NOT LISTED FOR SALE

129 Hodge Rd Princeton, NJ 08540

Estimated Value: $4,012,000 - $4,871,000

6 Beds
7 Baths
-- Sq Ft
1.27 Acres

Last Sold May 12, 2023

Last sale price $4,100,000

Est. 8% increase in value since last sale

Current estimated payment $29,938/month

27 Days on Market

Highlights

  • Concrete Pool
  • Eat-In Gourmet Kitchen
  • Dual Staircase
  • Community Park Elementary School Rated A+
  • 1.27 Acre Lot
  • Colonial Architecture

About This Home

As of May 2023

Anyone who's made their way through Princeton's famous Western Section has picked
out a dream home. For many, this is the one that stands out among all the eye-catching
properties as the pinnacle of splendor and graciousness. Its angle on a prominent
corner affords the fountain-splashed terraces and sun-dappled pool as much privacy as
a country estate, but with Palmer Square, McCarter Theater and the activity of the
University just a stroll away. The interior is dressed to the nines after being recently
redecorated. Now, hand-stenciled walls, bespoke window treatments and opulent new
bathrooms join the numerous fireplaces, French doors and incredible moldings that
made the home a show-stopper in the first place. Off the grand foyer, where a wet bar
hides under the split staircase, is a party-perfect living room that flows out to a covered
loggia, as well as separate studies - both inviting jewel-boxes in which to grab some
quiet time. In the kitchen, a thick slab of marble provides ample island workspace
beside a Wolf range and bright breakfast area. Conveniently extending from the
coffered family room, a mud entry and breezeway connect a 3-bay garage. The way the
current owners live shows just how modern and adaptable the upper levels can be. A
central bedroom lined with built-ins makes a perfect lounge for the younger set, while
another of the 6 total bedrooms is a suite sized for two. The crown jewel of the
multi-room main suite is a glimmering mosaic tiled bathroom fit for a queen. A third floor
gym is lined with interior windows for a motivating dose of morning light. There are so
many exceptional details here, both new and original, to discover and admire.

Last Agent to Sell the Property

Maura Mills

(609) 947-5757 mmills@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #8636710 Listed on: 02/11/2023

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Helen Sherman

(609) 915-1216 helen.sherman@foxroach.com BHHS Fox & Roach - Princeton License #RS301524

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $72,162

Year Built

  • Built in 1915

Lot Details

  • 1.27 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Extensive Hardscape
  • Level Lot
  • Back, Front, and Side Yard
  • Property is zoned R1

Parking

  • 3 Car Detached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • Property has 2.5 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • Recessed Lighting
  • 7 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Home Gym
  • Wood Flooring
  • Unfinished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Concrete Pool
  • Patio
  • Terrace
  • Exterior Lighting
  • Breezeway
  • Porch

Schools

  • Community Park Elementary School
  • Princeton Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Radiator
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Western Subdivision

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 14-00005 03-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$72,162

Year Built

Built in 1915

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Contact Listing Agent
  • Inclusions: Refrigerator, washer, dryer
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Water Heater, Washer, Range Hood, Refrigerator, Stainless Steel Appliances, Six Burner Stove, Microwave
  • Interior Amenities: Breakfast Area, Built-Ins, Bar, Crown Moldings, Double/Dual Staircase, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 7
  • Fireplace: Yes
  • Foundation Details: Stone
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Breakfast Room, Study, Sun/Florida Room, Exercise Room, Laundry, Mud Room, Office, Bedroom 6, Primary Bathroom
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 2.00
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting
  • Pool Features: Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Crushed Stone, Circular Driveway
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: COMMUNITY PARK
  • High School: PRINCETON
  • Middle Or Junior School: PRINCETON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 2074200.00
  • Land Assessed Value: 893000.00
  • Lot Features: Front Yard, Landscaping, Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.27
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 55321.00
  • Outdoor Living Structures: Porch(es), Patio(s), Terrace, Breezeway
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138454
  • Tax Annual Amount: 72162.00
  • Assessor Parcel Number: 14-00005 03-00001
  • Tax Lot: 00001
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2023
Closed on
May 5, 2023
Sold by
Mcgonigal Patrick
Bought by
Hodge Road Family Trust
Seller's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Helen Sherman
BHHS Fox & Roach - Princeton
List Price
$4,500,000
Sold Price
$4,100,000
Premium/Discount to List
-$400,000
-8.89%
Views
190
Current Estimated Value
$4,422,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,009
Avg. Annual Appreciation
3.03%

Purchase Details

Listed on
Sep 19, 2012
Closed on
Jul 14, 2014
Sold by
Karabelas Argeria N and Karabelas Eloise M
Bought by
Mcgonigal Patrick and Maldonado Kristen
Seller's Agent
Jane Henderson Kenyon
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$3,999,000
Sold Price
$3,250,000
Premium/Discount to List
-$749,000
-18.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%

Purchase Details

Closed on
Aug 3, 2001
Sold by
Danko Keith
Bought by
Karabelas Argeris and Karabelas Eloise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.21%

Purchase Details

Closed on
Sep 16, 1996
Sold by
Ostroff Mark S
Bought by
Danko Keith M and Danko Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,008,000
Interest Rate
7.83%

Purchase Details

Closed on
Mar 3, 1995
Sold by
Hall Harleston
Bought by
Ostroff Mark and Ostroff Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
9.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hodge Road Family Trust $4,100,000 Chicago Title
Hodge Road Family Trust $4,100,000 Chicago Title
Mcgonigal Patrick $3,250,000 Agent For Westcor Land Title
Karabelas Argeris $3,500,000 --
Danko Keith M $1,385,000 --
Ostroff Mark $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karabelas Argeris $1,000,000
Previous Owner Danko Keith M $1,008,000
Previous Owner Ostroff Mark $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $4,100,000 -8.9% --
03/10/2023 03/10/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $4,500,000 +38.5% --
07/14/2014 07/14/14 Sold $3,250,000 -7.1% -- View Prior Sale
06/20/2014 06/20/14 Pending -- -- --
05/31/2013 05/31/13 Price Changed $3,500,000 -12.5% --
09/19/2012 09/19/12 For Sale $3,999,000 -- --
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
2025 $79,017 $2,967,200 $893,000 $2,074,200
2024 $74,595 $2,967,200 $893,000 $2,074,200
2023 $74,595 $2,967,200 $893,000 $2,074,200
2022 $72,162 $2,967,200 $893,000 $2,074,200
2021 $72,370 $2,967,200 $893,000 $2,074,200
2020 $76,549 $3,163,200 $893,000 $2,270,200
2019 $75,031 $3,163,200 $893,000 $2,270,200
2018 $73,766 $3,163,200 $893,000 $2,270,200
2017 $72,754 $3,163,200 $893,000 $2,270,200
2016 $71,615 $3,163,200 $893,000 $2,270,200
2015 $69,970 $3,163,200 $893,000 $2,270,200
2014 $73,991 $3,386,300 $893,000 $2,493,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2026668

Bright MLS

APN: 14-00005-03-00001