First-time buyer programs
MassHousing sets its own income and price limits for Worcester County. We check them with you before you shop.
MassHousing home loansPrinceton is a hill town in north Worcester County, incorporated in 1759 and centered on the town common at the intersection of Routes 62 and 31. Mount Wachusett straddles Princeton's border with Westminster, giving the town its ski area, state reservation land and elevation.
Princeton uses a single ZIP code, 01541, for the whole town.
| Area | Zip code | Where it is |
|---|---|---|
| Princeton center | 01541 | Around Bagg Hall (Town Hall) at the town common, at the intersection of Routes 62, 31 and Mountain Road. |
| East Princeton | 01541 | A historic village area in the eastern part of town. |
Start with Wachusett Mountain Ski Area and Wachusett Mountain State Reservation, then 2 more below.
A four-season mountain resort on Mount Wachusett with downhill skiing and snowboarding in winter and a scenic chairlift and trails in warmer months.
499 Mountain Rd, Princeton, MA
A state reservation covering Mount Wachusett's summit and slopes, with hiking trails, a summit road and views across central Massachusetts.
345 Mountain Rd, Princeton, MA
A Mass Audubon sanctuary with meadow and woodland trails bordering the state reservation.
113 Goodnow Rd, Princeton, MA
A boulder marking the site where colonist Mary Rowlandson was ransomed in 1676 during King Philip's War, now a small roadside historic property.
Route 140, Princeton, MA
Princeton was first settled in 1743 and incorporated as a town in 1759, taking its name from the Reverend Thomas Prince.
The town later annexed land from Hubbardston in 1810 and from Westminster in 1870.
Redemption Rock on Route 140 marks the 1676 ransom of colonist Mary Rowlandson during King Philip's War.
Mount Wachusett dominates Princeton's outdoor recreation, from downhill skiing in winter to hiking and wildlife-sanctuary trails the rest of the year.
Princeton's town center around the common has limited sidewalks connecting Town Hall, the library and a few businesses, and most of the town, spread across a large rural area, is built for driving.
Approximate, without traffic.
Princeton has no fixed-route public bus service or train station confirmed by official sources.
Princeton's FY2026 residential tax rate is $13.44 per $1,000 of assessed value. Massachusetts assesses homes at full value, so each $100,000 of assessed value costs about $1,344 a year. The average single-family tax bill was $8,050, on an average assessed value of $598,967.
$13.44per $1,000, residential
Source: Massachusetts Division of Local Services, Tax Rates by Class and Average Single Family Tax Bill.
| Fiscal year | Residential rate |
|---|---|
| FY2022 | $15.68 |
| FY2023 | $15.14 |
| FY2024 | $14.03 |
| FY2025 | $14.53 |
| FY2026 | $13.44 |
What we check on a Princeton purchase: MassHousing limits, the flood map, the smoke certificate, wells & septic, municipal electric, no town trash service.
MassHousing sets its own income and price limits for Worcester County. We check them with you before you shop.
MassHousing home loansFlood zones are set address by address. We check FEMA's map before you offer.
FEMA's flood map for PrincetonMassachusetts requires the seller to get a smoke and carbon monoxide certificate from the Princeton Fire and EMS before the sale closes. Call 978-464-2100 to schedule.
Princeton Fire and EMS pagePrinceton has no town water or sewer system for most of its area; homes typically use private wells and septic systems. Massachusetts requires a Title 5 septic inspection before most home sales.
Electric service in Princeton comes from the town-owned Princeton Municipal Light Department rather than a private utility such as Eversource or National Grid, which can affect rate plans and outage reporting.
Princeton does not run a town trash program. Residents contract individually with a licensed private hauler for curbside pickup. Buyers should budget for this as a private monthly cost.
All loans are subject to credit approval, underwriting, and property and program requirements. MassHousing limits and eligibility are set by MassHousing and change from time to time.
We're licensed in Massachusetts. Send us a Princeton address and we'll run the numbers, taxes included.
Who to call in Princeton: Princeton Municipal Light Department (PMLD) for power.
Princeton Town Hall is at 6 Town Hall Drive, Princeton, MA 01541. Hours: Monday-Thursday, 8:00 AM-4:00 PM. Main line: 978-464-2100.
Princeton's FY2026 residential tax rate is $13.44 per $1,000 of assessed value. Massachusetts fiscal years run July 1 to June 30.
Massachusetts taxes homes on their full assessed value. If a home is assessed at $400,000, that's about $5,376 a year at $13.44 per $1,000. The bill uses the assessor's value, not the sale price.
No. Princeton uses a single rate of $13.44 per $1,000 for all property classes.
The average single-family tax bill in Princeton was $8,050 for FY2026, on an average assessed value of $598,967.
Princeton is in Worcester County.
Princeton uses a single ZIP code, 01541, for the whole town.
There is no town trash service. Residents contract with a licensed private hauler, such as Allied Waste, E.L. Harvey & Sons, or Waste Management, for curbside pickup.
The Princeton Municipal Light Department, a town-owned utility, supplies electricity to Princeton.
Princeton is about 15 miles from Worcester, roughly a 25-30 minute drive.
Princeton Town Hall, at 6 Town Hall Drive, is open Monday through Thursday, 8:00 AM to 4:00 PM.
Neighbors of Princeton, including across the Connecticut line where it applies. All Massachusetts town guides.