New Homes for Sale in Princeton, NJ — Toll Brothers Magnolia Square
New construction inside Princeton proper is rare — land is scarce, so when a new community opens it tends to sell quickly. As of 2026, the active new-construction community within Princeton is Magnolia Square at Princeton by Toll Brothers, a limited collection of just 24 luxury townhomes attending the Princeton Public Schools.
Magnolia Square at Princeton offers three townhome floor plans priced from about $1.53M to $1.6M, with limited-time incentives available on select quick move-in homes. Its location in Princeton itself — walkable to town and zoned for Princeton Public Schools — is what sets it apart from the many "Princeton"-branded communities that are actually in neighboring townships.
The Wu Team has closed many Toll Brothers sales across the Princeton area, including at Magnolia Square. We know the floor plans, the lot premiums, and how Toll's incentive cycles and quick-move-in pricing work — which matters most in a 24-home community where the best lots go first. One key tip: contact us before you register or tour the sales center, so your representation is on record from day one (at no cost to you). Explore established Princeton neighborhoods or browse all Princeton real estate.
Is there new construction in Princeton, NJ?
Yes, though it is limited. Magnolia Square at Princeton by Toll Brothers is the active new-construction community within Princeton proper — 24 luxury townhomes zoned for Princeton Public Schools.
What is Magnolia Square at Princeton?
Magnolia Square is a Toll Brothers community of 24 luxury townhomes in Princeton, with three floor plans priced from about $1.53M to $1.6M and Princeton Public Schools.
How much do new construction homes in Princeton cost?
At Magnolia Square, new townhomes are priced from about $1.53M to $1.6M, with limited-time incentives on select quick move-in homes.
Which new construction communities are actually in Princeton?
Magnolia Square at Princeton is genuinely in Princeton, with Princeton Public Schools. Many other "Princeton"-branded communities — such as Toll Brothers' Meridian Walk at Princeton — are physically in neighboring townships like West Windsor and attend different school districts. The Wu Team can clarify the exact town and schools for any community.
Why work with The Wu Team for Toll Brothers in Princeton?
The Wu Team has closed many Toll Brothers sales in the Princeton area, so we know the floor plans, lot premiums, and quick-move-in incentive cycles firsthand — which matters in a 24-home community. We represent your interests at no extra cost, but contact us before you register or tour the sales center so your representation is on record.
Before you visit the sales center,
call Charlie.
Builder reps work for the builder. The Wu Team works for you - and our builder relationships can unlock incentives walk-in buyers never see.