$2,150,000
SOLD DEC 28, 2021

152 Mercer St Princeton, NJ 08540

-- Bed
-- Bath
1,036 Sq Ft
3,332 Sq Ft Lot

Recently Sold

$2,075 Per Sq Ft

4% Below List Price

91 Days on Market

Highlights

  • No HOA
  • Johnson Park School Rated A+
  • Forced Air Heating and Cooling System

About This Home

As of December 2021

Location, Location, and Location! A rare investment opportunity to own this well-maintained property in the heart of Princeton, center of shopping, culture, and entertainment, and just steps away from the Princeton university and train station. This property consists of 4 rental units with beautiful backyard and plenty of parking space.

Last Agent to Sell the Property

Yuen Li Huang

BHHS Fox & Roach - Princeton License #0234160 Listed on: 06/30/2021

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Yuen Li Huang

BHHS Fox & Roach - Princeton License #0234160 Listed on: 06/30/2021

BHHS Fox & Roach - Princeton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,210

Year Built

  • Built in 1900

Lot Details

  • 3,332 Sq Ft Lot
  • Lot Dimensions are 17.00 x 196.00

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • 1,036 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Lot

Schools

  • John Witherspoon Middle School
  • Princeton High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00021
  • Assessor Parcel Number 14-00039 01-00021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,210

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Location, Location, and Location! A rare investment opportunity to own this well-maintained property in the heart of Princeton, center of shopping, culture, and entertainment, and just steps away from the Princeton university and train station. This property consists of 4 rental units with beautiful backyard and plenty of parking space.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1036
  • Living Area Sq Ft: 1036
  • Price Per Sq Ft: 2171.81
  • Above Grade Finished Sq Ft: 1036
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 152-158

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 4

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Middle School: JOHN WITHERSPOON M.S.
  • High School: PRINCETON H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 70600.00
  • Land Assessed Value: 389000.00
  • Lot Size Acres: 0.08
  • Lot Dimensions: 17.00 x 196.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3332.00
  • Year Assessed: 2021
  • Zoning: R1MP

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2140313
  • Tax Annual Amount: 11210.00
  • Assessor Parcel Number: 14-00039 01-00021
  • Tax Lot: 00021
  • Tax Total Finished Sq Ft: 1036
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/28/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Jan 26, 2022
Sold by
Bates Living Trust Credit Shelter Tru
Bought by
Forest Garden 81 Llc
Seller's Agent
Yuen Li Huang
BHHS Fox & Roach - Princeton
Buyer's Agent
Yuen Li Huang
BHHS Fox & Roach - Princeton
List Price
$2,250,000
Sold Price
$2,150,000
Premium/Discount to List
-$100,000
-4.44%
Total Days on Market
91
Current Estimated Value
$754,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,395,808
Avg. Annual Appreciation
-26.42%
Interest Rate
3.56%

Purchase Details

Closed on
Jan 1, 2016
Sold by
The Bates Living Trust
Bought by
The Bates Living Trust Credit Shelter Tr

Purchase Details

Closed on
May 24, 2007
Sold by
Bates Harry
Bought by
Bates Harry and Bates Barbara
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $537,500 --
Interfamily Deed Transfer -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Rented $3,500 0.0% --
05/16/2022 05/16/22 Under Contract -- -- --
04/27/2022 04/27/22 For Rent $3,500 0.0% --
04/15/2022 04/15/22 Rented $3,500 0.0% --
04/09/2022 04/09/22 Under Contract -- -- --
02/28/2022 02/28/22 For Rent $3,500 0.0% --
12/28/2021 12/28/21 Sold $2,150,000 -4.4% $2,075 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $2,250,000 -- $2,172 / 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 $11,715 $466,000 $389,000 $77,000
2023 $11,715 $466,000 $389,000 $77,000
2022 $11,333 $466,000 $389,000 $77,000
2021 $11,210 $459,600 $389,000 $70,600
2020 $11,122 $459,600 $389,000 $70,600
2019 $9,576 $403,700 $340,300 $63,400
2018 $9,414 $403,700 $340,300 $63,400
2017 $9,285 $403,700 $340,300 $63,400
2016 $9,140 $403,700 $340,300 $63,400
2015 $8,930 $403,700 $340,300 $63,400
2014 $8,821 $403,700 $340,300 $63,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME2001048

Bright MLS

APN: 14-00039-01-00021