NOT LISTED FOR SALE

142 Mercer St Princeton, NJ 08540

Estimated Value: $821,000 - $2,247,000

4 Beds
2.5 Baths
2,559 Sq Ft
$597/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $837,000 $327 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $9,963/month

Highlights

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

About This Home

As of May 2019

Charming colonial close to Princeton University, The Institute for Advanced study, Marquand Park, Springdale Golf Course, great shopping, restaurants, theater and all the great culture Princeton has to offer. Located across from a beautiful park with lots of parking in the long driveway and also street parking! Hardwood floors throughout most of the home, four fireplaces, expanded kitchen with a greenhouse sunroom, new windows and built-in bookcases throughout the home. Beautiful garden in the backyard with a fountain.

Last Agent to Sell the Property

Debbie Lang

(609) 213-1900 debbie.lang@foxroach.com BHHS Fox & Roach - Princeton License #8633765 Listed on: 01/01/2019

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Debbie Lang

(609) 213-1900 debbie.lang@foxroach.com BHHS Fox & Roach - Princeton License #8633765 Listed on: 01/01/2019

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,446

Year Built

  • Built in 1893

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50'x161'

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Wood Siding
  • Asphalt

Interior Spaces

  • 2,559 Sq Ft Home
  • Property has 3 Levels
  • Skylights
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement
  • Side Basement Entry
  • Laundry on main level
  • Attic

Kitchen

  • Butlers Pantry
  • Gas Oven or Range
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-in Shower

Accessible Home Design

  • More Than Two Accessible Exits

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14-0003901-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,446

Year Built

Built in 1893

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: All appliances as exist
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1893
  • Remarks Public: Charming colonial close to Princeton University, The Institute for Advanced study, Marquand Park, Springdale Golf Course, great shopping, restaurants, theater and all the great culture Princeton has to offer. Located across from a beautiful park with lots of parking in the long driveway and also street parking! Hardwood floors throughout most of the home, four fireplaces, expanded kitchen with a greenhouse sunroom, new windows and built-in bookcases throughout the home. Beautiful garden in the backyard with a fountain.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Refrigerator, Oven/Range - Gas
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Butlers Pantry, Dining Area, Kitchen - Island, Skylight(s), Stall Shower, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Levels Count: 3+
  • Room Count: 8
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Side Entrance
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 2559
  • Living Area Sq Ft: 2559
  • Price Per Sq Ft: 345.84
  • Above Grade Finished Sq Ft: 2559
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 142

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: Asphalt, Wood Siding
  • Exterior Features: Sidewalks
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Additional Storage Area, Covered Parking
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Oil
  • Heating Type: Forced Air, Baseboard - Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Cable Tv Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: JOHNSON PARK
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: 3rd Party
  • Elementary School: JOHNSON PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 491500.00
  • Land Assessed Value: 471000.00
  • Lot Size Acres: 0.18
  • Lot Dimensions: 50'x161'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Year Assessed: 2018
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2140311
  • Tax Annual Amount: 22446.00
  • Assessor Parcel Number: 14-0003901-00018
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 05/03/2019

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2019
Closed on
May 21, 2019
Sold by
Baird Neville Betsey
Bought by
Bento Lucas and Bento Lauren
Seller's Agent
Debbie Lang
BHHS Fox & Roach - Princeton
Buyer's Agent
Debbie Lang
BHHS Fox & Roach - Princeton
List Price
$885,000
Sold Price
$837,000
Premium/Discount to List
-$48,000
-5.42%
Current Estimated Value
$1,526,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$689,660
Avg. Annual Appreciation
10.70%
Original Mortgage
$669,600
Outstanding Balance
$587,548
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,017,026

Purchase Details

Closed on
Sep 23, 1991
Bought by
Cobb Hope
Source: Public Records

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
Bento Lucas $837,000 Foundation Title Llc
Cobb Hope $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bento Lucas $669,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $837,000 -5.4% $327 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
01/01/2019 01/01/19 For Sale $885,000 -- $346 / 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 $22,433 $860,500 $536,000 $324,500
2024 $21,178 $842,400 $536,000 $306,400
2023 $21,178 $842,400 $536,000 $306,400
2022 $20,487 $842,400 $536,000 $306,400
2021 $20,546 $842,400 $536,000 $306,400
2020 $20,386 $842,400 $536,000 $306,400
2019 $18,151 $765,200 $471,000 $294,200
2018 $22,446 $962,500 $471,000 $491,500
2017 $21,682 $942,700 $471,000 $471,700
2016 $21,343 $942,700 $471,000 $471,700
2015 $20,853 $942,700 $471,000 $471,700
2014 $20,598 $942,700 $471,000 $471,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME203166

Bright MLS

APN: 14-00039-01-00018