Seller's Agent in 2021
Kimberly Rizk
Callaway Henderson Sotheby's Int'l-Princeton
(609) 203-4807
42 in this area
77 Total Sales
1040 Mercer Rd Princeton, NJ 08540
Estimated Value: $1,032,000 - $1,873,000
6
Beds
3.5
Baths
--
Sq Ft
2.02
Acres
Highlights
- Scenic Views
- 2.02 Acre Lot
- Wood Flooring
- Johnson Park School Rated A+
- Colonial Architecture
- No HOA
About This Home
As of August 2021With so much space, both inside and out, this special Princeton property is not only a fantastic value, but also an opportunity to make outdoor living part of your every day. The house, just painted a fresh sky blue and topped with a new roof, sits on more than 2 acres, but the property feels endless thanks to preserved land stretching out beyond the fenced yard. Enjoy the view from your choice of relaid stone patios or from the shelter of the sunroom. Inside, the living room with a raised hearth fireplace is the heart of the home. Hardwood floors extend into the dining room. Tailor the kitchen to suit your needs by removing a wall - or not. You may even choose to reimagine the upper level floor plan. One thing is certain - with a ready-for-finishing bonus room and 6 current bedrooms, including a main level master with a brand new bathroom, there s space for everyone! A second staircase off the attached garage even offers an au pair or in-laws extra privacy. All this seclusion within the Princeton school district and a quick drive from I-95.
Last Agent to Sell the Property
(609) 203-4807 krizk@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #0124663 Listed on: 09/09/2020
Co-Listed By
(609) 658-4999 edeardorff@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1750793
Last Buyer's Agent
(609) 516-9311 sikander@keyrealtynj.com Key Realty NJ License #124586
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,706
Year Built
- Built in 1968
Lot Details
- 2.02 Acre Lot
- Split Rail Fence
- Property is in very good condition
- Property is zoned R1
Parking
- 2 Car Attached Garage
- 8 Driveway Spaces
- Front Facing Garage
Home Design
- Colonial Architecture
- Frame Construction
- Asphalt Roof
Interior Spaces
- Property has 2 Levels
- Wood Burning Fireplace
- Wood Flooring
- Scenic Vista Views
- Partial Basement
- Laundry on main level
Bedrooms and Bathrooms
Eco-Friendly Details
- Heating system powered by active solar
Schools
- Johnson Park Elementary School
- John Witherspoon Middle School
- PHS High School
Utilities
- Central Air
- Electric Baseboard Heater
- Natural Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00005
- Assessor Parcel Number 14-10102-00005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2020
Closed on
Aug 13, 2021
Sold by
Johnson William L and Estate Of R Ann Johnson
Bought by
Vatish Rajan and Bali Anjli
Seller's Agent
Kimberly Rizk
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Sikander Renu
Key Realty NJ
List Price
$920,000
Sold Price
$857,500
Premium/Discount to List
-$62,500
-6.79%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,571
Avg. Annual Appreciation
12.64%
Original Mortgage
$686,000
Outstanding Balance
$621,897
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$778,174
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vatish Rajan | $857,500 | Foundation Title Llc | |
| Rajan Vatish | $857,500 | Foundation Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rajan Vatish | $686,000 | |
| Closed | Rajan Vatish | $686,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/20/2021 08/20/21 | Sold | $857,500 | -2.0% | -- |
| 03/11/2021 03/11/21 | Pending | -- | -- | -- |
| 12/06/2020 12/06/20 | Price Changed | $875,000 | -2.2% | -- |
| 09/30/2020 09/30/20 | Price Changed | $895,000 | -2.7% | -- |
| 09/09/2020 09/09/20 | For Sale | $920,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $18,899 | $709,700 | $383,400 | $326,300 |
| 2024 | $20,640 | $709,700 | $383,400 | $326,300 |
| 2023 | $20,640 | $821,000 | $458,400 | $362,600 |
| 2022 | $19,804 | $814,300 | $458,400 | $355,900 |
| 2021 | $19,861 | $814,300 | $458,400 | $355,900 |
| 2020 | $19,706 | $814,300 | $458,400 | $355,900 |
| 2019 | $19,315 | $814,300 | $458,400 | $355,900 |
| 2018 | $18,989 | $814,300 | $458,400 | $355,900 |
| 2017 | $18,729 | $814,300 | $458,400 | $355,900 |
| 2016 | $18,436 | $814,300 | $458,400 | $355,900 |
| 2015 | $18,012 | $814,300 | $458,400 | $355,900 |
| 2014 | $17,792 | $814,300 | $458,400 | $355,900 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Rizk
-
Ellie Deardorff
E
Seller Co-Listing Agent in 2021
Ellie Deardorff
Callaway Henderson Sotheby's Int'l-Princeton
(609) 658-4999
35 in this area
68 Total Sales
-
Sikander Renu
Buyer's Agent in 2021
Sikander Renu
Key Realty NJ
(609) 516-9311
1 in this area
16 Total Sales
Map
Source: Bright MLS
MLS Number: NJME289468
APN: 14-10102-0000-00005
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