New Jersey’s housing market just got a presidential upgrade.
The Princeton home of a former U.S. president just sold for $2 million above market value this month, and another POTUS residence in the same leafy suburb has hit the market — and is commanding an executive pricetag.
The seven bedroom, 5½-bathroom, Tudor Revival-style home where Woodrow Wilson lived until he was elected president in 1912 first went on the market in May for an eye-popping $6.5 million.
The three-story house at 82 Library Pl. was built in 1896 on three-quarters of an acre and boasts stained-glass pocket doors, a greenhouse, a dumbwaiter, and “two patios serenaded by a fountain and a cascading koi pond,” reads the listing.
The bathroom floors are heated.
There’s also balcony as well as “window seats and period mantels,” according to its listing by Sotheby’s, which has the exclusive.
“Presidential homes should have a premium attached, both to buyer interest and sale prices,” said Sotheby’s realtor Barbara Blackwell.
First Lady Ellen Axson Wilson helped design the home, one of several Wilson owned in places such as South Carolina, Georgia and Washington D.C.
“This is the one house that he and his wife really made their own,” said University of Wisconsin history professor John Milton Cooper Jr., author of 2011’s Pulitzer finalist “Woodrow Wilson: A Biography.” “She was not a trained architect, but she was an artist.”
Wilson served two terms from 1913 to 1921.
He sold the house in 1921 to John G. Hibben, his successor as president of Princeton.
“The house, as it is now, has been really expanded and renovated a lot,” Cooper said. “It is a lovely house, but it is now twice as big and twice as long.”
Still, he was stunned by the asking price.
“I knew Princeton real estate was expensive, but not that expensive,” Cooper said.
Cleveland’s onetime Princeton abode sold for $5.28 million on Aug. 8 after being listed for more than a year.
The home initially listed for $5.95 million.
The six-bedroom, seven-bathroom Georgian mansion — originally built in 1854 for Sen. Robert Stockton — was Cleveland’s retirement home from 1897, when his second, non-consecutive presidential term ended, until 1908, when he died at 71.
Cleveland named the home “Westland” in honor of his close friend, Andrew West, a professor at Princeton University.
Today, the home is a designated National Historic Landmark and on the National Register of Historic Places.
While Cleveland lived in the home, Wilson, a Princeton graduate, was serving as the university’s president.
He was elected New Jersey’s 34th governor in 1911 — a position he held until his inauguration.
The gardens at Wilson’s former home will be part of an upcoming Princeton Garden Tour on Sept.13.
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