Princeton is a beautiful city famous for its ivy league university, Princeton University. Here are some of the pros and cons of buying a property in Princeton, New Jersey:

Pros:

1. Good Investment: The real estate market in Princeton has been stable for many years, and it is a good long-term investment in terms of appreciation and rental income.

2. Good Schools: Princeton has excellent public and private schools, making it a great place to raise a family.

3. Beautiful Scenery: Princeton is known for its beautiful parks, preserved open spaces, and well-maintained tree-lined streets.

4. Good Location: Princeton is well located near major highways, airports, and train stations, making it easy to travel to other parts of New Jersey or New York.

5. Cultural Activities: Princeton is home to many cultural events and activities, has a lively arts scene, and many musems.

Cons:

1. High Cost of Living: Princeton is known to be expensive, with high property taxes and living costs that can be beyond what many can afford.

2. Traffic Congestion: The town's central location also makes it quite busy, which leads to congestion and traffic problems.

3. Competitive Housing Market: Housing inventory in Princeton is limited, and the real estate market is highly competitive, making it difficult to find a property to buy (at a price that is affordable).

Overall, Princeton is a great place to live in New Jersey, with a great investment potential due to its stable housing market, good schools, beautiful scenery, and active cultural scene. However, the high living cost and high property prices may not make it an ideal destination for everyone.