New Multi-Story Townhome Sold at The Residences at Palmer Square in Downtown Princeton

Palmer Square Townhomes Exterior SMALLSale Marks Latest Milestone in Luxury Community’s Success

PRINCETON, NJ, — With the appeal of living in downtown Princeton as strong as ever, Palmer Square Management and The Marketing Directors today announced the sale of a new three-story townhome at The Residences at Palmer Square.  Located at 85 Chambers Street, the one-of-a-kind home features three bedrooms, 3 ½ baths, an elevator and a host of custom finishes and appointments in a soaring 2,940 square-foot design.

The new sale demonstrates the increased interest and activity at The Residences at Palmer Square which features multi-story townhomes, single-level flats and a limited offering of luxury rental residences.  With a peerless downtown Princeton location amidst the more than 40 brand-name stores, boutiques, restaurants and specialty food shops within Palmer Square and directly across Nassau Street from Princeton University, The Residences at Palmer Square has cemented its place as one of the most desirable residential lifestyle developments in the region.

“Each new sale reflects the broad range appeal of these stunning homes, custom materials, and incomparable location,” said Adrienne Albert, CEO of The Marketing Directors, the community’s exclusive sales and marketing agent.   “With more than 32 unique floor plans to choose from, buyers enjoy a virtual custom-home scenario that is successfully meeting their individual needs and tastes.”

Located on Paul Robeson Place between Chambers and Witherspoon Streets, The Residences at Palmer Square completes the vision begun by developer Edgar Palmer in 1937 to create a vibrant, European-style town square for Princeton that would include shops, restaurants and residences as a complement to Princeton University.  Taking over where architect Thomas Stapleton’s original Colonial Revival style left off, Minno & Wasko Architects and Planners of Lambertville, NJ, has created a number of distinctive elevations which expertly complement the brick, Federal-style exteriors and Colonial-era structures of the immediate Palmer Square environment.

The community features two- and three-bedroom, single-level flats ranging from 1,623 to 3,195 square feet of living space, priced from $1,590,000.  Multi-level, two- and three-bedroom townhomes range from 2,516 to 4,476 square feet and are priced from $1,640,000 to $2,950,000.

A limited collection of rental residences is also available, with two- and three-bedroom floor plans ranging from 1,417 to 3,195 square feet of living space.  The rental residences are available with monthly rents starting at $4,543.

Steel and concrete construction offers the highest level of quality and privacy, while terraces in many homes and lushly-landscaped promenades, courtyards and common areas offer desirable outdoor space.  Homeowners also enjoy indoor parking.

Custom interior features and appointments include private elevators and 10-foot first-floor ceiling heights in townhomes, nine-foot ceilings in condominiums, and tray ceilings in living and dining areas and master bedrooms.  Extensive millwork, including striking fireplaces with marble hearths, pocket doors and elegant crown moldings, add style and elegance to the homes.  Gourmet kitchens are notable for maple cabinets, granite countertops and Viking stainless steel appliance packages, while spa-like Master baths feature whirlpool tubs, double sinks, glass showers, and marble countertops.

Ideally situated across from the main entrance of Princeton University, Palmer Square allows residents to enjoy Princeton’s cherished suburban ambiance, award-winning public and private schools, renowned university attributes, and world-class entertainment and cultural offerings.  NJ TRANSIT access to New York and Philadelphia (and beyond) is only a short walk from The Residences at Palmer Square, and businesses and shopping venues of the nearby Route 1 corridor are also within easy reach.

For upscale dining and shopping, Palmer Square features more than 40 brand-name stores, boutiques, restaurants and specialty food shops, as well as the historic Nassau Inn — all ideally situated in a pedestrian-friendly setting.

For additional information on The Residences at Palmer Square and to make a private appointment to view fully-furnished townhome and single-level model homes, please call 609-924-3884, or visit http://www.palmersquareresidences.com. The sales center hours are 10-6pm Monday through Friday, and 11am-5pm on Saturday and Sunday.  The sales center is located at 112 Victoria Mews in Princeton.

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