NOT LISTED FOR SALE

150 Mercer St Princeton, NJ 08540

Estimated Value: $2,295,509 - $3,038,000

5 Beds
4.5 Baths
-- Sq Ft
7,440 Sq Ft Lot

Last Sold December 15, 2021

Last sale price $2,005,000

Est. 31% increase in value since last sale

Current estimated payment $16,736/month

Highlights

  • Gourmet Kitchen
  • Waterfall on Lot
  • Recreation Room
  • Johnson Park School Rated A+
  • Colonial Architecture
  • Wood Flooring

About This Home

As of December 2021

Over a handful of years, this storied, in-town residence was completely overhauled - from the top-floor guest getaway to the backyard fitness studio and every inch in between. The talented professionals of Bogle Design Group and Leddy Interiors combined forces to create spaces full of warm polished style and sophisticated modern livability without sacrificing any of the Mercer Hill home’s innate historic character. With some features, such as rich walnut floors, it’s hard to tell the original from the new. The most dramatic change was the reconfiguration and opening of the kitchen to the family room, as well as a dining and mudroom expansion. Applewood cabinetry by Superior Woodcraft and soapstone counters envelope chef-worthy features, like on-demand sparkling water and an 8-burner Miele range. Smart storage solutions include a charging station and hidden beverage drawers. Since the private stone terrace designed around old-growth specimen trees is clearly an entertainer’s paradise, complete with a fireplace and koi pond, it makes perfect sense that a wine fridge is within arm’s reach of the back door. When the party’s over, unwind to the bells of the Cleveland Tower carillon, played live every Sunday. Five bedrooms include 3 suites on the second floor with customizable Elfa closet systems and distinctly renovated bathrooms. An office and a top floor lounge are flexible spots to study, play or work. Already equipped with a high-speed charger, the 3-car garage is a valuable rarity in this historic neighborhood. At just about a half mile to Nassau Street, Princeton University, McCarter Theater and more, this is an extraordinary Princeton opportunity.

Last Agent to Sell the Property

Judson Henderson

(609) 651-2226 jhenderson@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9231366 Listed on: 09/17/2021

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Kathryn Baxter

(516) 521-7771 kbaxter@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #446951

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,824

Year Built

  • Built in 1850

Lot Details

  • 7,440 Sq Ft Lot
  • Lot Dimensions are 40.00 x 186.00
  • Extensive Hardscape
  • Property is zoned R1MP

Parking

  • 3 Car Detached Garage
  • 3 Driveway Spaces
  • Parking Storage or Cabinetry
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Asphalt Roof
  • Rubber Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Crown Molding
  • Recessed Lighting
  • 2 Fireplaces
  • Non-Functioning Fireplace
  • Gas Fireplace
  • Mud Room
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Home Gym
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio
  • Waterfall on Lot
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 14-00039 01-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,824

Year Built

Built in 1850

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Light fixtures in breakfast room, light fixture in kitchen pantry, light fixture in 1st floor powder room, Sonos speakers, wine refrigerators in basement, koi in pond, sconces in living room (negotiable), chandelier above stairs on third floor (negotiable
  • Inclusions: Window treatments except main bedroom, light fixtures except those detailed in exclusions, TV and rug in living room, main bath standing closet, office desk on second floor, rug in main floor office, TV in family room, TV in gym, basement refrigerator
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2021-09-18
  • Year Built: 1850
  • Automatically Close On Close Date: No
  • Remarks Public: Over a handful of years, this storied, in-town residence was completely overhauled - from the top-floor guest getaway to the backyard fitness studio and every inch in between. The talented professionals of Bogle Design Group and Leddy Interiors combined forces to create spaces full of warm polished style and sophisticated modern livability without sacrificing any of the Mercer Hill home’s innate historic character. With some features, such as rich walnut floors, it’s hard to tell the original from the new. The most dramatic change was the reconfiguration and opening of the kitchen to the family room, as well as a dining and mudroom expansion. Applewood cabinetry by Superior Woodcraft and soapstone counters envelope chef-worthy features, like on-demand sparkling water and an 8-burner Miele range. Smart storage solutions include a charging station and hidden beverage drawers. Since the private stone terrace designed around old-growth specimen trees is clearly an entertainer’s paradise, complete with a fireplace and koi pond, it makes perfect sense that a wine fridge is within arm’s reach of the back door. When the party’s over, unwind to the bells of the Cleveland Tower carillon, played live every Sunday. Five bedrooms include 3 suites on the second floor with customizable Elfa closet systems and distinctly renovated bathrooms. An office and a top floor lounge are flexible spots to study, play or work. Already equipped with a high-speed charger, the 3-car garage is a valuable rarity in this historic neighborhood. At just about a half mile to Nassau Street, Princeton University, McCarter Theater and more, this is an extraordinary Princeton opportunity.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Water Heater - Tankless
  • Flooring Type: Wood
  • Interior Amenities: Breakfast Area, Cedar Closet(s), Crown Moldings, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Fireplace Features: Gas/Propane, Non-Functioning
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Breakfast Room, Bedroom 1, Exercise Room, Laundry, Mud Room, Office, Recreation Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 150

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Water Falls
  • Roof: Asphalt, Shingle, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Shared Driveway
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • 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
  • Elementary School: JOHNSON PARK
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: JOHNSON PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 727800.00
  • Land Assessed Value: 536000.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 40.00 x 186.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7440.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Year Assessed: 2021
  • Zoning: R1MP

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2140298
  • Tax Annual Amount: 30824.00
  • Assessor Parcel Number: 14-00039 01-00005
  • Tax Lot: 00005
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/15/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Dec 1, 2021
Sold by
Foster Debra C and Foster Charles S
Bought by
Davis Austin Jay
Seller's Agent
Judson Henderson
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Kathryn Baxter
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,899,000
Sold Price
$2,005,000
Premium/Discount to List
$106,000
5.58%
Current Estimated Value
$2,627,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,627
Avg. Annual Appreciation
7.42%
Original Mortgage
$1,600,000
Outstanding Balance
$1,453,840
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,173,787

Purchase Details

Closed on
Sep 21, 2012
Sold by
Brand Jay and Brand Adelinda
Bought by
Foster Debra C and Foster Charles S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2010
Sold by
Ufford Charles W and Ufford Letitia W
Bought by
Brand Jay and Brand Adelina
Source: Public Records

Range of Values:

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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
Davis Austin Jay $2,005,000 Old Republic Title
Davis Austin Jay $2,005,000 Old Republic Title
Foster Debra C $999,999 None Available
Brand Jay $852,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Austin Jay $1,600,000
Closed Davis Austin Jay $1,600,000
Previous Owner Foster Debra C $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $2,005,000 +5.6% --
09/22/2021 09/22/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $1,899,000 +89.9% --
01/15/2013 01/15/13 Sold $999,999 0.0% $259 / Sq Ft
09/16/2012 09/16/12 Pending -- -- --
09/06/2012 09/06/12 Price Changed $999,999 -13.0% $259 / Sq Ft
08/21/2012 08/21/12 Price Changed $1,150,000 -8.0% $298 / Sq Ft
06/08/2012 06/08/12 Price Changed $1,250,000 -16.4% $324 / Sq Ft
05/14/2012 05/14/12 For Sale $1,495,000 -- $387 / 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 $33,655 $1,263,800 $536,000 $727,800
2024 $31,772 $1,263,800 $536,000 $727,800
2023 $31,772 $1,263,800 $536,000 $727,800
2022 $30,736 $1,263,800 $536,000 $727,800
2021 $30,824 $1,263,800 $536,000 $727,800
2020 $30,584 $1,263,800 $536,000 $727,800
2019 $24,987 $1,053,400 $471,000 $582,400
2018 $24,491 $1,050,200 $471,000 $579,200
2017 $24,155 $1,050,200 $471,000 $579,200
2016 $20,634 $911,400 $471,000 $440,400
2015 $20,160 $911,400 $471,000 $440,400
2014 $19,949 $913,000 $471,000 $442,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2005180

Bright MLS

APN: 14-00039-01-00005