NOT LISTED FOR SALE

1045 Canal Rd Princeton, NJ 08540

Estimated Value: $450,000 - $482,000

3 Beds
1 Bath
1,155 Sq Ft
$404/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $400,000 $346 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,140/month

5 Days on Market

Highlights

  • 0.66 Acre Lot
  • No HOA
  • Living Room
  • Cape Cod Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom

About This Home

As of March 2023

Welcome to 1045 Canal Rd, Princeton, NJ 08540! Take a step back to a simpler time with this cottage-style cape nestled on a park-like property in the historic Griggstown area of Somerset County. Carefully renovated to retain period charm with original hard wood floors, shiplap walls, and a white picket fence, this home has many upgrades including a new roof, furnace, and well pump. A block away from the Delaware Raritan & Canal State Park, this is a beautiful country setting with a coveted Princeton address close to Princeton, New Brunswick, and NYC trains. This home is not in a flood zone and is the perfect alternative to condo living with plenty of room to expand.

Last Agent to Sell the Property

John Wuertz

BHHS Fox & Roach-Mt Laurel License #231089 Listed on: 02/03/2023

BHHS Fox & Roach-Mt Laurel

Last Buyer's Agent

Rebecca Matyash

Keller Williams Greater Brunswick License #1111723

Keller Williams Greater Brunswick

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,030

Year Built

  • Built in 1930

Lot Details

  • 0.66 Acre Lot
  • Property is zoned R40

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1,155 Sq Ft Home
  • Property has 1.5 Levels
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 08-00012-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,030

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1155
  • Living Area Sq Ft: 1155
  • Price Per Sq Ft: 324.68
  • Above Grade Finished Sq Ft: 1155
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1045

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: FRANKLIN TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397466
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.66
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28750.00
  • Year Assessed: 2022
  • Zoning: R40

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6030.00
  • Assessor Parcel Number: 08-00012-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 1155
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/21/2023

MLS Schools

  • School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 3, 2023
Sold by
Stewart Katherine
Bought by
Bendixen Eric and Sheridan Sarah
Seller's Agent
John Wuertz
BHHS Fox & Roach-Mt Laurel
Buyer's Agent
Rebecca Matyash
Keller Williams Greater Brunswick
List Price
$375,000
Sold Price
$400,000
Premium/Discount to List
$25,000
6.67%
Views
131
Current Estimated Value
$466,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,171
Avg. Annual Appreciation
6.39%
Original Mortgage
$320,000
Outstanding Balance
$310,858
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$155,313

Purchase Details

Listed on
Nov 25, 2011
Closed on
Nov 28, 2012
Sold by
Cutler Kenneth R
Bought by
Stewart Katherine
Seller's Agent
Rocco Balsamo
Corcoran Sawyer Smith
Buyer's Agent
John Sullivan
RE/MAX of Princeton
List Price
$199,900
Sold Price
$225,000
Premium/Discount to List
$25,100
12.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$217,125
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Bendixen Eric $400,000 Simplicity Title
Stewart Katherine $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bendixen Eric $320,000
Previous Owner Stewart Katherine $220,000
Previous Owner Katherine $211,200
Previous Owner Stewart Katherine $217,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $400,000 +6.7% $346 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $375,000 +66.7% $325 / Sq Ft
11/30/2012 11/30/12 Sold $225,000 +15.4% --
08/13/2012 08/13/12 Pending -- -- --
04/18/2012 04/18/12 Price Changed $195,000 -2.5% --
11/25/2011 11/25/11 For Sale $199,900 -- --
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 $7,441 $412,700 $302,500 $110,200
2023 $7,240 $376,700 $266,500 $110,200
2022 $6,271 $309,200 $199,000 $110,200
2021 $6,030 $273,200 $163,000 $110,200
2020 $5,968 $264,200 $154,000 $110,200
2019 $6,042 $264,200 $154,000 $110,200
2018 $6,103 $264,200 $154,000 $110,200
2017 $6,315 $272,300 $162,100 $110,200
2016 $6,369 $272,300 $162,100 $110,200
2015 $6,346 $273,200 $163,000 $110,200
2014 $5,864 $256,300 $162,100 $94,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSO2002022

Bright MLS

APN: 08-00012-0000-00001