NOT LISTED FOR SALE

173-175 John St Princeton, NJ 08542

Estimated Value: $991,000 - $1,398,000

-- Bed
-- Bath
1,540 Sq Ft
$786/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $597,000 $388 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $7,712/month

Highlights

  • Wood Flooring
  • No HOA
  • Heating System Uses Gas
  • Johnson Park School Rated A+
  • En-Suite Primary Bedroom

About This Home

As of August 2012

VERY WELL maintained, with recent renovations, this 4 unit apartment building is in the heart of Princeton. Go Green! Walk everywhere- shops, library, schools, restaurants and so much more. Excellent investment. Current rents are below market value. First floor units have back yards and the second floor units have porches. Lots of possibilities. All units are tenant occupied with 12 month Leases. Advanced noticed required for showings.

Last Agent to Sell the Property

Elizabeth Hicks

(609) 462-5285 scotney59@gmail.com Queenston Realty, LLC License #9910296 Listed on: 03/25/2012

Last Buyer's Agent

Ermelinda Carnevale

(609) 462-7719 ermelinda.carnevale@foxroach.com BHHS Fox & Roach - Princeton License #7811735

BHHS Fox & Roach - Princeton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,768

Lot Details

  • 3,600 Sq Ft Lot
  • Lot Dimensions are 30x120

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,540 Sq Ft Home
  • Unfinished Basement
  • Partial Basement

Flooring

  • Wood
  • Vinyl

Schools

  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00072
  • Assessor Parcel Number 14-00017 03-00072

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $12,000
  • Operating Expense $22,768

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,768

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Belongings
  • New Construction: No
  • Remarks Public: VERY WELL maintained, with recent renovations, this 4 unit apartment building is in the heart of Princeton. Go Green! Walk everywhere- shops, library, schools, restaurants and so much more. Excellent investment. Current rents are below market value. First floor units have back yards and the second floor units have porches. Lots of possibilities. All units are tenant occupied with 12 month Leases. Advanced noticed required for showings.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Vinyl
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Total Sq Ft: 1540
  • Living Area Sq Ft: 1540
  • Price Per Sq Ft: 421.43
  • Above Grade Finished Sq Ft: 1540
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 173-175

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 305600.00
  • Land Assessed Value: 173000.00
  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3600.00
  • Zoning: R4

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 67800.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 2138813
  • Tax Annual Amount: 9768.00
  • Assessor Parcel Number: 14-00017 03-00072
  • Tax Lot: 00072
  • Tax Year: 2011
  • Close Date: 08/31/2012

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2016
Sold by
Carnevale Raffaele and Carnevale Ermelinda
Bought by
Carnevale Ermelinda
Current Estimated Value
$1,210,765

Purchase Details

Listed on
Mar 25, 2012
Closed on
Aug 31, 2012
Sold by
Scott Rajka B V
Bought by
Carnevale Raffaele and Carnevale Ermelinda
Seller's Agent
Elizabeth Hicks
Queenston Realty, LLC
Buyer's Agent
Ermelinda Carnevale
BHHS Fox & Roach - Princeton
List Price
$785,000
Sold Price
$597,000
Premium/Discount to List
-$188,000
-23.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Sep 29, 1993
Sold by
Steinline Jean
Bought by
Davis Robert and Smith Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7%
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
Carnevale Ermelinda -- None Available
Carnevale Raffaele $597,000 None Available
Davis Robert $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Robert $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2012 08/31/12 Sold $597,000 -23.9% $388 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
03/25/2012 03/25/12 For Sale $785,000 -- $510 / 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 $15,515 $582,600 $211,000 $371,600
2024 $14,647 $582,600 $211,000 $371,600
2023 $14,647 $582,600 $211,000 $371,600
2022 $14,169 $582,600 $211,000 $371,600
2021 $14,210 $582,600 $211,000 $371,600
2020 $14,099 $582,600 $211,000 $371,600
2019 $13,819 $582,600 $211,000 $371,600
2018 $13,472 $577,700 $211,000 $366,700
2017 $11,748 $510,800 $173,000 $337,800
2016 $11,565 $510,800 $173,000 $337,800
2015 $11,299 $510,800 $173,000 $337,800
2014 $11,161 $510,800 $173,000 $337,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Elizabeth Hicks

    Queenston Realty, LLC

    Section Image

  • E

    Buyer's Agent in 2012

    Ermelinda Carnevale

    BHHS Fox & Roach

    (609) 462-7719

    4 in this area

    6 Total Sales

    Ermelinda Carnevale
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003896144

Bright MLS

APN: 14-00017-03-00072

New Jersey Mercer County Princeton 08542

173-175 John St, Princeton, NJ

This home is located at 173-175 John St, Princeton, NJ 08542 since 25 March 2012 and is currently estimated at $1,210,765, approximately $786 per square foot. 173-175 John St is a home located in Mercer County with nearby schools including Johnson Park School, Princeton Middle School, and Princeton High School.

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