Simplify the following text for a Grade 7 native English-speaking person.
Original: Founded in 1746 in Elizabeth , New Jersey , as the College of New Jersey , the university moved to Newark in 1747 , then to Princeton in 1756 and was renamed Princeton University in 1896 .
Simplified: Princeton University is a private university that is in Princeton , New Jersey in the United States . Princeton opened in 1746 as `` the College of New Jersey '' .