$840,000
SOLD AUG 10, 2018

166 John St Unit 168 Princeton, NJ 08542

-- Bed
-- Bath
2,262 Sq Ft
0.41 Acres

Recently Sold

$371 Per Sq Ft

5% Above List Price

28 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Air
  • Johnson Park School Rated A+
  • En-Suite Primary Bedroom
  • Baseboard Heating

About This Home

As of August 2018

More pictures to follow. Location, Lot size (one of the largest in the neighborhood), 5+ cars in driveway parking, short proximity to down town Princeton, makes this home a buyers dream! Duplex in the heart of Princeton within walking distance to YWCA, Palmer Sq, library, Princeton art council, Princeton University, community pool, train station, restaurants and stores. Some damage to second floor bedroom and roof due to fire in (on left side of the home when facing home from the front). Home was completely renovated in 2008/2009; electric up to code, Oil tank removed, now gas and baseboard heat with central air on both sides, all windows replaced except 2 windows in the basement. Access to basement through both homes and also through the garage door. Washer and dryer hook up in the basement. 3 bedrooms with one bath on both sides. Both sides are complete mirror image of each other. Enter into the hallway with hardwood floors leading into the living room, eat in kitchen, patio and back yard. Bedrooms and bathrooms are on the second floor. Do not miss this opportunity to own this lovely lot in downtown Princeton! This is a great buy for both investors and multi generational families that would like to live in town. Home is located in the historic district of John Witherspoon and historic restrictions apply. Sold as is, buyer responsible for all inspections.

Last Agent to Sell the Property

Nadia Macauley

Weichert Realtors - Princeton Listed on: 04/16/2018

Weichert Realtors - Princeton

Last Buyer's Agent

Susan Hughes

Callaway Henderson Sotheby's Int'l-Princeton License #AB066208

Callaway Henderson Sotheby's Int'l-Princeton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,837

Year Built

  • Built in 1930

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 93x190

Parking

  • 5 Open Parking Spaces

Home Design

  • 2,262 Sq Ft Home
  • Duplex
  • Vinyl Siding

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Johnson Park Elementary School

Utilities

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

Additional Features

  • En-Suite Primary Bedroom
  • Washer and Dryer Hookup

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 14-00017 05-00016

Community Details

Overview

  • No Home Owners Association
  • Abbott Commons Subdivision

Building Details

  • Operating Expense $14,837

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,837

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Remarks Public: More pictures to follow. Location, Lot size (one of the largest in the neighborhood), 5+ cars in driveway parking, short proximity to down town Princeton, makes this home a buyers dream! Duplex in the heart of Princeton within walking distance to YWCA, Palmer Sq, library, Princeton art council, Princeton University, community pool, train station, restaurants and stores. Some damage to second floor bedroom and roof due to fire in (on left side of the home when facing home from the front). Home was completely renovated in 2008/2009; electric up to code, Oil tank removed, now gas and baseboard heat with central air on both sides, all windows replaced except 2 windows in the basement. Access to basement through both homes and also through the garage door. Washer and dryer hook up in the basement. 3 bedrooms with one bath on both sides. Both sides are complete mirror image of each other. Enter into the hallway with hardwood floors leading into the living room, eat in kitchen, patio and back yard. Bedrooms and bathrooms are on the second floor. Do not miss this opportunity to own this lovely lot in downtown Princeton! This is a great buy for both investors and multi generational families that would like to live in town. Home is located in the historic district of John Witherspoon and historic restrictions apply. Sold as is, buyer responsible for all inspections.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Hookup
  • Total Sq Ft: 2262
  • Living Area Sq Ft: 2262
  • Price Per Sq Ft: 353.23
  • Above Grade Finished Sq Ft: 2262
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 166-168

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 5

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: JOHNSON PARK
  • School District Key: 300200396175
  • Elementary School: JOHNSON PARK

Lot Info

  • Improvement Assessed Value: 120400.00
  • Land Assessed Value: 524700.00
  • Lot Size Acres: 0.41
  • Lot Dimensions: 93X190
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17670.00
  • Zoning: R4

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2138856
  • Tax Annual Amount: 14837.00
  • Assessor Parcel Number: 14-00017 05-00016
  • Tax Lot: 00016
  • Tax Year: 2017
  • Close Date: 08/10/2018

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jul 6, 2018
Sold by
Swainson Diana Bess and Estate Of Helen M Bess
Bought by
166 168 John Street Llc
Seller's Agent
Nadia Macauley
Weichert Realtors - Princeton
Buyer's Agent
Susan Hughes
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$799,000
Sold Price
$840,000
Premium/Discount to List
$41,000
5.13%
Current Estimated Value
$1,578,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$738,551
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Mar 31, 2010
Sold by
Bess Helen M and Swainson Diana Bess
Bought by
Bess Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,000
Interest Rate
5%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $840,000 Title Evolutions Llc
Interfamily Deed Transfer -- Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $885,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $252,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2022 01/01/22 Rented $2,500 0.0% --
12/17/2021 12/17/21 Under Contract -- -- --
11/21/2021 11/21/21 For Rent $2,500 0.0% --
12/15/2020 12/15/20 Rented $2,500 0.0% --
11/12/2020 11/12/20 Under Contract -- -- --
10/04/2020 10/04/20 For Rent $2,500 0.0% --
08/10/2018 08/10/18 Sold $840,000 +5.1% $371 / Sq Ft
07/31/2018 07/31/18 Price Changed $799,000 0.0% $353 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $799,000 -- $353 / 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 $24,889 $990,000 $747,700 $242,300
2023 $24,889 $990,000 $747,700 $242,300
2022 $29,476 $1,212,000 $969,700 $242,300
2021 $18,732 $768,000 $525,700 $242,300
2020 $18,586 $768,000 $525,700 $242,300
2019 $18,217 $768,000 $525,700 $242,300
2018 $15,860 $680,100 $559,700 $120,400
2017 $14,837 $645,100 $524,700 $120,400
2016 $14,605 $645,100 $524,700 $120,400
2015 $14,270 $645,100 $524,700 $120,400
2014 $14,095 $645,100 $524,700 $120,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000410526

Bright MLS

APN: 14-00017-05-00016