitchen boasts elegant Cafe appliances, while the renovated bathrooms offer a fresh, contemporary feel. Additional living and storage space can be found in the finished basement, complete with a full bathroom and a separate storage room. New attic flooring provides even more convenient storage options. Major improvements include a new HVAC system, new roof, and new windows throughout (2022), offering comfort and peace of mind. Outside, enjoy new siding, a patio area next to the one-car garage, and a nicely sized backyard perfect for relaxing or outdoor gatherings. The location is truly exceptional! Enjoy walking distance to Littlebrook Elementary School, Princeton Middle School, and Princeton High School. Tee-Ar Park is just around the corner, while Grover Park and Smoyer Park offer additional opportunities for recreation and outdoor enjoyment. Walk to McCaffrey's for everyday essentials or explore the Princeton Shopping Center for a variety of shopping and dining options. Princeton University, the local library, and the charming shops and restaurants of Palmer Square are all in walking distance! Office Phone: (609) 647-6833 Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 398 Franklin Ave compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.4 miles away
- Middle school nearby
- There is a middle school 0.5 miles away
- High school nearby
- There is a high school 0.6 miles away
- Extra storage
- In-unit features
- Images Available
- There are at least 10 photos of this property
Considerations
- Distance from grocery stores
- The nearest grocery store is 3.7 miles away
- Priced higher than average
- 3-bedrooms are $750 more than the median rent in this area
Address details
| Zip code | 08540 |
|---|---|
| Type | House for rent |
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Rent trends in Princeton
3-bedroom apartments at 398 Franklin Ave cost about 13% more than the average rent price for 3-bedroom apartments in Princeton.
Median rents as of Oct 24 2026.
Princeton
| Month | Median Rent |
|---|---|
| November 2024 | $4,279 |
| December 2024 | $4,363 |
| January 2025 | $4,429 |
| February 2025 | $4,554 |
| March 2025 | $4,688 |
| April 2025 | $4,500 |
| May 2025 | $4,500 |
| June 2025 | $4,550 |
| July 2025 | $4,558 |
| August 2025 | $4,555 |
| September 2025 | $4,500 |
| October 2025 | $4,500 |
| November 2025 | $4,416 |
| December 2025 | $4,280 |
| January 2026 | $4,146 |
| February 2026 | $4,078 |
| March 2026 | $3,987 |
| April 2026 | $3,975 |
| May 2026 | $4,090 |
| June 2026 | $4,000 |
| July 2026 | $4,000 |
| August 2026 | $3,967 |
| September 2026 | $3,987 |
| October 2026 | $4,083 |
Affordability calculator
Can I afford to live at 398 Franklin Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$186,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $186,000 annually to afford this 3-bedrooms monthly rent price of $4,650.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| This month | $4,650 |
Schools near 398 Franklin Ave
Johnson Park Elementary School
285 rosedale rd
princeton, NJ, 8540
PK, K-5Public
A+
Joseph F. Cappello School
1072 old trenton rd
hamilton, NJ, 8690
PK, K-3Public
The Cranbury School
23 n main st
cranbury, NJ, 8512
PK, K-8Public
A
Claremont Elementary School
175 claremont rd
franklin park, NJ, 8823
PK, K-5Public
B-
Mercer Elementary School
1020 old trenton rd
hamilton, NJ, 8690
2-8Public
Neighborhood
Getting around Princeton near 398 Franklin Ave
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 398 Franklin Ave, Princeton
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
6/10
Variety of shops within a short drive
Cafes
6/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
3/10
Some bars within a short drive
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