An exceptional development opportunity awaits at this 5.08-acre parcel of land. Minutes away from countless dining and shopping options within downtown Princeton, NJ and on Route 1, this property presents a prime canvas for residential or commercial expansion. This land offers a serene setting while still retaining quick access to key roadways, including Route 1, Route 206, I-295, and the NJ Turnpike. The property’s most recent sale resulted in its current 5.08-acre lot configuration. The sold off portion was used to build Governor’s Lane, a townhouse and single-family residential development with an approximate density of 20 units per acre. Additionally, the site is adjacent to the recently-built 220-unit ‘Avalon Princeton Circle’ and 125-unit ‘The Alice,’ which is currently under construction.