Apartments are available in The Waxwood, at Quarry Street in Princeton. (Click to expand.)

As part of an occasional series where we cast an eye over the Princeton, NJ rental and real estate market, we invite you to comment on a local listing . Previous entries are here and here.

1- and 2-bed apartments are available at The Waxwood, on Quarry Street in Princeton’s Witherspoon-John neighborhood. The rate is $2,450 for a 1-bed, 1-ba unit. The full listing can be seen here.

The Waxwood is a piece of history, known as ‘The Witherspoon School For Colored Children’, it educated the local African-American students until becoming the first desegrated school in the region in 1947. The building subsequently became a nursing home until it was converted for residential use by the Hillier Architecture group, winning a Smart Growth award from NJ Future.

The interior is outfitted with modern fittings:

Living room in 1-bed apartment in The Waxwood. (click to expand.)

Parking is included in a lot around the back. Here is a photo of the kitchen:

Kitchen in 1-bed apartment in The Waxwood. (click to expand.)

The question is, at $2,450 for a 1-bed apartment– Is That A Good Deal?

Feel free to leave a comment below!