NOT LISTED FOR SALE

1 Peck Place Princeton, NJ 08540

-- Bed
-- Bath
-- Sq Ft
2,178 Sq Ft Lot

Last Sold May 26, 2015

Last sale price $975,000

221 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • 2-minute walk to Harrison Street Park
  • Riverside Elementary School Rated A
  • Heating Available

About This Home

As of May 2015

A drive marked Peck Place leads to one building housing five separate units; each one has two bedrooms and one bath. There is a Master Deed. The property has had one owner for over 30 years and the units have been rented. Because a two year reserve has not yet been established, the building is being offered as one entity at a 10 per cent discount from the total of the appraised price of the five units, 1,420,000 as of August 2014. There are 4 parking spaces for the five apartments. Apartment 4 does not have a designated space. The monthly income for all five apartments: 6,675; annual income: 80,100 as of Sept.1,2014. Each unit has a separate tax identity and assessment. This is an Estate; there is no Disclosure. Property is being sold "as is". Tenants are month to month with 30 day notice. Please note: entrance to Apartment 5 is in rear of building. Showings are limited to Wednesdays and Saturdays between the hours of 11 and 1. Please allow at least 24 hours notice to show. No one is to trespass on the property other than with an Realtor on authorized times or the police will be called.

Last Listed By

Marilyn R. Durkee

Callaway Henderson Sotheby's Int'l-Princeton License #8134523 Listed on: 09/20/2014

Callaway Henderson Sotheby's Int'l-Princeton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,999

Year Built

  • Built in 1980

Lot Details

  • 2,178

Parking

  • 4 Open Parking Spaces

Home Design

  • Aluminum Siding

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • 2,178 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Operating Expense $35,999

Listing and Financial Details

  • Tax Lot 00085 01 02 03

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,999

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • New Construction: No
  • Year Built: 1980
  • Remarks Public: A drive marked Peck Place leads to one building housing five separate units; each one has two bedrooms and one bath. There is a Master Deed. The property has had one owner for over 30 years and the units have been rented. Because a two year reserve has not yet been established, the building is being offered as one entity at a 10 per cent discount from the total of the appraised price of the five units, 1,420,000 as of August 2014. There are 4 parking spaces for the five apartments. Apartment 4 does not have a designated space. The monthly income for all five apartments: 6,675; annual income: 80,100 as of Sept.1,2014. Each unit has a separate tax identity and assessment. This is an Estate; there is no Disclosure. Property is being sold "as is". Tenants are month to month with 30 day notice. Please note: entrance to Apartment 5 is in rear of building. Showings are limited to Wednesdays and Saturdays between the hours of 11 and 1. Please allow at least 24 hours notice to show. No one is to trespass on the property other than with an Realtor on authorized times or the police will be called.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Street Number Modifier: 1-5

Exterior Features

  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: RIVERSIDE
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 999
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: RO1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 80100.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 2140773
  • Tax Annual Amount: 35999.00
  • Tax Lot: 00085 01 02 03
  • Tax Year: 2013
  • Close Date: 05/26/2015

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2015 05/26/15 Sold $975,000 -23.7% --
04/29/2015 04/29/15 Pending -- -- --
09/20/2014 09/20/14 For Sale $1,278,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003104936

Bright MLS

APN: 09 00053-0001-00085-0001-C01