Griggs Farm
Princeton's most accessible entry point. A Federal Housing Tax Credit development completed in 1989 with roughly 280 units: 140 market-rate, 70 affordable, and 70 rental. Located near Route 206 and Cherry Valley Road. Amenities include a clubhouse, tennis courts, and playground. HOA approximately $265/mo.
Griggs Farm
by the numbers
Live data from BrightMLS, updated daily. All figures reflect townhome and condo transactions in the Griggs Farm subdivision.
Why buyers choose
Griggs Farm
Griggs Farm exists in a unique position in the Princeton market: it's the most affordable way to access Princeton Public Schools. Originally purchased in 1985 and completed in 1989 as a Federal Housing Tax Credit development, the community comprises roughly 280 units: 140 market-rate, 70 affordable, and 70 rental. Market-rate townhomes and condos trade around $558K, making the district accessible to buyers who would otherwise be priced out entirely.
The community is located near Route 206 and Cherry Valley Road. Amenities include a clubhouse, tennis courts, and a playground. HOA fees average around $265 per month, covering exterior maintenance and common areas. The housing stock is well-established and generally well-maintained, though individual unit condition varies.
For investors, Griggs Farm is one of the more liquid segments of the Princeton market. The combination of Princeton schools and a sub-$600K price point creates steady rental and resale demand. Turnover is higher here than in Princeton's single-family neighborhoods, which means more frequent buying opportunities.
The trade-off is straightforward: you get Princeton schools and a Princeton address, but not the large lot, detached home, or walkable-to-downtown location that defines the most expensive Princeton neighborhoods. For many buyers, that's a trade-off worth making.
Current inventory
Active, coming soon, and under contract listings in this neighborhood right now.
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Active rentals
Current rental listings in this neighborhood. Contact us for details or to schedule a viewing.
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Recent transactions
in Griggs Farm
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Griggs Farm
FAQ
What is the price range in Griggs Farm?
Most units sell between $400K and $700K, with a median around $558K. Pricing depends on unit size, number of bedrooms, and condition. Updated units with modern kitchens and bathrooms command premiums over original-condition homes.
Are there HOA fees?
Yes. Griggs Farm has a homeowners association that covers exterior maintenance, landscaping, and common areas. HOA fees vary by unit type. Factor these into your monthly budget alongside mortgage and taxes when comparing to single-family home costs.
Is Griggs Farm a good investment property?
Griggs Farm is one of the most popular investment targets in Princeton. The combination of Princeton schools and a sub-$600K price point creates consistent rental demand from families, university affiliates, and professionals. Turnover is relatively frequent, providing regular buying opportunities.
Which schools serve Griggs Farm?
Griggs Farm is within the Princeton Public Schools district. Students attend the same elementary, middle, and high schools as the rest of Princeton. This school access is the primary value driver for the community.
How far is Griggs Farm from downtown Princeton?
Griggs Farm is on the north side of Princeton, near Route 206. It's about a 5-minute drive to Nassau Street. The location is not walkable to downtown for most errands, but the proximity to Route 206 makes commuting convenient.
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