$770,000
SOLD APR 30, 2025

1 Markham Rd Unit 2B Princeton, NJ 08540

2 Beds
2 Baths
1,344 Sq Ft
$665/mo HOA Fee

Recently Sold

$573 Per Sq Ft

7% Below List Price

119 Days on Market

Highlights

  • Open Floorplan
  • Balcony
  • Walk-In Closet
  • Riverside Elementary School Rated A
  • 1 Assigned Subterranean Space
  • 2-minute walk to Harrison Street Park

About This Home

As of April 2025

Location, location, location *PRICE IMPROVEMENT*....Located in a very desirable section just outside of Princeton's central downtown area. This 2 bed, 2 full bath condo with a balcony, corner location and private parking garage is perfect for any buyers looking for this type of living space in Princeton. The unit has high ceilings and an open floor plan. Enjoy the spacious 1344 square feet of living space with a balcony which can be accessed from the living room and main bedroom and looks out into a quiet garden area below. There is also the convenience of an elevator from the garage and the foyer and 1 deeded garage parking space. Additional spaces may be rented from other owners. The secure garage area is accessed by remote control for your convenience. You will love the bright sunshine allowed into this unit with the large windows and sliding glass doors. The living and dining areas provide ample space to dine and entertain your guests. The full-size washer and dryer provide for easy in-unit living. There is also a large storage closet just outside the entrance to the unit. The HOA covers all exterior maintenance issues including elevator and garage maintenance, HVAC maintenance and Water/Sewer charges. Located close to transportation (Bus Stop) and plenty of food options and shopping close by. Pricing reflects the need for TLC. Set you appointment to see this Home today.

Last Agent to Sell the Property

Jason Gareau

Long & Foster Real Estate, Inc. Listed on: 11/13/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ingela Kostenbader

Queenston Realty, LLC License #344850

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,505

Year Built

  • Built in 1985

Lot Details

  • Two or More Common Walls
  • Wood Fence
  • Property is in good condition

HOA Fees

  • $665 Monthly HOA Fees

Parking

  • 1 Assigned Subterranean Space
  • Assigned parking located at #17
  • Garage Door Opener

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,344 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Sliding Windows
  • Sliding Doors
  • Dining Area
  • Wall to Wall Carpet

Kitchen

  • Electric Oven or Range
  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Riverside Elementary School
  • John Witherspoon Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Above Ground Utilities
  • 150 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00011 22
  • Assessor Parcel Number 14-00053 01-00011 22-C07

Community Details

Overview

  • $1,250 Capital Contribution Fee
  • Association fees include sewer, common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, snow removal, trash, water
  • $300 Other One-Time Fees
  • Low-Rise Condominium
  • 1 Markham Condos
  • Property Manager

Amenities

  • Community Storage Space
  • 1 Elevator

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,505

Year Built

Built in 1985

Lot Details

0

HOA Fees

$665 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Inclusions: All Appliances including the Refrigerator & Washer/Dryer
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1985
  • Assigned Parking Space Numbers: 17
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Location, location, location *PRICE IMPROVEMENT*....Located in a very desirable section just outside of Princeton's central downtown area. This 2 bed, 2 full bath condo with a balcony, corner location and private parking garage is perfect for any buyers looking for this type of living space in Princeton. The unit has high ceilings and an open floor plan. Enjoy the spacious 1344 square feet of living space with a balcony which can be accessed from the living room and main bedroom and looks out into a quiet garden area below. There is also the convenience of an elevator from the garage and the foyer and 1 deeded garage parking space. Additional spaces may be rented from other owners. The secure garage area is accessed by remote control for your convenience. You will love the bright sunshine allowed into this unit with the large windows and sliding glass doors. The living and dining areas provide ample space to dine and entertain your guests. The full-size washer and dryer provide for easy in-unit living. There is also a large storage closet just outside the entrance to the unit. The HOA covers all exterior maintenance issues including elevator and garage maintenance, HVAC maintenance and Water/Sewer charges. Located close to transportation (Bus Stop) and plenty of food options and shopping close by. Pricing reflects the need for TLC. Set you appointment to see this Home today.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Fully Carpeted
  • Interior Amenities: Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Dining Area, Elevator, Floor Plan - Open, Walk-In Closet(s), Window Treatments
  • Window Features: Sliding
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Sliding Glass
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 3
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1344
  • Living Area Sq Ft: 1344
  • Price Per Sq Ft: 591.52
  • Above Grade Finished Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Flat
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Underground, Garage Door Opener
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Central
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground, Cable Tv
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 665.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 1 Markham
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Sewer, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 300.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 1250.00

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE E.S.
  • Middle School: JOHN WITHERSPOON M.S.
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: RIVERSIDE E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Lot Info

  • Additional Parcels: No
  • Fencing: Wood
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: RO-1
  • Zoning Description: Multi family residential

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 14505.00
  • Assessor Parcel Number: 14-00053 01-00011 22-C07
  • Tax Lot: 00011 22
  • Tax Total Finished Sq Ft: 1344
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 04/30/2025

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2024
Closed on
Apr 25, 2025
Sold by
Laurie Donna S K and Cohen Matthew P
Bought by
Seung Kwihwan
Seller's Agent
Jason Gareau
Long & Foster Real Estate, Inc.
Buyer's Agent
Ingela Kostenbader
Queenston Realty, LLC
List Price
$825,000
Sold Price
$770,000
Premium/Discount to List
-$55,000
-6.67%
Total Days on Market
119
Views
226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.55%

Purchase Details

Closed on
May 24, 1996
Sold by
Lee Maurice
Bought by
Laurie Victor and Laurie Donna
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $770,000 Trt Of Princeton-Abstrack Titl
Deed $199,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $770,000 -3.1% $573 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
11/26/2024 11/26/24 Price Changed $795,000 -3.6% $592 / Sq Ft
11/13/2024 11/13/24 For Sale $825,000 -- $614 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,694 $544,700 $325,000 $219,700
2023 $13,694 $544,700 $325,000 $219,700
2022 $13,247 $544,700 $325,000 $219,700
2021 $13,285 $544,700 $325,000 $219,700
2020 $13,182 $544,700 $325,000 $219,700
2019 $12,920 $544,700 $325,000 $219,700
2018 $12,702 $544,700 $325,000 $219,700
2017 $12,528 $544,700 $325,000 $219,700
2016 $12,332 $544,700 $325,000 $219,700
2015 $12,049 $544,700 $325,000 $219,700
2014 $11,028 $504,700 $285,000 $219,700
Source: Public Records

Agents Affiliated with this Home

  • Jason Gareau

    Seller's Agent in 2025

    Jason Gareau

    Long & Foster

    (609) 929-4486

    1 in this area

    265 Total Sales

    Jason Gareau
    Section Image
  • Ingela Kostenbader

    Buyer's Agent in 2025

    Ingela Kostenbader

    Queenston Realty, LLC

    (609) 902-5302

    221 in this area

    288 Total Sales

    Ingela Kostenbader
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME2050140

Bright MLS

APN: 14-00053-01-00011-22-C07

New Jersey Mercer County Princeton 08540

1 Markham Rd Unit 2B, Princeton, NJ

This home is located at 1 Markham Rd Unit 2B, Princeton, NJ 08540 and is currently priced at $770,000, approximately $572 per square foot. This property was built in 1985. 1 Markham Rd Unit 2B is a home located in Mercer County with nearby schools including Riverside Elementary School, Princeton Middle School, and Princeton High School.

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