1315 Canal Road

Franklin Twp., NJ
$ 4,999,999 Beds 5 Baths 6
Monthly Estimate* How much can I afford?

Welcome to The Princeton Preserve, a secluded sanctuary set on nearly 49 acres of pristine grounds. A mile-long private drive winds through untouched landscape before revealing a timeless estate designed for elevated living. Inside, gracious proportions and sunlit spaces unfold across all levels: bedrooms thoughtfully placed for privacy, a grand double-height foyer, a richly paneled office and a soaring two-story breakfast room that stuns with scale and natural light. The gourmet kitchen, complete with butler's pantry, opens to a series of elegant entertaining spaces, perfect for intimate gatherings or large celebrations. Designed with lifestyle in mind, the home flows effortlessly to the outdoors, where resort-level amenities await: an infinity-edge pool and spa, sports court, summer kitchen, expansive stone terraces and a private pond that reflects the changing seasons. The setting is tranquil, the views unending and the sense of escape complete. The lower level is a blank canvas ready to fulfill your vision, whether a wellness retreat, home theater, sports court or recording studio. A separate lower level with garage door offers the ideal setup for car collectors or hobbyists. With acreage suited perfectly for equestrian development, the possibilities are endless. At The Princeton Preserve, privacy, natural beauty and architectural scale converge to create a legacy estate without compromise.

Active

  • Price
  • $ 4,999,999
  • City
  • Franklin Twp.
  • Bedrooms
  • 5
  • Full Bathrooms
  • 5
  • County
  • SOMERSET
  • Half Bathrooms
  • 2
  • Area
  • Franklin Twp.
  • Lot Size
  • 48.76 Acres
  • Zip
  • 08540
  • Year Built
  • 2010
  • Taxes
  • $ 73855
  • Style
  • Colonial
  • MLS#
  • 4030911
Listed By: SERHANT NEW JERSEY LLC
Data Source: Garden State MLS (GSMLS)

Features

General

Sewer Septic
Heating Forced Hot Air,Multi-Zone
Cooling Central Air,Multi-Zone Cooling
Utilities Electric,Gas-Natural
Possession TBD
Roof Asphalt Shingle,Metal
Appliances Carbon Monoxide Detector,Dishwasher,Dryer,Kitchen Exhaust Fan,Range/Oven-Gas,Refrigerator,Self Cleaning Oven,Washer,Wine Refrigerator
Water Heater Gas
Garage Spaces 3
Architectural Style Colonial
Pool Features Heated,In-Ground Pool,Outdoor Pool
Exclusions See Listing Agent
Year Built 2010
Garage Attached,Finished,DoorOpnr,InEntrnc,Oversize
Township Franklin Twp.
Easement Unknown
Tax Year 2025
Services Cable TV Available,Fiber Optic Available
Ownership Fee Simple
County Somerset
Subdivision Name CANAL ROAD
Total Rooms 17
Full Baths 5
Status Active
Directions From Route 27: Turn onto Raymond Road,continue onto Canal Road. From Route 206: Turn onto Georgetown Franklin Turnpike,turn left onto Canal Road.
Tax Annual Amount 73855
Drive Circular,Paver Block
Standard Status Active
Tax Assessed Value 4276500
Town # 2708
Tax Lot 9.04
Primary Style Colonial
Sub Property Type Single Family
Community Living No

Interior Features

Interior Amenities Bar-Wet,Beam Ceilings,Carbon Monoxide Detector,Cathedral Ceiling,Fire Alarm Sys,High Ceilings,Shades,Smoke Detector,Walk-In Closet
Basement Full,Unfinished
Flooring Carpeting,Tile,Wood
Total Fireplaces 5
Fireplace Features Bedroom 1,Gas Fireplace,Library,Living Room
Master Bath Features Soaking Tub,Stall Shower
Other Room 1 Level Second
Kitchen Level First
Living Room Level First
Dining Room Level First
Den Level Second
Other Room 2 Level First
Other Room 3 Level First
Family Room Level First
Fuel Type Gas-Natural
Half Baths 2
Total Bedrooms 5
Kitchen Dimensions 20x17
RoomOther3Dimensions 20x16
RoomOther3Description Office
RoomOther2Dimensions 16x14
RoomOther2Description Exercise Room
RoomOther1Dimensions 20x20
RoomOther1Description Bedroom/Office
RoomLivingDimensions 21x19
Kitchen Features Breakfast Bar,Center Island,Pantry,Separate Dining Area
RoomFamilyDimensions 26x12
RoomDiningFeatures Formal Dining Room
RoomDiningDimensions 21x19
Den Dimensions 18x13
RoomBed4Level Second
RoomBed4Dimensions 22x20
RoomBed3Level Second
RoomBed3Dimensions 24x24
RoomBed2Level Second
RoomBed2Dimensions 18x16
RoomBed1Level First
RoomBed1Features Fireplace,Full Bath,Walk-In Closet
RoomBed1Dimensions 30x26
Level 3 Rooms Attic
Level 2 Rooms 4+Bedrms,BathMain,BathOthr,Laundry,Leisure
Level 1 Rooms BathOthr,DiningRm,Exercise,FamilyRm,Foyer,GarEnter,Kitchen,Laundry,Leisure,MudRoom,Office,Pantry,PowderRm

Exterior Features

Exterior Amenities Barbeque,Dock,OutDrKit,Patio,ThrmlW&D,Sprinklr
Pool Yes
Lot Features Pond On Lot
Water Source Well
Exterior Description Stone,Stucco
Lot Dimensions 48.756 ACRES
Lot Size Acres 48.76

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Elizabeth, NJ office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/29/2026 Listed $5,745,000
8/18/2026 7% - $5,350,000
8/20/2026 7% - $4,999,999

Property vs Zip Code Average in 08540

Price
AVG $2.08M
$5M
Taxes
AVG $32,654
$73,855
Year Built
AVG 1962
2010
Visits
AVG 302
67
Data Provided by Inside Real Estate®

Areas That We Cover

1315 Canal Road Franklin Twp., NJ is a Single Family Home for sale at $4999999 and a lot size of 48.76 Acres Acre(s). 1315 Canal Road Franklin Twp. has 5 bedrooms, 5 baths and was built in 2010. The property's zip code is 08540 which is in Franklin Twp., NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.