NOT LISTED FOR SALE

1041 Princeton Kingston Rd Princeton, NJ 08540

Estimated Value: $1,732,000 - $2,237,000

4 Beds
3.5 Baths
-- Sq Ft
0.57 Acres

Last Sold March 15, 2024

Last sale price $2,000,000

Est. 1% decrease in value since last sale

Current estimated payment $13,699/month

170 Days on Market

Highlights

  • 103 Feet of Waterfront
  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Littlebrook Elementary School Rated A+
  • Lake View
  • Colonial Architecture

About This Home

As of March 2024

Where Carnegie Lake and the Millstone River meet is a magical spot to unplug and unwind, whether you're out on the water or just enjoying the view. This property boasts an unobstructed natural vista that eludes other Riverside area waterfront homes. Its particular location also invites exploration thanks to a broadly shouldered stretch that connects to the rest of the neighborhood, affording a pleasant stroll to Princeton University and the diversions of town. In the opposite direction, nearby stairs to the D&R Canal State Park link up to miles-upon-miles of nature-laden trails. And for a more cosmopolitan adventure, just hop on the bus to NYC, which stops practically at your doorstep! The lightly lived-in house is a 2015 project by master builder Lewis Barber. The interior amplifies the feeling of waterside serenity with a clean neutral palette and sleek contemporary-leaning finishes. A complete renovation and expansion maximized the magnificent view. Now, oversized windows wrap around open living spaces, as well as the stunning primary suite. Even the walk-out lower level enjoys plenty of fresh air and a fantastic vista. With a Sub-Zero fridge, Bertazzoni range and to-the-ceiling cabinetry, the kitchen exemplifies the high level of quality and enduring style one expects from a Barber project. A clever interior window passes extra light and that extraordinary view into the living room, where a big fireplace edged with reflective metal steals the spotlight come nightfall. Guests can take their pick of accommodations: a versatile study with sliders to a stone patio or a large lower level room behind sliding etched glass doors with a full bath right nearby. Upstairs are 3 bedrooms and the large laundry room. The primary bath is heavenly with an oval tub soaking up the view. A second bath off the skylit landing echoes the same timeless sophistication. Storage is plentiful throughout all levels, but the mud entry with a trio of big closets adorned with pretty glass knobs is especially handy. With a boat launch right down the road and a waterside deck in your own backyard, Carnegie Lake and the Millstone River are yours to enjoy!

Last Listed By

Maura Mills

Callaway Henderson Sotheby's Int'l-Princeton License #8636710 Listed on: 08/14/2023

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,774

Year Built

  • Built in 1930 | Remodeled in 2015

Lot Details

  • 0.57 Acre Lot
  • 103 Feet of Waterfront
  • Lake Front
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Recessed Lighting
  • 1 Fireplace
  • Window Treatments
  • Mud Room
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Storage Room
  • Utility Room
  • Lake Views

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Basement Windows

Outdoor Features

  • Water Access
  • Property is near a lake
  • Patio

Schools

  • Riverside Elementary School
  • Princeton Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by Lew Barber
  • Riverside Subdivision

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 14-01501-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,774

Year Built

Built in 1930 | Remodeled in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Refrigerator, washer, dryer.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-08-14
  • Year Built: 1930
  • Year Renovated: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: Where Carnegie Lake and the Millstone River meet is a magical spot to unplug and unwind, whether you're out on the water or just enjoying the view. This property boasts an unobstructed natural vista that eludes other Riverside area waterfront homes. Its particular location also invites exploration thanks to a broadly shouldered stretch that connects to the rest of the neighborhood, affording a pleasant stroll to Princeton University and the diversions of town. In the opposite direction, nearby stairs to the D&R Canal State Park link up to miles-upon-miles of nature-laden trails. And for a more cosmopolitan adventure, just hop on the bus to NYC, which stops practically at your doorstep! The lightly lived-in house is a 2015 project by master builder Lewis Barber. The interior amplifies the feeling of waterside serenity with a clean neutral palette and sleek contemporary-leaning finishes. A complete renovation and expansion maximized the magnificent view. Now, oversized windows wrap around open living spaces, as well as the stunning primary suite. Even the walk-out lower level enjoys plenty of fresh air and a fantastic vista. With a Sub-Zero fridge, Bertazzoni range and to-the-ceiling cabinetry, the kitchen exemplifies the high level of quality and enduring style one expects from a Barber project. A clever interior window passes extra light and that extraordinary view into the living room, where a big fireplace edged with reflective metal steals the spotlight come nightfall. Guests can take their pick of accommodations: a versatile study with sliders to a stone patio or a large lower level room behind sliding etched glass doors with a full bath right nearby. Upstairs are 3 bedrooms and the large laundry room. The primary bath is heavenly with an oval tub soaking up the view. A second bath off the skylit landing echoes the same timeless sophistication. Storage is plentiful throughout all levels, but the mud entry with a trio of big closets adorned with pretty glass knobs is especially handy. With a boat launch right down the road and a waterside deck in your own backyard, Carnegie Lake and the Millstone River are yours to enjoy!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Floor Plan - Open, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Mud Room, Office, Storage Room, Utility Room, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Walkout Level, Windows, Partially Finished, Outside Entrance, Interior Access, Heated
  • Laundry Type: Upper Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1041

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stucco
  • Roof: Asphalt
  • Spa: No
  • View: Lake
  • Water Access: Yes
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 103

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway, Paved Parking
  • Garage Features: Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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: RIVERSIDE
  • Middle School: PRINCETON
  • High School: PRINCETON
  • 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
  • High School: PRINCETON
  • Middle Or Junior School: PRINCETON

Lot Info

  • Additional Parcels: No
  • Fencing: Partially
  • Lot Features: Level, Sloping
  • Lot Size Acres: 0.57
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24829.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: Lew Barber

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 29774.00
  • Assessor Parcel Number: 14-01501-00008
  • Tax Lot: 00008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/15/2024

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Mar 6, 2024
Sold by
Ho Victor Chee Ngon and Ho Katherine Emily
Bought by
Zhan Ping and Li Weigang
Seller's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Lin Chang
Queenston Realty, LLC
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%
Total Days on Market
170
Views
422
Current Estimated Value
$1,989,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,912
Avg. Annual Appreciation
0.73%

Purchase Details

Listed on
Apr 6, 2020
Closed on
Aug 21, 2020
Sold by
Barber Lewis
Bought by
Ho Victor Chee Ngon and Ho Katherine Emily
Seller's Agent
Susan DiMeglio
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,749,000
Sold Price
$1,610,000
Premium/Discount to List
-$139,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$250,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2015
Closed on
May 8, 2015
Sold by
Tong Jason J and Tong Annabel Lee
Bought by
Barber Lewis
Seller's Agent
Judson Henderson
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Susan DiMeglio
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$768,000
Sold Price
$734,000
Premium/Discount to List
-$34,000
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%

Purchase Details

Closed on
May 15, 2003

Purchase Details

Closed on
Sep 30, 1996
Sold by
Sciarra Lorraine
Bought by
Tong Jason

Range of Values:

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Sold Price
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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
Zhan Ping $2,000,000 Crownline Title
Ho Victor Chee Ngon $1,610,000 First American Title Inc Co
Barber Lewis $734,000 Empire Title & Abstract Agen
-- $585,000 --
Tong Jason $277,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ho Victor Chee Ngon $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $2,000,000 -4.5% --
11/04/2023 11/04/23 Price Changed $2,095,000 -4.8% --
08/14/2023 08/14/23 For Sale $2,200,000 +36.6% --
08/28/2020 08/28/20 Sold $1,610,000 -5.2% --
07/26/2020 07/26/20 Pending -- -- --
06/25/2020 06/25/20 Price Changed $1,699,000 -2.9% --
04/06/2020 04/06/20 For Sale $1,749,000 +138.3% --
05/11/2015 05/11/15 Sold $734,000 -4.4% --
04/17/2015 04/17/15 Pending -- -- --
03/15/2015 03/15/15 For Sale $768,000 -- --
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 $30,779 $1,224,300 $614,000 $610,300
2023 $30,779 $1,224,300 $614,000 $610,300
2022 $29,775 $1,224,300 $614,000 $610,300
2021 $29,861 $1,224,300 $614,000 $610,300
2020 $29,628 $1,224,300 $614,000 $610,300
2019 $29,040 $1,224,300 $614,000 $610,300
2018 $28,551 $1,224,300 $614,000 $610,300
2017 $28,159 $1,224,300 $614,000 $610,300
2016 $17,763 $784,600 $614,000 $170,600
2015 $17,355 $784,600 $614,000 $170,600
2014 $17,476 $799,800 $614,000 $185,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2033780

Bright MLS

APN: 14-01501-0000-00008