Carnassa Park

The single most important fact about Carnassa Park is the no-subdivision covenant. The original deed restrictions, set during the 1940s era when RCA was building out its Princeton research campus and recruiting employees into nearby housing, fixed the lots at their current size and barred future splits. The result, decades later, is a pocket of multi-acre parcels inside the Princeton municipal boundary that cannot get denser. That structural cap on supply is what underwrites the prices on the rebuilt homes.

The housing stock reflects two eras layered on top of each other. The originals are modest mid-century houses from the late 1940s and 1950s, often well under 2,000 sq ft on parcels of three acres or more. Several have been taken down and replaced with significantly larger custom homes built from the late 1990s through the 2010s, with finished sizes well above 5,000 sq ft. Both vintages share the same lot, the same trees, and the same legal envelope.

Buyers shopping Carnassa Park are typically choosing between two very different prospects on the same street: a smaller original home on a large lot that may be priced for renovation or eventual replacement, or a recently rebuilt home that has already absorbed the cost of a new envelope and systems. The price gap between those two profiles is wide, and that is reflected in the recent sales table below.