NOT LISTED FOR SALE

1021 Mercer Rd Princeton, NJ 08540

Estimated Value: $1,117,633 - $1,653,000

4 Beds
3.5 Baths
3,177 Sq Ft
$439/Sq Ft Est. Value

Last Sold December 06, 2022

Last sale price $770,000 $242 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $8,746/month

Highlights

  • 1.37 Acre Lot
  • Colonial Architecture
  • 2 Car Detached Garage
  • Johnson Park School Rated A+
  • No HOA
  • Parking Storage or Cabinetry

About This Home

As of February 2023

Princeton schools! A one-of-a-kind charming colonial by lovely park like setting completely wrapped in privacy in 1.37 idyllic acres. it was delightfully converted and expanded into its present residence while still preserving much of its original character. Elegant period details are sprinkled throughout the gracious house. The decorative fireplaces with antique character, built-in bookcases enhance an innate coziness. The main floor features the formal dining room that opens into sunny conservatory, the nicely sized kitchen with 2nd stairs to upstairs, gorgeous living room , plus the plenty of living space. The unique second floor plan holds four bedrooms and two bathrooms , the studio cottage with its own bathroom in the backyard simply provide the recreation area and office space, the basement provides plenty of storage space and detached two-car garage

Last Agent to Rent the Property

Jinxin Jiang

(609) 647-6833 jinxin_jiang@yahoo.com Keller Williams Real Estate - Princeton Listed on: 12/06/2022

Keller Williams Real Estate - Princeton

Last Renter's Agent

Jinxin Jiang

(609) 647-6833 jinxin_jiang@yahoo.com Keller Williams Real Estate - Princeton Listed on: 12/06/2022

Keller Williams Real Estate - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,210

Year Built

  • Built in 1810

Lot Details

  • 1.37 Acre Lot
  • Property is zoned R1

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3,177 Sq Ft Home
  • Property has 2 Levels
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Johnson Park Elementary School
  • John Witherspoon Middle School
  • Princeton High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $6,150
  • 12-Month Lease Term
  • Available 12/30/22
  • Assessor Parcel Number 14-09501-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,210

Year Built

Built in 1810

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2022-12-30
  • Pets Allowed: No
  • Security Deposit: 6150.00
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Inclusions: Washer, Dryer and Refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1810
  • Automatically Close On Close Date: No
  • Remarks Public: Princeton schools! A one-of-a-kind charming colonial by lovely park like setting completely wrapped in privacy in 1.37 idyllic acres. it was delightfully converted and expanded into its present residence while still preserving much of its original character. Elegant period details are sprinkled throughout the gracious house. The decorative fireplaces with antique character, built-in bookcases enhance an innate coziness. The main floor features the formal dining room that opens into sunny conservatory, the nicely sized kitchen with 2nd stairs to upstairs, gorgeous living room , plus the plenty of living space. The unique second floor plan holds four bedrooms and two bathrooms , the studio cottage with its own bathroom in the backyard simply provide the recreation area and office space, the basement provides plenty of storage space and detached two-car garage,
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 3177
  • Living Area Sq Ft: 3177
  • Price Per Sq Ft: 1.29
  • Above Grade Finished Sq Ft: 3177
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1021

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Acres: 1.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 59677.00
  • Zoning: R1

Tax Info

  • Assessor Parcel Number: 2145960
  • Assessor Parcel Number: 14-09501-00001
  • Close Date: 02/21/2023

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 1988
Bought by
Mather John N and Mather Naomi
Current Estimated Value
$1,394,908
Source: Public Records

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 Buyer Sale Price Title Company
Mather John N $425,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2023 02/21/23 Rented $4,200 -99.5% --
02/13/2023 02/13/23 Under Contract -- -- --
12/06/2022 12/06/22 Sold $770,000 0.0% $242 / Sq Ft View Prior Sale
12/06/2022 12/06/22 For Rent $4,100 0.0% --
11/30/2022 11/30/22 Price Changed $735,500 0.0% $232 / Sq Ft
10/18/2022 10/18/22 For Sale $735,500 -4.5% $232 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/16/2022 10/16/22 Off Market $770,000 -- --
10/06/2022 10/06/22 For Sale $735,500 -- $232 / 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
2025 $16,210 $608,700 $374,500 $234,200
2024 $17,480 $608,700 $374,500 $234,200
2023 $17,480 $695,300 $437,000 $258,300
2022 $16,910 $695,300 $437,000 $258,300
2021 $16,958 $695,300 $437,000 $258,300
2020 $16,826 $695,300 $437,000 $258,300
2019 $16,493 $695,300 $437,000 $258,300
2018 $16,214 $695,300 $437,000 $258,300
2017 $15,992 $695,300 $437,000 $258,300
2016 $15,742 $695,300 $437,000 $258,300
2015 $15,046 $680,200 $437,000 $243,200
2014 $15,015 $687,200 $437,000 $250,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2025042

Bright MLS

APN: 14-09501-0000-00001