Benchley Home Sells for $2.5 Million

The former home of acclaimed best-selling author Peter Benchley recently sold for $2.55 million, according to real estate records.

The house on Boudinot Street in the western section of Princeton Borough includes a film screening room, a commercial kitchen, and an addition by architect Jerry Ford. The property taxes on the 1.1 acre property were $43,373  in 2011, according to property tax records. The home was assessed at $2.1 million in 2011.

Benchley, who wrote Jaws, died in 2006. He was married to former Borough Councilwoman Wendy Benchley, who put the Boudinot Street house on the market this spring.

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2 comments
  • The home sold for 82% of assessed value. If you look at sales in lower-priced neighborhoods since reassessment, you will see that, on average, they are selling at an even lower percentage of assessed value (meaning that all assessments remain at a discount to real market value). Learn to pay your fair share Anthony.

  • Princeton’s property “Reassessment’ conducted in 2009 decreased the assessments of expensive properties like this one and hugely increased the property values of lower-priced houses. “Just the market forces” we were told. Arguments that it was incorrect and unjust were dismissed. Data showing its inequities were ignored.
    This house sold for $455,000 more than its re-assessed value. Princeton needs a re-reassessment to correct the appalling injustice committed in 2009.

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