NOT LISTED FOR SALE

124 Mercer St Princeton, NJ 08540

Estimated Value: $1,369,000 - $1,680,000

4 Beds
2.5 Baths
-- Sq Ft
10,001 Sq Ft Lot

Last Sold January 05, 2023

Last sale price $1,200,000

Est. 22% increase in value since last sale

Current estimated payment $10,034/month

5 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • 1 Car Detached Garage
  • Johnson Park School Rated A+
  • No HOA
  • Family Room Off Kitchen

About This Home

As of January 2023

Modern Day Renovations Enhance 1830’s Charm. In historic Mercer Hill, just a few doors down from Einstein’s former home, this picture-perfect 4 bedroom has been beautifully renovated without disturbing one bit of its 1830’s charm. It’s all about the details, like the living room’s fireplace, an under-the-stairs powder room wrapped in a joyful nautical print, and a new mudroom outfitted with a built-in bench. You’ll want to spend most of your time in the wonderful open-flow family room and brand new kitchen, where French doors lead to a sweet, coffee-sized terrace. A walnut cook island, quartz counters, and stainless steel appliances are practical and beautiful. An upstairs laundry room and the home’s hardwood floors benefit 4 sun-filled bedrooms: one with a window seat and the owner’s suite, which enjoys a gas fireplace and one of two new modern bathrooms. The property is ideal, with a deep leafy backyard, stone patio, and 1-car garage - plus it’s just sidewalks to town for a dinner and a show, and blocks to the Dinky train!

Last Agent to Sell the Property

Jane Henderson Kenyon

Callaway Henderson Sotheby's Int'l-Princeton License #8033952 Listed on: 09/08/2022

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Harveen Bhatla

Keller Williams Premier

Keller Williams Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,714

Year Built

  • Built in 1830

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 50.00 x 0.00
  • Property is zoned R1MP

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 14-00039 01-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,714

Year Built

Built in 1830

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Dining room light fixture.
  • Inclusions: See listing agent.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-09-08
  • Year Built: 1830
  • Automatically Close On Close Date: No
  • Remarks Public: Modern Day Renovations Enhance 1830’s Charm. In historic Mercer Hill, just a few doors down from Einstein’s former home, this picture-perfect 4 bedroom has been beautifully renovated without disturbing one bit of its 1830’s charm. It’s all about the details, like the living room’s fireplace, an under-the-stairs powder room wrapped in a joyful nautical print, and a new mudroom outfitted with a built-in bench. You’ll want to spend most of your time in the wonderful open-flow family room and brand new kitchen, where French doors lead to a sweet, coffee-sized terrace. A walnut cook island, quartz counters, and stainless steel appliances are practical and beautiful. An upstairs laundry room and the home’s hardwood floors benefit 4 sun-filled bedrooms: one with a window seat and the owner’s suite, which enjoys a gas fireplace and one of two new modern bathrooms. The property is ideal, with a deep leafy backyard, stone patio, and 1-car garage - plus it’s just sidewalks to town for a dinner and a show, and blocks to the Dinky train!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Family Room Off Kitchen
  • Fireplace Features: Gas/Propane, Insert
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1, Laundry, Full Bath
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 124

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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
  • School District Key: 300200396175
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 303300.00
  • Land Assessed Value: 546000.00
  • Lot Size Acres: 0.23
  • Lot Dimensions: 50.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10001.00
  • Year Assessed: 2021
  • Zoning: R1MP

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2140305
  • Tax Annual Amount: 20714.00
  • Assessor Parcel Number: 14-00039 01-00011
  • Tax Lot: 00011
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 01/05/2023

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Jan 2, 2023
Sold by
Judge Sara M
Bought by
Alexander John Edward and Lukac Alexander Rosary
Seller's Agent
Jane Henderson Kenyon
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Harveen Bhatla
Keller Williams Premier
List Price
$1,195,000
Sold Price
$1,200,000
Premium/Discount to List
$5,000
0.42%
Total Days on Market
5
Views
9
Current Estimated Value
$1,468,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,139
Avg. Annual Appreciation
8.65%

Purchase Details

Listed on
Feb 4, 2017
Closed on
Jul 7, 2017
Sold by
Mccarthy John F and Anable Susan G
Bought by
Judge Sara M
Seller's Agent
Robin Froehlich
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Jane Henderson Kenyon
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$899,000
Sold Price
$899,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$121,131
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2014
Sold by
Mccarthy John F and Anable Susan G
Bought by
Anable Susan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,819
Interest Rate
4.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2010
Sold by
Mccarthy Kevin E
Bought by
Mccarthy John F and Anable Susan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 1996
Sold by
Flournoy Richard
Bought by
Mccarthy Kevin and Mccarthy Victoria
Source: Public Records

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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
Alexander John Edward $1,200,000 --
Judge Sara M $899,000 Sterling Title Agency
Anable Susan G -- None Available
Mccarthy John F $799,000 None Available
Mccarthy Kevin $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Judge Sara M $697,000
Previous Owner Anable Susan $50,000
Previous Owner Judge Sara M $121,131
Previous Owner Judge Sara M $420,363
Previous Owner Mccarthy John F $300,000
Previous Owner Mccarthy John F $200,000
Previous Owner Mccarthy John F $600,000
Previous Owner Anable Susan G $417,000
Previous Owner North Princeton Professional Center Llc $177,819
Previous Owner Mccarthy John F $200,000
Previous Owner Mccarthy John F $250,000
Previous Owner Mccarthy John F $399,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2023 01/05/23 Sold $1,200,000 +0.4% --
09/14/2022 09/14/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $1,195,000 +32.9% --
07/07/2017 07/07/17 Sold $899,000 0.0% $435 / Sq Ft
03/17/2017 03/17/17 For Sale $899,000 0.0% $435 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/04/2017 02/04/17 For Sale $899,000 -- $435 / 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
2024 $21,520 $856,000 $546,000 $310,000
2023 $21,520 $856,000 $546,000 $310,000
2022 $20,655 $849,300 $546,000 $303,300
2021 $20,714 $849,300 $546,000 $303,300
2020 $20,553 $849,300 $546,000 $303,300
2019 $18,604 $784,300 $481,000 $303,300
2018 $16,287 $698,400 $481,000 $217,400
2017 $16,063 $698,400 $481,000 $217,400
2016 $15,812 $698,400 $481,000 $217,400
2015 $15,449 $698,400 $481,000 $217,400
2014 $14,862 $680,200 $481,000 $199,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2021722

Bright MLS

APN: 14-00039-01-00011