$899,000
SOLD JUL 7, 2017

124 Mercer St Princeton, NJ 08540

4 Beds
2.5 Baths
2,068 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$435 Per Sq Ft

9 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Fireplaces
  • Johnson Park School Rated A+
  • Attic
  • No HOA

About This Home

As of January 2023

Just a short stroll from the pulse of downtown, and three doors down from Einstein's former residence, this 1830's home adds its own quiet grace and elegance to one of Princeton's most historic streets. A Palladian window perches above the front door in a welcoming foyer, a hint of the home's warm charm: vintage details, original wood floors, and two wood-burning fireplaces, one to be found in the sun-washed living room. Glass doors in the family room and generous windows in the dining room frame views of a bluestone patio and deep, picturesque backyard. A mudroom area/storage pantry, handy to the driveway, serves an updated kitchen and matching butler's pantry lined with granite and ample cabinetry. Delightful with character and sunshine are a study and four bedrooms, including a suite, and the relaxed master with its own fireplace. Abundant storage can be found in ample built-in cabinetry, a full-height basement, and 1-car garage. Enjoy Princeton's fine dining, movies, shopping, theater - and leave the car at home! Blue ribbon school district.

Last Agent to Sell the Property

Robin Froehlich

Callaway Henderson Sotheby's Int'l-Princeton License #9913882 Listed on: 02/04/2017

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Jane Henderson Kenyon

Callaway Henderson Sotheby's Int'l-Princeton License #8033952

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,812

Year Built

  • Built in 1830

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 50x200
  • Level Lot
  • Property is in good condition
  • Property is zoned R1MP

Parking

  • 1 Car Detached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Slate Roof
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2.5 Bathrooms

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Institute Area Subdivision

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,812

Year Built

Built in 1830

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: All Kitchen Appliances; Washer And Dryer.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1830
  • Remarks Public: Just a short stroll from the pulse of downtown, and three doors down from Einstein's former residence, this 1830's home adds its own quiet grace and elegance to one of Princeton's most historic streets. A Palladian window perches above the front door in a welcoming foyer, a hint of the home's warm charm: vintage details, original wood floors, and two wood-burning fireplaces, one to be found in the sun-washed living room. Glass doors in the family room and generous windows in the dining room frame views of a bluestone patio and deep, picturesque backyard. A mudroom area/storage pantry, handy to the driveway, serves an updated kitchen and matching butler's pantry lined with granite and ample cabinetry. Delightful with character and sunshine are a study and four bedrooms, including a suite, and the relaxed master with its own fireplace. Abundant storage can be found in ample built-in cabinetry, a full-height basement, and 1-car garage. Enjoy Princeton's fine dining, movies, shopping, theater - and leave the car at home! Blue ribbon school district.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Wood, Vinyl, Tile/Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 2
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Basement
  • 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: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Wood Siding
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Slate
  • 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
  • Open Parking Spaces Count: 2
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • 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: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: JOHNSON PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 217400.00
  • Land Assessed Value: 481000.00
  • Lot Features: Level
  • Lot Size Acres: 0.23
  • Lot Dimensions: 50X200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R1MP

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2140305
  • Tax Annual Amount: 15812.00
  • Assessor Parcel Number: 14-00039 01-00011
  • Tax Lot: 00011
  • Tax Year: 2016
  • Close Date: 07/07/2017

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%
Views
9
Current Estimated Value
$1,457,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,242
Avg. Annual Appreciation
7.88%

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,200,000 --
Deed $899,000 Sterling Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer $799,000 None Available
Deed $370,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $697,000 New Conventional
Previous Owner $50,000 No Value Available
Previous Owner $121,131 Purchase Money Mortgage
Previous Owner $420,363 Purchase Money Mortgage
Previous Owner $300,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $600,000 Adjustable Rate Mortgage/ARM
Previous Owner $417,000 Adjustable Rate Mortgage/ARM
Previous Owner $177,819 Commercial
Previous Owner $200,000 Credit Line Revolving
Previous Owner $250,000 Commercial
Previous Owner $399,000 Purchase Money Mortgage
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
2025 $22,795 $862,800 $546,000 $316,800
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: 1000037046

Bright MLS

APN: 14-00039-01-00011