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Category Archives: Affordability
Princeton, NJ Apartment Rents Increasing Less Than Home Prices in 2024
New Jersey house prices are continuing a years-long boom that has made buying a home unaffordable for many. Home prices in Mercer County went up 14.6% in just one year between July 2023 and July 2024. How is that affecting … Continue reading
Posted in Affordability, Princeton, Real estate
Tagged Affordable housing, Princeton
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Neighborhood Objectors’ Court Case Against Mayor and Council of Princeton is “Dismissed With Prejudice”
A group of objectors who launched a court case to try to prevent a proposed redevelopment in Princeton have been dealt a setback by Mercer County Judge Robert Lougy. The objectors named the Mayor and Council of Princeton as targets … Continue reading
Posted in Affordability, architecture, Placemaking, planning, Princeton
Tagged Affordable housing, planning, Princeton, smart growth
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Inside the New “Floyd House” at Princeton Community Village
The last few years have seen several new apartment buildings rising in Princeton, but one that a lot of people may not have noticed is the new ‘Floyd House’ at Princeton Community Village. Located in the existing Sassafras Row neighborhood … Continue reading
Posted in Affordability, Placemaking, planning, Princeton, Transit
Tagged Affordable housing, Princeton, smart growth, Transit
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Town of Princeton has 15 Months to Identify New Affordable Housing Sites, After Murphy Signs Landmark “Fair Share” Legislation
The town of Princeton faces a tight deadline to identify potential sites for hundreds of new affordable housing units, after the New Jersey State government approved legislation to streamline the state’s “Fair Share” housing rules. Signing the bill today, New … Continue reading
Posted in Affordability
Tagged Affordable housing, planning, Princeton, smart growth, Transit
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Units Going Fast At New, 100%-Affordable Princeton Senior Living Complex
A new 55+ community, “Princeton Senior Living”, is now open at 500 Thanet Circle in Princeton (map). At an opening reception on Wednesday, February 21, local elected officials, representatives of area non-profits, and members of the local community had a … Continue reading
Posted in Affordability, architecture, Placemaking, planning, Princeton, Smart Growth, Sustainability
Tagged Affordable housing, planning, Princeton, smart growth, Walkability
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Renting In Princeton: How Much Does It Cost To Rent An Apartment in Princeton in 2023?
Our semi-regular review of the apartment scene in Princeton is back! Read this review if you want to know how much you should expect to pay for an apartments in Princeton in September of 2023. We last looked at Princeton … Continue reading
Charlottesville, VA is Making Big Changes To Promote Housing Affordability. Can Princeton Learn Anything?
Home to a prestigious university and a growing, diverse population, Charlottesville VA (population: 46,553) has many things in common with Princeton. But although there is much to appreciate in its walkable downtown, Charlottesville has also struggled in recent years with … Continue reading
Posted in Affordability, how-to-add-density, Placemaking, planning, Princeton
Tagged Affordable housing, planning, Princeton, smart growth, Walkability
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NJ Speaker’s Property Tax Plan is Generational Warfare
A battle has broken about among New Jersey’s governing Democrats about how to set the state budget. On one side, the NJ Assembly speaker, Craig Coughlin, has proposed a new plan called “Stay NJ”, which would have the state pay … Continue reading
Princeton Mayor Sparks Controversy With Remarks On Affordable Housing
Princeton Mayor Mark Freda sparked consternation last week, after reports emerged regarding comments he made at a panel sponsored by the Mercer County Chapter of the Women’s Council of Realtors. As reported by Barbara Peston for ‘The Montgomery News’ (Link: … Continue reading
Posted in Affordability, planning, Princeton
Tagged Affordable housing, planning, Princeton
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Princeton Zoning Board Approves 10-Unit ‘Lincoln Court’ Apartment Development
The Chairman voted “No”, but other members of the Princeton Zoning Board of Adjustment saw enough to like about a revised ‘Lincoln Court’ apartment plan to approve the project. The vote came at the ZBA’s regular meeting on January 25. … Continue reading
Posted in Affordability, architecture, Density, Princeton, Smart Growth, Zoning
Tagged Princeton
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